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Japan supports the Philippines in reducing marine litter

Economic Affairs Minister NIHEI Daisuke of the Embassy of Japan in the Philippines joined the culmination event of the Healthy Oceans and Clean Cities Initiative (HOCCI) on Friday. 

Eight-month tourist arrivals hit 3.66M

Foreign visitors arrival in the Philippine between January and August this year reached a total 3.66 million, 38 percent more than the total tourist arrivals for the whole of 2022, data from the Department of Tourism showed.

Two more seek to win P171-billion NAIA rehab contract

The Department of Transportation on Thursday said two more firms have expressed interest to win the P171-billion contract to rehabilitate, optimize and maintain the Ninoy Aquino...

Microgrid auction guidelines out soon – DOE

The Department of Energy (DOE) is about to complete the guidelines under which so-called microgrid service areas will be sold to investors at auction.

SRA to deploy Japanese farm machinery for sugar growers

Japan has extended the Philippines a grant worth P314 million in the form of farm equipment that will benefit the country's sugar workers.

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BPI to launch stablecoin settlement system for faster, cheaper cross-border payments

The Bank of the Philippine Islands (BPI) has announced plans to introduce stablecoin settlement rails in partnership with global digital clearinghouse Meridian, aiming to modernize how funds enter the country with an initial focus on payroll support for informal economy workers such as freelancers and virtual assistants.

ADB backs LWUA’s P1.99-B projects for water districts

The Asian Development Bank will support the Local Water Utilities Administration in carrying out a P1.99 billion development project covering 11 water districts across the country.

PH strengthens US tariff case with forced labor ban

The Philippines has bolstered its position in the US' ongoing Section 301 tariff review by adopting stricter rules that prohibit the importation of goods produced through forced labor, a move aimed at strengthening supply chain integrity while protecting domestic manufacturers from unfair competition.

Updated farmland conversion policy expected next month

The Department of Agriculture is set to release a refined set of rules governing farmland conversion within the coming weeks, a measure aimed at balancing national development with food security.

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