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The government could forgo up to P43.6 billion in revenues if it suspends excise taxes on all fuel products for three months, a senior Finance official said, highlighting the fiscal trade-offs as authorities move to cushion consumers from elevated oil prices.

The Department of Agriculture (DA) on Tuesday said rice supply in the Philippines remains stable even as global fuel and fertilizer prices rise.

Metro Manila’s property market is turning cautious, with office leasing decisions slowing and condominium developers dialing back new launches as vacancies climb, according to Colliers Philippines.

The Department of Agriculture (DA) on Tuesday rolled out its P20 per kilo rice program in Makati City, serving about 750 beneficiaries during the launch attended by Mayor Nancy Binay and other local officials.