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Doy Santos

Butuan-made virgin coconut oil soon to hit US markets

Virgin coconut oil (VCO) produced by Butuan Coconut Products Inc. (BCPI) may soon be available in the United States as the firm secured approval from the US Food and Drug Administration (FDA) to export their products to the US market. In a statement Monday, April 8, the Department of Trade …

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BSP: Banks’ reserve requirement ratio cut still possible

Bangko Sentral ng Pilipinas (PNA photo by Benedicto Briones) MANILA – A further cut in banks’ reserve requirement ratio (RRR) is still possible, the Bangko Sentral ng Pilipinas (BSP) said. “We want to eventually reduce the reserve requirement, but we’re trying to figure out the right timing. We will raise it at …

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Grains mafia must fall

The inflation villain, rice prices, has again reared its ugly head as it was the primary culprit in the 3.7 percent rise in the price indicator in March. Rice reported an inflation of 24.4 percent from last year, the fastest pace since 2009, accounting for 2.2 percentage points to overall …

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Chinese of ‘soldier’s age’ given retiree visas in PH

Senator Nancy Binay Photo from Senate’s FB Page Binay: NICA should step in; PRA: Security checks in place Senator Nancy Binay on Sunday questioned the Philippine Retirement Authority’s policy of issuing special resident retiree visas (SSRVs) to Chinese nationals of “soldier’s age.” She expressed alarm over the PRA policy of …

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‘Employees may skip work amid heat, but no pay’

Members of the Metropolitan Manila Development Authority (MMDA) and Traffic and Parking Management Office (TPMO) carry bottled water while on duty in Alabang-Zapote Road on April 3, 2024 (STAR / Jesse Bustos)  MANILA, Philippines — Workers may opt not to report for work to avoid scorching heat, but will not …

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Government sets traffic summit this week

Motorists and commuters experience heavy traffic along the southbound lane of Kamuning and the westbound lane of Philcoa in EDSA, Quezon City as work resumes on April 1, 2024. (STAR / Michael Varcas)  MANILA, Philippines — The government will hold a traffic summit this week to discuss possible solutions to …

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