Finance market

, Laguna: University of the Philippines Los Baños (UPLB)’s lone summa cum laude graduate underscored the role of agriculturists in in search of methods to ensure meals security in his valedictory message all through the 45th UPLB Commencement Exercises. Arnel Villancio Jr., who received his Bachelor of Science in Agriculture degree and hails from Antipolo, Rizal, said farmers, not agriculturists, feed the sector, however confused that “the obligation of agriculturists is to continuously find approaches for the arena to feed itself.” Dr. Gil Saguiguit Jr., director of the UPLB-based totally Southeast Asian Regional Center for Graduate Study and Research in Agriculture (SEARCA), affirmed Villancio’s view of agriculture. Saguiguit referred to agriculture has advanced from the old idea of ox-and-plow farming to a dynamic discipline that employs modern technology and enterprise practices, and is one of the maximum important sectors inside the economic system. He stated the 27 UPLB graduate...

For the primary sector of this yr, the agency published a internet earnings of P282 million, eleven percent better than its profits inside the equal duration remaining 12 months. Revenues had been up 35 percent from a year ago at P8.7 billion, pushed by way of a 39 percent boom in fuel sales. The company has finished 515 Phoenix retail carrier stations as of the first sector, with more stations being constructed and set to be opened this yr. Last month, the business enterprise announced it plans to acquire the liquefied petroleum fuel (LPG) enterprise of Malaysian oil and gasoline organization Petronas Dagangan Berhad (PDB) within the Philippines. Phoenix Petroleum said in March this yr that it plans to spend P10 billion over the subsequent three years for growth, which includes possible acquisitions, to ramp up their aggressive boom plans. Phoenix also keeps to accumulate new direct accounts to develop its industrial enterprise portfolio, which include power, delivery, construction, ...