Consumers are in no luck this week as they will need to bear the brunt of massive oil price hikes at the domestic pumps - with gasoline prices rising by hefty P2.80 per liter, based on the pricing advisories of the oil companies. For diesel products, the oil companies announced that the price...
The Department of Agriculture (DA) has extended financial support to farmers in the Cordillera to support their income and resources, aiming to enhance vegetable output, encourage crop diversification, and upgrade post-harvest facilities. In a statement, Agriculture Secretary Francisco P. Tiu...
TOKYO, Japan – The Department of Energy (DOE) is in talks with the Department of Transportation (DOTr) on the inclusion of electric vehicles (EVs) in the country’s public utility vehicle (PUV) modernization program. In an interview with reporters here, DOE Director Patrick Aquino noted there is...
Finance Secretary Ralph G. Recto said that interest rates would go down in the second semester of the year. On the sidelines of the annual reception for the banking community late Friday, Jan. 26, Recto stated that he expects a decrease in the cost of borrowing, both domestically and offshore,...
Senator Sherwin Gatchalian has renewed his push for the passage of Senate Bill (SB) No. 2493 or the Revised Magna Carta for Public School Teachers in a bid to improve teachers’ welfare. This, after the Department of Education (DepEd) issued a directive removing administrative tasks from...
The Department of Finance (DOF) has stated that the expected revenue from the "refined" five tax reform proposals will fall short of the initial projections made by the agency. Finance Secretary Ralph G. Recto said late Friday, Jan. 26, that the projected revenue gain of P213 billion from the...
Using artificial intelligence (AI) and 3D printing technologies to enhance bone tissue repair, Filipino researchers created a project to provide affordable solutions for crafting bone scaffolds with tunable shapes. Photo from DOST-PCHRD In a statement released on Saturday, Jan. 27, the Department...
The Philippine Ports Authority (PPA) has strengthened partnership with the Department of Agriculture to minimize the ecological impact and ensure long-term positive effects in agriculture and fisheries. PPA General Manager Jay Daniel Santiago said the partnership with the DA under Secretary...
While the Philippines may be known for its warm hospitality and delicious cuisine, it is also known for a prevalent cultural norm—the “Filipino time.” Photo from Unsplash The concept of Filipino time is when Filipinos tend to be consistently late for appointments, gatherings, and even...
The research funded by the Department of Science and Technology – Philippine Council for Agriculture, Aquatic and Natural Resources Research and Development (DOST-PCAARRD) has developed a technology to identify local coffee varieties that are resistant to two major insect pests and diseases....
President Marcos directed the Department of Energy to look into the proposal to allow third parties to construct transmission projects in the country. President Ferdinand 'Bongbong' Marcos Jr. (Photo courtesy of PPA/Yummie Dingding) "I have also directed the Department of Energy and the ERC (Energy...
The commercial operations of the ancillary services (AS) market will guarantee the full procurement of power reserves needed by system operator National Grid Corporation of the Philippines (NGCP) in efficiently running the country’s electricity system. After more than a decade of planning, policy...
