Budget release rate hits 67.6% in March
THE Department of Budget and Management (DBM) said it had released 67.6% of the 2026 national budget by the end of the first quarter.
According...
Energy crisis highlights urgency of nuclear transition — legislator
ADVOCATES of nuclear power said the Philippine vulnerability to disruptions of Middle East energy adds to the urgency of pursuing nuclear energy.
“For decades, we...
Low farmgate prices in 2025 seen behind decline in Q1 palay output
LOW FARMGATE PRICES in late 2025 gave farmers little incentive to plant, likely leading to a decline in first-quarter output of palay (unmilled rice), analysts said.
“The palay harvested...
Agri credit council announces freeze on farmer, fisherfolk loan payments
THE Agricultural Credit Policy Council (ACPC) said it will stop collecting loan payments from farmers and fisherfolk for one year, citing the need to...
SIPP draft approved by FIRB
THE Fiscal Incentives Review Board (FIRB) said it approved the revised Strategic Investment Priority Plan (SIPP), which removes several activities from the list of...
Exporters support suspension of excise tax and VAT on fuel
THE Philippine Exporters Confederation, Inc. (Philexport) said it supports the suspension of excise tax and value-added tax (VAT) on fuel, noting that the measure...
BIR March collections top P198 billion, up 11.87%
THE Bureau of Internal Revenue (BIR) said gross collections hit P198.755 billion in March, up 11.87% from a year earlier.
“Our March 2026 collection performance...
Maharlika says talks ongoing for petroleum storage project
THE MAHARLIKA Investment Corp. (MIC) said it is in talks with the government to finance a fuel storage facility, and is working to provide working capital to fuel importers to address their ability to maintain adequate inventory.
Distribution starts for P10 billion in cash aid for farmers, fisherfolk
THE Department of Agriculture (DA) said it will start distributing this week a P10-billion cash assistance package for farmers and fisherfolk, citing the need...
NFA to auction older rice stocks in May
THE National Food Authority (NFA) said its council has approved for auction up to 62,890 metric tons (MT) of ageing rice stocks this year,...
PEZA registers P370‑million manufacturer of solar modules targeting European markets
THE Philippine Economic Zone Authority (PEZA) said it approved a P370‑million investment by a renewable energy manufacturer seeking to produce solar photovoltaic modules at...
Switzerland bats for easing of regulations for pharma imports
SWITZERLAND is seeking reforms to ease the process of importing pharmaceuticals into the Philippines, citing the need to expand Swiss firms’ product offerings.