The Department of Agriculture (DA) is seeking ₱3.5 trillion in total investments—including support from the private sector—to transform the country’s agriculture sector into a more robust, economically viable contributor to national food and economic security. During the launch of the...
The Department of Transportation (DOTr) has ordered Light Rail Manila Corp. (LRMC) to compensate passengers who were injured following an escalator malfunction at FPJ Station of Light Rail Transit Line 1 (LRT-1). In a statement, Transportation Secretary Vince Dizon reminded LRMC to uphold the...
Indian dyes and chemicals company Kiri Industries Limited (KIL) is exploring the prospect of expanding in the Philippines through an integrated copper smelting, refining, and fertilizer production facility, according to the Department of Trade and Industry (DTI). In a statement, the DTI said KIL...
The Department of Agriculture (DA) is looking to leverage its proposed higher budget next year to drive growth in the country’s farm, fisheries, and livestock sector, ensuring greater food security in the process. In a statement, Agriculture Secretary Francisco Tiu Laurel said the agency’s...
Motorists may face a fuel price shake-up next week, with gasoline expected to rise amid strong demand, while diesel may see a rollback due to growing supply. Based on the four-day Mean of Platts Singapore (MOPS), gasoline per liter may increase somewhere between ₱0.40 and ₱0.60, while diesel...
Budget Secretary Amenah F. Pangandaman has assured that big-ticket foreign-assisted programs and projects will no longer suffer from delays, given the budget cover included in the proposed 2026 spending plan of the national government. For its part, aid agency Japan International Cooperation Agency...
The government has proposed a ₱31-billion National Disaster Risk Reduction and Management Fund (NDRRMF) or calamity fund for 2026, nearly 50-percent higher than this year’s allocation. According to the National Expenditure Program (NEP) for fiscal year (FY) 2026, the proposed calamity...
Department of Agriculture (DA) Secretary Francisco Tiu Laurel said the upcoming 60-day suspension on rice imports could be shortened or extended, depending on potential market shifts. In a statement, Tiu Laurel said the government will closely monitor price movements and the outcome of the harvest...
Another loan from the World Bank is forthcoming for the Philippines, this time to finance the country’s fight against epidemics by strengthening both human and animal health systems to improve pandemic preparedness. According to a Aug. 12 concept environmental and social review summary...
The Marcos administration has secured a commitment from Indian infrastructure giant GMR Group to develop the Sangley Point International Airport (SPIA) in Cavite to help decongest the Ninoy Aquino International Airport (NAIA) and improve regional connectivity. According to a statement from the...
Tax measures enacted during the Marcos Jr. administration are expected to raise a net amount of ₱27.8 billion in 2026, more than seven times the projected collections of only ₱3.8 billion in 2025. The Bureau of Internal Revenue (BIR), the main tax agency, is projected to collect ₱21.4 billion...
While the proposed 2026 national budget increased by more than seven percent, confidential and intelligence funds (CIF) were slashed by 11.2 percent, or ₱1.35 billion, from the existing national budget. Budget Secretary Amenah Pangandaman reported during the ceremonial turnover of the fiscal year...
