Finance Secretary Benjamin Diokno says the government raised USD1.26 billion from the retail dollar bonds 2 issuance. The amount is higher than the initial USD1 billion goal. PNA FILE PHOTO

Gov’t raises $1.26B from retail dollar bonds 2

THE Philippine government has raised USD1.26 billion from the issuance of the second tranche of the Retail Dollar Bond (RDB 2). Launched on Sept. 27...
LUMAGUI. BIR PHOTO

BIR says small farmers exempted from issuing receipts

THE Bureau of Internal Revenue (BIR) yesterday announced that small farmers are now exempted from issuing receipts. BIR commissioner Romeo Lumagui Jr. said covered by...
L-R: Bryce Hartley of GSMA, Reski Damayanti of Indosat Ooredoo Hutchison, Rofil Sheldon Magto of the Globe Group, Affandy Johan of Ookla and Kenddrick Chan of Tony Blair Institute of Global Change

Globe Group highlights innovation and climate resiliency at GSMA M360 APAC in Seoul

The Globe Group showcased its innovative approach to addressing the effects of climate change at the recent GSMA M360 Asia Pacific conference. The event,...
Dean Roberto Galang of Ateneo de Manila’s John Gokongwei’s School of Management says that most of the corn produced in the Philippines today is used as chicken feed. PHOTO COURTESY OF R. GALANG/DA PHOTO

Plant-based meat substitutes seen to boost food security

THE Marcos administration may want to consider cultivating the plant-based meat substitute industry as part of its broader food security strategy, according to an...

El Niño may cause 1.5M MT of ‘palay’ output loss in 2024 – NIA

THE National Irrigation Administration (NIA) is projecting over a million metric tons of palay and rice production loss due to El Niño’s threat to irrigation...
Public utility jeepney drivers line up to refuel at a gasoline station. JONATHAN CELLONA/ABS-CBN NEWS PHOTOPublic utility jeepney drivers line up to refuel at a gasoline station. JONATHAN CELLONA/ABS-CBN NEWS PHOTO

Fuel prices may drop by around P3 this week

FUEL prices are expected to go down by around P2 to P3 in the third consecutive wave of price rollbacks in petroleum prices. "Nanumbalik ang economic...

PH factories posted fastest 2023 output growth in August

FACTORY output posted its fastest growth so far this year in August, demonstrating its resilience in the face of wage hikes and stubbornly high...

ArenaPlus links partnership with MPBL to bring enjoyable and entertaining playoffs

ArenaPlus, an online sports betting platform in the country, proudly announced its partnership this year with the men's professional basketball league in the country, the Maharlika Pilipinas Basketball League (MPBL), as its official sportsbook partner. MPBL, founded...
Filipino seafarers could explore opportunities in the upcoming offshore wind energy projects. The Department of Energy has awarded 79 offshore wind contracts with a potential capacity of 61.93 gigawatts. PNA FILE PHOTO

PH seafarers can fill 9.8K workforce demand in offshore wind projects

WITH the growing interest in building offshore wind farms in the country, an industry expert said Filipino seafarers could fill the demand for skilled...
A market vendor waits for customers in front of their store inside a public market in Quezon City. GEORGE CALVELO, ABS-CBN NEWS/FILE PHOTO

PH gov’t pledges action on high food prices

HIGH food prices in the Philippines have pushed inflation to a five-month peak, officials said on Thursday, Oct. 5, increasing pressure on the government...