DBCC downgrades growth target for 2024, 2025; inflation, FX targets stay
The Development Budget Coordination Committee lowered the country's growth or gross domestic product (GDP) to a target ranging this year from 6 percent to 7 percent range from the previous 6.5 percent to 7.5 percent while that for 2025 was narrowed to 6.5 percent from 7.5 percent from 6.5 percent from 8.0 percent.
Fish canning operator apprehension over fish supply not supported by VAT sales numbers – Tiu Laurel
FAO 195 prohibits the entry of imported fish into domestic wet markets without a certificate of necessity to import.
Draft circular proposes penalizing energy actors triggering use of ancillary power services
The Department of Energy (DOE) is seeking feedback on a draft circular exacting monetary penalty on energy actors that trigger the use of so-called ancillary services.
1Q palay production seen above 4.8 million MT
The Department of Agriculture (DA) said the estimated palay production in the first three months this year is seen growing 1.1 percent to 4.78 million metric tons despite the threat of El Niño.
Rockwell secures P5 billion term loan from BDO
Rockwell Land Corp., the upscale property developer of the Lopez group, has secured a P5-billion term loan of up to 10 years from BDO Unibank Inc.
