Stocks drop on selling pressure ahead of US CPI
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PHILIPPINE SHARES declined further on Tuesday on selling pressure amid expectations of faster US consumer inflation in January. The bellwether Philippine Stock…
Lack of awareness, energy costs continue to burden PHL recycling sector
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High energy costs and low waste collection rates continue to burden the recycling sector in the Philippines, according to Bulacan’s Rural Industrial…
Sugar import volumes set at 440,000 MT await approval
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FABRIKASIMF-FREEPIK THE Sugar Regulatory Administration (SRA) said on Tuesday that it is waiting a “go signal” from President Ferdinand R. Marcos, Jr….
IEMOP backs review of secondary price cap amid high fuel prices
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BW FILE PHOTO THE Independent Electricity Market Operator of the Philippines (IEMOP) said the Energy Regulatory Commission (ERC) needs to review the…
Palace reviewing application to extend Malampaya service contract
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THE Department of Energy (DoE) said on Tuesday that the Malampaya gas field concession, known as Service Contract 38, is currently under…
Onion farmers say millions worth of produce lost in cold storage
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DA.GOV.PH A FARMING cooperative from Bongabon, Nueva Ecija said it lost 128,000 bags of onions which were improperly stored, rendering the crop…
ECCP backs water council to ease path for PPP investment
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THE European Chamber of Commerce of the Philippines (ECCP) said it supports the establishment of an advisory panel to the Water Resource…
Philippines still not free of H5N1 bird flu
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DA.GOV.PH THE Bureau of Animal Industry (BAI) said the Philippines is still subject to outbreaks of type H5N1 avian influenza, first detected…
Japan investment pledges expected to materialize within 2-3 years
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MOST OF THE investment pledges extracted from Japan are expected to materialize within the next two or three years, the Department of…
House banking committee approves bill amending FIST law
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BW FILE PHOTO A BILL proposing amendments to the Financial Institutions Strategic Transfer (FIST) Act of 2021 has cleared the House banking…