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FedEx pledges US$1 M in disaster relief support

MANILA, Philippines – FedEx Corp. (FDX), parent company of FedEx Express, committed US$1 million in cash and in-kind transportation to support earthquake and tsunami relief efforts in Japan. Long-standing relationships with humanitarian organizations will allow FedEx to lend transportation and logistics expertise to support several agencies in their vital relief work following the devastation. These [...]

Qantas raises domestic fares second time

SYDNEY (Dow Jones) – Qantas Airways Ltd. has for a second time this year increased ticket prices on domestic routes and trips to New Zealand as unrest in the Middle East continues to push up the price of oil. The move to claw back rising fuel costs was embraced by investors, who shrugged off Wednesday’s [...]

Passenger traffic at local ports running 16.5% higher

MANILA, Philippines – The Philippine Ports Authority (PPA) has reported a 16.5 percent increase in total passenger traffic to 38.02 million in the first nine months of 2010. Since the start of the ferry operations of Supercraft-25 under the Supercat Fast Ferry Corp. calling at the terminal port of Orion in Bataan in April last [...]

AGRI: Updates on developments

MANILA, Philippines — On April 4, Pioneer Hi-Bred will inaugurate its P1-billion Tarlac Production Plant at the Luisita Industrial Park. The facility will be able to process more than 12,000 metric tons of corn and rice seeds at full capacity for drying, conditioning, packaging and warehousing.The modern facility will require more than 7,000 hectares for [...]

Irrigation increases upland rice yields

TARLAC, Philippines — Rainfed rice farmers in Tarlac are achieving higher yields as they now have a more dependable source of irrigation water. Farmers in La Paz town who participated in the Farmers Field School (FFS) have harvested 4.8 tons per hectare, equivalent to 230 percent yield increase. This was reported to the Food and [...]