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Published December 17, 2020, 5:00 PM The Department of Agriculture (DA-7) has urged the various local government units (LGUs) in Central Visayas to revisit, update and craft their respective localized Food Security Plan (FSP) to address food accessibility and availability in local communities in a DA-LGU Harmonization of Agricultural Initiatives conference on December 11 held in Balamban Cebu. DA7 Regional Executive Director Atty. Salvador Diputado, the Local Chief Executives (LCEs) that they need to craft or revisit their FSP for them to know if their municipality is food-secured. Diputado s...

QUEZON CITY, Dec. 17 --  The Department of Agriculture (DA), through the Agricultural Credit Policy Council (ACPC), turned over to the Land Bank of the Philippines (LANDBANK) P1 billion as additional funding for emergency loans to small farmers and fisherfolk. In a virtual ceremony held on December 15, 2020, Agriculture Secretary and DA-ACPC Chair William Dar turned over to LANDBANK, represented by its President and CEO Cecilia Borromeo, the new funds for the Expanded SURE Aid and Recovery Project or SURE COVID-19, which is funded under the Bayanihan to Recover as One Act or Republic Act 114...

The Bangko Sentral ng Pilipinas (BSP) said bank-transferred remittances from overseas Filipinos as of end-October reached $24.633 billion, down 0.9 percent year-on-year form $24.858 billion. The BSP said the “cumulative contraction” in remittances has narrowed from the previous 1.4 percent in September. For 2020, the central bank has predicted that remittances will contract by two percent and then resume its four-percent a year growth in 2021 until 2022. (Ali Vicoy/Manila Bulletin) For the month of October only, cash remittances increased by 2.9 percent year-on-year to $2.747 billion from...

Consumer, business confidence inch up from record plunge as quarantine rules eased in Q4 – poll enablePagination: false (FILE PHOTO) Metro Manila (CNN Philippines, December 10) — Consumer and business confidence have recovered in the last three months of 2020 from a record slump, the Bangko Sentral ng Pilipinas said, drawing optimism from looser quarantine restrictions. Results released Friday of the latest Consumer and Business Expectation Surveys by the central bank showed lifted spirits leading up to the holidays. The Christmas cheer led to gains in business confidence, but not as muc...