Solons: Expand Pinoys’ access to healthy food
The national government should encourage farming in urban and rural areas to end malnutrition and move closer to achieving food security, according to lawmakers.
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Business
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‘DA must blacklist traders who will delay rice imports’
The Department of Agriculture (DA) must “blacklist” rice importers who are not using their approved sanitary and phytosanitary import clearances (SPSICs), the Samahang Industriya ng Agrikultura (Sinag) said over the weekend.
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Report: Sharp decrease in climate finance going to small-scale farmers
Ahead of COP28, the UN’s International Fund for Agricultural Development (IFAD) urges global leaders to shift gears and drastically and urgently scale-up climate finance for small-scale farmers and small agribusinesses.
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DOF: Ample reserves, forex inflows back peso vs dollar
AMPLE international reserves and foreign exchange inflows would prevent the Philippine peso from weakening to beyond P57 against the greenback in the medium term, according to the Department of Finance (DOF).
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Driving meaning from metrics
AS Insight functions grow and the ability to measure, understand and predict customer behavior becomes more and more sophisticated, many organizations find themselves with a proliferation of customer data signals at their disposal.
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GoTyme, Paymongo ink deal to expand loan biz
GOKONGWEI-led GoTyme Bank Corp. and PayMongo Philippines Inc. have inked a partnership to expand financial loans among small-scale and medium-sized enterprises (SMEs).
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PSF Board approves climate projects worth ₱540 million
THE Board of the People’s Survival Fund (PSF), chaired by the Department of Finance (DOF), has approved five climate change adaptation projects endorsed by the Climate Change Commission (CCC) amounting to P540.3 million.
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JPMorgan Chase cites HR initiatives cover PHL biz
THE local business of JPMorgan Chase and Co. (NYSE: JPM) credits the pro-family benefits the banking and financial services firm provide to employees as a reason it has status as one of the best places to work.
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GSIS, JICA in collab to boost protection of govt assets
THE state-run Government Service Insurance System (GSIS) tapped the Japan International Cooperation Agency (Jica) to improve its general insurance policies to ensure better protection of public properties and assets against disasters.
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Aboitiz unit earmarks ₱50Bfor RE portfolio expansion
Aboitiz Power Corp. (AboitizPower) is allocating P50 billion for capital expenditures (capex) next year to help achieve its target of having 4,600 megawatts (MW) of clean energy, or 50 percent of its generation portfolio, by 2030.
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ERC to Meralco: Improve terms of electricity auction
The Energy Regulatory Commission (ERC) wants the Manila Electric Co. (Meralco) to improve the bidding terms of the ongoing competitive selection process (CSP) for 1800-megawatt (MW) baseload capacity.
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Stock-Market Outlook
Last week
Share prices gained last week, allowing the main index to close higher for four consecutive weeks, but volume remained thin as investors remained on the sidelines.
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Figaro expands store network
Figaro Coffee Group Inc. said the company has expanded its store network to 200 on its 30th year anniversary.
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‘Calax segment acquires ROW’
MPCALA Holdings Inc. (MHI), the concessionaire of the Cavite-Laguna Expressway (Calax), has received substantial right of way (ROW) for the construction of the remaining portion of the thoroughfare’s Cavite segment.
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Court orders Megaworld to post ₱873-M counter bond
The Quezon City Regional Trial Court has ordered property developer Megaworld Corp. to set aside P873.32 million as a counterbond to cover the potential obligation claimed by construction firm Datem Inc.
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GCash launches GCash for Business to provide digital solutions to biz owners, decision-makers
If you have had the opportunity to talk to business owners and business decision-makers, they will tell you that running a business entails a lot of hardship and challenges. While nano, micro, small, and medium-sized enterprises (NMSMEs) and large enterprises have different sets of needs, what is common across both is the need to make the customer experience as easy as possible.
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Cocoa farming lures new money as Brazil is set to revive exports
Cocoa farmers in Brazil are getting ready for a dramatic comeback.
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Pag-IBIG Calamity Loan ready for members affected by Mindanao Quake and Eastern Visayas Floods
Pag-IBIG Fund announced on Friday (24 November) that the agency’s calamity loan is ready to help members affected by the Southern Mindanao earthquake and Eastern Visayas Floods.
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Kinpo Batangas facility to go solar
Kinpo Group in the Philippines has tapped TotalEnergies ENEOS to put up an 11.9 megawatt-peak (MWp) solar rooftop photovoltaic (PV) system for its facility in Batangas.
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Campi: Better credit access props up 10-month auto sales
The local automotive industry has achieved 83 percent of its sales target for 2023 in October, according to a joint report by the Chamber of Automotive Manufacturers of the Philippines, Inc. (Campi) and the Truck Manufacturers Association (TMA).
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PSE commemorates RRHI listing anniversary
Company directors and officers of the Philippine Stock Exchange Inc. (PSE) and Robinsons Retail Holdings Inc. (RRHI) jointly celebrated the latter’s 10th anniversary as a publicly listed company through a bell ringing ceremony.
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Mining unit of DMCI bags PMIEA award
Zambales Diversified Metals Corp. (ZDMC), a unit of DMCI Holdings Inc., has been given the Presidential Mineral Industry Environmental Award (PMIEA), in recognition of its commitment to environmental protection, safety measures, community development and social responsibility.
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Shares of GoTo soar afterTikTok mulls investment
ByteDance Ltd.’s TikTok is in talks to invest into a unit of Indonesia’s GoTo Group, one of several options the Chinese company is weighing to try and restart its online shop in its biggest e-commerce market.
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European stocks struggle as PMIs show contraction
Stocks in Europe struggled for traction on Thursday as activity surveys showed a recession in the euro area is looking increasingly likely.
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Deere falls as profit outlook disappoints on sales worries
Deere & Co. shares slid the most in 18 months after the company forecast smaller-than-expected profit next year, with slowing equipment demand from farmers starting to weigh on the world’s largest tractor maker.
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Novo invests $2.3B in France
Novo Nordisk A/S plans to invest €2.1 billion ($2.3 billion) to expand production in France as it works to meet surging demand for its sought-after weight-loss medicines.
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LGUs offered climate financing
THE Department of Finance (DOF) urged local government units (LGUs) to tap available state financing for their climate-related projects and programs that contribute to government’s goal of establishing “livable” and “sustainable” communities.
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Associations and Social Capital
DURING conversations on key association resources, I often hear the term “social capital,” so I did some research on how it relates to associations.
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