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Imported rice MSRP only P45/Kilo by end-March

Agriculture Secretary Francisco P. Tiu Laurel Jr. on Wednesday announced that the maximum suggested retail price (MSRP) for imported rice will be reduced anew on 31 March to P45 per kilo, following a continued easing in global rice prices.

Financial platforms asked to tread carefully as election abuses go online

The Bangko Sentral ng Pilipinas (BSP) has called on all BSP-supervised financial institutions (BSFIs) to enhance their monitoring systems to prevent the abuse of financial platforms in the upcoming May 2025 elections.

Manila secures over P65 billion supplemental funding for infra, health projects from Tokyo

The government, led by Finance Secretary Ralph G. Recto, secured on Monday significant financial backing from Japan for critical infrastructure projects and key health and climate change initiatives during a high-level meeting held in Manila.

Construction approvals decline in January—PSA data

The Philippine Statistics Authority (PSA) has reported a 15 percent year-on-year decline in the number of construction permits approved in January to 12,526, a greater decrease from the 5 percent posted in December and an indication of a glut in supply.

PSAC proposes ROW office to accelerate infrastructure development

The Private Sector Advisory Council (PSAC) Infrastructure Sector has recommended the establishment of a right-of-way (ROW) office under the Office of the President to expedite the completion of major infrastructure projects in the Philippines.

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