Articles in the category Business (106)

A looming fish shortage in the country is inevitable if the presence of Chinese militia remains in the traditional fishing grounds in the West Philippine Sea, Senator Francis “Kiko” Pangilinan said on Sunday. Pangilinan said the government should not allow a fish shortage to happen as this will surely raise fish prices in the end.
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Published on 18/04/2021 by Puerto Parrot
Categories: Business, Environment, Politics
Tags: China, fish, fishermen, Pangilinan, shortage
President Rodrigo Duterte has lifted a ban on issuing licenses for new mining operations in the Philippines, marking an about-face from a previous anti-mining stance that saw him ban open-pit mining in 2017 and close or suspend 26 mining operations for environmental violations.
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A utility cryptocurrency coin developed by a Filipino-controlled financial technology (fintech) company Smart Asset Management Digital Technology, has successfully launched in global exchange Probit. With the listing of SAM Koin in Probit, holders of the crypto coin can trade, buy or sell the virtual currency or even redeem to gain additional income.
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Published on 07/04/2021 by Puerto Parrot
Categories: Business, News and Events, Technology
Tags: coin, finance, SAMK
Cruise ships, just like airlines, are down these days because of the pandemic. People around the world are not travelling because of the strict requirements at airports about visitors possibly carrying the coronavirus. We remember only too well that our first two COVID cases in the Philippines were a visiting Chinese couple in early 2020.
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Published on 12/03/2021 by Puerto Parrot
Categories: Business, Recreation, Travel
Nearly a year since the lockdown has been imposed, a women’s research center said the number of economically-insecure Filipino women has climbed by 3.5 million, following the loss of jobs, absence of due social protection, and the continuing neoliberal policies that have long been detrimental to the poor even before the pandemic.
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Published on 02/03/2021 by Puerto Parrot
Categories: Business, News and Events, People, Society
Tags: COVID-19, poverty, women
The Department of Environment and Natural Resources (DENR) has suspended the quarrying and crushing plant permits of 11 companies in Rizal. During the hearing of the Senate Committee on Environment, Natural Resources and Climate Change on Thursday, DENR Secretary Roy Cimatu enumerated the firms whose Mineral Production Sharing Agreements (MPSA) have been suspended.
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Published on 08/12/2020 by Puerto Parrot
Categories: Business, Environment, Legal
Tags: environment, Marikina, mining, river, Rizal
International shipping lines balk at paying an extra P5.4 billion as the Philippine Ports Authority (PPA) seeks to impose never-before-assessed arrastre rates on empty containers. The Association of International Shipping Lines (AISL) opposed PPA’s imposition of arrastre charges on empty containers at the Manila and the Batangas ports. Should the PPA follow through with the charges, shippers only have two viable options, both disagreeable, in order to recover the additional cost being slapped.
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Published on 23/10/2020 by Puerto Parrot
Categories: Business, Legal, News and Events