Higher biodiesel blend to start in October
THE Department of Energy (DOE) announced yesterday the downstream oil industry players will increase their biodiesel mix by October this year.
Under Department Circular 2024-05-0014,...
Pag-IBIG Members save record-high P28.75B in Q1 2024, up 36%; MP2 Savings reach P15.56B,...
In the first quarter of 2024, Pag-IBIG Fund members collectively saved a record P28.75 billion, setting the highest amount ever saved in the agency's...
BSP says rate cut possible in August
THE Monetary Board of the Bangko Sentral ng Pilipinas (BSP) decided to keep policy rates for the fifth straight meeting but hinted at the...
Gov’t imposes electronic invoicing of imported goods
PRESIDENT Ferdinand Marcos Jr. has ordered the implementation of a digital and integrated pre-border technical verification and cross-border electronic invoicing of all imported commodities.
Signed...
Marcos brings back state crop insurer to DA
PRESIDENT Ferdinand Marcos Jr. has issued an executive order transferring the Philippine Crop Insurance Corp. (PCIC) back to the Department of Agriculture (DA).
To recall,...
Foreign investment commitments down 63.6% in Q1 – PSA
THE amount of foreign investment pledges secured by the Philippines saw a double-digit decline in the first quarter of 2024, the Philippine Statistics Authority...
DOUBLEDRAGON TO OPEN 50TH CITYMALL IN ANTIQUE
DoubleDragon is set to open its 50th CityMall in Antique province in the first half of 2024. The opening of the CityMall Antique will...
Ban on power disconnections in May eyed amid intense heat
THE Energy Regulatory Commission (ERC) is studying the possibility of ordering electric cooperatives and utilities not to disconnect consumers who are unable to pay...
Foreign investment commitments down 63.6% in Q1 2024 – PSA
THE amount of foreign investment pledges secured by the Philippines saw a double-digit decline in the first quarter of 2024, the Philippine Statistics Authority...
Mixed movements in fuel prices seen next week
Motorists should expect mixed movements in the pump prices of petroleum products in the coming week.
Citing oil trading in the past four days, Department...