Economy

THE Fertilizer and Pesticide Authority (FPA) said its oversight of biofertilizers will be “developmental,” easing the permit process to hasten their greater adoption. It said the new regulatory approach applies…

Philippine taxation has undergone significant changes with the enactment of several tax reforms in 2024. These reforms include the Ease of Paying Taxes Act (RA No. 11976), the Real Property…

THE Philippine Economic Zone Authority (PEZA) said pharmaceutical economic zones (pharma zones) must be built on sites with an area of at least 10,000 square meters (sq.m.) in major cities.…

THE Toll Regulatory Board (TRB) said it has set a target of up to three years to roll out barrierless toll plazas. “For barrierless, we are looking at a two…

By Beatriz Marie D. Cruz, Reporter PHILIPPINE universities must focus on integrating artificial intelligence (AI) in teaching to prevent the skills mismatch in the job market from worsening, according to…

RETAIL PRICE growth of general goods in the National Capital Region (NCR) eased in February, the Philippine Statistics Authority (PSA) reported. Citing preliminary data, the PSA said price growth in…

By Justine Irish D. Tabile, Reporter THE quality of physical infrastructure and policy will help determine how Philippine trade performs in the face of ongoing supply-chain diversification, a logistics company…

THE Department of Trade and Industry (DTI) said Meta Platforms, Inc. has agreed to help the Philippines monitor online marketplaces. “It is a key challenge for us to effectively remove…

THE PHILIPPINES and Palau have signed an agreement to manage their fisheries more sustainably, the Department of Agriculture (DA) said. The parties to the agreement — the Bureau of Fisheries…

HOUSEHOLD DEBT declined in 2021, reflecting reluctance to take on additional debt during the pandemic, the Bangko Sentral ng Pilipinas (BSP) reported. The BSP’s 2021 Consumer Finance Survey indicated that…