The Marcos Jr. administration’s chief economic manager assured on Tuesday, April 7, that the Philippine government has enough resources to tackle the oil crisis head-on, given an improving fiscal position with rising revenues coupled with prudent spending on public goods and services. “Our...
The country’s meat imports in the first two months increased by nearly a quarter to more than 290,000 metric tons (MT), as traders looked to strengthen inventories despite sufficient domestic output. The latest data from the Bureau of Animal Industry (BAI) showed that total meat imports from...
The country’s rice imports in the first quarter rose by nearly 37 percent to more than one million metric tons (MT) compared to a year ago, according to the Bureau of Plant Industry (BPI). The latest BPI data showed that rice imports from January to March reached 1.26 million MT, higher than the...
The Department of Trade and Industry (DTI) is prepared to adjust and potentially lower its investment and export targets for the year as the ongoing war in the Middle East casts a shadow over global trade and the country’s investment appeal. Trade Secretary Cristina Roque told reporters that the...
As rising fuel prices and broader economic uncertainties weigh on travel costs, the Department of Tourism (DOT) is encouraging Filipinos to rethink how they explore—shifting from long-distance trips to more accessible, value-driven experiences closer to home. In a recent advisory, DOT emphasized...
Fiscal indicators under the Duterte administration generally trended upward, though the pattern was heavily shaped by the pandemic shock mid-term. In the early pre-pandemic years, revenues grew steadily, bolstered by improved tax administration and the initial impact of the TRAIN reforms. The...
Government agencies accelerated their spending efficiency in the first two months of the year, burning through cash allocations at a faster clip than in 2025 despite slight contraction in total fund releases. Data from the Department of Budget and Management (DBM), published on Monday, April 6,...
For a lot of Overseas Filipino Worker (OFW) teachers, returning home is not just about finding a job; it is about coming to terms with the sacrifices they made while working abroad. Teacher I Aylene Lara knows this all too well. "I didn’t want to work abroad for a very long time because it’s...
Rising input costs driven by the conflict in the Middle East may impact the United States’ (US) dominance in shipments of major agricultural products to the Philippines, according to the US Department of Agriculture (USDA). In a report, the USDA identified surging input costs, on the back of...
The World Bank approved another $600-million loan for the Philippines last Good Friday, April 3—this time to fund efforts to improve the country’s education system. In a statement published on Monday, April 6, the Washington-based multilateral lender said over 21 million K-10 students and...
Business names registered with the Department of Trade and Industry (DTI) rose by seven percent in the first quarter to more than 460,000 compared with the previous year, as higher fuel prices failed to slow the country’s surging entrepreneurial activity. Data from the DTI showed that business...
As motorists drive back to Metro Manila on Monday, March 6, Department of Public Works and Highways (DPWH) Secretary Vince Dizon is doing away with short-term patchwork repairs to address recurring complaints over roads that deteriorate shortly after repairs. Dizon said this in a radio interview...
