‘Farm-to-market road cost must be pegged on terrain’
While the Department of Agriculture (DA) is prepared to implement the farm-to-market road (FMR) projects, the standard cost per kilometer should vary depending on topography, according to a ranking official.
‘Private spending, soft infrastructure to sustain growth momentum’
The recent slowdown in the government’s infrastructure spending is unlikely to drag down the country’s gross domestic product target, as catch-up measures including post-election spending and soft infrastructure are expected to sustain momentum, the DBM said.
Local carriers shelve terminal enhancement fee proposal
Local carriers are no longer pursuing their proposal for a terminal enhancement fee, the Civil Aeronautics Board (CAB) said, adding that carriers may explore options that do not require government approval.
Food EOs seen boosting farmer incomes, creating guaranteed markets for produce
The Department of Agriculture (DA) said it expects the two executive orders (EOs) issued by President Ferdinand R. Marcos, Jr. to result in price stability and guaranteed markets for farmers and fisherfolk.
Gross borrowings fall in September
The National Government’s (NG) gross borrowings declined by 65% in September, reflecting a slowdown in public spending. The latest data from the Treasury showed that total gross borrowings fell by 64.89% to P128.913 billion in September from P367.183 billion in the same month a year ago.
PHL cold storage market deemed ‘attractive’
Increasing demand for perishable goods makes the Philippines an attractive market for the cold storage industry, according to a global infrastructure investor.
PH forum pitches viability of sustainable aviation fuel
The future of the country’s sustainable aviation fuel (SAF) industry was discussed at the recent 1st Philippine Sustainable Aviation Fuel Investment Forum, the Philippine Board of Investments (BOI) said on Monday.
PHL anticipates stronger trade flows from key ASEAN deals
The Philippines expects stronger regional trade and investment flows as two key trade pacts — the Association of Southeast Asian Nations (ASEAN)-China Free Trade Area (ACFTA) 3.0 Upgrade and the Second Protocol to Amend the ASEAN Trade in Goods Agreement (ATIGA) — promise to modernize economic cooperation across the regional bloc.
Projects in green-lane pipeline valued at P5.951T
The Board of Investments (BoI) said it certified 219 projects as of Oct. 20 for green-lane expedited-permit treatment and endorsed them to the One-Stop Action Center for Strategic Investments.
Steady GDP growth seen despite moderation in H2
The Bangko Sentral ng Pilipinas (BSP) expects the Philippine economy to remain on a firm footing this year despite potential moderation in the second half, with inflation projected to stay below target and monetary policy remaining supportive of growth.
Marcos sets minimum price for palay to protect farmers
President Ferdinand Marcos Jr. has signed an executive order establishing a government-mandated floor price for palay (unmilled rice) to protect farmers from volatile and often low farmgate prices.
Philippines signs UN convention vs cybercrime
The Philippines signed the United Nations Convention against Cybercrime during a convention in Hanoi, Vietnam, making it one of the first countries to join the global treaty that facilitates the cross-border sharing of electronic evidence, and recognizes the non-consensual distribution of intimate images as an offense.
DICT extends tower license to 15 years
The Department of Information and Communications Technology (DICT) is cutting red tape and giving tower companies a longer runway to build faster—supporting President Ferdinand R. Marcos Jr.’s push to fast-track digital connectivity.
SEC to roll out blockchain-based authentication system for corporate filings
The public has until October 31 to submit their comments on a proposed rule to use blockchain technology for digital authentication of reports and documentary filings by companies, the Securities and Exchange Commission (SEC) said recently.
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