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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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Grocery spending turns into big win as Laguna VA wins BYD Seagull in bank-supermarket promo

Everyday grocery shopping and credit card use paid off for one lucky customer after a joint promo by East West Banking Corporation and Puregold Price Club awarded a brand-new BYD Seagull to its grand prize winner.

DOE turns over 40-kW solar system to TESDA Taguig complex

The Department of Energy (DOE) has handed over a 40-kilowatt peak solar power system to the Technical Education and Skills Development Authority (TESDA) at its complex in Taguig City.

CAB approves lower fuel surcharge as jet fuel prices ease

The Civil Aeronautics Board (CAB) has approved a slight reduction in airline fuel surcharges for flights from May 1 to 15, 2026, as global jet fuel prices begin to ease after hitting record highs in April.

Aboitiz warns oil shock may hit consumers as Middle East conflict drives up costs

Aboitiz Equity Ventures Inc. is warning that the biggest risk from the ongoing Middle East conflict is not direct business disruption, but how sharply rising oil prices could affect consumers and demand.

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