Tag: Import

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Marcos mulls rice tariff hike, import suspension

The Department of Agriculture has recommended that President Ferdinand Marcos Jr. increase tariffs on imported rice and temporarily suspend rice importation to protect local farmers.

Trade deficit in agricultural goods narrows in May—PSA data

The Philippines saw the trade deficit for agricultural goods trade narrowed in May, as exports of farm goods rise and the value of imports declined during the period.

Philippines rice imports expected to drop in Q1

The total volume of rice the Philippines will import in the first quarter is likely to be significantly lower compared to the same period in 2024, as local farmers begin the harvest season and traders hold off on imports, awaiting further softening of global prices.

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Rockport Power, King Global partner to cut energy costs

Local electricity supplier Rockport Power Inc. has partnered with Filipino manufacturer King Global Sanitary Products to supply energy for its operations.

Yuchengco power firm posts lower profit despite higher sales in 2025

Petro Energy Resources Corp. (PERC) reported a sharp drop in profit for 2025, even as its revenues grew.

NPC partners with private firm to develop carbon credit system

The National Power Corp. (NPC) has signed an agreement with Climate Smart Ventures (CSV) to create a framework for carbon credits, aiming to support the Philippines’ shift to a low-carbon future.

Philippine bonds to join Global Index in 2027

The Department of Finance (DOF), Bureau of the Treasury (BTr), and Bangko Sentral ng Pilipinas (BSP) announced that Philippine peso-denominated government bonds will be included in J.P. Morgan’s Government Bond Index – Emerging Markets (GBI-EM) starting January 29, 2027.

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