The agriculture sector could be in deep trouble if the government moves to open up the market to imports from the United States (US) as part of concessions to reduce the 19 percent tariff slapped on Philippine goods, according to the Philippine Chamber of Agriculture and Food Inc. (PCAFI). PCAFI...
Oil prices are expected to rise again by the first week of November as growing seasonal demand meets tightened global supply due to ongoing sanctions. Based on the four-day trading average of Mean of Platts Singapore (MOPS), gasoline could climb at around ₱1.2 to ₱1.7 per liter, while diesel...
The Department of Information and Communications Technology (DICT) has called on the country’s leading technology firms, such as mobile wallet giant GCash and ride-hailing company Grab Philippines, to consider going public to breathe new life into the local bourse. DICT Secretary Henry Aguda said...
Despite the nearly two percent hike in foreign borrowings, the national government’s outstanding debt fell to ₱17.455 trillion in September, though officials warned that further reductions will depend heavily on the peso’s strength against the United States (US) dollar. National Treasurer...
Senate Deputy Majority Leader Joseph Victor “JV”Ejercito has called on government agencies to immediately address the “dangerous disconnect” in the management of water resources. Ejercito said the lack of coordination between flood control projects and agencies with technical expertize in...
Senator Jinggoy Ejercito Estrada dismissed the accusations thrown against him related to the anomalous flood control projects as hearsay and based on rumors. Estrada said this in a statement on Wednesday, Oct. 29, following the Independent Commission for Infrastructure 's (ICI) recommendation...
Senator Joel Villanueva said on Wednesday, Oct. 29, that Senate records will show his opposition to flood control projects "from the very beginning", following the Independent Commission for Infrastructure 's (ICI) recommendation to file charges against him and several other lawmakers before...
The Department of Agriculture (DA) will investigate the possible involvement of its own officials in several non-existent farm-to-market road (FMR) projects discovered in Mindanao. Agriculture Assistant Secretary Arnel de Mesa said there is a strong possibility that some officials are involved in...
Singapore — The Department of Energy (DOE) is poised to sign an implementation agreement with Singapore next year to advance a transition credits mechanism aimed at phasing out coal-fired power plants. Energy Secretary Sharon Garin met with Singapore’s minister-in-charge of energy and science...
A Senate finance subcommittee approved the proposed 2026 budget of the Department of Public Works and Highways (DPWH) for plenary approval on Monday, Oct. 27, subject to discussion and the submission of requested documents. Senate Finance Committee Chairman Senator Sherwin Gatchalian stated in the...
Senator Sherwin Gatchalian questioned on Monday, Oct. 27, the 104 percent increase of farm-to-market road (FMR) appropriations from P16 billion to P32 billion under the General Appropriations Bill (GAB). "Kasi nakita po namin sa GAB na lumaki ang pondo ng FMR from P16 billion to P32 billion...
There may be no radiation leaks seeping into the country’s power system yet, but it seems the policymaking core of the Department of Energy (DOE) is already 'overheating ' and treading halfway into a meltdown. The DOE’s newly issued Circular (No. 2025-10-0019) reads like an incentive...