AGRICULTURE News Briefs - October 9, 2017

55 Garlic Importers Banned

The Department of Agriculture (DA) has blacklisted 55 garlic importers, while the Department of Justice (DOJ) is probing allegations regarding manipulation of supply and price.

Agriculture Secretary Manny Piñol said that the suspension of these firms was based on the list of the justice department and of an earlier probe held by Sen. Cynthia Villar on the alleged garlic cartel in the Senate hearing.

Recently, DA already suspended 43 importers following their failure to use sanitary and phyto-sanitary import clearances (SPS-IC) for 50,000 metric tons of garlic.

Piñol said in an earlier interview that “a garlic…

Read more: AGRICULTURE News Briefs - October 9, 2017

Modernize Mindanao Ports: It’s Long Overdue

ONLY with the modernization of its major ports can the island of Mindanao open itself up for more business opportunities on the local and international markets.

Senate President Aquilino “Koko” Pimentel asserted this in support of local businessmen’s call to modernize Mindanao’s ports and make it at par with international standards.

Pimentel said modernizing the local ports in Mindanao, using a global benchmark, will encourage healthy competition in the domestic shipping industry.

“We should fully implement the law that allows foreign ships’ co-loading for domestic transshipment to encourage healthy competition. But our ports have to be upgraded to meet the…

Read more: Modernize Mindanao Ports: It’s Long Overdue

NEDA vows to address data gaps on UN SDG goals

The National Economic and Development Authority on Wednesday vowed to address data gaps in monitoring the Philippines' progress in achieving targets under the Sustainable Development Agenda of the United Nations. 

In his keynote address on Wednesday at the International Conference on Sustainable Development Goals Statistics in Makati, Socioeconomic Planning Secretary Ernesto M. Pernia pointed out that while the Philippine Statistics Authority (PSA), a NEDA-attached agency, had released an initial list of Sustainable Development Goals (SDGs) indicators to be monitored, many have yet to be defined and collected. 

“In terms of monitoring and reporting, the Philippine government is still…

Read more: NEDA vows to address data gaps on UN SDG goals

Light At The End Of The Tunnel

Businessmen are asking if the Department of Trade has been urged to flex its muscle in the solution of the worsening traffic. 

Traffic problem is a space problem. It becomes a problem when demand for space by growing number of cars are not met.

In the case of the Philippines, the auto industry reports sale of hundreds of thousands of units every year. This means geometric increase in demand for space while supply of new lanes of roads comes in trickles.

Thanks to President Duterte and his Build Build Build team, construction of new roads is being rushed at…

Read more: Light At The End Of The Tunnel

Inflation rose year on year in September from 3.1 percent last year to 3.4 percent this year due to higher price increases of selected food and non-food items as a result of higher electricity charges and prices of domestic petroleum products like LPG, kerosene, gasoline and diesel. 

Food inflation rose due to higher prices of rice, meat and fruits while year on year inflation of sugar, jam and honey remained negative for the sixth consecutive time in September. 

Bangko Sentral Gov. Nestor Espenilla said the latest inflation reading remains in line with the BSP’s assessment of manageable inflation with average inflation expected to stay within the range of 2-4 percent for 2017-2019.

Read more: September inflation rises to 3.4%

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