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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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Port users back clampdown on shipping fees

The country's largest port users' group has backed the Bureau of Customs' (BOC) proposal to regulate domestic charges imposed by foreign shipping lines, lending industry support to a long-running push to curb logistics costs that weigh on Philippine trade.

WTO backs Philippines’ reform push amid uncertainty

The World Trade Organization (WTO) has thrown its support behind the Philippines' economic reform agenda, with Director-General Ngozi Okonjo-Iweala urging the country to sustain policy momentum as rising geopolitical tensions and a fragile global economy continue to test international trade.

Gaming industry pushes literacy over blanket bans 

The Philippine video game industry is pushing back against calls for blanket bans on violent video games, arguing that stronger digital literacy, parental supervision, and better enforcement of age restrictions would do far more to protect children online than outright prohibitions.

Amigas refuse quiet exit, floor another heavyweight instead

Missing the quarterfinals could have deflated the Philippines' beach handball team. Instead, the Amigas turned disappointment into another upset, adding the United States to a growing list of higher-ranked victims at the IHF Women's Beach Handball World Championship in Zagreb, Croatia.

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