The Energy department says using electric motorcycles helps avoid around 8.5 kilograms of carbon dioxide compared to internal combustion engine motorcycles. PHOTO COURTESY OF INQUIRER.NET

DOE reiterates support for e-motorcycles inclusion in import tax breaks

THE Department of Energy (DOE) has backed calls for the inclusion of electric motorcycles in import tax breaks. During a public hearing on the review...
The Department of Trade and Industry says the value of full-year exports of goods and services was up 4.8 percent in 2023. Photo shows the Manila International Container Terminal. ICTSI PHOTO

Exports hit record $103.6 billion in 2023 – DTI

PHILIPPINE exports hit a record $103.6 billion in 2023. The Department of Trade and Industry (DTI) said the value of full-year exports of goods and...
Laborers are busy working in a factory at the Mactan Export Processing Zone (MEPZ) in Lapu-Lapu City, Cebu. MEPZ WORKERS ALLIANCE/FACEBOOK PHOTO

Material shortages clipped PH factory output in March

PHILIPPINE manufacturing output contracted for the first time since July 2022 as factories grappled with material shortages that hampered production. A monthly survey of 400...
Workers inspect an electric meter installed above ground in Manila on January 11, 2024. MARK DEMAYO/ABS-CBN NEWS PHOTO

PH has enough power supply amid El Niño – DOE

THE Department of Energy (DOE) said the Philippines has adequate power supply so far as the country has yet to breach its peak demand...
Locally-sourced galunggong are sold for an average of P288.81 per kilo while imported galunggong are sold at P180 per kilo. GEORGE CALVELO/ABS-CBN NEWS PHOTO

DA suspends issuance of import clearances for ‘galunggong,’ other fish

AGRICULTURE Secretary Francisco Tiu Laurel Jr. has suspended the issuance of import clearances for round scad (galunggong), mackerel and bonito. Laurel said galunggong, bonito and...
The five railway projects under the Marcos Jr. administration include the Metro Manila Subway Project, North-South Commuter Railway System and Mindanao Railway Project, among others. PHOTO COURTESY OF ABS-CBN NEWS

Panel to oversee right-of-way issues affecting railway projects

PRESIDENT Ferdinand Marcos, Jr. has ordered the creation of a panel that would oversee right-of-way issues affecting railway projects in the country. Under Administrative Order...

MORE Power’s bill deposit refund initiative continues

NEARLY a year since its inception in June 2023, MORE Electric and Power Corporation's (MORE Power) initiative to refund bill deposits to consumers who...
Petron Corp. cuts liquefied petroleum gas prices by P1 per kilogram effective 12 noon on Monday, April 1. AJ PALCULLO/PN

Petron rolls back LPG price by P11 per 11-kg cylinder

PETRON Corp. slashed the price of its liquefied petroleum gas (LPG) product after implementing increases for three consecutive months this year. In its advisory, Petron...
Securities and Exchange Commission. ABS-CBN News

SEC jacks up penalty for late filing of reports by 900%

AFTER 22 years, the Securities and Exchange Commission (SEC) has raised penalties for companies that will be late in filing requirements set by the...
The Bangko Sentral ng Pilipinas says prices of townhouses increased by 0.9% in the fourth quarter of 2023. BOOKING.COM PHOTO

PH residential real estate prices up 10.9% in 2023 – BSP

RESIDENTIAL real estate prices of housing units in the Philippines climbed by double digits in 2023 mainly driven by higher prices of single-detached or...