Tourists from China are welcomed at the Ninoy Aquino International Airport Terminal 1 in Pasay City. XINHUA/ROUELLE UMALI FILE PHOTO

China remains an ‘important market’ in PH tourism – DOT

DESPITE ongoing tension in the South China Sea, the Department of Tourism (DOT) said the Chinese market continues to make a significant contribution to...
Agriculture Secretary Francisco Tiu Laurel Jr. and Department of Trade and Industry (DTI) Secretary Cristina Roque lead a joint-market inspection at the Mutya ng Pasig Mega Market in Pasig City on Thursday, Jan. 16, 2025. PNA PHOTO BY STEPHANIE SEVILLANO

DA eyes P50/kg MSRP on imported rice in March

AGRICULTURE Secretary Francisco Tiu Laurel Jr. said the P58 per kilogram (kg) maximum suggested retail price (MSRP) on imported rice is just an initial...

Dagooc: Delayed regulatory approvals cause high electricity bill, unfair to blame it on NGCP

A lawmaker asserted that delayed regulatory approvals are causing the high electricity prices being experienced by consumers, emphasizing that it is unfair to blame...
The Land Transportation Franchising and Regulatory Board supports the need to legalize motorcycles-for-hire, saying that this mode of transportation will fill the gaps of the "imperfect" land transportation system. DANNY PATA PHOTO

LTFRB chief: Motorcycle taxi law to fix transport system gaps

LAND Transportation Franchising and Regulatory Board (LTFRB) Chairman Teofilo Guadiz III urged the passage of a law that would regulate the motorcycle ride-hailing sector,...
The Philippine peso ended the first trading day of the week at 57.9 against the US dollar, 18 centavos stronger than its previous closing. INQUIRER.NET STOCK IMAGE

Peso may breach 60 to $1 if Trump’s policies shock market – Fitch unit

THE Philippine peso may breach the P60 per US dollar level if the protectionist policies promised by incoming US President Donald Trump take markets...
As of end-November 2024, the Philippines’ sovereign debt hit a record-high of P16.09 trillion, up 0.4% from the P16.02 trillion debt stock as of end-October 2024. GMA NEWS ONLINE PHOTO

PH eyes to hike domestic borrowings share in sovereign debt mix to 80%

THE Philippine government is planning to increase the share of local borrowings in the sovereign debt mix as part of the Marcos administration’s strategy...
The Securities and Exchange Commission has again reminded delinquent firms to file their reports. PHOTO FROMSEC WEBSITE

SEC tightens disclosure rules on auditor fees

COMPANIES are now required to disclose how much they pay their external auditors to enhance transparency and accountability in their reports. The Securities and Exchange...
The Bureau of the Treasury says that of the national government's P15.017-trillion debt stock as of end-April 2024, domestic debt accounted for 68.64% or P10.308 trillion – a 0.30% increase from P10.277 trillion the month prior. BUREAU OF THE TREASURY PHOTO

Gov’t raises P30-B from T-bonds auction

THE government raised P30 billion from the Treasury bonds (T-bonds) auction on Tuesday, January 14. The Bureau of the Treasury (BTr) fully awarded the reissued...

NGCP not solely to blame for project delays, DOE admits

The Department of Energy (DOE) has admitted that NGCP is not solely responsible for delays in various transmission projects. Energy Undersecretary Sharon Garin explained that...
Toyota Motor Philippines Corp. held a 46.66% market share in 2024. TOYOTABATAAN.COM PHOTO

Over 467,000 vehicles added to Philippine streets in 2024

OVER 467,000 vehicles were added to Philippine streets in 2024 with sales growth expected to be sustained this year, data released by the Chamber...