Philippines improves in food security rankings

Source BusinessWorld

The Philippines ranked 67th in the Global Food Security Index (GFSI) 2022, trailing behind half of its Asian peers as the country scored low in terms of food availability and adaptability to the impacts of climate change...

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The Asian Development Bank (ADB) has retained its growth forecast for the Philippines for this year, citing a strong rebound in domestic demand as the economy continues to reopen despite growing inflation risks...

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The Peso plunged to a new record low of P58 on Wednesday as the dollar remained strong on expectations of a huge rate hike from the US Federal Reserve overnight...

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Growth prospects have dimmed across Asia’s emerging economies amid sharper slowdown in major economies of the world, but the Asian Development Bank (ADB) maintained its upbeat forecast for the Philippines this year...

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President Ferdinand "Bongbong" Marcos Jr. on Tuesday expressed confidence that the Philippines will be a "moderately prosperous" country by 2040, with steady investment in food security, public health, education and other social services...

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The prices of “noche buena” staples, like Christmas ham, milk, cheese, and all-purpose cream, have started to go up due to the rising cost of raw materials used in manufacturing these goods...

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Despite the COVID-19 pandemic and the global crisis caused by soaring energy and food prices, President Marcos on Tuesday (Wednesday in Manila) told the United Nations General Assembly (UNGA) that the Philippines was on track to a higher income status by 2023...

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The Makabayan bloc on Wednesday filed a resolution to restore State Universities and Colleges’ (SUC) budget cuts, and urged Congress to allocate funds for safe schools reopening...

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The Land Transportation Office sees no problems with the law on motorcycle taxis as there is a need to address the present shortage in public transportation...

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Four lawmakers from the Bicol region have renewed a longtime bid to penalize consensual incest between adults with imprisonment of up to six years...

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Chief Presidential Legal Counsel Juan Ponce Enrile on Wednesday, September 21, said he favors the scrapping of the 1987 Constitution and charter change at this time, but only through a constitutional assembly...

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The House Committee on Labor and Employment has recently approved the proposed Freelance Workers’ Protection bill (HB 2821) that seeks legal and contractual protection for freelance workers and provides them ease of doing business...

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Sen. Robinhood “Robin” C. Padilla has started exploring ways to stop the abuse of TikTok, YouTube, and other “new media” platforms that use streaming content...

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Metro Pacific Tollways Corporation (MPTC), through its innovations arm MPT Mobility, is expanding its services to add mobility solutions that will improve motorists' travel experience...

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In his first ever engagement with the United Nations, President Ferdinand “Bongbong” R. Marcos Jr. called for harnessing new technology and international cooperation to stop climate change and other global threats...

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President Ferdinand R. Marcos Jr. on Wednesday sought the support of United Nations (UN) member-countries for the Philippines’s bid to regain its non-permanent seat in the Security Council...

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Trade Secretary Alfredo E. Pascual and United States Secretary of Commerce Gina Raimondo agreed to pursue key investments in power generation, mineral processing and infrastructure in the Philippines, according to the Department of Trade and Industry (DTI)...

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President Ferdinand "Bongbong" Marcos Jr. and his American counterpart Joe Biden will meet here this week, Malacañang confirmed on Tuesday...

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China "stands ready" to step up law enforcement cooperation with the Philippines to protect its citizens who fell victims to illegal Philippine Offshore Gaming Operators (POGO) operation...

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Justice Secretary Jesus Crispin Remulla disclosed that he is scheduled to meet with the Chinese ambassador to the Philippines and other officials today, Thursday, September 22, 2022, to discuss the planned deportation of at least 40,000 Chinese employees of Philippine Offshore Gaming Operations (POGOs)...

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The world's richest people have put its poorest at risk, Philippine President Ferdinand "Bongbong" Marcos Jr. charged Tuesday (Wednesday in Manila) at the United Nations, pushing for action on inequality, nuclear weapons and climate change...

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President Ferdinand "Bongbong" Marcos Jr. on Wednesday met with Japan Prime Minister Fumio Kishida and World Bank President David Malpass on the sidelines of the United Nations General Assembly (UNGA)...

