The Philippines’ biofuel consumption is expected to post moderate growth of one percent to two percent this year as higher pump prices temper fuel demand, according to the United States Department of Agriculture (USDA). In a report released July 23, the USDA noted that growth in both domestic...
The Philippine Iron and Steel Institute (PISI) is urging the Department of Trade and Industry (DTI) to accelerate the implementation of the new national standard for steel bars to strengthen the country’s resilience against earthquakes and prevent further harm from building failures. PISI...
The mist seen in a now-viral video during a demonstration in front of the Department of Environment and Natural Resources (DENR) Central Office in Quezon City came from the agency’s regular weekly disinfectant defogging activity and not from “pesticide gas” directed at protesters, the DENR...
SB19 is adding a new title to its growing list of milestones. The P-pop powerhouse has been appointed as one of the Philippines’ newest tourism ambassadors, with the Department of Tourism (DOT) looking to harness the group’s international following to...
The Philippines will soon have its first free trade agreement (FTA) with a Latin American country after concluding negotiations for a historic deal with Chile, according to the Department of Trade and Industry (DTI). In a social media post on Friday, July 24, the DTI announced that the Philippines...
The government is now ready to begin laying the groundwork for a program aimed at strengthening the export potential of small and medium-sized enterprises (SMEs) after securing more than $3 million, or roughly ₱185 million, in funding from international development banks. The Department of...
The ongoing war in the Middle East continues to “ substantially ” weigh on the Philippine tourism industry, although strong domestic tourism has helped cushion the impact, according to the Department of Tourism (DOT). Speaking during the 117th Asian Impact Webinar organized by the...
The Sandiganbayan has found businesswoman Janet Lim-Napoles guilty beyond reasonable doubt of 10 counts each of graft and malversation over the alleged diversion of P50 million intended for farm input assistance, while acquitting former Department of Agrarian Reform (DAR) Undersecretary Jerry E....
The construction of the Light Rail Transit Line 1 (LRT-1) extension to Cavite may begin soon after the Villar family expressed openness to donate its property for the project, according to the Department of Transportation (DOTr). Transportation Secretary Giovanni Lopez said the Light Rail Transit...
The Philippines expects the United States (US) to consider exempting its imports from the threat of a 12.5-percent tariff following the creation of an inter-agency body tasked with probing the alleged importation of goods produced with forced labor. “It should be,” Department of Trade and...
The government is offering expansive tax relief to large corporations and top exporters under new implementation guidelines designed to spur industrial investment and lower operational overheads. Under a Department of Finance (DOF) regulation signed by Finance Secretary Frederick D. Go, companies...
Another $1-billion loan has been added to the World Bank’s financing pipeline for the Philippines, aimed at strengthening government disaster preparedness and response amid increasing climate as well as natural hazard risks. The World Bank disclosed in a July 22 program information document...
