philippine news

Nov 3, 20070

Agriculture pursues fish pact with Indonesia

Othel V. Campos
Manila Standard

The philippines plans to renew its bilateral fishing agreement with Indonesia to boost the fisheries sector, the Bureau of Fisheries and Aquatic Resources said yesterday.

Bureau director Malcolm Sarmiento Jr. said a Philippine delegation would … Read the rest

Oct 28, 20070

Entrepreneurship in coffee farming

Manila Times

Like most of his relatives and neighbors in the village of Pook in Silang, Cavite, Apolonio Belamide is a second-generation coffee farmer and has been one all throughout his adult life.

He and his siblings grew up working … Read the rest

Oct 27, 20070

Industry earnings slow in Q2

Darwin G. Amojelar
Manila Times

Earnings growth of Philippine industries slowed in the second quarter from a year ago despite the stellar performance of the real-estate sector, the National Statistical Coordination Board said.

The NSCB said in a statement that … Read the rest

Oct 27, 20070

Updated excise tax computation eyed

Manila Standard

The research arm of Congress has urged legislators to revise the net retail price schedules of cigarettes and fermented liquor under the National Internal Revenue Code and the Tariff and Customs Code of the Philippines.

The Congressional think … Read the rest

Oct 26, 20070

Tobacco industry– a ‘sunset industry’

Sammy Martin
Manila Times

National Tobacco Administrator Carlitos Encarnacion admitted that the tobacco industry is fast becoming a sunset industry in yesterday’s hearing of the Senate’s Committee on Health and Demography chaired by Sen. Pia Cayetano.

“We are trying our … Read the rest

Oct 24, 20070

Tourism to generate $4b in forex receipts this year

Roderick T. dela Cruz
Manila Standard

The influx of more than three million foreign tourists is expected to generate a record $4 billion for the economy this year, the Department of Tourism said.

Tourism Secretary Joseph Ace Durano, speaking at … Read the rest

Oct 12, 20070

Ilocos farmers want hike in floor prices of tobacco leaf

Romeo Supnad
Manila Standard

VIGAN CITY—Tobacco farmers demanded an increase in the minimum prices of all grades of flue-cured Virginia tobacco during the recent industry summit held at the capitol here.

The farmers want an increase ranging from P20.50 to … Read the rest

Sep 27, 20070

Resistance to power act amendment

Fel V. Maragay
Manila Standard

Proposals to amend the seven-year-old Electric Power Industry Reform Act are now being deliberated on by the committee on energy of both the Senate and House of Representatives. The intention of amending the power law … Read the rest

Sep 26, 20070

Manufacturing output recovering—NSO

Manila Standard

The volume of production index, which measures the combined output of 275 large manufacturing establishments belonging to 20 sectors, posted a positive growth in July, the first time in 19 months, the National Statistics Office reported yesterday.

“On … Read the rest

Sep 19, 20070

Napocor, Meralco set lower rates in ecozones

Donnabelle L. Gatdula
Philippine Star

The Manila Electric Co. (Meralco) and the National Power Corp.  (Napocor) have signed a memorandum of agreement (MOA) that would lower by P1 per kilowatthour (kwh) the cost of electricity in 10 industrial estates and … Read the rest

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