Approved building permits rise 3.4% in March
APPROVED building permits rose 3.4% in March, arresting a run of three straight months of declines, the Philippine Statistics Authority (PSA) reported on Tuesday.
The...
Guimaras mangoes to be made available by post
THE Department of Trade and Industry (DTI) said it signed a partnership with the Philippine Postal Corp. (PHLPost) for a program that will allow...
Sugar production exceeds 1.782-MMT initial forecast
SUGAR PRODUCTION for crop year 2024-2025 is now expected to come in at 1.837 million metric tons (MMT), with output so far having already exceeded the initial forecast of 1.782 MMT, according to the Sugar Regulatory Administration (SRA).
NFA to add 200,000 MT in rice storage capacity
THE National Food Authority (NFA) said it will augment its storage capacity for rice by 200,000 metric tons (MT) within two years to enable...
Sari-sari store spending drops in 2024; monthly visits become more frequent
MONTHLY SPENDING in small mom-and-pop stores, known as sari-sari stores, fell to P689 in 2024, from the 2023 average of P781, according to tech...
Congress urged to cap spending via budget modernization bill
LEGISLATORS need to pass a budget reform bill that will compel the government to spend responsibly in the face of a deteriorating national debt position, a Congressional think tank said.
DTI warns against turning away from multilateral trading system
THE Department of Trade and Industry (DTI) said it is concerned about the potential for increased trade costs brought about by disruptions to long-established...
Clarifications on VAT on digital services
By Eleanor Lucas Roque
On May 8, the BIR issued Revenue Memorandum Circular (RMC) No. 47-2025 clarifying some issues regarding the value-added tax (VAT) on digital services imposed...
US tariffs seen making PHL a target for dumped goods
THE GOVERNMENT needs to be ready to protect and support Philippine industries should the Trump tariffs trigger a wave of dumping by foreign exporters...
Rice traders offering low prices for palay to be tracked by NFA
THE Department of Agriculture (DA) said it instructed the National Food Authority (NFA) to identify parts of the country where traders are purchasing palay...
Pork retail prices defy price caps in early May
PORK PRICES rose at retail in early May, according to the Philippine Statistics Authority (PSA), as sellers proved unable to sell the commodity within...
GOCC subsidies rise nearly 55% in March
SUBSIDIES extended to government-owned and -controlled corporations (GOCCs) rose 54.69% in March, according to the Bureau of the Treasury (BTr).
The BTr reported that budgetary...
