RAISING tariffs on imported rice will benefit importers that have already shipped in rice while discouraging future importers, potentially leaving consumers with more expensive rice, a government researcher said.

THE RESUMPTION of open-pit mining will ultimately require a “political” decision with the government weighing the need to protect the environment against the desire of mining companies to operate as efficiently as possible, mining regulators said.

THE Philippines is in the top 10 of potential investment destinations for Singapore businesses, the Department of Finance said.

THE rehabilitation of the Agus-Pulangi hydroelectric complex could take place beyond 2025, the National Power Corp. (Napocor or NPC) told a House committee.

THE House Committee on Banks and Financial Intermediaries on Tuesday called on the Bangko Sentral ng Pilipinas (BSP) to encourage banks to ease their requirements for opening accounts in order to include more rural residents and low-income people in the formal economy.

NEW YORK -- A group of 13 major oil companies charted out a plan on Monday to promote investments in carbon capture, use and storage (CCUS), ahead of a gathering in New York.

THE Philippines is “way behind” on intellectual property (IP) rights protections, a crucial consideration for investors deciding to put money in the country, the Geneva Network said in a report released to journalists Tuesday.

A LEGISLATOR on Tuesday called for the inclusion of the Department of Labor and Employment (DoLE) in a proposed task force to monitor digital currencies, since overseas Filipino workers (OFWs) use this channel to send remittances.

SANYA, CHINA/SINGAPORE -- China’s national offshore producer CNOOC Ltd. expects its major deepwater gas field Lingshui 17-2 in the South China Sea to start its first gas production at the end of 2021, a company executive said on Tuesday.

LONDON -- Saudi Arabia has restored more than 75% of crude output lost after attacks on its facilities and will return to full volumes by early next week, a source briefed on the latest developments told Reuters on Monday.

CHICKEN prices have risen in response to the outbreak of disease in the hog industry, though chicken raisers said they were wary of any attempts to ramp up production and imports in response to African Swine Fever (ASF) as that may worsen oversupply should ASF be resolved in short order.

THE Department of Trade and Industry (DTI) plans to establish economic zones for the start-up sector that will offer support for operating costs, capital, and digital infrastructure.