The Department of Transportation (DOTr) has awarded a $11.98-million contract to a joint venture of South Korean firm Dohwa Engineering Co. Ltd. and Japan’s Nippon Koei Co. Ltd. to prepare a master plan for the country’s railway system.
The Federation of Filipino Chinese Chambers of Commerce and Industry, Inc. (FFCCCII) is calling for an urgent reset of Philippine tourism policy, warning that the country is being left behind as ASEAN neighbors surge ahead in post-pandemic recovery.
The Department of Agriculture (DA) has expressed support for Zamboanga del Sur’s proposal to partner on farm-to-market road (FMR) projects, Agriculture Secretary Francisco P. Tiu Laurel Jr. said, citing the need to fast-track rural infrastructure that lowers costs and raises farmers’ incomes.
The government is considering a higher tax incentive ceiling for socialized and economic housing, a move seen as a bid to keep affordable homebuilding viable as construction costs continue to climb.
The government is aiming to fully settle its remaining obligations under the Comprehensive Automotive Resurgence Strategy (CARS) Program by 2027, according to Ceferino Rodolfo, managing head of the Board of Investments.
The Department of Energy (DOE) said fuel prices will go down next week, with minimum rollbacks estimated at ₱4.43 per liter for gasoline, ₱20.89 for diesel, and ₱8.50 for kerosene.
The Department of Energy (DOE) said all remaining ASEAN energy meetings for 2026 will be held virtually to save costs and use resources more efficiently.
Filinvest Development Corp. (FDC) said its real estate business could be significantly affected by the ongoing economic strain linked to the Middle East conflict and slower growth in the Philippines.