PHL enjoys ‘growing reputation’ for fiscal transparency — survey
THE PHILIPPINES emerged as a top performer in Southeast Asia for fiscal transparency, according to a survey conducted by the International Budget Partnership (IBP),...
‘Slum’ share of PHL urban housing estimated at 40%
LOW-QUALITY Philippine urban housing was estimated at 40% of the total, higher than the corresponding shares for India or Indonesia, the Asian Development Bank...
BCDA positioning Bataan as site for EV-charger manufacturing
THE Bases Conversion and Development Authority (BCDA) said it evaluated the 200-hectare Morong Discovery Park in Bataan for its potential to host electric vehicle...
Regulatory mismatches hindering biofuel industry dev’t — think tank
THE Congressional Policy and Budget Research Department (CPBRD) of the House of Representatives said protectionism and rigid regulations are causing bottlenecks in the bioethanol...
MIC books P623-M net income in first quarter
PHILIPPINE sovereign wealth fund manager Maharlika Investment Corp. (MIC) posted a net income of P628.85 million in the first quarter.
The state-run investment vehicle booked...
Safeguard duties imposed on imported meat, coffee, onions
THE Department of Agriculture said it imposed price-based special safeguard measures on 21 agricultural product categories, after import prices fell below established trigger levels.
In...
ADB willing to fund Mindanao Railway Project
THE ASIAN Development Bank (ADB) said it is ready to finance the Mindanao Railway Project, with the long-delayed rail line still needing a source...
Modest DPWH budget request for 2027 signals flagship-project focus as gov’t prepares to exit
THE Department of Public Works and Highways (DPWH) said on Wednesday it is seeking about P215 billion in funding for 2027, with P200 billion...
BSP warned against taking ‘aggressive’ policy stance during Middle East crisis
THE Bangko Sentral ng Pilipinas (BSP) should avoid aggressive policy tightening and keep its stance balanced between controlling inflation and supporting growth, an economist said.
PHL’s much-reduced GOCC lineup still enmeshed in strategic sectors — OECD
THE PHILIPPINES has seen a sharp decline in the number of its state-owned enterprises (SOEs) over the past decade, though remaining government firms continue...
Visayas grid hit with another yellow alert
THE VISAYAS GRID was again placed under yellow alert on Wednesday due to the shutdown of several power plants, with industry groups raising concerns...
China bans PHL pork imports over swine fever
CHINA has banned imports of pigs, wild boars, and related products from the Philippines following reports of swine fever outbreaks received by the World...