Cold storage hubs due for completion in Bicol, Mindoro, Taguig, Cabanatuan
The Department of Agriculture (DA) said four major cold storage facilities in various locations are due for completion next year.
The DA said cold storage...
LIMA Technology Center warehouse project starts construction with cost estimated at P950 million
Amplefield Malvar, Inc. has started building a P950-million warehouse complex at the LIMA Technology Center in Batangas, the Philippine Economic Zone Authority (PEZA) said.
PEZA...
BSP sees December inflation between 1.2% and 2.0%
PHILIPPINE INFLATION likely eased year on year in December as lower electricity prices may have offset costlier food items during the holiday season.
Congress ratifies 2026 national budget
CONGRESS on Monday ratified the bicameral conference committee report on the P6.793-trillion national budget for 2026, marking the end of contentious deliberations that unfolded against the backdrop of a multibillion-peso corruption scandal.
Peso, PSE index close lower on last trading day of 2025
PHILIPPINE financial markets closed lower on the last trading day of 2025 — a year that saw new record lows for the Philippine peso and an over-five-year low for the stock market amid a corruption scandal that hurt investor sentiment.
PHL tax system seen benefiting from AI audits, lower CTA fees
THE GOVERNMENT has been urged to harness artificial intelligence (AI) to overhaul the tax audit system and lower Court of Tax Appeals (CTA) filing fees.
PSE index closes lower on last-minute selling
THE MAIN INDEX ended lower on Monday — the last trading day of 2025 — on last-minute selling as investors positioned before the holiday...
124 projects added to PPP pipeline led by school-construction program
THE GOVERNMENT added 124 projects to its public-private partnership (PPP) pipeline since December 2024, bringing the total to 251, valued at P2.81 trillion.
In a...
P1.5B allocated for Basco port upgrades
THE Philippine Ports Authority (PPA) is investing nearly P1.5 billion to build a new port and upgrade existing facilities in Basco, Batanes.
In a bid...
PHL, UAE economic partnership deal set for signing in January
THE PHILIPPINES and the United Arab Emirates (UAE) are due to sign a Comprehensive Economic Partnership Agreement (CEPA) in January, the Department of Trade...
Rice retail price down, meat up in mid-December
THE retail price of rice declined year on year in mid-December, while meat and galunggong (round scad) prices increased, according to the Philippine Statistics Authority (PSA).
During...
Breeder sow distribution program to require 230,000 animals by 2028
THE Department of Agriculture (DA) said it will distribute more than 230,000 breeder sows until 2028 to rebuild the hog herd after the African...