Oil firms will increase pump prices yet again Tuesday but increments are softer compared to the past nine weeks. In separate advisories Monday, Caltex, Cleanfuel, Jetti, Petro Gazz, Phoenix Petroleum, PTT, Seaoil, Shell, Unioil and Petron will increa…
The country’s economic team on Monday reiterated full support and endorsement of the President’s recent decision to impose a price cap on rice. In a statement on Monday, Finance Secretary Benjamin Diokno also emphasized the importance of immediately …
The Department of Social Welfare and Development (DSWD) in Region 6 (Western Visayas) is ready to release a PHP3.75-million aid to an initial 250 small rice retailers affected by the price ceiling in the region. “We are fast-tracking the processing o…
The Department of Trade and Industry-Bicol (DTI-5) has profiled 578 rice retailers affected by Executive Order (EO) No. 39 which mandates price ceilings in markets and grocery stores. On Monday, DTI-Bicol Regional Director Dindo Nabol said that based…
President Ferdinand R. Marcos Jr. aims to raise the country’s ranking in the Global Innovation Index (GII) report of the World Intellectual Property Organization (WIPO) by the end of his term in 2028. ‘We believe that by addressing gaps and challenge…
The Department of Finance’s (DOF) proposal to reduce the 35-percent rice import tariff rates could bring down the price of imported rice by as much as PHP6 per kilo, a lawmaker said on Monday. Albay 2nd District Rep. Joey Salceda said the temporary r…
Senators unanimously approved on Monday Senate Bill Nos. (SBN) 2243 or the Philippine Salt Industry Development Act, and 2200 or the Basic Education Mental Health and Well-Being Promotion Act. SBN 2243 seeks to create a Council, with the Secretary of…
