Economy

By Adrian H. Halili, Reporter HOG production is expected to expand next year with farmers attracted by strong market prices, as their risks are increasingly mitigated by the impending African…

“Iknow the path that must be chosen, but this is bigger than before.” This lyric from Moana 2’s original soundtrack “Beyond” perfectly captures Moana’s realization that her journey is more…

THE PHILIPPINES had the fourth-highest remittance levels among low- and middle-income countries (LMICs) this year, with inflows estimated at $40.2 billion, the World Bank said. The bank said its rankings…

THE Department of Finance’s (DoF) proposed changes to the Senate’s version of the capital markets reform bill could bring in additional revenue of P300 billion by 2030, Finance Secretary Ralph…

THE Philippine Economic Zone Authority (PEZA) said it is looking to nearly double the number of new economic zone (ecozone) proclamations to 30 next year. In a briefing, PEZA Director-General…

THE Department of Energy (DoE) said it accredited three industry associations as authorized training organizations for qualified service persons (QSPs) in the liquefied petroleum gas (LPG) industry. In a statement…

THE Asian Development Bank (ADB) approved two funding packages totaling $501 million for the Philippines to support better job quality and infrastructure project planning. Last week, the bank approved the…

IN BRIEF: • Financial controllers need to step beyond compliance to create value and remain indispensable copilots to CFOs in driving organizational innovation and growth. • AI adoption enhances controller…

THE Department of Finance (DoF) said it expects more foreign investment pledges to materialize next year following the signing of the Corporate Recovery and Tax Incentives for Enterprises to Maximize…

THE Department of Energy (DoE) said it endorsed six new and existing power projects with a combined capacity of 440 megawatts (MW) to the Energy Regulatory Commission (ERC) in November.…