DBM says budget release rate hits 86%

AROUND 86% of the 2024 national budget had been released by the end of April, the Department of Budget and Management (DBM) said. In its...

Climate resilience: Innovation in Philippine business

By Bonar A. Laureto
Due to escalating climate challenges, Philippine businesses must redefine resilience by navigating risks and capitalizing on emerging opportunities.

Metro Manila’s construction material retail price growth quickens in April

RETAIL PRICE growth of construction materials in the National Capital Region (NCR) accelerated to three-month high in April, the Philippine Statistics Authority (PSA) reported...

NEDA: Legislated wages could hurt small firms, stoke inflation

PROPOSALS to legislate wage increases could stoke inflation and hurt small companies, the National Economic and Development Authority (NEDA) said on Thursday. “We are trying...

Farm goods, e-motorcycles, hybrids subject to tariff review

THE GOVERNMENT is reviewing the tariff regime for farm commodities, and studying whether to extend an offering of incentives to importers of electric motorcycles...

DTI asks manufacturers, retailers to accept ‘voluntary’ prize freeze

LEADING manufacturers and retailers have been pitched on adopting a “voluntary” price freeze, with the Department of Trade and Industry (DTI) calling on them...

President pushing overhaul of coco dev’t fund — PSAC

THE Private Sector Advisory Council’s (PSAC) agriculture group said that President Ferdinand R. Marcos, Jr. is calling for an overhaul of the trust fund...

PPP Center studying EDSA busway privatization proposal

THE Department of Transportation (DoTr) said the Public-Private Partnership (PPP) Center is now evaluating the proposal it received for the privatization of the EDSA...

Philippine renewable share lags 30% global average

THE PHILIPPINES generated 22% of its power from renewables in 2023, lagging the global average of 30%, according to think tank Ember. “The Philippines has...

Campaign launched to address skills mismatch, low job quality

A PRIVATE sector-led and government-supported national campaign was launched on Thursday to help create quality jobs and address jobs and skills mismatches following the...

Foreign chambers call for swift passage of Konektadong Pinoy bill

THE Joint Foreign Chambers of the Philippines (JFC) on Thursday called for the passage of the Konektadong Pinoy bill to help bridge the digital...

NCR wholesale building materials price growth slows further in April

PRICE GROWTH of bulk construction materials in the National Capital Region (NCR) eased further in April, the Philippine Statistics Authority (PSA) reported on Thursday. Citing...