Maharlika Investment Corporation president and chief executive officer Rafael Jose "Joel" Consing. INQUIRER PHOTO

Maharlika set to announce first investments in 3-4 months: chief

THE Maharlika Investment Corporation (MIC) is set to announce the first few projects it will be funding in the next few months. Speaking on ANC's...

PEZA OKs 12 projects worth P2.21B in January

THE Philippine Economic Zone Authority (PEZA) approved P2.21 billion worth of new and expansion projects in the first month of 2024. PEZA said the 12...
Retail prices for medium-sized eggs range from 6.80 to 8.50 in Metro Manila. ABS-CBN NEWS PHOTO

Egg prices drop amid low demand, group says

THE farmgate price of small eggs has gone down to as low as P4 amid the dip in demand and increased supply, according to...
Energy Regulatory Commission chair Monalisa Dimalanta says if the downtrend in average spot market prices continues, consumers could expect lower power bills this year. PHOTO COURTESY OF ABS-CBN NEWS

Electricity rates tipped to decline

CONSUMERS may see lower electricity rates this year, but only if average spot market prices continue the downtrend observed in 2023, according to the...
The lifting of the closed fishing season for round scad in Northern Palawan will result in a boost in supply for the fish in the local market. RAPPLER PHOTO

Fish prices likely to go down in coming weeks – BFAR

FISH prices are likely to go down in the coming weeks following the lifting of the closed fishing season for round scad (galungggong) in...
The Philippines has been promoting Cebu and Clark, and has been urging airline companies to fly to local destinations with good airports and tourist destinations. Photo shows the Clark International Airport. CLARK INTERNATIONAL AIRPORT FB PHOTO

Clark airport eyes 4-M tourists in 2024 as NAIA braces for rehab

THE Clark International Airport Corporation (CIAC) is eyeing to serve 4 million passengers this year, which is more than double its passenger count in...
Onion production for 2024 is projected at over 300,000 metric tons, according to the Department of Agriculture. GMANETWORK.COM PHOTO

DA expects onion production to stand at 300K MT in 2024

The Department of Agriculture (DA) is expecting a “positive” local onion production this year. The volume of onion production for 2024 is projected at over...
Department of Labor and Employment secretary Bienvenido Laguesma. PHOTO COURTESY OF INQUIRER.NET

Service Charge Law to cover ‘more employees’ — DOLE

THE Department of Labor and Employment (DOLE) gave details of the revisions to the implementing rules and regulations (IRR) for the Service Charge Law. "The...
Senior citizens wait to receive their cash gifts at the San Juan City Hall Atrium on Nov. 22, 2022. JONATHAN CELLONA/ABS-CBN NEWS PHOTO

Some businesses oppose removal of booklet system for senior citizens

SOME businessmen are opposing moves to do away with the booklet used in monitoring discounted purchases of senior citizens and persons with disability. It added...
Firefighters extinguish oil tanks at a storage facility that local authorities say caught fire after the military brought down a Ukrainian drone, in the town of Klintsy, Bryansk Region in Russia on Jan. 19, 2024, in this still image taken from video. The Department of Energy said the uptrend in fuel pump prices in the Philippines could be attributed to the drone attack. RUSSIAN EMERGENCIES MINISTRY/HANDOUT VIA REUTERS/FILE PHOTO

Fuel prices seen to go up big-time again next week

PUMP prices of petroleum products are expected to go up for another round next week, which could mark the fifth straight week of upward...