Budget preparations declared on track
THE Department of Budget and Management (DBM) said budget preparation activities are proceeding according to its timetable, keeping it on track to submit the...
PHL to align agri-fisheries policy with WTO pact
THE Department of Agriculture (DA) said the Philippines is moving to align its fisheries policies with a global agreement curbing harmful subsidies in the...
How tax and incentives policy responded to the energy shock
By Noel Andro D. Bico
In early 2026, the Philippines found itself at the sharp end of a global energy shock. Conflict in the Middle East and the temporary closure of the Strait of Hormuz disrupted the global oil trade, sharply raising energy prices across global markets.
Economic target adjustments likely due to energy shock, Balisacan says
THE GOVERNMENT will adjust its economic targets due to inflationary and growth pressures stemming from the Middle East war, Economy Secretary Arsenio M. Balisacan...
Inventory buildup at micro-retailers reflects expectations of price shocks — Packworks
MICRO-RETAILERS as well as consumers are stocking up on basic goods in anticipation price hikes and longer delivery times as a consequence of the...
PEZA, Schneider Electric to boost capacity-building in economic zones
THE Philippine Economic Zone Authority (PEZA) said it signed a memorandum of understanding (MoU) with Schneider Electric Philippines to boost capacity-building for locators operating...
NCR economy grows 4.4% in 2025, weakest in 5 years
GROWTH in Metro Manila’s economic output slowed to a five-year low of 4.4% in 2025, dragged down by the flood control scandal and severe...
Budget utilization rate hits 98.5% at end of March
GOVERNMENT AGENCIES posted a budget utilization rate of 98.5% in March, behind the year-earlier pace of 99%, the Department of Budget and Management (DBM)...
Calabarzon working to ‘localize’ Trabaho Para Sa Bayan strategy
By Erika Mae P. Sinaking, Reporter
CALAMBA, Laguna — Regional economic and employment planners said they are working to make a nationwide government livelihood plan...
Agriculture dep’t forms office to manage World Bank programs
THE Department of Agriculture (DA) said it created a dedicated project management office (PMO) to oversee two World Bank-supported programs.
In Department Order No. 13,...
Fish landed at regional ports up 15% in March
THE Philippine Fisheries Development Authority (PFDA) said fish landed at regional fish ports totaled 50,608 metric tons (MT) in March, up 15.62% from a...
PHL, Malaysia smooth over diesel-sourcing gaffe
THE PHILIPPINES and Malaysia reaffirmed their intent to cooperate on energy after clarifying the sourcing of shipment of diesel, which was obtained from a...