New offshore Bicol exploration area to be offered to bidders
The Department of Energy (DoE) is sounding out potential bidders for a service contract allowing to explore for potential offshore petroleum resources in the...
PHL wholesale price growth accelerates to 1.7% in Feb.
Price growth in wholesale goods accelerated to a two-month high in February, driven by stronger growth in the index of chemicals including animal and...
Worst-case food price scenario deemed unlikely by Agri dep’t
THE Department of Agriculture (DA) said on Tuesday that the worst-case scenario for food prices of a 20%-60% rise is unlikely because it expects...
Emergency declaration risked signaling ‘distress’ to markets — ex-central banker
THE government could have held off before calling an energy emergency, with the Palace acting before the legal conditions were met for making such...
Availability of renewables seen driving data center investment interest — DICT
THE Department of Information and Communications Technology (DICT) said the availability of renewable energy will loom large in the investment criteria of data-center companies...
Prices of some basic goods to rise after mid-April
THE price of some basic goods could increase after April 16, the Department of Trade and Industry said after conducting a round of consultations...
MARINA allows up to 30% rise in fares, cargo charges
BOAT FARES and ship cargo rates have been allowed to rise as much as 30%, the industry’s regulator, the Maritime Industry Authority (MARINA), said.
In...
Taiwan electric bus manufacturer considering PHL operations — PEZA
THE Philippine Economic Zone Authority (PEZA) said a maker of electric buses from Taiwan is considering a $25-million manufacturing investment in the Philippines.
In a...
PHL rice imports seen rising to 5.1 million MT
PHILIPPINE rice imports are projected to exceed five million metric tons (MMT) in marketing year (MY) 2026-2027, the US Department of Agriculture (USDA) said.
The...
PPP under study for CLLEX O&M contract
THE Department of Public Works and Highways (DPWH) is seeking to tap the private sector for the operations and maintenance (O&M) of the Central...
Rice, fish prices up, meat down in mid-March
THE retail prices of rice and fish increased year on year at mid-March, while meat prices declined, according to the Philippine Statistics Authority (PSA).
During...
Coconut oil exports fall 5.8% in Feb. on weak output
COCONUT OIL exports in February declined 5.8%, the Philippine Statistics Authority (PSA) reported, with an industry official citing raw material availability issues that weighed...