NFA approves palay buying prices topping out at P30/kg
THE National Food Authority (NFA) Council said on Thursday that it approved buying prices for palay, or unmilled rice, that top out at P30...
Rice imports hit 1.18 million MT
THE PHILIPPINES imported 1.18 million metric tons (MT) of rice as of April 4, the Bureau of Plant Industry (BPI) reported.
The BPI said rice...
Weak evidence seen for liberal foreign ownership boosting FDI — economists
LIFTING foreign ownership restrictions does not necessarily lead to increased foreign direct investment (FDI) or boost economic growth, according to a discussion paper published...
Clark food hub feasibility plan due later this year
CLARK International Airport Corp. (CIAC) said it will update the feasibility studies within the year for a food trading hub in Clark City, and...
Tourism, creative industries named priorities in e-commerce dev’t plan
THE Department of Trade and Industry (DTI) said the E-Commerce Philippines 2024-2028 Roadmap will focus on growing the e-commerce ecosystem in the tourism, creative,...
DBP approves P3-B loan for Mandaue City Hall
THE Development Bank of the Philippines (DBP) has approved a P3-billion loan for the construction of a new Mandaue City Hall.
The building is expected...
Education, labor policy reforms seen needed for young PHL workforce
THE GOVERNMENT must enhance science education and review labor policies to suit the changing needs of the young workforce, analysts said.
PEZA projects 5% export growth for its locators
THE Philippine Economic Zone Authority (PEZA), whose locators account for more than half of the country’s exports, said that it is projecting export growth of 5% this year from companies it oversees, on the expected recovery of the electronics industry.
US, Japan infra coordination in PHL expected out of Washington summit
THE WASHINGTON, DC summit bringing together the leaders of the US, Japan and the Philippines is expected to result in more coordinated infrastructure investment...
DC trilaterals seen as opening to tap new investment
THE Department of Trade and Industry (DTI) said it is looking to explore new trade and investment opportunities at the Trilateral Economic Ministers Meeting...
World merchandise trade to rise 2.6% in 2024 — WTO
THE World Trade Organization (WTO) said that it projects world merchandise trade volume to grow 2.6% in 2024 and by 3.3% in 2025, with...
Exporters continue opposition to storage fee hikes at ports
THE Philippine Exporters Confederation, Inc. (Philexport) said its members continue to oppose the increase in storage fees imposed by the Philippine Ports Authority (PPA).
“We...
