Dairy industry expected to hit 5% sufficiency rate by 2028
THE dairy industry expects to meet its 5% liquid milk self-sufficiency target by 2028, backed by expanded funding and foreign partnerships, the National Dairy...
PHL Islamic finance could benefit from Gulf, ASEAN collaboration, Fitch says
THE Philippine Islamic finance industry could accelerate its expansion by collaborating with partners in ASEAN and the Gulf, Fitch Ratings said in a report.
“Development...
PHL needs more climate adaptation, resilience funding as disasters worsen — CIIP
SINGAPORE — The Philippines needs to mobilize more private and philanthropic funding for climate adaptation and resilience (CA&R), particularly to support local communities on the frontlines of extreme heat and flooding, according to the Centre for Impact Investing and Practices (CIIP), a Singapore-based nonprofit.
More grid alerts expected as El Niño progresses
THE Department of Energy (DoE) is projecting more grid alerts in the second half of the year, as the El Niño dry spell takes...
Pax Silica envoy signals US delegation’s interest in LEC hub
MORE than a dozen companies are exploring investments in the Luzon Economic Corridor’s (LEC) planned artificial intelligence (AI) hub in Tarlac, officials said on...
NFA hits only 4.2% of palay procurement target
THE National Food Authority (NFA) said it managed to procure palay (unmilled rice) equivalent to 4.2% of its target in the year to date...
New Budget chief set for swearing in
PRESIDENT Ferdinand R. Marcos, Jr. appointed University of the Philippines (UP) assistant professor Kim Robert C. de Leon as the new budget secretary, replacing...
BoI’s Rodolfo meets with Israeli tech, blue-economy companies
CEFERINO S. RODOLFO, Board of Investments (BoI) managing head and Trade undersecretary, met in Tel Aviv with Israeli technology, cybersecurity, semiconductor, and blue-economy companies...
PHL smallholder farmers need more freedom to use, lease land — ex-official
THE AGRICULTURE industry suffers from lack of scale stemming from restrictive land policies, as well as insufficient infrastructure, causing it to lag neighbors like...
BagoSphere hoping to train 500,000 frontline SEA workers on human capabilities by 2035
SINGAPORE — BagoSphere, a Singapore-headquartered workforce training company, is looking to train 500,000 frontline workers across five Southeast Asian (SEA) countries by 2035, with the aim of helping employees keep up with the global artificial intelligence (AI)-driven economy.
Budget release rate hits 74.4% in April
THE Department of Budget and Management (DBM) said it had released 74.4% of the original budget program for 2026 by the end of April.
According...
ERC, BIR urged to remove system loss on power bills from VAT calculation
THE Energy Regulatory Commission (ERC) and the Bureau of Internal Revenue (BIR) were urged at a Senate hearing to remove the system loss on...