Panay power plant outages raise yellow alert in Visayas
THE Visayas power grid was placed on yellow alert on Tuesday after major power plants on Panay Island stopped operating, reducing the safety margin...
Beekeepers to be tapped for export markets
THE Department of Agriculture (DA) said it hopes to expand the beekeeping industry, citing the prospect of new export markets.
Agriculture Undersecretary Deogracias Victor B....
Miners expect ‘green transition’ minerals to drive industry growth
By Adrian H. Halili, Reporter
MINERS are expected to perform well in 2024 due to increased demand for transition minerals used by the renewable energy...
PEZA broadening search for economic zone investments
THE Philippine Economic Zone Authority (PEZA) said it is seeking “nontraditional” countries of origin for economic zone investments.
“Ang strategy kasi ng PEZA is how...
ERC says rules for retail power consumer choice programs to be out soon
THE Energy Regulatory Commission (ERC) and the Department of Energy (DoE) are preparing to release omnibus rules on consumer choice programs in the retail...
End-September net external liability position widens
THE Philippines’ net external liability position widened at the end of September due to a decline in the central bank’s reserve assets, the Bangko...
Insurance program launched to cover ‘strategic’ gov’t assets
THE Bureau of the Treasury (BTr) has launched the National Insurance Indemnity Program (NIIP) to provide cover for “strategically important” government assets, starting with...
Mid-December well-milled rice prices average P54.68 a kilo
THE national average retail price of well-milled rice in late December was P54.68 per kilogram (kg), according to the Philippine Statistics Authority (PSA).
Rice prices...
National Gov’t gross borrowing up 28.2% in Nov. as domestic debt surges
THE National Government’s gross borrowing rose 28.2% year on year in November, as domestic debt continued to grow in the double digits.
The Bureau of...
Transfer pricing considerations for intercompany loans
By Patrick Manuel R. Olarte
As each delicate strand of Christmas light is taken down from the walls, each Christmas ornament is undecked from the halls, and each Christmas...
Consumption to pick up as inflation eases — Diokno
CONSUMPTION will once again be the primary driver of economic expansion in 2024 as the threat from inflation recedes, Finance Secretary Benjamin E. Diokno...
Low food tariffs will help, but agri output ultimately needs to rise — Balisacan
THE extension of reduced tariffs on key food products will help mitigate inflation, but the Philippines will ultimately need to improve agricultural output, according...