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DA says P50 rice price cap still allows fair profit for sellers

The Department of Agriculture (DA) said the P50 per kilo price cap on imported rice is fair for both consumers and rice sellers, as authorities continue enforcing President Ferdinand Marcos Jr.’s order to keep rice prices affordable.

BDO, Mastercard celebrate 20 years supporting OFWs

BDO Unibank and Mastercard marked 20 years of partnership focused on helping overseas Filipinos send money home and stay financially connected with their families.

ACMobility, Robinsons Land expand nationwide EV network 

ACMobility has partnered with Robinsons Land Corporation to accelerate electric vehicle (EV) adoption in the Philippines through the rollout of more than 200 EV charging points across Robinsons Land properties nationwide starting this year.

DOTr secures P3.6-B loan to pay LRT-1 operator, boost rail services

The Department of Transportation (DOTr) and the Light Rail Transit Authority (LRTA) signed a financing agreement with Land Bank of the Philippines (LANDBANK) to settle P3.6 billion in government obligations to Light Rail Manila Corporation (LRMC), the private operator of LRT-1.

ILO says Middle East turmoil threatens OFWs, Philippine economy 

The escalating crisis in the Middle East is beginning to weigh on global labor markets, with the International Labour Organization (ILO) warning that the Philippines faces growing economic risks due to its heavy dependence on overseas employment and remittance inflows.

Just in

PH to make energy security key ASEAN agenda

The Philippines will use its ASEAN chairmanship to push for stronger regional safeguards against energy supply disruptions and faster cross-border power connectivity as Southeast Asian energy ministers meet in Manila this week.

₱3.8-B fuel subsidy for agri sector beneficiaries kicks off this month

The Department of Agriculture (DA) announced that around 300,000 farmers, fisherfolk, and agricultural haulers will receive ₱3 billion in fuel subsidies starting this month, aiding the sector amid El Niño impacts and persistently high fuel costs.

Visayas power probe pushes transparency, reliability, consumer protection 

Therma Visayas told lawmakers that it sources coal from Indonesia and uses the Indonesian Coal Index in its power supply agreements, as a House inquiry into electricity reliability in the Visayas turned attention to both supply security and pricing transparency.

DA ramps up El Niño preparations drawing on past preparations 

The Department of Agriculture is bolstering full-scale preparations for an intense El Niño, applying hard-won experience to safeguard farm output, secure food supplies, and protect farmers and fisherfolk from harm.
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