RETAIL PRICE growth of construction materials in the National Capital Region (NCR) was 6.8% in the first half, the highest level in 13 years, the Philippine Statistics Authority (PSA) said.…
Category:
Economy
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THE Philippine Iron and Steel Institute (PISI), an industry lobby, said substandard steel products continue to proliferate, noting the widespread destruction caused by the recent northern Luzon earthquake. PISI President…
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FILINGS for intellectual property protection rose by 1.6% year on year in the first six months of 2022 amid a relaxation of quarantine restrictions, according to the Intellectual Property Office…
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A SENATE bill is proposing to develop the handloom weaving industry and make its products more globally competitive. Senate Bill 241 or the proposed Philippine Handloom Weaving Industry Development Act…
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THE World Bank (WB) has expressed its intention to support the digitalization of Philippine government services en route to restructuring the bureaucracy, the Department of Finance (DoF) said. “I am…
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FITCH SOLUTIONS Country Risk and Industry Research said it raised its 2022 gross domestic product (GDP) growth forecast for the Philippines to 6.6%, citing its better-than-expected economic performance in the…
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THE Trade department is in discussions to help bring down fertilizer prices for farmers, an official said on Thursday. “Regarding initiatives related to making fertilizer more affordable, discussions are ongoing,”…
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THE Asian Development Bank (ADB) has expressed its support for the Philippines’ efforts on climate mitigation, expanding employment, and developing infrastructure, the Department of Finance (DoF) said. “I am very…
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THE energy efficiency industry said it is seeking to carve out an explicit role for itself in the Department of Energy’s (DoE’s) plans to achieve energy security and decarbonize the…
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THE process of making food more affordable goes hand-in-hand with upgrading the quality of jobs available in the broader economy, particularly among agricultural workers, who are among the country’s poorest,…