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Farm advocates urge against extending preferential commodities duty beyond 2023

Local producers urge TC to no longer extend MFN tariff cuts beyond 2023. MFNs are essentially pledges to extend preferential tax and duty treatment on services or goods exports of partner countries.

China wind farm equipment manufacturers look to seal $4-billion investment bid by yearend

The Board of Investments (BOI) is sanguine on the successful conclusion of negotiations with two Chinese wind farm equipment and component manufacturers who look to invest $2 billion each in their proposal to make the Philippines a manufacturing hub.

Oil prices up after mixed adjustments

The price of gasoline at the pumps sold by the various retailers goes up by P0.95 per liter beginning midnight Tuesday.

DITO raises P3.3B via shares sale; Udenna unloads 500M DITO shares

DITO CME Holdings Inc. said Monday it raised P3.3 billion from the private placement new shares with Summit Telco Holdings Corp., a Philippine-registered company wholly-owned by Singapore-headquartered Summit Telco Corp Pte Ltd, an existing shareholder of the listed telecommunications venture of Davao-based businessman Dennis Uy.ok

DA hopes to hit 20-M metric ton palay harvest this year

Even though the full impact of the El Nino weather phenomenon cannot be entirely discounted, agriculture officials remain hopeful of bountiful palay or unhusked rice harvests this year. 

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Clark emerges as anchor of Luzon Economic Corridor

Clark Freeport is emerging as a key anchor of the Luzon Economic Corridor, leveraging its connectivity, established business ecosystem, and logistics infrastructure to attract investments and strengthen supply chains across Luzon.

Topline expands fuel network, storage capacity

Topline Group of Companies is positioning for sustained energy demand growth as it expands its fuel retail network, quadruples storage capacity, and builds a more integrated supply platform across the Visayas.

CREC advances 2.3 GW renewable energy pipeline

Citicore Renewable Energy Corp. is preparing to roll out about 2.3 gigawatts of renewable energy capacity through 2026 and 2027, as it moves to convert a growing project pipeline into operating assets.

7-Eleven Philippines targets 5,000 stores despite bottlenecks

7-Eleven Philippines is pressing ahead with its expansion toward more than 5,000 stores by year-end, even as permitting delays and power availability threaten to slow the pace of new openings.

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