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Bacolod City, PhilippinesThursday, September 5, 2013
DA hit for rising prices of rice

Negros Occidental Gov. Alfredo Marañon Jr. Tuesday said that while prices of rice have increased slightly, he expects them to decrease with harvest season having started.

But the Kilusang Magbubukid ng Pilipinas in a statement yesterday, assailed the Department of Agriculture for what it called, its “inaction and ineptitude on the continuing increases in the price of rice.”

“The price of rice is steadily increasing for almost two months now and the DA has done nothing to pull down, stabilize, and control prices,” KMP secretary general Antonio Flores said in their press release.

Philippines jumps to 59th
in competitiveness index

MANILA  – The Philippines’ ranking in the World Economic Forum Global Competitiveness Report 2013-2014 has improved by six notches from rank 65 out of 144 economies worldwide in 2012 to 59th this year out of 148 economies.

This was disclosed by WEF through the Makati Business Club  that called a press conference yesterday morning to announce the latest Global Competitiveness Report.

The GCR is an annual report measuring the competitiveness of an economy through 146 indicators grouped into 12 pillars. The report also determines the economic prosperity of a country.

POEA implements no-gift policy

Since the “ber” months have started, where some Filipinos begin to send gifts to people to show their appreciation, the Philippine Overseas Employment Administration has reminded private individuals and companies transacting with the agency to shun giving gifts to their officials and employees, a government press release said.

Administrator Hans Leo Cacdac, in a memorandum addressed to private recruitment agencies, suppliers, contractors and other parties were advised that the “no gift policy” has been implemented.

He said the order is a reiteration of the policy stipulated in the memorandum issued on November 12, 2012.

Business
ButtonDA hit for rising prices of rice
ButtonPhilippines jumps to 59th in competitiveness index
ButtonPOEA implements no-gift policy
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