The Department of Agriculture (DA) has approved a plan by the Sugar Regulatory Administration (SRA) to export 100,000 metric tons of raw sugar to the United States, aiming to reduce excess local supply and support falling prices.
The Aurora Pacific Economic Zone and Freeport Authority (APECO) is seeking the release of the remaining P7 billion from its P10-billion authorized capitalization to bankroll infrastructure and development projects designed to make the zone more attractive to investors.
The Philippine Stock Exchange Inc. (PSE) plans to persuade state-run pension funds—the Social Security System and the Government Service Insurance System—to revive a stock investment loan program to increase trading liquidity and deepen the local capital market.