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Price growth of retail construction materials in the National Capital Region (NCR) eased to eight-month low in February, the Philippine Statistics Authority (PSA) reported on Friday. Preliminary data from the…

THE Department of Energy (DoE) said it is seeking to standardize local government unit (LGU) ordinances for approving energy infrastructure projects. “By implementing this standardized approach, the DoE seeks to…

THE Monetary Board could cut rates at its April meeting, with receding inflation giving it space to ease monetary policy, a former Bangko Sentral ng Pilipinas (BSP) official said. GlobalSource…

THE Department of Trade and Industry  said it hopes to increase funding allocated to develop the film industry next year. “We are still reviewing. The budget (season) is approaching,” Trade…

THE Tariff Commission said it hopes to complete the safeguard duty investigation into cement imports by June. At a preliminary conference on Thursday, the commission said it hopes to submit…

THE PHILIPPINES is headed in the right direction in terms of becoming a more conducive business environment, the Chandler Institute of Governance (CIG) said. “The attractive marketplace (pillar) is about…

THE National Dairy Administration (NDA) said it plans to open five stock farms by April to help expand the dairy cattle herd. Each of the stock farms will initially hold…

THE farmgate price of palay (unmilled rice) fell 18.9% year on year in February to an average of P20.29 per kilogram, after rice imports hit record levels last year. The…

THE United Nations Development Programme (UNDP) said P100 million each was granted to 23 community-based organizations in the 7th Operational Phase of the Global Environment Facility Small Grants Programme in the…

THE National Grid Corp. of the Philippines (NGCP) said it met with the Department of Energy (DoE) to adjust the power outlook following the declaration of a yellow alert last…