The Philippine government could forgo as much as P272.83 billion in revenues in 2026 if excise taxes and value-added tax (VAT) on fuel imports are suspended, according to estimates presented by the Bureau of Customs (BOC) during a Senate hearing on March 11.
The Sugar Regulatory Administration (SRA) met with local sugar producers, millers, and labor representatives this week to discuss ways to address current challenges in the sugar sector.
The Department of Agriculture (DA) is exploring additional funding sources to provide fuel subsidies to more farmers and fisherfolk across the country.
The Department of Transportation (DOTr) will begin distributing a P5,000 fuel subsidy to public utility vehicle (PUV) drivers in Metro Manila on March 17, 2026, as the government moves to ease the impact of rising oil prices linked to tensions in the Middle East.
San Miguel Foods (SMF) has signed a memorandum of agreement with the Government Service Insurance System (GSIS) to make its livelihood and small business programs more accessible to GSIS members, pensioners, dependents, and qualified public sector cooperatives and unions.
Leyte congressman Ferdinand Martin Romualdez vowed he will not be a scapegoat in the flood control controversy, opening his records and challenging critics to “follow the evidence.” Ending weeks of silence, the former House Speaker released his affidavit and documents, insisting he has nothing to hide and has fully cooperated. He dismissed corruption claims as “absurd,” stressing budgets are collectively crafted while project execution lies with the executive, urging investigators to pursue accountability across the entire chain, not convenient targets.
The Department of Agriculture (DA) is calling on more agricultural transporters to register for its free tollway program, aimed at keeping food supply steady and prices low during the ongoing national energy emergency.
The Philippine Economic Zone Authority is stepping up efforts to draw manufacturing investments in traditional hubs, pitching a proposed ecozone in Albay as a potential expansion site for Atlantic, Gulf & Pacific Co.