Fuel prices are set to increase ahead of the celebration of Philippine Independence Day on June 12. Effective Tuesday, June 10, gasoline prices will inch up by ₱0.60 per liter, while diesel will go up by ₱0.95 per liter. Kerosene is also set to climb by ₱0.30 per liter. Shell Pilipinas,...
The 'hotness ' of the Philippines for renewable energy investments may be losing its sizzle. Some foreign investors are now quietly slipping out the back door, leaving behind whispers of uncertainty, a trail of unanswered questions about what went wrong, and a half-empty plate of missed...
The Asian Development Bank (ADB) reported that the de-risking strategy for geothermal technologies in the Philippines is attracting investor interest. In a briefing, Pavit Ramachandran, ADB Country Director for the Philippines, noted that despite potential challenges, stakeholders are already...
BACOLOD CITY – Department of Agriculture (DA) Secretary Francisco Tiu Laurel Jr. on Thursday announced the approval of a P10-million pesticide assistance from the national government to address the infestation of red-striped soft scale insects (RSSI) mainly in Negros Island. “Nandiyan na ang...
BACOLOD CITY - The Department of Agriculture (DA) is considering increasing the buying price of palay (unhusked rice) to support farmers and the national government’s P20 per kilo rice initiative. Agriculture Secretary Francisco Tiu Laurel Jr. announced during the program’s launching at Burgos...
A $600-million (over ₱33-billion) loan scheduled to be greenlit by the Washington-based World Bank in December is aiming to not only help sustain robust economic expansion in the Philippines but also ensure that Filipino workers are ready to reap growth-induced employment. In a June 2 program...
Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona Jr. said the Japan Credit Rating Agency’s (JCR) latest affirmation of the Philippines’ “A-” credit rating with a stable outlook is expected to strengthen confidence among Japanese investors in the country. On Thursday, June 5, JCR...
BACOLOD CITY – The P20 per kilo rice program was officially launched here on Thursday, June 5. Hundreds of residents lined up as early as 6 a.m. to purchase the staple. Agriculture Secretary Francisco Tiu Laurel Jr. and Mayor Albee Benitez led the launching at the Burgos Public Market with...
The Department of Finance (DOF) said the Marcos administration has been prudently managing the Philippines’ swollen debt stock, which was bloated by the ₱6.84 trillion added by the Duterte regime during the Covid-19 pandemic. In a statement released on Thursday, June 5, the DOF said the...
Consumer price increases slowed further to 1.3 percent in May from 1.4 percent in April, marking the slowest pace in nearly six years, with the poorest households experiencing no increase in overall prices. According to the Philippine Statistics Authority (PSA), the country’s headline inflation...
As the world grapples with the continued rise of plastic pollution across marine and freshwater ecosystems, developing economies such as the Philippines are ramping up the production of non-plastic alternatives, with seaweed as a major source. In its latest global trade update, the United Nations...
United States-based global weather intelligence firm Tomorrow.io is set to bring its artificial intelligence (AI) technology in the Philippines to help farmers to rapidly shifting climate conditions that often hamper productivity. Tomorrow.io, a known technology provider for American government...
