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URC named top exporter for food and beverage sector

BusinessWorld December 14, 2020 | 12:03 am FOOD MANUFACTURER Universal Robina Corp. (URC) was recognized by the Department of Trade and Industry (DTI) as the country’s top exporter for the processed food and beverage sector. In a statement, the Gokongwei-led company said it was selected by DTI as the leading exporter for the said sector during the National Export Congress held on Dec. 3. URC said the recognition as top exporter was based on 2019 data from the Philippine Statistics Authority (PSA) that showed the value of its export transactions. “The company’s export transactions reached approximately $30 million that year,” URC said. Brian M. Go, URC Vice President for Global Exports and Frontier Markets, said exporters are still pushing forward despite the effects of the coronavirus disease 2019 (COVID-19) pandemic to local and global trade.

Functional literacy rate in 10-64 age group 91 6% in 2019, PSA says

Functional literacy rate in 10-64 age group 91.6% in 2019, PSA says December 13, 2020 | 6:57 pm FUNCTIONAL LITERACY in the 10-64 age group was 91.6% in 2019, the Philippine Statistics Authority (PSA) said, citing the results of its Functional Literacy, Education and Mass Media Survey. The 2019 rate was higher than the 90.3% rate recorded in the 2013 study. This corresponds to around 73.01 million functionally literate out of a total of 79.75 million. In 2013 the corresponding totals were 62.70 million out of 69.44 million. Some 53.4% of Filipinos in the target age segment had completed at least four years of secondary education, with 24.3% deemed able to “read, write, compute, and comprehend,” while 13.8% only capable of reading, writing, and computing.

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