THE SENATE on Tuesday approved its version of the government’s proposed P6.352-trillion national budget next year, with senators prioritizing funding for the Education, Health and Defense departments. By a vote…
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By Adrian H. Halili, Reporter THE Department of Agriculture (DA) said on Tuesday that it downgraded its palay (unmilled rice) production forecast for this year due to the spate of…
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THE Department of Agriculture (DA) said it is considering issuing more import clearances for yellow onion and small pelagic fish, citing a drop in supply following recent storms. “It looks…
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RECENT economic reforms have raised confidence in the Philippines prospects, though ease of doing business remains the main challenge in attracting investors, business leaders said. “I’m actually very cautiously optimistic.…
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THE Zamboanga Peninsula regional wage board’s P33 minimum wage increase, which will take effect on Dec. 12, has been approved, the Labor department said. In a statement on Tuesday, the…
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By Justine Irish D. Tabile, Reporter THE PHILIPPINES could be in position to benefit from the tariffs the Trump administration is promising to impose should the incoming government in Washington…
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A HOUSE committee approved on Tuesday an unnumbered substitute bill seeking to strengthen the oversight powers of the Energy Regulatory Commission (ERC). The bill, part of a broader effort to…
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EconomyEditor's Pick
Habito says EO 62 serves greater good, but calls for more direct farmer support
By Aubrey Rose A. Inosante, Reporter THE GOVERNMENT must provide direct support to farmers impacted by the reduction of rice import tariffs under Executive Order (EO) No. 62, though the intent of…
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THE National Grid Corp. of the Philippines (NGCP) said on Tuesday that it has energized the 230-kilovolt (kV) Cebu-Bohol interconnection project (CBIP), which will address growing power demand in Bohol.…
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THE Maharlika Investment Corp.’s (MIC) organizational structure has not yet been finalized, the Governance Commission for Government-owned and -controlled corporations (GCG) said. “The interim staffing pattern has been approved by the…