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Categories Economy

RCBC projects 2023 inflation average at 4.5-5.5%

December 25, 2022

RIZAL Commercial Banking Corp. (RCBC) said average inflation is expected to slow to 4.5% to 5.5% in 2023 as oil prices ease, with the

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Categories Economy

PHL imports, consumption of distilled spirits seen returning to pre-pandemic levels by 2023

December 25, 2022

PHILIPPINE imports and consumption of distilled spirits are expected to return to pre-pandemic levels as pandemic restrictions ease, the Global Agricultural Information

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Categories Economy

ERC in consultations for proposed measures to deal with Malampaya shutdown in Feb.

December 25, 2022

THE ENERGY Regulatory Commission (ERC) said it is currently in consultations to come up with measures that will mitigate the scheduled Malampaya

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Categories Economy

Expanded private sector role eyed in DPWH projects

December 25, 2022

THE DEPARTMENT of Public Works and Highways (DPWH) said it plans to seek more private sector bids for operations and maintenance (O&M)

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Categories Economy

World Bank urges building broad consensus for ‘health tax’ measures

December 25, 2022

THE WORLD Bank said countries resorting to “health taxes” like those imposed on tobacco and alcoholic beverages must achieve broad-based partnerships that

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Categories Economy

What key COP27 outcomes mean for PHL companies

December 25, 2022

It’s been almost a month since the 27th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP27)

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Categories Economy

DBP sees wealth fund role as provider of infra capital

December 22, 2022

THE Development Bank of the Philippines (DBP) views the proposed Maharlika Investment Fund (MIF) as a valuable source of long-term capital for

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Categories Economy

Maharlika bill FoI safeguards seen as inadequate

December 22, 2022

THE Maharlika Investment Fund (MIF) bill is suffering from a lack of public consultation, with transparency safeguards like the obligation to respond

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Categories Economy

Farmers say high sugar prices due to issues with distribution, retail

December 22, 2022

THE Department of Agriculture (DA) needs to address the distribution and retail portions of the sugar supply chain, which are causing prices

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Categories Economy

Digital national ID issuances hit 10 million, behind target

December 22, 2022

THE Philippine Statistics Authority (PSA) announced on Wednesday that issuances of the digital version of the national ID, known as the ePhilID, have

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Marcos calls for flexibility in devolving functions to LGUs

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Geothermal, hydro, wind sites on offer in 4th auction round

THE Department of Energy (DoE) said it has selected 19 sites to be offered this year for the fourth...

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Oil spill clouds prospects of resorts, marine parks along Verde Island Passage

By Brontë H. Lacsamana, Reporter RESORTS and marine parks along the Verde Island Passage, an area...

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UPS projects PHL trade with Asia tripling to $393B by 2030

PHILIPPINE TRADE with the rest of Asia is expected to triple by 2030 to $393 billion, logistics...

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ERC asked to review VAT treatment of system losses

A LEGISLATOR representing power cooperatives asked the Energy Regulatory Commission (ERC) on...

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House resolves to extend travel tax exemption for EAGA-bound travelers

THE House of Representatives passed a resolution to renew a travel tax exemption for passengers...

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