Economy

THE Energy Regulatory Commission (ERC) said it will order private distribution utilities (PDUs) to refund unspent fees collected during the regulatory rate reset process totaling P1.18 billion. In a statement…

By Adrian H. Halili, Reporter THE Department of Agriculture said on Wednesday that it is looking to enter into rice supply deals with Pakistan and India for volume of about…

THE Department of Agriculture (DA) said it accredited 34 Indian suppliers of buffalo meat (carabeef), authorizing them to continue shipping to the Philippines, though 13 located in Indian states with…

Christmas is a time for family reunions — a moment to celebrate traditions, revisit shared goals, and reflect on legacies. For those with family businesses, these gatherings often spark deeper…

THE INTERIM implementing rules and regulations (IRR) for the Corporate Recovery and Tax Incentives for Enterprises to Maximize Opportunities for Reinvigorating the Economy (CREATE MORE) Act were issued on Tuesday,…

By Adrian H. Halili, Reporter THE Department of Agriculture (DA) said it has initiated the process of drafting legislation proposing to restore the National Food Authority’s (NFA) power to intervene…

By Kenneth Christiane L. Basilio, Reporter THE House of Representatives on Tuesday approved on third and final reading its version of a measure setting the maximum length of land leases…

THE Bureau of Internal Revenue (BIR) said it is on track to meet its downgraded P2.85 trillion collection target this year. “As of November, the BIR is on track to…

INTERNATIONAL visitors to the Philippines totaled 5.65 million as of Dec. 15, according to the Department of Tourism (DoT), well behind the pace needed to achieve the 7.7 million target…

THE Philippine Economic Zone Authority (PEZA) said 27 economic zones (ecozones) have been proclaimed during the Marcos administration. “11 ecozones were proclaimed in 2023 (involving investment of) P3.538 billion. In…