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.
Nickel Asia Corp., a Philippine-listed mining company, is stepping further beyond its nickel roots after signing a deal to acquire a 20 percent stake in a Kazakhstan copper mining entity, marking a strategic move into broader metal resources.
A consumer advocacy group is calling on the Department of Energy (DOE) to quickly issue clear rules to enforce a new tax exemption that could help reduce electricity costs for consumers.
Global performance footwear brand HOKA is accelerating its Philippine expansion, opening its first store outside Metro Manila at Ayala Center Cebu as it taps into the country’s fast growing running culture.
The Department of Human Settlements and Urban Development (DHSUD) has ordered a three-month moratorium on housing loan payments for qualified borrowers of the National Home Mortgage Finance Corp. (NHMFC), as the government moves to blunt the impact of surging fuel costs tied to tensions in the Middle East.