A worker from a rice dealer in Mega Q-Mart in Cubao, Quezon City, arranges supplies of different rice varieties, including denorado rice, which is marked with a P60 price tag on August 22, 2023. (Maria Tan / ABS-CBN News photo)

Marcos: Rice supply is PH’s ‘most critical problem’

PRESIDENT Ferdinand Marcos, Jr. described the rice supply as the country's "most critical problem," as his administration continues to try to bring down prices.  "That...
Photo courtesy of Rappler.

PH, Japan sign loan agreement for disaster recovery

THE Philippines and Japan on Monday signed a JPY 30 billion loan agreement that aims to help disaster-hit areas recover faster from calamities. Budget Secretary...
Finance Secretary Benjamin E. Diokno is included in the board of directors of the Maharlika Investment Corp. STAR/FILE PHOTO

Maharlika IRR released, to take effect Sept. 12 — Diokno

THE Maharlika Investment Fund's IRR (Implementing Rules and Regulations) has already been published and will take effect in 2 weeks' time, Finance Secretary Benjamin...
Seasonal demand is seen to contribute to the uptick of manufacturing activities in the third quarter of 2023. PNA FILE PHOTO

Economist sees Q3 pick up in manufacturing activities

MANUFACTURING growth will likely recover in the third quarter of the year after a slight slowdown in the second quarter, an economist said on...
President Ferdinand "Bongbong" Marcos, Jr. arrives in Singapore on September 6, 2022 for a state visit. State visits open many doors for trade and investment, the International Chamber of Commerce says. (Office of the President / Facebook photo)

PBBM needs more state visits to ‘energize’ economy: biz exec

THE International Chamber of Commerce’s (ICC) local head urged President Ferdinand Marcos, Jr. to make more state visits to friendly countries to open many...
PNA FILE PHOTO

DOE to mandate DUs to source demand from natural gas

THE Department of Energy (DOE) is drafting a circular that will mandate distribution utilities (DUs) in the Luzon grid to source a percentage of...
The country needs to continue to develop talent and market the information technology and business process management industry to the next generation, among others. PHOTO COURTESY OF ABS-CBN NEWS

IT-BPM industry aiming to hit $59-B revenues by 2028

THE Philippines should “keep its eye on the ball” but not be too worried about competition from other countries in the information technology and...

Pump prices go up for 8th week

LOCAL oil companies announced fuel prices will increase again as adjustments are set to be made beginning today. Caltex, Cleanfuel, Petron, Phoenix, Seaoil, and Shell...
The Philippines’ manufacturing sector grew in June this year but at a slower pace than the recorded expansion in May. PNA FILE PHOTO

Economist sees Q3 pick up in manufacturing activities

MANUFACTURING growth will likely recover in the third quarter of the year after a slight slowdown in the second quarter, an economist said yesterday. Rizal...
The Bureau of Customs leads the inspection of rice warehouses in Intercity Industrial Complex in San Juan, Balagtas, Bulacan on Aug. 24. They recovered about 202,000 sacks of imported rice grains from Vietnam, Cambodia and Thailand. BUREAU OF CUSTOMS PHOTO

Inspect more rice warehouses, BOC told

THE Bureau of Customs (BOC) must conduct more inspections at warehouses holding rice stocks as the government cracks down on cartels manipulating prices of...