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Economy

Singapore is top maritime center for 10th consecutive year

Singapore ranks first in the Xinhua-Baltic International Shipping Centre Development Index Report for the tenth year in a row It has retained its...

EO on expedited processing of infra flagship projects out soon

President Ferdinand Marcos, Jr. will soon sign an executive order that will expedite processing of licenses, clearances, permits, certifications, and authorizations for the...

New Unilever factory to churn out 90,000 tons of personal care products annually

President Ferdinand Marcos, Jr. inaugurated on September 22 Unilever’s factory in General Trias, Cavite, one of the company’s largest personal care facilities in...

Anti-agri economic sabotage bill certified as urgent

President Ferdinand Marcos, Jr. certified as urgent a measure defining the crime of agricultural economic sabotage and its penalties Senate Bill No. 2432,...

Meat imports decline as Filipinos consume less pork, beef

Meat imports decline by 4% as Filipinos eat less pork, beef Volume fell to 817.35 million kilograms from January to August 2023 from 851.84 million kgs...

Trucking group seeks suspension of toll hikes, taxes on oil

The Alliance of Concerned Truck Owners and Organizations is seeking government intervention on toll and oil price hikes The group wrote Private Sector...

Fresh PH Hass avocadoes for export to Korea

Philippine Hass avocadoes will be exported to South Korea starting end of September The fruits will initially be sourced from Department of Agriculture-Bureau...

PH overtakes China as world’s biggest rice importer

The Philippines will overtake China as biggest rice importer for marketing year 2023 to 2024 For that period, the Philippines is seen importing...

Amended Public Service Act fails to attract foreign shipowners so far

No foreign shipowner has so far applied to operate in the Philippine domestic trade following amendment of the Public Service Act Maritime Industry...

DOF seeks cut in rice tariff, exemption of trucks from higher toll fees

The Department of Finance is proposing a temporary cut in rice tariff to zero to a maximum of 10% from the current 35%...