The Bureau of Customs, through its Intellectual Property Rights Division, seized counterfeit goods worth approximately P11 billion during an operation in Binondo, Manila on June 14, 2024. The counterfeit items included brands such as Gucci, Chanel, Louis Vuitton, Nike, Rolex, Apple, Hermes, Guess, Vans, Santa Cruz, and Dior. BUREAU OF CUSTOMS PHOTO

Greenhills mall still lone Philippine establishment in US counterfeit list

THE United States Trade Representative (USTR) has kept Greenhills Shopping Center, a popular mall in Metro Manila, on its watchlist for markets tagged for...
The Bureau of Treasury acts as principal custodian of the financial assets of the national government, its agencies and instrumentalities. ABS-CBN NEWS PHOTO

BTr upsizes award of Treasury bills

THE Bureau of the Treasury (BTr) raised more than the initially offered amount in its Treasury bills (T-bills) auction on Monday, January 13. The Auction...
Department of Energy Undersecretary Rowena Guevara says the Philippines will need 52.8 gigawatts of new renewable energy (RE) installed capacity in the next 20 years to hit its RE targets. DOE PHOTO

PH calls for energy transition support from oil-producing countries

THE Philippines has called on oil-producing countries to ramp up their support in the energy transition initiatives of developing countries like the Philippines that...
The price of rice to be sold per kilo to local government units will be determined at a meeting of the NFA Council. GMA INTEGRATED NEWS/FILE PHOTO

NFA: Around 500,000 sacks of aging rice to be sold in LGUs

APPROXIMATELY 500,000 sacks of aging rice are set to be sold in local government units (LGUs) in Metro Manila for a cheaper price, the...
Iloilo City Realtors Board’s new set of officers and board of directors for 2025 are led by President Doris G. Quisido and Vice President Nerissa A. Besol.

Iloilo City Realtors Board new officers take oath

THE newly elected officers and board of directors of the Iloilo City Realtors Board took their oath on Saturday, January 11, at Sam’s 21...
Oil companies will hike prices per liter of gasoline and diesel by P0.80 and kerosene by P0.10. PHOTO COURTESY OF DZRH

Fresh round of fuel hikes set today

OIL companies will implement another wave of fuel price hikes of nearly P1 a liter beginning today. In separate advisories yesterday, January 13, Petron, Shell...
Philippine Deposit Insurance Corp. president and CEO Roberto Tan says his agency had completed a study that recommended hiking the current maximum deposit insurance coverage of P500,000 per depositor per bank. PDIC PHOTO

PDIC to hike bank deposit protection

THE Philippine Deposit Insurance Corp. (PDIC) is set to announce an expanded insurance coverage for bank deposits in the first half of 2025 to...
A report recently released by the United Nations Department of Economic and Social Affairs said Philippine economic growth will likely accelerate to 6.1 percent this year and 6.2 percent in 2026. Photo shows the skyline and business district of Bonifacio Global City in Taguig City. PNA PHOTO BY JOAN BONDOC

UN report: PH one of strongest performers in Southeast Asia

PHILIPPINE economic growth is expected to accelerate this year and in 2026, making the country one of the strongest performers among Southeast Asian economies,...

Celebrate back-to-back major festivals with The Ascott Limited Philippines

Manila, Philippines - Save the date and mark January 19 and 24 on your calendars this year, and look forward to the incredible Sinulog and...
Tourists flock to Daku Island in Siargao Island, Surigao Del Norte. MARK DEMAYO/ABS-CBN NEWS FILE PHOTO

PH sees all-time high int’l tourist revenues

THE Philippine tourism industry saw all-time high visitor revenues from international tourists in 2024 at P760 billion, the Department of Tourism (DOT) said. In a...