JAMES KONSTANTIN GALVEZ, TMT

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The Department of Agrarian Reform has signed a memorandum of agreement (MOA) with the Southeast Asian Regional Center for Graduate Study and Research in Agriculture (Searca) for the implementation of a support service delivery mechanism in Bulacan and Nueva Ecija. Dubbed as the “Market-Oriented Agri-Technology and Agri-Extension Services under the…

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The country’s biggest nickel miner on Tuesday said that its net income dropped by half in the first half of the year because of lower nickel prices, offsetting increase in shipment volumes. In a disclosure to the Philippine Stock Exchange, Nickel Asia Corp. (NAC) said that its attributable net income…

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Marcventures Mining and Development Corp. (MMDC), the wholly owned subsidiary of Marcventures Holdings Inc., said on Tuesday that its net income increased by 172 percent in the first half of the year after increasing its shipments by threefold. In a disclosure to the Philippine Stock Exchange, MMDC said that its…

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The Department of Environment and Natural Resources (DENR) has awarded over P1.3 million in subsidy to the five-star hotel The Peninsula Manila for using an environmental-friendly air-conditioning system. In a ceremony held at the Ninoy Aquino Parks and Wildlife Nature Center, Environment Secretary Ramon Paje said that the amount represents…

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Growth in the Philippine farm sector this year will likely top last year’s record because of favorable weather and major improvements in the fisheries subsector, the Department of Agriculture (DA) said over the weekend. “We are expecting a major boost in our farm sector this year, because of the gains…

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The Department of Agriculture is tapping state universities and colleges (SUC) to serve as production sites of quality rice seeds. In a statement, Agriculture Secretary Proceso Alcala said such partnership with the SUCs, particularly those with idle lands suitable for rice production, will complement efforts of research stations of the…

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THE National Food Authority (NFA) council has given the go signal for the state-run grains agency to sell well-milled rice at P32 a kilogram in addition to its regular-milled rice that is currently being sold at P27 a kilogram nationwide. NFA administrator Orlan Calayag said the new variety rice is…

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St. Augustine Gold and Copper Ltd. has announced the acquisition of a 25-percent interest in Nationwide Development Corp. (Nadecor) for $43.5 million. “We are delighted to welcome St. Augustine as a significant shareholder in Nadecor. Both companies are aligned in our goal to advance the King-king Project into production as…

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Manila will no longer import rice outside its commitment to the international trade agreements with the country producing enough rice to meet domestic requirements, the Department of Agriculture (DA) said on Monday. “If ever we are going to import rice next year, it will be within our minimum access volume…

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The Department of Agriculture (DA) will implement three major public-private partnership (PPP) projects designed to increase productivity of various sectors in agriculture and fisheries. Zenaida Villegas, DA Project Service Development director, said that the projects for consideration under the PPP scheme will include the construction of a multipurpose reservoir dam,…

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