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.
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.
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.
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.
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.