REUTERSTHE temporary ban on rice imports is not expected to stoke inflation as rice stocks remain substantial, according to the Department of Agriculture (DA).“We had a record harvest in the first half, plus we are expecting a record harvest for the wet season,” DA spokesman

BoI sticks to P1.75-T goal for approved investments - BusinessWorld Online                                    THE Board of Investments (BoI) said it maintained its target for approved investment applications this

REUTERSTHE debt service bill on foreign borrowing was nearly $5.9 billion in the five months to May, according to preliminary data from the Bangko Sentral ng Pilipinas (BSP).Debt service rose 0.51% to $5.869 billion in the first five months, from $5.839 billion a year earlier.Principal

Fisherfolk set to join P20 rice beneficiary list - BusinessWorld Online                                    BW FILE PHOTOTHE Department of Agriculture (DA) said the beneficiary list of P20-per-kilo rice program

THE Philippine Economic Zone Authority (PEZA) said economic zone (ecozone) proclamations are likely to number 20-30 this year, based on the agency’s best-case target.“We might be able to achieve that. Because if you notice lately, there are a lot of proclamations coming out,” PEZA Director

PPP project pipeline hits P2.86 trillion - BusinessWorld Online                                    PPP.GOV.PHTHE public-private partnership (PPP) projects in the pipeline now number 230, valued at P2.86 trillion, the Department

BW FILE PHOTOFINANCE Secretary Ralph G. Recto said a prospective Supreme Court (SC) order to return funds taken from the Philippine Health Insurance Corp. (PhilHealth) and Philippine Deposit Insurance Corp. (PDIC) will be complied with in the next budget cycle.“Assuming that the decision is made

TOM BOOTH/FLICKRTHE PHILIPPINES is among the countries in Emerging Asia expected to benefit from favorable demographics, Pantheon Macroeconomics said.“One of the reasons we remain structurally bullish about the prospects for Emerging Asia ex-China economically, let alone as a burgeoning export manufacturing hub, is the region’s

DENR PHOTOTHE Department of Environment and Natural Resources (DENR) said it supports the absorption of waste collectors by the formal waste management industry.The DENR said in a statement that informal collectors can thereby access welfare benefits, boosting their economic opportunities.It said while Republic Act 9003

Over a year since the Bureau of Internal Revenue (BIR) issued Revenue Memorandum Circulars (RMC) Nos. 05-2024 and 38-2024, taxpayers continue to navigate the complexities that these twin issuances introduced in the taxation of cross-border services.In particular, payments to foreign service providers have become a

NINOY AQUINO INTERNATIONAL AIRPORT (NAIA) Terminal 3 — PHILIPPINE STAR/MIGUEL DE GUZMANA GROUP of lawyers and academics on Monday asked the Supreme Court (SC) to stop a plan to increase service fees at the Ninoy Aquino International Airport (NAIA), set to take effect on

PRESIDENT Ferdinand R. Marcos, Jr. inspects Ormoc City’s P100-M solar-powered irrigation project. — PRESIDENTIAL COMMUNICATIONS OFFICETHE PHILIPPINES has invested P100 million in a solar-powered irrigation project in Ormoc City, Eastern Visayas, as part of efforts to boost renewable infrastructure spending to cut farm energy costs