Economy

THE Department of Agriculture (DA) said it is expecting a further drop in the maximum suggested retail price (MSRP) of rice due to declining global rice prices and strengthening of…

THE Metropolitan Waterworks and Sewerage System (MWSS) said the water supply is expected to be adequate for the upcoming dry season. Compared to last year, water levels at Angat Dam…

By Kyle Aristophere T. Atienza, Reporter THE displacement of the Philippines by Vietnam as the top banana supplier to China reflects the Philippine banana industry’s declining competitiveness, as well as…

THE PHILIPPINES is set to sign in July a $1-billion loan agreement with the World Bank to support its sustainable agriculture transformation program. The Department of Agriculture (DA) issued the…

THE Philippine Ports Authority (PPA) said a construction company based in Ormoc City won the P704.55-million contract to build a new cruise terminal in Puerto Galera.  In a notice of…

THE Tariff Commission (TC) said on Tuesday that it launched formal proceedings to determine whether to impose safeguard duties on imports of ordinary Portland cement and blended cement from various…

STEELASIA Manufacturing Corp. said it commissioned its first solar rooftop photovoltaic (PV) system at its Meycauayan steel plant in Bulacan. “This solar project is a crucial step in reducing the…

EXPORTERS will have 18 months to comply with the European Union’s (EU) new packaging and came into force on Feb. 11, the Department of Trade and Industry (DTI) said. “Philippine…

THE Public-Private Partnership (PPP) Center and Ilocos Norte province signed an agreement to boost the province’s infrastructure and support its agriculture and technology industries. In a statement on Tuesday, the…

THE Bureau of Internal Revenue (BIR) has released revenue regulations (RR) to implement reduced corporate income tax rates and value-added tax (VAT) procedures for registered business enterprises under the Corporate…