THE Philippine Amusement and Gaming Corp. (PAGCOR) said it is on track to shut down all Philippine Offshore Gaming Operators (POGO) by the end of the year. “You can expect…
Category:
Economy
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THE House of Representatives has approved on final reading a bill providing tax and duty exemptions on imported electric vehicles (EVs). House Bill No. 10960 received approval from 196 lawmakers,…
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THE Sugar Regulatory Administration (SRA) said the eruption of Mount Kanlaon on Negros Island has raised concerns about sugarcane yields in the current crop year. “If the farmers cannot push…
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THE Sugar Regulatory Administration (SRA) said on Tuesday that it supports an investigation after sugar producers reported that millers are offering them lower prices for their cane. SRA Administrator Pablo…
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THE increased use of credit is pointing to sustained financial strain on consumers, according to a study by TransUnion. “In the face of sustained financial pressure, consumers in the Philippines…
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THE Department of Energy (DoE) said its target date to begin full commercial operations of the renewable energy market (REM) is Dec. 26. In a circular dated Dec. 6, the…
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THE Philippine semiconductor industry has established itself as a key global player but remains weighed down by regulatory bottlenecks, the Organisation for Economic Cooperation and Development (OECD) said in a…
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THE Export Development Council (EDC) said it will downgrade the export targets for 2025 and beyond contained in the Philippine Export Development Plan (PEDP). “We are definitely revising it downward…
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THE Philippine Chamber of Agriculture and Food, Inc. (PCAFI) said that the government needs to fund more crops beyond rice, citing food sufficiency concerns. In a briefing on Monday, PCAFI…
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THE National Food Authority (NFA) said on Monday that it procured 123,561 metric tons (MT) of palay, or unmilled rice, in October, equivalent to 2.47 million sacks of 50 kilograms…