BSP to watch Covid-19 variants’ threat to inflation

BSP to watch Covid-19 variants’ threat to inflation

While the country’s inflation rate in June 2021 eased to 4.1 percent, the Bangko Sentral ng Pilipinas (BSP) said it would still monitor the economic pressures brought about by the emerging coronavirus variants.

No shortage in meat products, canned goods— San Miguel

No shortage in meat products, canned goods— San Miguel

San Miguel Foods, San Miguel Corp.’s (SMC) food unit, said its meat products and canned goods would remain available in supermarkets and other retail outlets amid the concerns raised about import restrictions and a surge in meat material prices.

DOE wants gov’t to build new power plant

DOE wants gov’t to build new power plant

Despite adequate power supply, Energy Secretary Alfonso Cusi wants the government to again join the power generation business by building a reserve power plant.Cusi warned that if problems in active power plants occurred, supply would not be enough to back up demand...

Agri, food sectors key to PH’s economic recovery – study

Agri, food sectors key to PH’s economic recovery – study

The economic impact of agriculture and food industries in Southeast Asia (Oxford Economics). The agriculture and food sectors will be the main drivers of post-pandemic economic growth, a study has found.The study commissioned by food manufacturer organization Food...

3rd-gen Tan brothers lead Tanduay’s US, e-commerce ventures

3rd-gen Tan brothers lead Tanduay’s US, e-commerce ventures

Third-generation Tan brothers Kyle Tan (left) and Lucio Tan III (right). Two grandsons of tycoon Lucio Tan Sr. are spearheading Tanduay Distillers Inc. ’s e-commerce venture and a partnership deal in Arizona.Tanduay President and COO Lucio Tan III and his younger...