Sugar import volumes set at 440,000 MT await approval
THE Sugar Regulatory Administration (SRA) said on Tuesday that it is waiting a “go signal” from President Ferdinand R. Marcos, Jr. to formally release...
IEMOP backs review of secondary price cap amid high fuel prices
THE Independent Electricity Market Operator of the Philippines (IEMOP) said the Energy Regulatory Commission (ERC) needs to review the secondary price cap as market...
Palace reviewing application to extend Malampaya service contract
THE Department of Energy (DoE) said on Tuesday that the Malampaya gas field concession, known as Service Contract 38, is currently under review by...
Onion farmers say millions worth of produce lost in cold storage
A FARMING cooperative from Bongabon, Nueva Ecija said it lost 128,000 bags of onions which were improperly stored, rendering the crop unsellable and possibly...
ECCP backs water council to ease path for PPP investment
THE European Chamber of Commerce of the Philippines (ECCP) said it supports the establishment of an advisory panel to the Water Resource Management Office...
Philippines still not free of H5N1 bird flu
THE Bureau of Animal Industry (BAI) said the Philippines is still subject to outbreaks of type H5N1 avian influenza, first detected in February 2022.
The...
Japan investment pledges expected to materialize within 2-3 years
MOST OF THE investment pledges extracted from Japan are expected to materialize within the next two or three years, the Department of Trade and...
House banking committee approves bill amending FIST law
A BILL proposing amendments to the Financial Institutions Strategic Transfer (FIST) Act of 2021 has cleared the House banking committee.
The committee approved House Bill...
Tariff Commission receives petition to lower tariffs on natural gypsum to zero
KNAUF GYPSUM Philippines, Inc. is seeking zero tariffs on imports of natural gypsum, an input used in the manufacture of construction materials, the Tariff...
P28.9-B fund to help LGUs build capacity for devolution
THE Department of Budget and Management (DBM) said the P28.9-billion Local Government Support Fund will be deployed for capacity-building projects ahead of the imminent...
PSALM offers co-ops 90 MW in uncommitted capacity
THE Power Sector Assets and Liabilities Management Corp. (PSALM) told a House committee that it can make available to Luzon electric cooperatives 90 megawatts...
PHL, EFTA partners working to improve trade deal utilization
THE Philippines said it and the European Free Trade Association (EFTA) are working to improve utilization of their free trade agreement (FTA), which were...