US expands funding for rail pre-feasibility study

THE US Trade and Development Agency (USTDA) has increased funding for the pre-feasibility study of the Subic-Clark-Manila-Batangas (SCMB) railway to $3.8 million, according to...

FDA expects speedier drug permit process

THE new Food and Drug Administration (FDA) application procedures are expected to reduce the drug permit process by as much as half, an official...

Rice prices retreat in mid-April

PRICES rose for most major agricultural commodities in mid-April except for rice, according to the Philippine Statistics Authority (PSA). A kilo of regular-milled rice posted...

Hyundai truck distributor sets 700-unit sales target

HARIPHIL ASIA Resources, Inc. (HARI), the Philippine distributor of Hyundai trucks and buses, said it hopes to sell 700 units this year, driven by...

DTI programs can address tariff impact — DBM

BUDGET Secretary Amenah F. Pangandaman said the Department of Trade and Industry (DTI) is sufficiently funded to support exporters affected by US tariffs. In an...

The CFO as a value architect: Long-term value in the ‘Age of And’

By Aris C. Malantic
In a world defined by complexity, uncertainty, and transformation, the role of the Chief Financial Officer (CFO) is being reinvented. No longer confined to the realm of compliance and financial stewardship, today’s CFOs are stepping forward as Value Architects — leaders who build and shape the future of organizations by integrating sustainability, harnessing the power of AI, and driving long-term strategic value.

US tariff deal expected to shift source markets for imports

ANY DEAL lowering tariffs between the US and the Philippines is not expected to flood the Philippines with imports, though the leading source countries for key commodities are likely to change, the Department of Agriculture (DA) said.

Philippines applying to join CPTPP this year

THE PHILIPPINES is set to submit its formal application to accede to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), a trade official...

PEZA eyes second pharma ecozone

THE Philippine Economic Zone Authority (PEZA) is looking to proclaim a second pharmaceutical economic zone (pharma zone) within the year. “Some people are vying from...

PPP Center calls for more smart city projects

THE Public-Private Partnership (PPP) Center said more smart city projects are needed, citing the need to incorporate advanced technology in key infrastructure projects. “There is...

Subsidized P20-per-kilo rice rolled out in Cebu

THE Department of Agriculture (DA) launched its P20-per-kilo subsidized rice program in Cebu City on Thursday. “Today, Labor Day, we fulfill a promise made three...

Gov’t cash utilization rate hits 99% in first quarter

THE cash utilization rate of government agencies hit 99% at the end of March, the Department of Budget and Management (DBM) said. The DBM reported that...