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President Ferdinand R. Marcos Jr. said the Philippines will seek the assistance of the United Nations to modernize its food production...

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Australian energy firm Sacgasco Ltd. is targeting more offshore oil developments in the Philippines, according to the Department of Trade and Industry (DTI)...

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President Ferdinand "Bongbong" Marcos Jr. and United Nations (UN) Secretary-General António Guterres met here on Tuesday (Wednesday in Manila) to discuss the cooperation between the Philippines and the UN and other global issues...

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The Department of Public Works and Highways (DPWH) has teamed up with Japanese experts to improve the Philippines’ disaster risk reduction countermeasures through coastal engineering...

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The Asian Development Bank (ADB) has downgraded its forecasts for growth in Asia, citing the war in Ukraine, rising interest rates to combat decades-high inflation and China's slowing economy...

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The Federal Reserve rolled out another steep increase in the key US interest rate Wednesday and said more hikes are coming as part of the battle to rein in soaring prices -- an aggressive stance that has raised fears of a recession...

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Oil prices edged lower in early Asian trade on Thursday after the U.S. Federal Reserve raised interest rates significantly to curb inflation, with fears for the global economy casting a shadow over future fuel demand...

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President Vladimir Putin ordered Russia’s first wartime mobilization since World War Two on Wednesday, shocking citizens with what Western countries described as an act of desperation in the face of a losing war...

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U.S. President Joe Biden accused Russia on Wednesday of making “reckless” and “irresponsible” threats to use nuclear weapons and said Moscow had violated the core tenets of United Nations membership by invading Ukraine...

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Climate groups called Wednesday for the World Bank's president to be removed after he refused multiple times to say if he believed man-made emissions contributed to global warming...

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North Korea on Thursday said it has never supplied weapons or ammunition to Russia and does not plan to do so in the future, according to a statement released by the state media KCNA...

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The Global Fund to Fight AIDS, Tuberculosis and Malaria on Wednesday raised $14.25 billion at a donor conference led by US President Joe Biden, executive director Peter Sands said...

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Ukrainian President Volodymyr Zelensky on Wednesday urged the United Nations to punish Russia for its invasion, calling for a special tribunal and compensation fund and for Moscow to be stripped of its veto...

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The Asian Development Bank (ADB) expects slower growth for developing Asian economies as global headwinds continue to threaten the region's economic outlook...

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A US destroyer and a Canadian frigate sailed through the Taiwan Strait on Tuesday in the latest joint operation aimed at reinforcing the route's status as an international waterway...

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Russian President Vladimir Putin’s mobilization of thousands of extra troops for the war in Ukraine will escalate the conflict and his threat to use nuclear weapons was “dangerous and reckless rhetoric,” NATO‘s secretary general said on Wednesday...

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Rising levels of obesity are set to cost the world economy 3.3 percent of gross domestic product (GDP) by 2060, slowing development in lower-income countries and making it hard for people to lead healthy lives, according to a new study published on Wednesday...

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Consumer inflation in Sri Lanka accelerated to 70.2% in August, the statistics department said on Wednesday, September 21, as the island nation reels under its worst economic crisis in decades...

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Stocks fell Wednesday ahead of what many expect to be a third successive jumbo rate hike by the Federal Reserve, while the dollar hit fresh multi-decade highs against the pound and euro after Russia stepped up its war in Ukraine...

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Myanmar's military government on Tuesday denied reports it carried out an air attack on a school in the country's turbulent northwestern region that killed at least seven children, accusing the media of distorting the truth...

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The James Webb Space Telescope has turned its gaze away from the deep universe towards our home Solar System, capturing an image of a luminous Neptune and its delicate, dusty rings in detail not seen in decades, NASA said Wednesday...

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The chairman of the House Committee on Appropriations has opposed the proposal to close down all Philippine Offshore Gaming Operations (POGO) in the country, saying it will only create an entire underground sector...

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Administration Sen. Christopher Lawrence “Bong” Go affirmed full support for the nominations of Department of Foreign Affairs (DFA) envoys and Armed Forces officers’ promotions, paving the way for the nominees’ confirmation Wednesday by the Commission on Appointments...

