Increased spending to drive collections in Q4 — BIR

THE Bureau of Internal Revenue (BIR) said household consumption and government spending are expected to drive its collections over the remainder of the year. “Of...

Businesses say investors deterred by inconsistent PHL rules, policies

THE Philippines’ investment environment is less attractive than it can be due to “inconsistent” rules that change with every administration, businesses said. At the 49th...

Cebu province seeks challengers for unsolicited 150-MW solar project

CEBU province said it is inviting challengers to a consortium’s unsolicited proposal for a 150-megawatt (MW) solar power plant. In a statement, the province’s Economic...

Feed millers warn of higher meat, egg, fish prices

FEED MILLERS said the price of meat, eggs, and fish may rise further due to issues regarding the supply and quality of domestically grown...

Seaweed put forward as animal feed alternative

THE Department of Agriculture (DA) said it may encourage the use of processed seaweed as an alternative to corn-based animal feed, as a means...

USAID provides modernization funding for 9 PHL cities outside NCR

NINE CITIES outside Metro Manila will receive a total of P624 million from the US Agency for International Development (USAID) to help modernize their...

Health staff shortage will take ‘years’ to address via education system reforms

THE shortage of health professionals will take some time to resolve by expanding capacity in the education system and improving graduate quality, healthcare educators...

BoI sees P1-T investment approvals by end-Oct.

THE Board of Investments (BoI) said it expects the investment approvals for the year to hit P1 trillion before October ends.

Trade dep’t pursuing tie-ups in EV, energy-efficient ships

THE Department of Trade and Industry (DTI) said that it will be pursuing investment in electric vehicle (EV) technology and seek partnerships in building...

Rice price surge during holidays not expected, Agri dep’t says

THE Department of Agriculture (DA) said it does not expect rice prices to rise significantly during year-end holidays. Agriculture Undersecretary Mercedita A. Sombilla told reporters...

Sugar farmgate, retail prices still out of sync, planters say

SUGAR PLANTERS said farmgate prices remain weaker-than-expected and out of line with the relative strength of retail prices. In a statement, the Sugar Council, which...

Philippines to train workers for jobs in offshore wind industry

THE Department of Energy (DoE) said it entered into a partnership with the US Agency for International Development to prepare workers who will staff...