Philippines freezes pork imports from Taiwan following ASF outbreak
THE Department of Agriculture (DA) said it has temporarily banned imports of live pigs, pork meat, pig skin, and other pork-derived products from Taiwan...
Agri dep’t launches infra monitoring office
THE Department of Agriculture (DA) said it established a compliance unit to oversee its newly assumed infrastructure responsibilities, particularly for farm-to-market roads (FMRs), which...
PHL, Hungary wrap up joint commission meetings
THE PHILIPPINES and Hungary recently concluded the 7th Session of the Joint Commission on Economic Cooperation (JCEC) in Budapest, the Department of Trade and...
Dollar reserves rise to 13-month high
THE Philippines’ gross international reserves (GIR) soared to its highest level in over a year as the central bank’s gold holdings reached a record high at the end of November.
ADB likely to trim Philippine growth forecasts
THE ASIAN Development Bank (ADB) is likely to downgrade its Philippine gross domestic product (GDP) growth forecasts for this year and next year, as...
NG debt service bill drops sharply in October
THE NATIONAL Government’s (NG) debt service bill fell sharply in October on lower amortization payments, the Bureau of the Treasury said.
Latest data from the...
Peso may be range-bound as market eyes Fed, BSP reviews
THE PESO is expected to move sideways against the dollar this week ahead of expected rate cuts by both the US Federal Reserve and...
Stocks rebound on slower-than-expected CPI
PHILIPPINE STOCKS rose on Friday to return to the 5,900 level as slower-than-expected November inflation helped improve market sentiment.
The Philippine Stock Exchange index (PSEi)...
Palawan petroleum service contract forwarded to Palace for awarding
THE DEPARTMENT of Energy (DoE) has endorsed a petroleum exploration service contract to the Office of the President for awarding, involving a potential resource...
Import volumes down 3.9% in November — BoC
THE BUREAU of Customs (BoC) said import volumes fell 3.9% in November, while collections in the first 11 months reached P859.85 billion.
Customs Commissioner Ariel...
Rural electrification rate seen at 94% by end-2026
STATE-RUN National Electrification Administration (NEA) said it is hoping to energize 94% of rural households by the end of 2026 with the availability of...
Exporters warn of industry closures, seek more government funding
THE PHILIPPINE Exporters Confederation, Inc. (Philexport) said urgent government intervention is needed as more of its members shut down, citing the absence of financing.
“Philexport...