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MANILA, Philippines — At least 100,000 metric tons of imported galunggong or round scad were diverted to wet markets during the last nine months, Agriculture Secretary Francisco Tiu Laurel Jr. said yesterday.
MANILA, Philippines — Anvil Publishing and SM Aura held a book launching event for advertising veteran Merlee Jayme’s latest book.
The Department of Agrarian Reform (DAR) has provided training on corn production, pest management, and marketing skills, and turned over a farm tractor worth P1.85 million to members of the Burabod Farmers Agrarian Reform Organization (BFARO) in barangay Burabod, Calabanga, Camarines Sur to improve their income and productivity.
MANILA, Philippines — Fitflop announced a brand relaunch to power their next stage of growth in the UK and internationally. “Smart Moves” comes with a new look and feel for the brand across all creative direction including color palettes, silhouettes and brand logos.
MANILA, Philippines — Although the demand for electricity has not reached its peak yet, the Department of Energy (DOE) assured the public of a stable power supply in the country even amid the El Niño phenomenon.
The Philippines and the Czech Republic have reached mutual understanding on several agricultural issues to improve bilateral trade and widen technology transfers between the two countries, particularly in livestock and dairy production and water management.
COTABATO CITY — Four were killed in separate ambush incidents in two adjoining Bangsamoro provinces nearby and in a gun attack in a public market in Cotabato City in just two days.
SM Investments [SM 972.00, down 1.0%; 63% avgVol] [link] spent P5 billion to purchase 1,884,374,000 shares of Citicore Energy REIT [CREIT 2.79 halted] from CREIT’s parent company, Citicore Renewable Energy Corp. (CREC), at a price of P2.6534/share. The shares were all secondary, meaning that the money that SM paid for the shares went to CREC (not CREIT), and the transaction was completed by way of a block sale. CREIT shares were voluntarily halted to “give the investing public sufficient time to consider or assess the impact of the execution of the block sale before transacting CREIT shares.” In the associated press release, CREC referred to its relationship with SM as a “partnership” that “unlocks potential synergies given the energy requirements of the SM group”. CREC is still CREIT’s single largest shareholder at 32.88%.