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Friday, December 6, 2024

Business

Gov’t vows to further cut rice prices to tame inflation

Agriculture Secretary Francisco Tiu Laurel Jr. on Thursday committed to further reducing rice prices following the release of inflation data showing the benefits of lower rice costs for impoverished Filipinos. The Department of Agriculture (DA) launched on Thursday the Rice-for-All program across Metro Manila, offering rice at P40 per kilogram under the KADIWA ng Pangulo initiative. “If international rice prices keep falling, the peso remains stable, and tariffs stay low, well-milled...

Philippine tobacco tax hits ‘prohibitive range,’ says US economist

A leading American economist warned that the Philippines’ tobacco excise tax rate...

Reserve market billing to raise 2025 power rates

The Energy Regulatory Commission (ERC) approved the collection of P3.05 billion from...

Rail lines asked to adjust schedule amid holiday rush

The Department of Transportation (DOTr) adjusted the operations schedule of major rail...

PH real estate still tenant-friendly, third most affordable in Asia-Pacific

The Philippine office real estate market is increasingly becoming a tenant’s market,...

IEMOP: WESM rates rise amid lower supply margins

The average system-wide electricity prices at the Wholesale Electricity Spot Market (WESM)...

Gov’t vows to further cut rice prices to tame inflation

Agriculture Secretary Francisco Tiu Laurel Jr. on Thursday committed to further reducing rice prices following the release of inflation data showing the benefits of lower rice costs for impoverished Filipinos. The Department of Agriculture (DA) launched on Thursday the Rice-for-All program across Metro Manila, offering rice at P40 per kilogram under the KADIWA ng Pangulo initiative. “If international rice prices keep falling, the peso remains stable, and tariffs stay low, well-milled...

Philippine tobacco tax hits ‘prohibitive range,’ says US economist

A leading American economist warned that the Philippines’ tobacco excise tax rate...

Reserve market billing to raise 2025 power rates

The Energy Regulatory Commission (ERC) approved the collection of P3.05 billion from...

Rail lines asked to adjust schedule amid holiday rush

The Department of Transportation (DOTr) adjusted the operations schedule of major rail...

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DOE’s green energy auction moved to 2025

The Department of Energy said Thursday the planned Green Energy Auction (GEA-3) involving 4,475 megawatts of new renewable energy capacity, covering both non-feed in...

AboitizPower unit energizes 45MWp solar plant in Tarlac province

Aboitiz Power Corp. (AboitizPower), through its renewable energy arm Aboitiz Renewables Inc. (ARI), recently energized the 45-megawatt peak (MWp) Armenia Solar Project in Tarlac,...

DTI to consumers: Buy only certified lights, fireworks

The Department of Trade and Industry (DTI) on Thursday reminded consumers to prioritize safety by purchasing only certified Christmas lights and fireworks as the...

PIDS proposes nutrition budget tagging for effective allocation

Malnutrition impairs the physical and mental development of children, affecting their quality of life, and eventual productivity and participation in society. Addressing malnutrition is still...

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