DBM says almost P800-B projects in 2025 GAA require SARO issuance before fund release

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DBM says almost P800-B projects in 2025 GAA require SARO issuance before fund release;  German biz confidence in PH improves; investment, jobs outlook better;  D.A. monitoring possible smuggling, price manipulation on agri products;  PH imposes tempora2ry bird import ban from New Zealand  For more news, visit:  ►https://www.ptvnews.ph/  Subscribe to our DailyMotion Channel: ►http://www.dailymotion.com/peoples-television-incorporated  Subscribe to our YouTube channel: ►http://www.youtube.com/ptvphilippines  Like our Facebook pages: ►PTV: http://facebook.com/PTVph  ►Rise and Shine Pilipinas: https://www.facebook.com/riseandshinepilipinas  Follow us on Twitter:  ►http://twitter.com/PTVph  Follow us on Instagram: ►https://www.instagram.com/ptvph  Watch our livestream on:  ►http://ptvnews.ph/livestream/ ►https://www.dailymotion.com/PTVPhilippines  Watch our News Programs, every Mondays to Fridays  Rise and Shine Pilipinas - 6:00 - 7:00 am | 7:30 - 8:00 am Balitang Pambansa - 7:00 - 7:30 am | 12:00 - 12:30 pm | 6:00 - 6:30pm | 9:30 - 10:00 pm PTV Sports - 8:00 - 9:00 am Bagong Pilipinas Ngayon - 12:30 - 1:00 pm Sentro Balita - 1:00 pm - 2:00 pm Ulat Bayan - 6:30 pm - 7:00 pm PTV News Tonight -  10:00 pm - 10:30 pm  Saturday & Sunday: ►Sentro Balita Weekend - 1:30 - 2:00 pm ►Ulat Bayan Weekend - 6:15 pm - 7:00 pm

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00:00The Department of Agriculture or DA is actively focusing on potential smuggling and price

00:05manipulation in agricultural products and implementing a temporary ban on bird imports

00:11from New Zealand following an avian influenza outbreak. These and other stories in tonight's

00:17business news wrap up by Kate Renya. The Department of Budget and Management or

00:24DBM announced that all congressional insertions in the 2025 General Appropriations Act or

00:29GAA will need a special allotment release order before funds can be released. According

00:35to the agency, this measure adds a layer of protection against budget misuse, ensuring

00:40that increases or new items introduced by Congress aligned with government cash programming

00:45adhere to fiscal management, receive presidential approval, and comply with budgetary regulations.

00:52The German Philippine Chamber of Commerce and Industry or GPCCI reported that business

00:58optimism regarding Berlin-Manila economic ties has improved as reflected in the Fall 2024 AHK

01:05World Business Outlook Survey. The survey revealed a rise in positive business condition outlook,

01:11increasing to 58% from 50% in the Spring 2024 report. GPCCI attributed this improvement

01:18to enhanced investment in hiring plans in the country, which climbed to 55% and 44% respectively.

01:26The Department of Agriculture continues to focus on potential smuggling and price

01:30manipulation, particularly in agricultural products. This comes amid the rising tomato

01:35prices in some markets in Metro Manila. According to DA Spokesperson Assistant Secretary Arnel

01:41De Mesa, this could be a case of profiteering since most tomatoes are locally produced.

01:46However, De Mesa explained that based on the reports they received, the high prices may

01:50persist until the end of January. Additionally, a command center will be established by March

01:55for a national database together with regulatory agencies such as B4, BAI, BPI, and others to

02:02properly study when and how much to import in order to avoid both shortage and excess supply.

02:09The Department of Agriculture has imposed a temporary ban in the importation of both

02:13domestic and wild birds from New Zealand due to reports of an avian influenza outbreak.

02:19Secretary Francisco Chu Laurel Jr. stated that the ban, which includes domestic and wild birds,

02:25eggs, day-old chicks, human, and poultry meat, is essential to prevent the spread of highly

02:29pathogenic avian influenza into the country and protect the health of the local poultry industry.

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