The Philippine Statistics Authority (PSA) has reported a 15 percent year-on-year decline in the number of construction permits approved in January to 12,526, a greater decrease from the 5 percent posted in December and an indication of a glut in supply.
The National Government’s fiscal position improved in February, with the budget deficit slightly narrowing to P171.2 billion from P171.4 billion a year ago, as a sharp rise in revenues helped offset faster spending growth.
The Department of Agriculture (DA) has rolled out measures to protect farmers, fisherfolk, and consumers from rising food costs caused by higher fuel prices, Agriculture Secretary Francisco Tiu Laurel Jr. said Tuesday.
In a major move to modernize corporate compliance, the Securities and Exchange Commission (SEC) is set to allow paperless filing of key corporate amendments through its eAMEND system. The draft rules, now open for public comment until April 15, aim to make the process faster, more convenient, and fully digital.
The Philippine National Bank (PNB) has received regulatory approval to allow the Social Security System (SSS) and Pag-IBIG Fund to hold client assistance and information sessions at its Tokyo and Nagoya branches.