THE Department of Agriculture (DA) said in a statement that it will set aside P30.87 billion from its 2024 budget for the National Rice Program. The DA’s overall budget for…
Economy
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THE Department of Environment and Natural Resources (DENR) said it will take time before the Verde Island Passage is protected by legislation. “We are still a bit far from reaching…
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THE Department of Energy (DoE) said the Philippines is on track to hit its target for the increased share of renewable energy (RE) in the power generation mix, to 35%…
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THE PHILIPPINES was named one of the top climbers of the decade following the release of the Global Innovation Index (GII) 2023, in which it placed 56th out of 132…
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A HOUSE of Representatives think tank has warned of runaway inflation if the government of President Ferdinand R. Marcos, Jr. fails to rein in spending. “Given the present level of…
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THE Board of Investments (BoI) said Japanese investors are attracted by the liberalization program underway in the Philippines, but expressed concerns regarding ease of doing business issues. In a statement…
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THE Maharlika Investment Corp. (MIC) has received at least eight applications since the candidate search for the sovereign wealth fund began, Budget Secretary Amenah F. Pangandaman told reporters on Wednesday.…
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THE Department of Trade and Industry (DTI) said it expects the creative industry to post double-digit growth in the next three years. Rafaelita M. Aldaba, undersecretary for the DTI’s competitiveness…
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By Ashley Erika O. Jose, Reporter DEMAND for sustainable aviation fuel (SAF) is expected to grow in the coming years as it becomes cheaper when fuel companies scale up production,…
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INITIAL construction work started on Wednesday on a P7.5-billion vaccine manufacturing facility, which would be the Philippines’ first, the Board of Investments (BoI) said. “When we were negotiating the Philippine-Korea…