Market for AS power enters pilot operations
THE pilot stage of the market for reserve power has been launched, with full commercial operations targeted for later in the month, the Independent...
Exportable agri commodities focus of new DA dev’t plan
THE Department of Agriculture (DA) said it is seeking to expand agricultural and fisheries exports and has set into motion the drafting of the...
‘Only’ 19 LGUs declared compliant with business one-stop shop rules
THE Anti-Red Tape Authority (ARTA) said only 19 local government units (LGUs) out of 1,637 are fully compliant with the electronic business one-stop shop...
Factory activity growth slows in Dec.
FACTORY ACTIVITY in the Philippines expanded at a slower pace in December, reflecting modest growth in new orders and output across the sector, S&P Global said on Tuesday.
Becoming a manufacturing powerhouse remains a pipe dream for Philippines
LILY G. TERRENIO was 19 years old when she became a factory worker at Amertron, Inc. inside the Clark Freeport Zone north of the Philippine capital in 1988.
Banks continue to miss 10% lending quota for MSMEs
PHILIPPINE BANKS failed to meet the mandated quota for small business loans in the first nine months of 2023, preliminary data from the Bangko...
Philippines yet to fulfill some action plans to exit from FATF ‘gray list’
THE PHILIPPINES has yet to fulfill several action plans more than two years since it was placed under the “gray list” of the Financial...
Shares climb on expectations of easing inflation
PHILIPPINE SHARES closed higher on the first trading day of 2024 as investor sentiment was lifted by expectations of slower inflation in December.
The benchmark...
Peso weakens as dollar climbs
THE PESO dropped on the first trading day of 2024 as remittance flows eased after the holidays and as the dollar gained versus major...
International visitor arrivals hit 5.45M in 2023
THE PHILIPPINES logged 5.45 million international visitors in 2023, beating the 4.8 million target, the Department of Tourism (DoT) said on Tuesday.
“From Jan. 1...
DoE blames metering problems for low lifeline rate registration
THE Department of Energy (DoE) said registration for the lifeline rate program has been hindered by the practice of several households sharing power meters,...
BoI planning push to encourage more biofertilizer use in rice, corn farming
THE Board of Investments (BoI) said on Tuesday that it will support a biofertilizer company in its capacity expansion by helping to promote the...