Budget deficit narrows in September as revenue outpace spending
The budget deficit eased to P248.1 billion in September, down from P273.3 billion in the same month last year, as revenue growth outpaced spending, the Department of Finance reported Thursday.
New rule mandates energy efficient purchases in gov’t
The Inter-Agency Energy Efficiency and Conservation Committee has ordered all government offices to purchase only energy-consuming products (ECPs) that meet the Department of Energy’s (DOE) minimum efficiency standards. This move aims to promote energy savings and reduce public spending.
PhilFIDA adopts PCA system to monitor abaca prices
The Philippine Fiber Industry Development Authority (PhilFIDA) is set to use the Philippine Coconut Authority’s (PCA) daily price monitoring system to track abaca prices more effectively.
Coffee growers propose allocation from tariff funds for coffee development
Stakeholders in the Philippine coffee sector are urging the government to develop an updated roadmap to boost local coffee production, highlighting the country’s heavy reliance on imports.
DENR to offer 50 mining assets for bidding
The Department of Environment and Natural Resources (DENR) announced plans to offer at least 50 mining assets with expired or cancelled contracts for competitive bidding, starting as early as next month.
