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Over 500,000 MT of imported rice due to arrive December through February

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.

Four consortia pass documents to win P171-billion NAIA rehab project

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. 

National Treasury eyes P585B domestic borrowing in 1Q via treasury auctions

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.

ECOP chief bares wish list for 2024

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.

Ranks of poor Filipinos decline  in 1H 2023 by nearly 1M—PSA

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.

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CAMPI sees smaller 2026 auto sales decline

The Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) has trimmed its outlook for the domestic vehicle market, now expecting sales to decline by 5 to 8 percent in 2026 instead of the earlier forecast of an 8 to 10 percent drop.

Maynilad cuts water rates starting July; Manila Water fees unchanges

Starting July 1, 2026, Maynilad customers will see slightly lower monthly water bills, while rates for Manila Water subscribers will stay the same, according to the Metropolitan Waterworks and Sewerage System-Regulatory Office (MWSS-RO).

AirAsia risks full grounding unless full payment made by 6 June

The Civil Aviation Authority of the Philippines (CAAP) has set a final deadline of 6 June, 2026, for AirAsia Philippines to clear its unpaid financial dues, warning that failure to comply will result in a full shutdown of its operations.

Aboitiz InfraCapital courts Japanese investor for expansion

Aboitiz InfraCapital (AIC) is looking to deepen ties with Japan’s biggest corporations and financial institutions as it pursues fresh investments and strategic partnerships to fuel the next phase of its infrastructure expansion.

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