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MANILA, Philippines — The water level in Angat Dam further dropped to 204.96 meters amid the current strong El Nino phenomenon, according to the Philippine Atmospheric, Geophysical and Astronomical Services Administration.
MANILA, Philippines — National Food Authority administrator Roderico Bioco and 138 other officials and employees involved in an alleged anomalous sale of NFA rice to two traders were placed yesterday on preventive suspension for six months.
Agriculture Secretary Francisco P. Tiu Laurel, Jr. has designated lawyer Paz Benavidez II as assistant secretary for policy and regulations. One of the primary tasks of Asec Benavidez will be to head the secretariat of the Department of Agriculture’s oversight panel on the issuance of regulations, a body created in compliance with provisions of the Anti-Red Tape Act.
THE local government of Taguig padlocked the Makati Park and Garden Sunday for operating without the necessary permits as it continued to clash with Makati City over jurisdiction over the EMBO barangay, triggering a warning of possible violence.
MELBOURNE, Australia — Malaysian Prime Minister Anwar Ibrahim said Monday he would be "happy to reopen" the search for flight MH370 if "compelling" evidence emerged, opening the door to a renewed hunt a decade after the plane disappeared.
MANILA, Philippines — Property giant Megaworld, the country’s largest developer and operator of homegrown Filipino hotel brands, is building its second hotel development inside its 462-hectare Paragua Coastown ecotourism township in San Vicente, Palawan.
International Container Terminal Services [ICT 283.20, down 2.0%] [link], the multi-national port operator owned by Enrique Razon, posted FY23 net income of $511 million, which was down 17% from FY22’s $618 million due to a “non-recurring and non-cash impairment of goodwill” related to ICT’s acquisition of Pakistan International Container Terminal (PICT), and to various other increases in expenses and liabilities. ICT said that without the impairment of goodwill attributed to PICT, the company would have had a FY23 net income of $677 million which would have been a 7% improvement over FY22. ICT’s revenues increased 6% to $2.39 billion, and the volume of containers handled increased 4% to 12.7 million.
MANILA, Philippines — Farmers’ group Federation of Free Farmers national manager Raul Montemayor asked Agriculture Secretary Francisco Tiu Laurel Jr. to include in the ongoing probe on the National Food Authority (NFA)’s questionable rice sale to some traders the alleged billions of pesos worth of fresh palay sold during previous administrations.