Page 3 - Cna Statement News Today

(File photo from Department of Agriculture) LEGAZPI CITY - At least eight rice farmers belonging to Rangas Agricultural Cooperative will be the initial recipients of certified rice seeds, 10 bags of organic fertilizer per hectare, two bags of urea per hectare, and other farm inputs as part of the Department of Agriculture-Bicol's (DA-5) "Abonong Swak" program. In an interview on Thursday, Emily Bordado, DA-5 spokesperson, said the beneficiaries will be part of the techno demo aimed...

(PNA file photo) MANILA - The government is looking into the formulation of a healing and reconciliation framework for indigenous peoples (IPs) to further boost the local peace engagements and interventions nationwide. The Office of the Presidential Adviser on the Peace, Reconciliation and Unity (OPAPRU) on Wednesday said the framework will be divided into five phases including Trust-Building and Acceptance; Mainstreaming Systemic Conflict-Transformation; Implementing a Conflict-Sensitive and Pe...

MANILA - The Commission on Elections (Comelec) said Friday that F2 Logistics did not violate any election law regarding the election materials found in Amadeo, Cavite, days after the May 9 elections. Acting Comelec spokesperson John Rex Laudiangco, in a statement, said the Commission en banc approved the report of the Packing and Shipping Committee (PSC) that investigated the May 20 incident. "On election offense, they did not see overt act leading to a probable cause. As to contract perfor...

MANILA - The Commission on Elections (Comelec) said Friday that F2 Logistics did not violate any election law regarding the election materials found in Amadeo, Cavite, days after the May 9 elections. Acting Comelec spokesperson John Rex Laudiangco, in a statement, said the Commission en banc approved the report of the Packing and Shipping Committee (PSC) that investigated the May 20 incident. "On election offense, they did not see overt act leading to a probable cause. As to contract perfor...

MANILA - Anti-Red Tape Authority (ARTA) Officer-in-Charge Ernesto Perezsaid Wednesday he will ensure that the operations of the agency will continue to provide unhampered reforms in improving public services despite the suspension offive suspended officials over the issuance of a resolution on automatic approval of the application of NOW Telecom for the frequencies now owned by DITO Telecommunity Corp. Perez, in a statement, however, admitted that there will be challenges in the agency under his...

RATE RISES. The rate of the Bangko Sentral ng Pilipinas' (BSP) 28-day securities rises anew on Friday (June 10, 2022), which BSP Deputy Governor Francisco Dakila Jr. (in photo) traced to investors' expectation for more central bank rate hikes. Both the BSP and the Federal Reserve are expected to announce another rate increase this month. (Photo from BSP) MANILA - Expectations for more hikes in central banks' key policy rates again resulted in the hike in the Bangko Sentral ng Pilipin...

MANILA - A lawmaker on Monday said the country's debt-to-gross domestic product (GDP) level is expected to decline every year from 2023, as long as the fiscal conditions do not deteriorate. Albay Rep. Joey Salceda said the country's debt-to-GDP ratio at 61 percent is high but manageable, especially if the GDP growth significantly outpaces debt growth. "What should matter is whether our debt is growing faster than the size of our economy. Because if we are significantly outpacing deb...

President-elect Ferdinand "Bongbong" Marcos Jr. (File photo) MANILA - President-elect Ferdinand "Bongbong" Marcos Jr. on Thursday bared more appointees to his incoming Cabinet a day after his proclamation as the 17th President of the Philippines. In a press conference, Marcos named former University of the Philippines (UP) president Alfred Pascual as the next head of the Department of Trade and Industry (DTI) under his administration. "I've asked Fred Pascual to head...

BSP Deputy Governor Francisco Dakila Jr. (PNA file photo) MANILA - Rates of the Bangko Sentral ng Pilipinas' (BSP) term deposit facility (TDF) rose anew on Wednesday and the seven-day facility was undersubscribed, following the hike in the central bank's key rates last week. Data released by the central bank showed that average rate of the one-week facility increased to 2.1962 percent and the 14-day facility's to 2.2369 percent. These were at 1.9823 percent and 2.0932 percent for the...

BSP Deputy Governor Francisco Dakila Jr. (PNA file photo) MANILA - Rates of the Bangko Sentral ng Pilipinas' (BSP) term deposit facility (TDF) rose anew on Wednesday and the seven-day facility was undersubscribed, following the hike in the central bank's key rates last week. Data released by the central bank showed that average rate of the one-week facility increased to 2.1962 percent and the 14-day facility's to 2.2369 percent. These were at 1.9823 percent and 2.0932 percent for the...