Top News
PH bats for MSMEs, food security at ASEAN Summit
The Philippines underscored its push for micro, small, and medium enterprise (MSME) development and food security at the 46th ASEAN Summit, with ASEAN Business Advisory Council (ASEAN BAC) Philippines chairman Joey Concepcion calling for stronger regional cooperation in agriculture and entrepreneurship.
COC delays stall Meralco’s 800-MW supply auctions
The Manila Electric Co. (Meralco) is waiting for the Department of Energy (DOE) to issue certificates of conformity (COCs) for two planned competitive selection processes (CSPs) totaling 800 megawatts (MW) of electricity, a key step required before the bidding can proceed.
Treasury bill yields ease on strong demand, rate outlook
Average rates on treasury bills declined at Monday’s auction as demand picked up, following signals from the Bangko Sentral ng Pilipinas (BSP) that interest rates may be cut further amid slowing inflation.
Rice tariff stays at 15% as DA cautions vs inflation risks
The Department of Agriculture (DA) is holding off on any rice tariff increases, saying it is not the right time, particularly with the summer harvest nearly concluded. Agriculture Secretary Francisco Tiu Laurel Jr. emphasized that any move to adjust tariffs must be carefully timed and coordinated with other economic managers.
Lazaro’s Appointment Affirms Strong WPS Policy Direction—Stratbase
The appointment of Ma. Theresa Lazaro as Secretary of Foreign Affairs has been welcomed as a strategic affirmation of the Philippines’ assertive foreign policy in the West Philippine Sea (WPS), according to the think tank Stratbase Institute.
