Biodiesel manufacturer sees higher coconut content improving mileage
INCREASING the coconut content of the biodiesel blend will have a minimal impact on price but may also improve vehicle mileage, producing net savings,...
Inflation likely cooled to 4% in Dec.
HEADLINE INFLATION may have further eased in December and settled to within the 2-4% target for the first time in almost two years amid lower prices of fruits and vegetables, electricity and fuel, analysts said.
November debt service bill slips
THE NATIONAL Government’s (NG) debt service bill slipped by 7.7% in November due to a drop in amortization payments, according to the Bureau of...
DoE eyes implementation of higher biodiesel blend in July
THE DEPARTMENT of Energy (DoE) is proposing to implement the long-delayed increase in the coco biodiesel blend to 3% starting July 1.
Peso may trade at P54-P57 this year on monetary easing bets
THE PESO is seen moving within the P54 to P57 level against the dollar this year amid expectations of monetary policy easing at home...
Stocks may rebound this year as rates go down
PHILIPPINE SHARES may rise this year as a robust economic outlook and expectations of monetary policy easing could lift market sentiment, analysts said.
The Philippine...
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...
Budget gap narrows in November
THE National Government’s (NG) budget deficit narrowed to P93.3 billion in November from a year ago, amid tepid revenue growth and a decline in...