Economy

CYBERSECURITY SOLUTIONS company Check Point Software Technologies Ltd. said on Wednesday that in the last six months, organizations in the Philippines experienced an average of 4,003 attacks per week, well…

SWEDISH FIRMS cited regulatory challenges and foreign ownership restrictions as among the obstacles they face when investing in the Philippines. On Thursday, Business Sweden and the Swedish Embassy presented the…

LEGISLATORS need to consider reinstating the National Food Authority’s (NFA) market regulatory functions as a means of making rice cheaper, Agriculture Secretary Francisco P. Tiu Laurel, Jr. said on Wednesday.…

PHILIPPINE rice imports amounted to 4.35 million metric tons (MMT) as of early December, the Bureau of Plant Industry (BPI) said. According to the BPI, rice imports as of Dec.…

THE Asian Development Bank (ADB) approved a $500-million loan to help the Philippines carry out its public financial management (PFM) reform program. In a statement on Tuesday, the Public Financial…

TOYOTA MOTOR Philippines Foundation (TMPF) said it is donating P3 million to the Department of Environment and Natural Resources (DENR) for the latter’s Philippine Tamaraw (dwarf buffalo) conservation program. In…

THE Sugar Regulatory Administration (SRA) said it plans to charge higher import clearance fees for alternative sweeteners before the end of the year. “We are actually pushing for it to…

WEAKER-THAN-EXPECTED growth could cause the National Government (NG) to miss its revenue goals, the Cabinet-level Development Budget Coordination Committee (DBCC) said. “Adverse deviations from the NG’s baseline growth targets continue…

THE Bureau of Animal Industry (BAI) said on Wednesday that farmed ducks in Talisay, Camarines Norte tested positive for Highly Pathogenic Avian Influenza (HPAI) Type A, Subtype H5N2. “This is…

MICRO, SMALL and medium enterprises (MSMEs) need support to remain on a growth track as they deal with a more stringent regulatory environment for online selling, Shopee Philippines said. Shopee…