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The country remains on track to attain its target to register 99.5 percent of the population in the Civil Registry System by 2024, according to the Philippine Statistics Authority (PSA)...

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The Commission on Human Rights (CHR) joined the country in marking the 50th anniversary of martial law, which was attended by protests all over the country...

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The silence, though expected, was still deafening. Half a world away in New York City, President Ferdinand Marcos Jr. had no words to say to commemorate the 50th anniversary of his late father’s declaration of martial law, an occasion of painful, clamorous remembrance for those who survived or lost loved ones to the atrocities and human rights abuses...

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Illegal Philippine offshore gaming operator (POGO) workers will be summarily deported, Justice Secretary Jesus Crispin Remulla said on Wednesday, pointing out that it was the “logical” move for the government...

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The Department of Justice (DOJ) is doing everything it can to complete its investigation of police accountability in the so-called Blood Sunday raids conducted in 2021 against activists in the Calabarzon Region, and the drug war operations conducted during the previous administration of Rodrigo Duterte...

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The Calabarzon Police Regional Office (PRO 4A) will beef up its visibility and patrols in the Masungi Georeserve in Baras near Tanay in Rizal, due to the continued of men from the Sinagtala Security Agency in the area...

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Filipino workers are confronting the same unjust conditions — low wages amid soaring prices of goods — that stoked civil unrest during the dictatorship of President Ferdinand Marcos Jr.’s late father, labor groups said on Wednesday as they marked the 50th anniversary of Ferdinand Marcos Sr.’s declaration of martial law...

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The Department of Finance (DoF) is working to get capital or funds for the government's various green and water security programs...

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The Department of Health (DOH) has called for the creation of a national action plan against the use of fossil fuel, which the country relies on for power generation, due to its detrimental effects to the respiratory health of the population...

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The Philippine government and the Moro Islamic Liberation Front will be signing an exit agreement after establishing a better Bangsamoro government throughout the implementation of all peace agreements...

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The Land Transportation Franchising and Regulatory Board (LTFRB) will open around 50 additional routes in Metro Manila to put more public utility vehicles on the road...

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Taxi operators are asking the Land Transportation Franchising and Regulatory Board (LTFRB) to allow the increase in the taxi flag-down rate to P60...

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The Department of Social Welfare and Development (DSWD) and the Public Attorney's Office (PAO) on Monday signed a supplemental memorandum of agreement that will provide free legal services to single parents...

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Additional funds are needed should the barangay and Sangguniang Kabataan (SK) elections be postponed for a year, the Commission on Elections (Comelec) said Wednesday...

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The Philippine economy may grow slower than initially expected as rising rates due to stubborn inflation and the peso’s continued depreciation could affect consumption, Moody’s Analytics said on Wednesday...

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Insurance, workforce education, enactment of more cybersecurity laws, and addressing obstacles to implementing the government’s existing policies are crucial for strengthening the Philippines’ defenses against cyberattacks, experts said...

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The Department of Budget and Management (DBM) has allocated P10 billion for the Rice Competitiveness Enhancement Fund (RCEF) and P1 billion for the assistance to farmers and fisherfolk in 2023...

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The Philippine peso closed at yet another record low, ending at 58:$1 on Wednesday hours ahead of the announcement of a United States Federal Reserve monetary policy decision that is widely expected to be another large increase in interest rates...

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The Department of Agriculture (DA) said it expects the supply of meat, fish and other foods to be sufficient for the year-end holidays...

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The Philippine Stock Exchange index (PSEi) plunged by 106.77 points, or 1.66 percent, on Wednesday to close at 6,341.69 as investors expect an aggressive policy rate hike from the US Federal Reserve (Fed) and Bangko Sentral ng Pilipinas (BSP)...

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The Department of Agriculture (DA) on Wednesday will buy the unsold garlic in Lubang, Occidental Mindoro for the upcoming planting season after the mayor of the municipality had reported that the farmers' harvests have been rotting because of lack of buyers...

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Output of hogs, cattle and chicken eggs rose in the second quarter, according to the Philippine Statistics Authority (PSA)...

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