Manufacturers have agreed to extend the nationwide price freeze on basic necessities and prime commodities (BNPCs) until April 30, following a late Monday meeting with the Department of Trade and Industry (DTI). The move pushes back the original April 15 deadline, providing temporary relief to consumers amid rising costs.
Projects endorsed under the government’s Green Lane Initiative are beginning to transition from approvals to execution, signaling early traction in the Philippines’ efforts to accelerate strategic investments across priority sectors.
The Department of Trade and Industry on Monday launched a P4-billion MSME Business Fund to help small enterprises weather global uncertainties, including the ongoing Middle East crisis.
The Department of Trade and Industry (DTI) is urging consumers to check for the Philippine Standard (PS) mark or Import Commodity Clearance (ICC) sticker when buying appliances and electronics, as part of efforts to ensure product safety and reduce fire risks.
The Department of Trade and Industry (DTI) said the proposed price cap on liquefied petroleum gas (LPG) should be decided by the Department of Energy (DOE), citing the latter’s regulatory jurisdiction over the sector.
The impressive run of Alex Eala at the Prudential Hong Kong Open ended with a painful thud on Sunday, as a troublesome right leg proved a bigger opponent than she could handle in the championship match.
Filipino households and businesses can look forward to significant relief at the pumps this week, with a major downward adjustment in fuel costs forecast following five consecutive weeks of mixed price trends.
Chemical maker D and L Industries Inc. is more hopeful about next year following the US midterm elections, which have raised hopes for an end to the Iran conflict, lower oil prices and a stronger peso. President Alvin Lao cited these as clear positives, though he warned that damaged supply chains, a severe El Niño and domestic political tensions remain key concerns.
AyalaLand Logistics Holdings Corp. (ALLHC) sharply improved its earnings in the third quarter, with net income of P62 million helping narrow its nine-month profit decline to 9 percent as industrial lot sales gained traction and cold storage operations expanded.