Congress probe sought on P6-B agri training fund
The Philippine Star|August 06, 2024
Farmers' group Federation of Free Farmers (FFF) yesterday asked Congress to conduct an inquiry on how the P6-billion rice fund allotted for agricultural training and extension programs was spent.

FFF national manager Raul Montemayor said the congressional oversight committee on agricultural and fisheries modernization should review the performance of training programs intended for rice farmers.

The programs have been allotted P1 billion yearly since the Rice Tariffication Law (RTL) took effect in 2019.

Montemayor said the fund should be reallocated to concerned implementing agencies.

The committee is chaired by Sen. Cynthia Villar and Quezon Rep. Mark Enverga. It is currently conducting hearings on proposed amendments to the RTL.

The hearings' agenda included the evaluation of the utilization of the RTL's Rice Competitiveness Enhancement Fund (RCEF), which earmarkd P10 billion per year for the training and other programs intended to uplift the life of farmers.

Bu hikaye The Philippine Star dergisinin August 06, 2024 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

Bu hikaye The Philippine Star dergisinin August 06, 2024 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

THE PHILIPPINE STAR DERGISINDEN DAHA FAZLA HIKAYETümünü görüntüle
The Philippine Star

ALI ind'l unit heating up cold storage business

The industrial real estate unit of property giant Ayala Land Inc is heating up its cold storage business as it looks to become a major player in the segment over the next five years.

time-read
2 dak  |
September 17, 2024
The Philippine Star

Financial resources grow 10% as of July

The total resources of the country's financial system breached the P32-trillion level, posting a double-digit growth in the first seven months of the year, preliminary data from the Bangko Sentral ng Pilipinas (BSP) showed.

time-read
1 min  |
September 17, 2024
The Philippine Star

Gov't urged to assist online sellers in BIR registration

Online entrepreneurs should be given proper assistance to comply with Bureau of Internal Revenue (BIR) registration requirements as the tax agency starts a crackdown on unregistered entities, an advocacy group said.

time-read
1 min  |
September 17, 2024
The Philippine Star

FLI diversifies into condotels

Filinvest Land Inc.(FLI) is adding the condotel business in its diverse project portfolio with the acquisition of outstanding shares in Fora Services Inc. (FOSI).

time-read
1 min  |
September 17, 2024
The Philippine Star

Maya, Grab team up for instant credit

Digital lender Maya Bank has partnered with Grab Philippines to offer instant credit services among eligible users, boosting Filipinos' access to financial solutions while integrating more convenience into their daily lives.

time-read
2 dak  |
September 17, 2024
The Philippine Star

SMIC sees better H2 performance

Analysts see a stronger second half performance for the investment holding company of the Sy family.

time-read
1 min  |
September 17, 2024
The Philippine Star

SM Hotels taps TUV Rheinland for food safety, hygiene policies

SM Hotels and Conventions Corp.(SMHCC) has tapped testing service provider TUV Rheinland to ensure the highest standards of safety and quality for dining experiences.

time-read
1 min  |
September 17, 2024
The Philippine Star

Expanded regulatory power of GCG pushed

The Governance Commission on GOCCS (GCG) is expected to expand its regulatory powers once the 13-year-old law surrounding its mandate is amended.

time-read
1 min  |
September 17, 2024
The Philippine Star

Compliance woes stall Pag-IBIG home loan releases

The Home Development Mutual Fund, commonly known as Pag-IBIG Fund, is facing challenges in the release of its housing loans, with only a little over 50 percent of the target reached as of August.

time-read
2 dak  |
September 17, 2024
The Philippine Star

Phl bond market slows in Q2

Philippine bond market growth moderated in the second quarter from the previous quarter due to lower government and corporate issuances, the Asian Development Bank (ADB) said.

time-read
1 min  |
September 17, 2024