Economy

THE Government Service Insurance System (GSIS) has set aside nearly P8.6 billion in emergency loans for members and pensioners in Luzon affected by typhoons. The loans are expected to benefit…

By Aubrey Rose A. Inosante, Reporter THE National Government’s (NG) budget deficit likely came in within the P1.52-trillion ceiling in 2024 as spending expected to have surged in December, analysts…

THE GOVERNMENT’S 2025 spending plan may not support the administration’s social and economic priorities as “budget politics” continues to affect allocations, GlobalSource Partners said. “These budget politics in the Philippines…

THE gross value added (GVA) of crops and livestock is expected to post modest growth this year with the La Niña producing above-normal rainfall, the University of Asia and the…

By Justine Irish D. Tabile, Reporter THE Philippine Economic Zone Authority (PEZA) said that it is ready to receive the initial 2,000 hectares of the Iwahig Prison Penal Farm early…

THE Department of Agriculture (DA) said it will expand its Protein-Enriched Copra Meal (PECM) commercialization project to the Western Visayas to boost livestock production there. The PECM, initially rolled out…

THE Board of Investments (BoI) said it expects to finalize its Foreign Investment Promotion and Marketing Plan (FIPMP) by January. Lanie O. Dormiendo, a director at the BoI International Investments…

By Justine Irish D. Tabile, Reporter ELECTRIC VEHICLE (EV) sales are expected to grow next year with new entrants attracted by expanded fiscal incentives and the development of the charging…

THE Philippine Ports Authority (PPA) has issued a bid invitation to construct a P706.05-million cruise ship port in Puerto Galera, Oriental Mindoro. In a bid notice, the PPA said the…

THE PHILIPPINES is expected to book savings worth $189 million on banana exports over five years as the Philippines-South Korea free trade agreement (FTA) comes into force, the Department of…