Typhoon Karding agricultural damage assessment continues to rise, now at P3.12B

DAMAGE to the agricultural sector due to Super Typhoon Karding, with international name Noru, has risen to P3.12 billion as of Monday, according to the latest bulletin by the Department of Agriculture (DA).   The volume of production loss was estimated at 158,117 metric tons (MT) with 170,762 hectares of farm lands and 108,594 farmers and […]

Farm damage from typhoon estimated at P2.02 billion

AGRICULTURAL damage caused by Typhoon Karding (international name: Noru) has hit P2.02 billion, the Department of Agriculture said. The storm damaged an estimated 150,693 hectares of farmland and affected over 91,944 farmers and fisherfolk, resulting in lost production of 117,663 metric tons. Damage and losses were reported in the Cordillera Administrative Region, Ilocos, the Cagayan […]

Mindanao agencies appeal significant slash in proposed budgets

GOVERNMENT AGENCIES involved in the development of Mindanao, the southern islands in the Philippines, on Wednesday asked the Senate for more funding as their proposed budgets for 2023 were slashed by more than 50%.  The Mindanao Development Authority (MinDA), which formulates and coordinates development plans, has been allocated P158.958 million under the 2023 National Expenditure […]

SNS Network Technology Posts 42.4% Rise in Net Profit for 2Q FY2023

IPOH, Malaysia, Sep 27, 2022 – (ACN Newswire via SEAPRWire.com) – SNS Network Technology Berhad (SNS), an ICT system and solutions provider, today announced that the Group registered a 19.7% rise in revenue to RM296.93 million for the second quarter ended 31 July 2022 (2Q FY2023) compared with RM248.16 million in the immediately preceding quarter […]

Agricultural damage from Super Typhoon Karding hits P1.29B with main rice growers affected

By Luisa Maria Jacinta C. Jocson, Reporter   THE RUNNING tally on agricultural damage from Super Typhoon Karding has climbed to P1.29 billion, according to the Department of Agriculture (DA), with major rice producing provinces among those affected by flooding.   Damage and losses were initially reported in the regions of Cordillera, Ilocos, Cagayan Valley, Central Luzon, […]

Editorial: Favor frugality

Vice President Sara Duterte must tell her allies in the House of Representatives to either not grant her office and the Department of Education (DepEd) a total of P650 million in confidential funds or reduce the funds significantly.Officials must be frugal and wise in spending public money these days.Duterte knows that the Philippine economy is […]

Funding for onion farmers at P100 million

THE Department of Agriculture (DA) said it has earmarked more than P100 million to help onion farmers acquire inputs and production facilities. Funding levels for the industry in 2022 so far include P47.48 million for seed, seedlings and fertilizer, P35.67 million for production and post-harvest facilities, irrigation network services, and farm production machinery and equipment, […]

Unemployment rate eases in July but underemployment rate climbs

THE Philippine Statistics Authority reported on Thursday there were fewer jobless Filipinos in July this year as the unemployment rate declined while the employment rate improved.However, the number of underemployed workers also rose.The PSA said the unemployment rate declined to 5.2 percent in July, which is equivalent to 2.6 million jobless Filipinos. This was an […]

Samaiden Group Posts 182% Jump in Full-Year Revenue

PETALING JAYA, Malaysia, Sep 2, 2022 – (ACN Newswire via SEAPRWire.com) – Samaiden Group Berhad, a renewable energy (RE) specialist principally involved in engineering, procurement, construction, and commissioning (EPCC) of solar photovoltaic (PV) systems and power plants today announced that for the fourth quarter ended 30 June 2022 (4Q FY2022), revenue increased 113.35% to RM53.68 […]

MeiDong Auto (1268.HK) Announces 2022 Interim Results; 7 Newly-acquired Porsche Stores Showed Promising Synergies; Interim Dividend of RMB0.0808 per Share

EQS Newswire / 30/08/2022 / 21:07 UTC+8   China MeiDong Auto Holdings Limited (Incorporated in the Cayman Islands with limited liabilities) (Stock code: 1268.HK)   Announces 2022 Interim Results Maintained High Operating Efficiency Despite Difficult Market Conditions 7 Newly-acquired Porsche Stores Showed Promising Synergies*   *   * Revenue Increased by 7.2% to RMB12,658.4 million Gross Profit […]