P323-M crop damage from Crising, monsoon spurs policy response
The combined impact of Tropical Storm Crising and the southwest monsoon has dealt a heavy blow to the country’s agriculture sector, with damage now pegged at ₱323.15 million, a 48.6 percent increase from the previous day, according to the Department of Agriculture (DA).
Malacañang keeps work, classes suspended in Metro Manila, 36 provinces
Malacañang decided on Wednesday keep classes and government work in Metro Manila and 36 provinces across Luzon and the Visayas—regions that are home to...
Floating solar industry gets boost with local supply deals
The country's floating solar sector is set for faster development following the signing of supply contracts enabling the local manufacture of critical components, according to the Department of Energy (DOE).
San Miguel completes Meralco deal with Landbank after 17 years
San Miguel Corp. (SMC), one of the Philippines’ largest conglomerates, announced that its power unit, San Miguel Global Power Holdings Corp., has finally acquired a long-contested 3.9 percent stake in Manila Electric Co. (Meralco), nearly two decades after first attempting the deal.
Agri stakeholders slam “lopsided” US tariff concession in trade deal with PH
Local agricultural groups have expressed disappointment over the reported US decision to lower its import tariff on Philippine goods by only one percentage point—from 20 percent to 19 percent—as part of a trade deal granting zero-tariff access to American agricultural exports entering the Philippines.
