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Money Matters

Peso gains momentum vs $

MANILA – The Philippine peso improved against the dollar yesterday when it ended the week at 45.125 from 45.21 in the previous trading. A trader attributed this to US monetary officials’ concerns about the Greece debt crisis, which made markets fear for a delay in the expected increase in the ...

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DA encourages farmers to expand rice production

MATANAO, Davao del Sur – The establishment of the new state-of-the-art postharvest facility and technology of the Department of Agriculture (DA) regional office here has encouraged farmers in this town to further expand their rice production area. This was disclosed by Arthur Ramon of the Badagoy Irrigators Association as he ...

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Agri office reports minimal crop damage

ZAMBOANGA City – The City Agriculturist’s Office is providing assistance to farmers whose crops were damaged in last week’s inclement weather. City agriculturist Diosdado Palacat said approximately 1.5 hectares of rice with an estimated PhP60,000 worth were damaged in Barangay Manicahan, 20.10 kilometers east of City Hall during the spate ...

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South Cotabato inks deal with NDA

GENERAL Santos City – The provincial government of South Cotabato has linked up with the National Dairy Authority (NDA) for the upgrading starting this year of the province’s dairy stocks. Dr. Raul Teves, South Cotabato Animal Production and Processing Center chief, said the local government has availed of the NDA’s ...

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Aquino administration budget to boost economy

MANILA – The Department of Budget and Management (DBM) on Tuesday said  they are gearing up for the government’s 2016 spending plan, which is double the Aquino administration’s P1.541-trillion budget in 2010, following the approval of the P3.002-trillion proposed national budget by President Benigno S. Aquino III and the members ...

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Peso almost unchanged vs. USD

MANILA – The Philippine peso had little or no changed to greenback on Wednesday as European leaders discuss how to deal with Greece’s debt situation. It ended the day at 45.16 from 45.17 yesterday. A trader said markets stayed at the sidelines awaiting for the decision of EU leaders on ...

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