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Laurel reworks rice import system with a mandatory bond

Agriculture Secretary Francisco Laurel Jr. has overhauled the process by which rice stocks are fortified to ensure uninterrupted supply, saying henceforth rice importers post a mandatory bond equal to 10 percent of any shipment.

Headline inflation slowed to 4.1% in November on slower rise in food prices

A deceleration in the rate of increase in food prices and year-on-year decline in fuel prices slowed headline inflation further to 4.1 percent in November after slipping to 4.9 percent in October, the Philippine Statistics Authority said Tuesday.

Treasury bill yields rise at auction after sharp fall in rates last week

The Bureau of the Treasury (BTr) allowed treasury bill yields to rise at Monday’s auction, allowing some correction in the yield curb following the sharp drop in average rates last week.

China’s respiratory illness rise due to known pathogens – official

China's surge in respiratory illness is caused by known pathogens and there is no sign of new infectious diseases, a health official said on Saturday as the country faces its first full winter since lifting strict COVID-19 restrictions.

Overseas Filipino remittances falling the past 20 years

The remittances of some two million overseas Filipinos have steadily declined since its peak more than 20 years ago, based on data obtained from the World Bank.

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