The Department of Agriculture (DA) is exploring the imposition of higher tariffs by at least 13 percentage points (ppt) on certain rice imports from four of its major suppliers, including Vietnam, as a safeguard measure to mitigate the impact of rising imports on the domestic rice industry. Upon...
The World Bank has seen “tangible progress” in a delayed $300-million project aimed at protecting Metro Manila from “The Big One” earthquake, with contracts finally awarded to retrofit school buildings after years of implementation setbacks. In a July 10 implementation status and results...
The government is planning to simultaneously implement its two flagship incentive programs aimed at encouraging the local production of electric vehicles (EVs) and gas-powered cars, potentially within the year. Finance Secretary Frederick Go told reporters last week that the government intends to...
The Marcos administration will deploy ₱12.3 billion using surpluses and fresh budget allocations to settle multi-year financial arrears owed to state universities and colleges, according to a government joint administrative order. The national government plans to tap ₱7.8 billion in...
Ateneo de Manila University (ADMU) on Saturday, July 11, said former men’s basketball coach Tab Baldwin has been engaged by the university as an independent contractor since 2016. This clarification came after commentaries emerged following a Department of Labor and Employment (DOLE)...
The development of the planned artificial intelligence (AI) industrial hub in New Clark City is expected to begin soon, with the project recognized as a top economic priority for the United States (US), according to the country’s investment czar. Finance Secretary Frederick Go said he recently...
The weather has been unpredictable lately. One minute it’s sunny, the next the gloom sets in, and it starts raining hard. This is why we should start rainproofing our everyday looks from head to toe. Whether you’re headed to work or school, there are a number of easy ways to make sure you and...
Cabinet-level interagency Development Budget Coordination Committee (DBCC) has lowered the revenue goal for the Bureau of Internal Revenue (BIR) for this year but raised the target for the Bureau of Customs (BOC), in tandem with the downgraded economic growth outlook. According to data disclosed by...
Eliminating delays in the country’s power-related projects will be the ultimate goal of the proposed $60-million Millennium Challenge Corp. (MCC) threshold program, according to the Department of Finance (DOF), as it will fund the Energy Development Governance Efficiency Project. DOF Secretary...
The Department of Energy (DOE) has indefinitely suspended its landmark fifth round of the Green Energy Auction Program (GEA-5), dealing a temporary setback to the Philippines’ most ambitious offshore wind energy tender to date. The DOE issued an official advisory putting all activities and...
Dividends collected under President Ferdinand R. Marcos Jr.’s administration have already exceeded half a trillion pesos since mid-2022, 31.2 percent higher than those under the Duterte administration and dwarfing the collections of the two earlier administrations. A government document from...
Business names registered with the Department of Trade and Industry (DTI) expanded by nearly five percent in the first half of 2026, even as the impact of elevated inflation is already being felt in the pace of filings. The latest DTI data showed that business name registrations from January to...
