Philippines' Animal Competitiveness Enhancement Fund Delayed to 2028
The Philippines' Department of Agriculture (DA) announced a delay in the rollout of the P20-billion Animal Competitiveness Enhancement Fund (AnCEF) from next year to 2028. This postponement is due to the need to comply with new General Appropriations Act (GAA) rules, requiring organizational charts, staffing plans, and approval from the Department of Budget and Management.
This article requires PRO
This article is outside the free access window or is a special report. PRO unlocks it and the full archive.
Related articles
- Solon backs call to scrap limits on motorcycle taxis
A Philippine congressman has backed a proposal to remove limits on motorcycle taxi operations, arguing the regulations are out of sync with urban transit demand. The call echoes a similar suggestion from the Transportation Secretary, signaling a potential shift in policy.
- BSP Rate Hike Primarily for Inflation, Not Peso Defense: GlobalSource
GlobalSource Partners analysts suggest the Bangko Sentral ng Pilipinas' recent rate hike should prioritize inflation control over defending the peso, emphasizing that price stability is the primary goal of monetary policy.
- Petron Profit Halves in 9 Months Amid Soaring Fuel Costs
Petron Corp., the Philippines' largest oil company, reported a 44% drop in net income to P5.4 billion for the January-September period, primarily due to rising fuel costs and geopolitical tensions impacting operational expenses.
- PEZA Bullish on Record-High Investment Approvals Amid Strong Momentum
The Philippine Economic Zone Authority (PEZA) anticipates surpassing its 2012 record for investment approvals, with projections reaching P320 billion by year-end. This follows the agency exceeding its annual target, signaling strong economic momentum and optimism for continued growth.