State-run Philippine Ports Authority (PPA) on Wednesday assured the traveling public against congestion at the Manila International Container Terminal and South Harbor and its knock-on effect on shipments, particularly rice, among other impacts.
Agriculture Secretary Francisco P. Tiu Laurel, Jr. on Wednesday projected a gradual easing of rice prices as soon as October as a result of the government decision reducing the tariff on imports.
MacroAsia Corp., the listed aviation services unit of the Lucio Tan Group, said Wednesday its subsidiary Summa Water Resources Inc. broke ground on a desalination facility to be built in Olango Island to address the growing water needs of Lapu-Lapu City in Cebu.
Lower jet fuel prices in the global market allowed the Civil Aeronautics Board (CAB) on Wednesday to announce reduced fuel surcharges for domestic and international flights starting in October.
The Philippines must do more than sign trade deals—it must help smaller businesses turn them into export sales, Philippine Exporters Confederation Inc. (PhilExport) President Sergio Ortiz-Luis Jr. said.
The Department of Agriculture is urging lawmakers to approve its P198.4-billion proposed 2027 budget, noting farmers and fisherfolk now face rising costs, climate risks, and global economic pressures.
The Department of Energy will proceed with its updated bidding rules for brownfield coal resource areas despite opposition from key industry player Semirara Mining and Power Corp. Energy Secretary Sharon Garin affirmed that the revised terms will apply uniformly to all prospective bidders, as the government seeks to prioritize domestic fuel supply over foreign exports.
The Department of Trade and Industry (DTI) said Wednesday that the proposed plant would have an initial annual production capacity of 200,000 units, serving both domestic and export markets. Construction is targeted to begin in the first quarter of 2027, with completion expected within 12 to 18 months.