GOCC subsidies decline 23.4% in Jan.
SUBSIDIES granted to state-run firms declined to P3.357 billion in January, the Bureau of the Treasury (BTr) said, led by lower subsidies to major...
Retail transactions expected to fall 2-3% as Iran fighting dents remittances, confidence
THE Philippine retail industry could see the number of transactions processed this year falling 2-3% in response to the fighting in Iran, with activity dampened by higher supply chain costs and weak consumer confidence, analysts said.
Navigating the new global norm in financial regulation
By Ruben D. Simon, Jr.
The global financial system is entering a period of intense structural change, driven by competing political priorities, technological disruption, and diverging regulatory philosophies.
Regional fertilizer sourcing to cut exposure to volatile Gulf supply
The Department of Agriculture (DA) said nearby countries are viable alternative sources of fuel-derived fertilizer that can reduce dependence on the Middle East.
In a...
PHL signs LPG deals with US, Canada, Mexico
The Philippines signed supply deals with the US, Canada, and Mexico for 66 million kilograms (kg) of liquefied petroleum gas (LPG), the LPG Marketers...
Manufacturers push for ‘buy local’ campaign
THE Federation of Philippine Industries (FPI) said supply chain disruptions and the weak peso make it necessary to pursue a “buy-local”approach to boost domestic...
Exporters welcome E-TRACC exemption
The Philippine Exporters Confederation, Inc. (PHILEXPORT) said it welcomed the exemption of exporters from the Bureau of Customs (BoC) Electronic Tracking of Containerized Cargo (E-TRACC)...
BoC exceeds March collection target
The Bureau of Customs said Wednesday that it collected P84.43 billion in March, exceeding the P83.24-billion collection target set for it by 1.4% during...
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...