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Balisacan: Farmers suffer if government cuts rice price to P20/kilo

Socioeconomic Planning Secretary Arsenio Balisacan said Wednesday the government could drastically bring down rice prices but warned that millions of rice farmers would be adversely affected if productivity stays at current levels.

Free bus rides to FIBA games this Friday

The Parañaque Integrated Terminal Exchange (PITX) has allocated 50 point-to-point buses exclusively for FIBA game fans going to the Philippine Arena on 25 August...

BSP retains caps on credit card transactions

The policy-making Monetary Board of the Bangko Sentral ng Pilipinas (BSP) has kept the maximum charge on the unpaid credit card balances unchanged at 3 percent a month.

Budget department wants government Procurement Act updated

The Department of Budget and Management unveiled on Tuesday a proposal to update the 20-year-old procurement law to help speed up government spending and bolster economic activity.

ERC formally asks Congress to suspend listing rule covering small RE players

The Energy Regulatory Commission (ERC) is asking lawmakers to consider suspending the mandatory listing of energy companies at the local bourse to encourage the entry of more renewable energy (RE) companies.

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