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BOC exceeds revenue collection target in April

The Bureau of Customs has again exceeded its revenue collection target, generating P68.274 billion for April 2023, compared to its target of P68.199 billion. This...

BSP, JICA make it easy for MSMEs to access credit

 The Bangko Sentral ng Pilipinas (BSP) and the Japan International Cooperation Agency (JICA) have made it easy for financial institutions to assess the creditworthiness...

Online sellers generate sales of P3 billion a month

The Philippine E-Commerce Association of the Philippines (PECA) projects sustaining its growth this year as more Filipinos turn to online shopping.  Jere Von Basa, PECA...

Dozens of flights cancelled on Labor Day as NAIA Terminal 3 suffers power outage

Dozens of flights were cancelled and several more delayed on Labor Day as a power outage disrupted operations at the Ninoy Aquino International Airport...

Strong policy support crucial to boost air transport capacity to meet growing demand—study

New research has underscored the urgent need for policy support to improve the Philippine air transport infrastructure, noting the sector’s serious limitations to meet...

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Middle East conflicts force another weekly spike in local fuel prices

Filipino motorists face yet another round of pump price increases this coming Tuesday, underscoring the ongoing volatility of domestic fuel costs driven by compounding international crises. According to Jetti Petroleum president Leo Bellas, gasoline prices are projected to rise between P1 and P1.50 per liter, while diesel prices could jump by P1.75 to P2.25 per liter. This upcoming price hike follows the previous week’s substantial surge of P2.49 per liter for gasoline, P3.84 for diesel, and P5.01 for kerosene, highlighting how rapidly fuel rates are creeping higher almost every single week.

Agri damage from habagat, 3 storms hits ₱1.79B

Damage to the agriculture sector from the southwest monsoon (habagat) enhanced by Tropical Cyclones Luis, Maymay, and Neneng has risen to ₱1.79 billion, the Department of Agriculture (DA) reported in its 10 a.m. advisory on August 22.

Batang Gilas runs out of gas, settles for eighth

Batang Gilas Pilipinas started with a spark but finished with the wrong kind of déjà vu.

DA escalates nationwide crackdown on counterfeit farm inputs to protect farmers, safeguard food security

The Department of Agriculture (DA) has launched a stricter, nationwide campaign against counterfeit, unregistered, adulterated, and illegally produced farm inputs, moving to shield farmers from financial and livelihood losses while ensuring fair competition for legitimate industry players.

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