Top News
DA cracks down on onion hoarding amid rising prices
Agriculture Secretary Francisco Tiu Laurel Jr. on Monday directed the Bureau of Plant Industry (BPI) to conduct an urgent inspection of onion cold storage facilities across the country.
ERC-approved FIT-all rate increase makes for more expensive electricity next month
The Energy Regulatory Commission (ERC) has approved an upward adjustment in the feed-in-tariff allowance (FIT-All) rate, effective March 2025. This, the ERC said, ensures the sustainability of renewable energy (RE) incentives, with the new rate increasing by P0.0351 per kilowatt hour (kWh) for consumers in on-grid areas.
BOC vows accountability in post-seizure cigarette resale bid
Customs chief Bienvenido Y. Rubio said over the weekend that significant personnel changes will occur if investigations confirm that Bureau of Customs (BOC) staff members were involved in the attempted resale of P270 million worth of seized contraband cigarettes from Capas, Tarlac.
PH FATF grey list exit sets stage for econ growth, credit rating boost
The Bangko Sentral ng Pilipinas (BSP) has celebrated the country's removal from the Financial Action Task Force’s (FATF) grey list, a significant milestone in the country’s financial reforms in combating money laundering and terrorism financing. The FATF’s recent statement confirms that the Philippines has addressed critical deficiencies in its anti-money laundering (AML) and counter-terrorism financing (CFT) framework.
Speaker Romualdez: Exit from FATF dirty money grey list reaffirms global trust on PH economy
SPEAKER Ferdinand Martin G. Romualdez on Saturday commended President Ferdinand R. Marcos Jr. for the Philippines’ successful removal from the Paris-based Financial Action Task Force (FATF) dirty money grey list, highlighting that this milestone will also benefit overseas Filipino workers (OFWs) by ensuring the smooth, swift, and efficient remittance of their hard-earned money with lower fees.
