Tag: Philippine Open Finance Pilot

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Marikina lawmaker warns scrapping fuel VAT may hurt Philippines’ credit rating

Economy 0
A senior lawmaker has warned that removing the value-added tax (VAT) on fuel could do more harm than good to the Philippine economy, even as public pressure grows to ease rising fuel prices.

DOTr launches P1B support program for PUV drivers, offers fare discounts

Transport & Logistics 0
The Department of Transportation (DOTr) will roll out a P1 billion service contracting program to support public utility vehicle (PUV) drivers and operators starting April 15, 2026. The program will run for two weeks.

Nueva Ecija farmer cuts fertilizer costs, doubles rice yield

Agriculture 0
A farmer in Nueva Ecija has developed a rice-growing method that lowers fertilizer costs while nearly doubling harvests.

FDI inflows fall in January as investor sentiment weakens

Economy 0
Foreign direct investment (FDI) inflows into the Philippines dropped to US$443 million in January 2026, marking a decline compared with the level recorded in January 2025. The decrease highlights growing caution among foreign investors, with rising geopolitical risks seen as a key factor dampening confidence.

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