THE PHILIPPINES imported 2.49 million metric tons (MT) of rice in the year to date as of Sept. 21, down 18.1% from a year earlier, the Bureau of Plant Industry…
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EconomyEditor's Pick
Water resources board retains Metro Manila’s October allocation at 50 cubic meters per second
THE Metropolitan Waterworks and Sewerage System (MWSS) said that the National Water Resources Board (NWRB) retained the MWSS water allocation at 50 cubic meters per second (cms) for October. “The…
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THE US Department of Agriculture (USDA) downgraded its annual raw sugar forecast for the Philippines, citing El Niño and the decline in the area planted to sugarcane. According to a…
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HIGHER oil prices will have a limited impact on the Philippines’ fiscal position in the absence of government fuel subsidies, Nomura Global Markets Research said. Nomura Global, in a note…
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ASIA must work on decarbonizing agriculture and transitioning to net-zero to ensure food security in the face of climate change, the Asian Development Bank (ADB) said. “Asia is home to…
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The CREATE Act radically changed the value-added tax (VAT) landscape for Registered Export Enterprises (REEs) with the introduction of the condition that only items “directly and exclusively used” in the…
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