‘Double effort’ needed on trade to ease China tensions, DTI says
TRADE needs to continue despite tensions with China over disputed waters to the west of the Philippines, a Trade department official said at a roadshow promoting the Canton Fair.
Chances of La Niña setting in by June now at 62% — DoST
THE Department of Science and Technology (DoST) said on Tuesday that the chance of La Niña taking over in June is now seen at...
Rice imports at mid-March exceed 1st quarter 2023 total
THE PHILIPPINES imported 886,963.11 metric tons (MT) of milled rice as of March 14, exceeding the first-quarter total for 2023, the Bureau of Plant...
ANZ raises PHL 2024 inflation forecast to 3.8%
PHILIPPINE headline inflation will likely average 3.8% in 2024, with a risk of exceeding the central bank’s 2-4% target this year, according to ANZ...
Power spot prices rise in early March
ELECTRICITY spot market prices rose in the first two weeks of March as the margin between supply and demand narrowed, the Independent Electricity Market...
Clark Dev’t Corp. remits P1.8-billion cash dividend to National Treasury
CLARK Development Corp. (CDC) said it remitted a record of P1.8 billion in dividends to the National Treasury for 2023.
In a statement, the CDC...
Spending on environmental protection drops 8.1% in 2023
SPENDING on environmental protection declined 8.1% in 2023, the Philippine Statistics Authority (PSA) reported on Tuesday.
The PSA’s Compendium of Philippine Environment Statistics (CPES) Component...
Development banks urged to invest more in power, transport infrastructure
MULTILATERAL lenders should make more investments in power and transport infrastructure to meet the United Nations’ sustainable development goals (SDGs), according to a report...
PHL eyes more agri, health collaboration with India — DFA
THE PHILIPPINES will pursue more collaboration with India in affordable healthcare and agriculture, thereby boosting trade between both countries this year, Department of Foreign...
European assistance sought in shipping modernization drive
THE Maritime Industry Authority (Marina) said it is seeking European assistance in implementing its shipping modernization plan.
“We are pursuing collaboration with foreign maritime administrations...
Recto proposal for 6% growth seen less likely to expand deficit
THE Development Budget Coordination Committee (DBCC) needs to adjust its growth and fiscal targets to lower the risk of a revenue shortfall that would...
Single-use plastics tax seen generating up to P34 billion
THE Department of Finance (DoF) said its proposal to impose excise taxes on single-use plastic bags could yield up to P33.856 billion in the...
