The Department of Agriculture has lifted the temporary ban on the importation of domestic and wild birds from Belgium and France due to a recent bird flu outbreak in the two European nations.
The US Department of Agriculture has lowered its projection for the amount of rice the Philippines will import this year but still expects the country to buy a higher volume of soybean meal.
The various local government units (LGU) proposed borrowing P48.9 billion in the second half of 2023 for purposes of funding mostly public infrastructure projects that impact their constituents, the policy-making monetary board of the Bangko Sentral ng Pilipinas (BSP) said.
Russia tops the list while the Philippines ranks 27th in the first World Cybercrime Index (WCI) compiled by international researchers from Oxford University, to identify the key cybercrime hotspots among 92 countries.
The country's agricultural trade deficit narrowed in 2023 to USD11.49 billion as the both exports and imports of farm products decreased, data from the Philippine Statistics Authority showed.
The Asian Development Bank (ADB) is ready to provide the Philippines with up to USD500 million in emergency financing to help address disasters, including the potential impact of a severe El Niño episode, although the government has yet to request additional assistance.
From a once-contested solution to Metro Manila’s provincial bus congestion, PITX is positioning itself for a bigger role in the country’s transport system as passenger traffic approaches its design capacity.
President Ferdinand Marcos Jr. has confirmed accepting the resignation of Information and Communications Technology Secretary Henry Aguda, while ruling out for now the possible transfer of Public Works Secretary Vince Dizon back to the Department of Transportation (DOTr).
Philippine equities are likely to remain volatile this week as accelerating inflation, peso weakness and mounting expectations of monetary tightening weigh on sentiment, tempering optimism over corporate earnings and potential new stock market listings.