THE government may implement a calibrated reduction in rice tariffs to reduce the price of imported rice, according to the National Economic and Development Authority (Neda).
THE full impact of the increase in market rates “may not have yet run its full course” and efforts must be exerted to strengthen the financial system to absorb risks that come with it, according to the Bangko Sentral ng Pilipinas (BSP).
SUCCESSIVE typhoons have caused commodity prices to surge in August with vegetables like tomatoes and the country’s staple, rice, leading the charge to increase inflation to 5.3 percent, according to the Philippine Statistics Authority (PSA).
THE municipality of Kalayaan in Palawan joined the recently concluded Philippine Travel Mart (PTM) and offered adventure-seeking tourists discounts for visitors to the islands claimed by the country in the West Philippine Sea.
MINORITY lawmakers on Tuesday scored the unscrutinized existence of the confidential and intelligence funds (CIF) and “presidential pork,” which they alleged exist in the proposed budget of the Office of the President (OP) for 2024.
The Securities and Exchange Commission (SEC) is drafting guidelines which will ensure the consistency and uniformity of sustainability measures that will be reported by listed Philippine companies.
Expensive vegetable, rice, and transport costs pushed up the country’s headline inflation rate to 5.3 percent in August 2023, according to the Philippine Statistics Authority (PSA).
The global pandemic might have put us in dark times these previous years. But just like any other tribulation, there is still something good that has come out of it. For some people, it is their new-found resilience, strength and resourcefulness broug...
Metro Pacific Investments Corporation (MPIC), the country’s leading infrastructure investments company, and Hartasuma Sdn Bhd, the forefront in integrated rolling stock and rail services provider in Malaysia, have announced a significant collaboration...
PRESIDENT Ferdinand R. Marcos Jr. said the government will tap the P6.4-billion sustainable livelihood program (SLP) fund of the Department of Social Welfare and Development (DSWD) to provide aid to small-scale rice retailers affected by the price cei...
THE Bangko Sentral ng Pilipinas (BSP) will shift to a variable-rate format with a predetermined offer volume in the auction for the overnight reverse repurchase (RRP) facility this week.
MOODY’S Analytics expects the country’s inflation rate to average 4.8 percent in August, faster than the actual rate of increase in commodity prices in July.
THE House of Representatives is working closely with the Department of Budget and Management (DBM) to allocate P2 billion in cash assistance for retailers affected by the rice price ceiling imposed by the Palace, Speaker Ferdinand Martin G. Romua...
WILLIAM Cunado, the former Director of the Environmental Management Bureau (EMB) of the Department of Environment and Natural Resources (DENR), has not officially resigned, and neither did he officially file his retirement, a source said.
THE Philippines issued over 2,000 sanitary and phytosanitary import clearances (SPSICs) for the importation of close to 2 million metric tons (MMT) of rice in the past two months to plug the shortfall in its local supply.
A MIGRANT advocate group has vowed to continue its protest against the new controversial travel requirements of the Inter-Agency Council Against Trafficking (Iacat) until it is finally scrapped.
TRADE and Industry Secretary Alfredo E. Pascual encouraged businesses present at the 43rd Asean summit to invest in the downstream processing of nickel, among others, noting that it is part of the Philippines’s “strategic” approach to enable the count...
Business and government must understand how sustainability requirements filter down throughout companies and government operations. Please allow me to highlight a few areas for your considerations.