THE national average retail price of well-milled rice in late December was P54.68 per kilogram (kg), according to the Philippine Statistics Authority (PSA). Rice prices rose 0.97% during the Dec.…
Economy
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THE Philippine Economic Zone Authority (PEZA) said it is seeking “nontraditional” countries of origin for economic zone investments. “Ang strategy kasi ng PEZA is how we can diversify ’yung basket…
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THE Energy Regulatory Commission (ERC) and the Department of Energy (DoE) are preparing to release omnibus rules on consumer choice programs in the retail electricity market. “We have included the…
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THE Energy Regulatory Commission (ERC) said it will not allow power distributors to recover costs from consumers if they have failed to file or win approval for their power…
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A BILL seeking to grant tax cuts to parents of children with special needs has been filed at the House of Representatives. The proposed law seeks to “alleviate the financial…
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THE PHILIPPINE Economic Zone Authority (PEZA) said ease of doing business considerations are a major factor when locators pick their global manufacturing hubs. “This is a big deal especially for…
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THE Philippine Statistics Authority (PSA) said the sign-up numbers for the national ID, also known as the Philippine Identification System (PhilSys) are 10% below the target of 92 million for…
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By Adrian H. Halili, Reporter LIVESTOCK and poultry production are expected to decline next year with imports admitted under lower tariffs discouraging producers from expanding, according to the Philippine Chamber…
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THE extension of reduced tariffs on key food products will help mitigate inflation, but the Philippines will ultimately need to improve agricultural output, according to the National Economic and Development…
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CONSUMPTION will once again be the primary driver of economic expansion in 2024 as the threat from inflation recedes, Finance Secretary Benjamin E. Diokno said. The Development Budget Coordination Committee…