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Around 76,000 metric tons of rice from Taiwan and India are scheduled to arrive this month and early January even as grains imported by the private sector have started to arrive as part of the broader effort to boost inventory of the national food staple in preparation for the adverse effects of the El Nino weather phenomenon, a ranking official of the Department of Agriculture (DA) said on Wednesday.

The Department of Transportation on Wednesday said four large groups have submitted bid documents to win the  P171-billion contract to rehabilitate, optimize and maintain the Ninoy Aquino International Airport. 

The Bureau of the Treasury plans to raise P585 billion for budgetary support in the first quarter through the weekly auctions of treasury bills and bonds.

The head of the Employers Confederation of the Philippines (ECOP) said the trade group’s biggest wish for 2024 is for more investments to come into the country to create more work for more people.

The ranks of poor Filipinos declined in the first half of this year compared to the same period in 2021 as the government lifted COVID-19 mobility restrictions last year, allowing the economy to recover, create more jobs and spur more investments.