Top News
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.
Construction activity picks up in March
The Philippines saw a modest rise in construction activity in March 2025, as approved building permits reached 14,973, up 3.4 percent from 14,477 in the same month last year, according to the Philippine Statistics Authority.
BSP eyes further rate cuts on positive inflation outlook
The Bangko Sentral ng Pilipinas (BSP) is considering further interest rate cuts as inflation in the Philippines remains within the target range, signaling a potential shift to a more accommodative monetary policy to bolster investment and economic growth.
Marcos Jr. retains economic team, signals stability and growth
Finance Secretary Ralph G. Recto will remain at the helm of the Department of Finance after President Ferdinand R. Marcos Jr. rejected his courtesy resignation, signaling continued confidence in Recto’s leadership and commitment to fiscal stability and economic growth.
