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…
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THE Asian Development Bank (ADB) said it signed an agreement with Asialink Finance Corp. to help provide $115 million in working capital to support lending to small- and medium-sized enterprises…
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THE Philippine Retailers Association (PRA) said the signing into law of the value-added tax (VAT) refund scheme for non-resident tourists will raise the Philippines’ competitiveness as a visitor market. “We…
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THE Philippines benefits from the free movement of capital, goods, and people, and its global partners can support emerging markets with such measures, Ayala Corp. Chairman Jaime Augusto Zobel de…