Fuel firms slashed the per liter prices of gasoline, diesel and kerosene on Tuesday, Feb. 13. Department of Energy-Oil Industry Management expected fuel price increases next week. MARK DEMAYO, ABS-CBN NEWS/FILE PHOTO

Fuel price rollback takes effect today

PUMP prices of fuel products will be rolled back today, marking the third straight week of cuts for gasoline, and the fourth for both...
The United Sugar Producers Federation says the ongoing El Niño phenomenon created exceptionally dry conditions that affected sugar production. CHOY LANDO PHOTORAPHY/FACEBOOK PHOTO

Sugar producers: Imports can cover El Niño-rainy season gap

UNITED Sugar Producers Federation president Manuel Lamata supported the decision to import sugar during the “gap” between the El Niño and the rainy season. In...

Fil-Chi group worries restrictive visa policy may discourage Chinese investors

A FILIPINO Chinese business group expressed concern over the plans of the Department of Foreign Affairs (DFA) to impose stricter visa policies for Chinese...
The Civil Aviation Authority of the Philippines (CAAP) engaged in its Third Coordination Meeting with the Civil Aviation Authority of Singapore on May 8. CAAP also welcomed a delegation of seven representatives from Singapore, including Air Traffic Management Senior Chief Magnus Teo and Air Traffic Control Centre Senior Chief Yeo Khung Hui. CIVIL AVIATION AUTHORITY OF THE PHILIPPINES PHOTO

MOU further liberalizes air services between PH, Singapore

THE Philippines and Singapore on May 9 signed a memorandum of understanding (MOU) to upgrade air connectivity between the two countries. In a statement on...
Department of Environment and Natural Resources secretary Ma. Antonia Yulo-Loyzaga says the country generated P160 billion in the production of copper, gold and nickel for 2023 alone. Photo courtesy of ABS-CBN News, DENR

BOI sees three more nickel processing plants in PH by 2028

THREE more nickel processing plants are expected to be built in the Philippines within the term of President Ferdinand R. Marcos Jr., a Trade...
Social Security System (SSS) President and Chief Executive Officer Rolando Ledesma Macasaet (right) signs the Memorandum of Agreement for the creation of the Maritime Industry Tripartite Council organized by the Department of Migrant Workers. Also in photo are (from left) Transportation Secretary Jaime J. Bautista and Labor Secretary Bienvenido E. Laguesma.

SSS pushes for social security protection of seafarers

THE Social Security System (SSS) assured the social security coverage of all Filipino seafarers and maritime professionals as labor groups, manning agencies, ship owners,...
Philippine Amalgamated Supermarket Association, composed mostly of small and medium-sized supermarket, says they will hold prices of select basic commodities at bay until July 10, 2024. PHOTO COURTESY OF ABS-CBN NEWS

Supermarket sector to support 2-month price hike moratorium

THE Philippine Amalgamated Supermarket Association (PAGASA) assured that its members nationwide will not implement price adjustments on goods sold by food manufacturers that committed...
The Bangko Sentral ng Pilipinas says banks’ consumer loans to residents went up by 25.4 percent in March this year from a growth rate of 25.2 percent in February. VEEJAY VILLAFRANCA/BLOOMBERG PHOTO

Bank lending, domestic liquidity up in March

BANK lending of universal and commercial banks (U/KBs) and domestic liquidity grew at a faster pace in March this year. Preliminary data released by the...

DENR to digitize, shorten permit process for mining

THE Department of Environment and Natural Resources (DENR) said it will digitize and shorten the permitting process for mining to allow the country to...

DoubleDragon’s total equity is set to exceed P100B for first time in 2024

DOUBLEDRAGON Corporation is expected to exceed P100 billion in total equity for the first time this year. The company is positioned to become one...