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REUTERSTHE GOVERNMENT said it will welcome South Korean companies engaged in electronics manufacturing services and semiconductor manufacturing services, electric vehicles (EV), high-tech agriculture, and clean energy industries seeking to invest in the Philippines.In a social media post, the Philippine Economic Zone Authority (PEZA) said that

THE Energy Regulatory Commission (ERC) said it approved 19 ancillary service procurement agreements (ASPAs) entered into by the National Grid Corp. of the Philippines (NGCP) with prospective suppliers.In a notice, the ERC said the commission authorized the ASPA applications involving suppliers like Aboitiz group companies

BW FILE PHOTOTHE Bangko Sentral ng Pilipinas (BSP) could cut rates further this year if the Trump administration goes ahead with the 17% tariff initially announced on Philippine imports, BMI Country Risk & Industry Research said.“If anything, the case for more easing has strengthened. If

A farmer dries rice grains in Baliuag, Bulacan, Oct. 9, 2023. — PHILIPPINE STAR/KRIZ JOHN ROSALESTHE FARMGATE PRICE of palay (unmilled rice) fell 24.4% year on year in March to an average of P18.57 per kilogram, the Philippine Statistics Authority (PSA) reported.Month on month, the

On Jan. 27, the Senate passed on third reading the Capital Market Efficiency Promotion Act (CMEPA), sending the bill along the path to eventual signing. Senate Bill No. 2865 was filed by senators Sherwin Gatchalian and Joel Villanueva to encourage more capital-market investment. “CMEPA will