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Philippines to import more rice next year Catherine Talavera © STAR/File Philippines to import more rice next year MANILA, Philippines — The Philippines is projected to import more rice next year to meet the rising demand for the commodity, according to the United States Department of Agriculture (USDA). In its latest monthly global grain report, the USDA said the Philippines is expected to import a total of 2.1 million metric tons (MT) of rice in 2022. This is higher than this year’s import forecast of two million MT. “With a smaller crop, the country is forecast to ...

Philippines to Myanmar: Adhere to ASEAN Human Rights Declaration Pia Lee-Brago © STAR/File Philippines to Myanmar: Adhere to ASEAN Human Rights Declaration MANILA, Philippines — The Philippines has called on Myanmar to adhere to the Association of Southeast Asian Nations (ASEAN) Human Rights Declaration amid the rapidly deteriorating situation in the Southeast Asian nation. During the 33rd meeting of the ASEAN Intergovernmental Commission on Human Rights held recently through a video conference, ICHR Philippine Representative Jaime Victor Ledda joined representatives of o...

Philippines vulnerable to rising US yields – S&P Lawrence Agcaoili © STAR/File Philippines vulnerable to rising US yields – S&P MANILA, Philippines — The Philippines is vulnerable to the impact of rising US yields on financial conditions and growth outlook, but not as much as during the “taper tantrum” episode in 2013, S&P Global Ratings said. In its latest report titled “Asia’s emerging economies better cushioned against Taper Tantrum than in 2013,” S&P chief economist for Asia Pacific Shaun Roache said the Philippines and India are the most vulnerable due ...

Philippines fails to improve ranking on equal opportunities for women Louise Maureen Simeon © The STAR/Michael de Guzman, File Philippines fails to improve ranking on equal opportunities for women MANILA, Philippines — The Philippines has failed to improve in giving women equal economic opportunities, with the pandemic reinforcing gender inequalities among countries, according to the World Bank. In its latest report “Women, Business and the Law 2021,” the World Bank said the Philippines scored 78.8 out of 100 on the WBL 2021 index, which  analyzes laws and regulation...

Philippines welcomes US rejoining Paris accord on climate change Rhodina Villanueva © STAR/ File Philippines welcomes US rejoining Paris accord on climate change MANILA, Philippines — The Philippines welcomes the announcement by United States President Joe Biden that the US is rejoining the Paris Agreement on climate change, according to Finance Secretary Carlos Dominguez. “This is a welcome development that comes on the heels of President Duterte’s repeated call on all nations to act on the climate crisis with urgency as one united community under the Paris Agreement...