Tag: balance of payments

The Department of Agriculture (DA) and the Overseas Workers Welfare Administration (OWWA) have signed a memorandum of agreement to combine their resources, expertise, training, and funding to support overseas Filipino workers (OFWs) as they shift from working abroad to running profitable, long-term businesses at home.

The Philippines will use its ASEAN chairmanship to push for stronger regional safeguards against energy supply disruptions and faster cross-border power connectivity as Southeast Asian energy ministers meet in Manila this week.

The Department of Agriculture (DA) announced that around 300,000 farmers, fisherfolk, and agricultural haulers will receive ₱3 billion in fuel subsidies starting this month, aiding the sector amid El Niño impacts and persistently high fuel costs.

Therma Visayas told lawmakers that it sources coal from Indonesia and uses the Indonesian Coal Index in its power supply agreements, as a House inquiry into electricity reliability in the Visayas turned attention to both supply security and pricing transparency.