The state-of-the-art National Food Authority Modernized Rice Processing Center in Dumangas, Iloilo was the first to be completed among the 36 modernized post-harvest sites nationwide. PHOTO COURTESY OF BALITA HALIN SA KAPITOLYO

DA: P10-B allotted for rice processing modernization

A TOTAL of P10.363 billion has been committed to modernize rice processing as the government seeks to ramp up rice procurement, the Department of...
The Department of Finance and the International Monetary Fund are optimistic that the Philippine economic growth will accelerate to over 6 percent this year and in 2026. Photo shows high-rise buildings as seen from Torre de Manila on Jan. 14, 2025. PNA PHOTO BY YANCY LIM

IMF: Reforms to help unlock PH’s significant growth potential

REFORMS to raise productivity, attract private investments and improve education will help unlock the country’s significant growth potential, the International Monetary Fund (IMF) said. “Priorities...

AS Watson Delivers 10% Global Health Growth Powered by 3,300+ Pharmacists Advancing Preventive Healthcare...

On World Pharmacists Day, AS Watson, the parent company of Watsons Philippines, celebrates the contribution of more than 3,300 pharmacists and nearly 10,000 health...
The Philippine government is eyeing to plant 100 million coconut trees by 2028 to boost the country's coconut industry. This 2026, the Philippine Coconut Authority expects a 5% increase in coconut production. PHOTO FROM AGRI INFO DAVAO

Malaysia explores Davao coconut shells as alternative fuel

BORNEO New Energy Company from Malaysia is eyeing coconut shells from Davao as an alternative energy resource, the Department of Agriculture (DA) Region 11...
The geothermal power plant in Valencia, Negros Oriental. An energy executive expressed optimism during a media interview on Thursday, Sept. 24, 2026, regarding expanded opportunities for the geothermal power sector, driven by the P10.7-billion Philippine Geothermal Resource De-risking Facility. PNA file photo by Mary Judaline Flores Partlow

Energy exec bullish on geothermal growth with new de-risking facility

An executive from a renewable energy firm has expressed optimism for the growth of the Philippines’ geothermal energy sector following the establishment of the...
A Petron gasoline station worker in Mali-ao, Pavia, Iloilo attends to clients. A fuel firm executive on Friday, Sept. 25, 2026, said diesel prices may roll back up to P7.50 per liter, while gasoline prices may also dip by 50 centavos to P1 per liter next week. PN PHOTO

Diesel may drop by P7/liter next week

LOCAL fuel prices may drop next week, September 29, as optimism grows for a supply increase and a potential renewal of peace talks between...
The IT and Business Process Association of the Philippines expects business process outsourcing employment to expand by 2.6 percent, or about 50,000 additional jobs, this 2026. A similar 2.6-percent increase in employment is projected for 2027. ERICO ARIS AUMENTADO/FACEBOOK PHOTO

DESPITE PRESSURE FROM AI, COMPETITION BPOs see $45B in revenues within reach by 2027

PHILIPPINE business process outsourcing companies are confident they can deliver $45 billion in revenues next year, even as the dollar-earning sector faces compounding pressures...

DHL Express announces annual price adjustments for 2027 in the Philippines

Manila — DHL Express, the world’s leading international express services provider, announced price adjustments today that will take effect on January 1, 2027. The...
The Department of Energy, with its partner agencies, regularly conducts inspections of all business establishments that sell liquefied petroleum gas (LPG) to ensure their facilities and LPG products adhere to the guidelines outlined in the Republic Act 11592 or the LPG Industry Reform Acts of 2021. FILE PHOTO COURTESY OF DOE

LPG, kerosene tax cut possible next week – DOF

The suspension of excise on kerosene and liquefied petroleum gas (LPG) could take effect as early as next week and last until the end...
The Bangko Sentral ng Pilipinas says that under its Circular 1230 issued on Feb. 27, 2026, depositors may withdraw up to P1 million without enhanced due diligence. PHOTO COURTESY OF BOMBO RADYO CAUAYAN

Minimum capital raised to P1B: BSP tightens rules on digital-centric banks

The Bangko Sentral ng Pilipinas (BSP) is tightening capital and prudential requirements for thrift, rural and cooperative banks that are shifting toward digital banking...