The Philippines will commit to addressing non-tariff barriers on imports from the United States (US) as part of a reciprocal trade agreement that will see Manila pay a tariff rate of 19 percent on its US-bound goods. Similar to reciprocal trade deals the US has so far announced, Department of Trade...
Two senators have called for urgent and comprehensive reforms in the Philippine education system, urging the 20th Congress to pursue “radical change” through the 2026 education budget, and outlining a seven-point agenda to address the country’s education crisis. In his first privilege speech...
Citing a lackluster performance that the Philippine economy has been showing since its recovery from the Covid-19 pandemic, climbing to the high-income-status target 15 years from now could be impossible, the country’s chief socioeconomic planner stated. Department of Economy, Planning, and...
Senator Imee Marcos on Monday called on the President to immediately release all funds tagged as “For Later Release” (FLR) under the 2025 General Appropriations Act (GAA), citing the urgency of completing long-delayed public projects and ensuring transparency in government spending. Following...
The country’s rice production is expected to reach an all-time high this year, as government interventions and improved weather conditions drove strong output in the first half, according to the Department of Agriculture (DA). Based on data from the Philippine Statistics Authority (PSA),...
The Department of Energy is preparing a circular for the nuclear sector, a month after the law establishing the Philippine Atomic Energy Regulatory Authority was ratified, to guide stakeholders on the new energy source. On the sidelines of the 2025 post-State of the Nation Address (SONA)...
Senator Erwin Tulfo is set to conduct a Senate investigation into online gambling, emphasizing that its ill effects outweigh its positive impact. "But if I can have it my way, kung akong tatanungin niyo personally, I want this online gambling stopped. Kung ako po masusunod, ora mismo dapat itigil...
The Philippines is working to conclude negotiations for its free trade agreement (FTA) with Chile this year, following a successful first round of talks. Department of Trade and Industry (DTI) Undersecretary Allan Gepty said that after a productive round of negotiations, both countries are now on...
The Department of Energy (DOE) and the National Electrification Administration (NEA) are considering taking over power supply operations on Siquijor Island due to persistent outages. During the Post-State of the Nation Address (SONA) briefing on Wednesday, July 30, Energy Secretary Sharon Garin and...
The Philippines and Israel are pushing for direct flights between Manila and Tel Aviv as part of ongoing efforts to strengthen both countries’ trade and tourism relationship. Without a direct flight, Israel Minister of Economy and Industry Nir Barkat said it normally takes over 16 hours of travel...
The Department of Energy (DOE) announced that several renewable energy (RE) and energy storage system (ESS) projects have secured system impact study (SIS) endorsements that evaluated the project’s viability for connection to the national grid. For the month of June, the DOE granted SIS...
British financial technology (fintech) giant Revolut is set to enter the Philippine market by establishing its second Global Tech Hub in Asia, as part of its goal to reach 100 million customers worldwide. In a statement released on Wednesday, July 30, the Department of Finance (DOF) said the entry...
