The Department of Agriculture (DA) stated that the enhanced anti-smuggling legislation, along with other measures, would aid in safeguarding the agricultural industry. Last Friday, Jan. 26, Agriculture Secretary Francisco P. Tiu Laurel, Jr. consulted the vegetable industry stakeholders on how to...
Following three consecutive years of decline, the local farm output posted a marginal recovery last year, Philippine Statistics Authority (PSA) said. In the last quarter of last year, the value of agricultural and fisheries production rose by 0.7 percent, primarily due to increased output of crops,...
The Department of Energy (DOE) is eyeing the issuance of a Presidential mandate that will expand the coverage of zero tariff incentive for electric vehicles (EVs) - primarily for hybrids, as well as the two-wheeler and three-wheeler fleets. Energy Undersecretary Felix William Fuentebella told...
The Department of Finance (DOF) has committed to partnering with US investors to explore potential investments in critical minerals, semiconductors, and energy security in the Philippines. This commitment has been made following the meeting between Finance Secretary Ralph G. Recto and United States...
The alarming danger of microplastics has garnered global attention, raising widespread concerns about its potential impact on the Philippines' national fish, the milkfish or "bangus." (Aybanreyes / Pixabay) Microplastics are tiny plastic particles measuring less than five millimeters and have...
The Department of Agriculture (DA) reported that many farmers in Davao and Caraga suffered production losses in agriculture and fisheries due to the shear line. In a statement, the DA-Disaster Risk Reduction and Management (DRRM) recorded around P136.56 million in losses, affecting 6,923 farmers in...
Consumers are in no luck this week as they will need to bear the brunt of massive oil price hikes at the domestic pumps - with gasoline prices rising by hefty P2.80 per liter, based on the pricing advisories of the oil companies. For diesel products, the oil companies announced that the price...
The Department of Agriculture (DA) has extended financial support to farmers in the Cordillera to support their income and resources, aiming to enhance vegetable output, encourage crop diversification, and upgrade post-harvest facilities. In a statement, Agriculture Secretary Francisco P. Tiu...
TOKYO, Japan – The Department of Energy (DOE) is in talks with the Department of Transportation (DOTr) on the inclusion of electric vehicles (EVs) in the country’s public utility vehicle (PUV) modernization program. In an interview with reporters here, DOE Director Patrick Aquino noted there is...
Finance Secretary Ralph G. Recto said that interest rates would go down in the second semester of the year. On the sidelines of the annual reception for the banking community late Friday, Jan. 26, Recto stated that he expects a decrease in the cost of borrowing, both domestically and offshore,...
Senator Sherwin Gatchalian has renewed his push for the passage of Senate Bill (SB) No. 2493 or the Revised Magna Carta for Public School Teachers in a bid to improve teachers’ welfare. This, after the Department of Education (DepEd) issued a directive removing administrative tasks from...
The Department of Finance (DOF) has stated that the expected revenue from the "refined" five tax reform proposals will fall short of the initial projections made by the agency. Finance Secretary Ralph G. Recto said late Friday, Jan. 26, that the projected revenue gain of P213 billion from the...
