THE Maharlika Investment Corp. (MIC) said it is considering investing in five projects of the Bases Conversion and Development Authority (BCDA). On Monday, the MIC and BCDA signed a partnership…
Economy
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THE Maharlika Investment Corp. (MIC) has signed a memorandum of agreement (MoA) with Occidental and Oriental Mindoro provinces, as well as with their respective power cooperatives, to conduct studies on…
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THE National Water Resources Board (NWRB) of the Department of Environment and Natural Resources said they agreed on a full allocation of water from Angat Dam for irrigation ahead of…
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EconomyEditor's Pick
Budget funding sought for food imports to serve as price stabilization ‘buffer’
THE Department of Agriculture (DA) asked legislators on Monday for a P513-billion budget to import farm products that it plans to tap as a reserve to bring under control the…
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PHILIPPINE meat imports declined 16% in 2023 in the face of higher domestic production, according to the Food and Agriculture Organization (FAO), an agency of the United Nations. In a…
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THE Philippines and other Southeast Asian markets are being targeted by startups from Taiwan for expansion, according to the head of Taiwan’s startup branding organization. Amanda Liu, founder and managing…
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AJINOMOTO Philippines Corp. is hoping to run its Cebu plant on 100% renewable energy by 2025 to achieve energy savings and reduce carbon emissions as it expands production in the…
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EconomyEditor's Pick
Easing of food import process must come with lower farm production costs — analysts
THE GOVERNMENT must lower production costs for farmers, who face increased competition from imports with the streamlining of the import process, analysts said. “It is clear that our domestic prices…
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THE recently passed Ease of Paying Taxes (EoPT) law is expected to help the government improve its revenue performance by streamlining tax compliance, the Department of Finance (DoF) said. “Hopefully,…
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The passage of the Ease of Paying Taxes (EoPT) Act, or Republic Act No. 11976, sparked hope among taxpayers, who envisioned a smoother journey in navigating tax-related complexities. The Bureau…
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