Agencies urged to directly procure rice ahead of farmer protest in QC
THE Department of Agrarian Reform (DAR) said it is asking government agencies and corporations to directly procure rice from farmers to support them during...
Customs seeks talks with AmCham, US Embassy over corruption issues
THE Bureau of Customs (BoC) said it is seeking a dialogue with the American Chamber of Commerce of the Philippines (AmCham) and the US...
P349 temporary safeguard duty imposed on imported cement
THE Department of Trade and Industry (DTI) said it will be imposing a temporary safeguard duty of P349 per metric ton on imported cement...
House approves P6.793-trillion budget bill on final reading
THE HOUSE of Representatives on Monday passed on final reading the proposed P6.793-trillion national budget for 2026, concluding 62 days of deliberations marked by heightened scrutiny over a widening corruption scandal involving flood control projects.
BSP seen to cut policy rate to 4% by 2026
THE Bangko Sentral ng Pilipinas (BSP) will likely deliver three more rate cuts until 2026 to support the economy amid an anticipated slowdown, Fitch Solutions’ unit BMI said.
Demonetizing large peso notes may harm economy, says BSP
DEMONETIZING P1,000 and P500 bills as an anti-money laundering measure may bring more harm than good to the economy, a top Bangko Sentral ng...
Meralco rates go up in October on higher generation charge
CUSTOMERS served by Manila Electric Co. (Meralco) will have to tighten their belts this month as the company hikes electricity rates due to higher costs of power purchased from suppliers.
Peso edges down on fresh tariff worries
THE PESO edged down against the dollar on Monday amid increased market volatility due to fresh tariff threats from the United States against China.
The...
PSEi ends higher as investors pick up bargains
THE MAIN INDEX rebounded slightly on Monday on bargain hunting following the market’s recent decline.
The Philippine Stock Exchange index (PSEi) rose by 0.24% or...
GOCC pay scheme under GCG review
THE Governance Commission for Government-Owned or -Controlled Corporations (GCG) said the new compensation framework guidelines for workers in state-run firms is currently undergoing final...
PHL close to concluding trade deals with EU, UAE
THE Department of Trade and Industry said on Monday that it is looking to finalize negotiations for free trade deals with the European Union...
PEZA in smart community tieup with FiberHome
THE Philippine Economic Zone Authority (PEZA) said it signed a partnership with FiberHome Phils., Inc. to develop smart and sustainable economic zones (ecozones).
“This partnership...