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Laurel reworks rice import system with a mandatory bond
Agriculture Secretary Francisco Laurel Jr. has overhauled the process by which rice stocks are fortified to ensure uninterrupted supply, saying henceforth rice importers post a mandatory bond equal to 10 percent of any shipment.
Headline inflation slowed to 4.1% in November on slower rise in food prices
A deceleration in the rate of increase in food prices and year-on-year decline in fuel prices slowed headline inflation further to 4.1 percent in November after slipping to 4.9 percent in October, the Philippine Statistics Authority said Tuesday.
Overseas Filipino remittances falling the past 20 years
The remittances of some two million overseas Filipinos have steadily declined since its peak more than 20 years ago, based on data obtained from the World Bank.
Bill amending CREATE law seeks to reinstate cross border doctrine
A legislative bill seeking to amend the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Act and revise its value-added tax (VAT) provisions has been approved at the House committee level.
More provinces attain higher yields thru RCEF seeds
Rice farmers in Aurora and Bohol have increased their average yields by 1 ton per hectare or more through the high-quality seeds they received...
