Pork belly retail price hits P420/kilo
MANILA, Philippines — The retail price of pork belly or liempo has reached as high as P420 per kilo amid the upward trend in its cost, according to data from the Department of Agriculture (DA).
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DA chief launches several projects in Bataan
Agriculture Secretary Francisco P. Tiu Laurel , Jr. on Thursday turned over P5-Million under the Enhanced Kadiwa Financial Grant for the establishment of a permanent KADIWA in Limay, Bataan as part of the government’s push for food security and higher income for farmers.
Press Release - Gatchalian urges ECs to find ways to lower power costs; pushes for RE use
Senator Win Gatchalian urged electric cooperatives (ECs) to find ways to lower power costs for the benefit of consumers as he pushed for the development of renewable energy (RE) in Small Power Utilities Group (SPUG) areas.
February inflation quickened to 3.4% y/y
The Philippine Statistics Authority (PSA) [link] said that Philippine inflation for February quickened to 3.4% y/y, up from January’s 2.8% y/y increase. Month-on-month, the consumer price index data increased 0.56% from P124.8 in January to P125.5 in February.
Press Release - Malasakit Center helps family's battle with cancer as Bong Go continues to push for accessible healthcare for the poor
The story of Ma. Avegel Sanipa and her daughter Joyce mirror the struggles and hopes of many Filipino families grappling with the challenges of accessing healthcare. Their tale is intricately linked to the Malasakit Center initiative. This program, initiated by Senator Christopher "Bong" Go, has become a cornerstone for those in desperate need of medical aid.
SPNEC confirms it is looking for investors in Terra Solar to help fund project dev't
SP New Energy [SPNEC 1.11, up 0.9%] [link], Meralco’s [MER 373.00, down 1.8%] new renewable energy subsidiary, confirms a report that it was seeking investors to help fund the development of the 3.5 GW Terra Solar project, but clarified that it is only seeking investors “at the Terra Solar Philippines Inc. level,” and that it has only “just launched the process and are still in discussions with various possible investors.” Manny Pangilinan, the Chairman of SPNEC and SPNEC’s ultimate parent company said that they need investors “to help us in financing” as MER is starting “to see the complexities that flow from the execution of a project of this scale.” Mr. Pangilinan said that SPNEC is speaking with foreign investors, but did not indicate if that was in addition to potential domestic investors.
Inflation rises 3.4% in February, ending 4-month decline
MANILA, Philippines — The country's inflation rate gained momentum in February 2024 as the costs of food and non-alcoholic beverages surged, ending a four-month decline.
‘No reason for pork price surge in Visayas, Mindanao’
MANILA, Philippines — There is no reason for the spike in retail prices of pork in the Visayas and Mindanao, as the prevailing live weight cost is only P180 per kilo, farmers’ group Samahang Industriya ng Agrikultura (SINAG) said over the weekend.