TODAY'S BUSINESS HEADLINES

PSE shareholders clear capital increase, transfer to BGC

Creation of high-quality jobs rests on private sector -- NEDA

Sarah Jessica Parker inaugurated 'illegally' built SM mall, BCDA says

Amid growing number of cancellations, CAB orders Cebu Pacific, PAL Express to reduce flights

Stock market seen to resume climb this week on return of bargain-hunters

PH, China work out quarantine measures as 170 containers of PH bananas enter China

InterAksyon.com means BUSINESS

MANILA, Philippines - China has already allowed the entry of 170 containers of Philippine Cavendish bananas, a move that was hailed by Malacañang as “progress” in the efforts to address the more stringent quarantine measures being imposed by Beijing.

Deputy presidential spokesperson Abigail Valte said the figure already includes the 40 containers that were earlier given the green light to enter China.

Valte said both countries are adhering to the quarantine measures they have drafted to ensure that all of Beijing’s phytosanitary requirements are met.

Before leaving the country, the Department of Agriculture has been tasked to double check all banana exports to China, Valte said.

Once the exports arrive in China, these will be subjected to a joint inspection to resolve quickly any phytosanitary issue.

 

Valte earlier said the government is studying possible short-term assistance

to banana growers and exporters, but did not elaborate on whether this

would be in the form of a financial package.

 

The Philippine Banana Growers and Exporters Association said it may not meet its export growth target this year due to the restrictions imposed by China.

 

Domestic banana growers and exporters said they had lost at least P1.44 billion since China imposed tighter restrictions more than two months ago, claiming that it had found pests in bananas from the Philippines.

 

 

InterAksyon.com means BUSINESS

BUSINESS NEWS  
OTHER BUSINESS STORIES  
OTHER NATIONAL STORIES  

Business PSE shareholders clear capital increase, transfer to BGC
Business Creation of high-quality jobs rests on private sector -- NEDA
Business Sarah Jessica Parker inaugurated 'illegally' built SM mall, BCDA says
Business Amid growing number of cancellations, CAB orders Cebu Pacific, PAL Express to reduce flights
Business Stock market seen to resume climb this week on return of bargain-hunters
National | Business EXCLUSIVE | Zest Air suspends flights to Taiwan
Business | National BIG WINNERS IN 2013 ELECTIONS | Networks GMA, ABS-CBN report advertising windfall
Business MINDANAO POWER CRISIS | US aid sought in sprucing up relic of Fil-Am relations
Business SEC warns public against new pyramiding scam
Business Real estate exposure of banks not yet worrisome, Tetangco says
Business Asean, 6 trade partners begin talks for FTA to rival US-led trans-Pacific initiative
Business DOF to push for higher public float requirement on listed firms
Business | National PNoy needs sweep of mid-term elections to avert 'lame duck' presidency, NY-based think tank says