Top News

The business matching event held during President Ferdinand R. Marcos Jr.’s official working visit to Tokyo, Japan in February 2023 generated USD 620.72 million and USD 22.67 million in trade and investment leads, respectively, based on the submitted reports of the private sector participants. Companies from manufacturing, construction and infrastructure, real estate, communication and information technology, energy, and other fields …

Supporting the call from the Metropolitan Waterworks and Sewerage System (MWSS) to ensure water supply during the dry months, Manila Water has begun implementing measures to maximize production of its treatments plants and water sources, as it prepares for the expected increase in demand in summer. The water concessionaire started carrying out initiatives to meet demand while ensuring adequate water …

Local assemblers of automotive vehicles sold 30,905 units in February this year, 27.2 percent higher than the same month in 2022 with sales of 24,304 units, the Chamber of Automotive Manufacturing of the Philippines, Inc. (CAMPI) and the Truck Manufacturers Association (TMA) reported Monday. Year-on-year, both sales of passenger cars and commercial vehicles recorded increments. Passenger car sales increased by …

Department of Energy (DOE) Raphael Lotilla has urged Filipinos to observe efficient use of electricity to help ensure the availability of sufficient power in preparation for the dry season when higher temperature triggers increase in demand. On the sidelines of Makati Business Club’s event in Makati City Monday, Lotilla told reporters that based on the available supply and the scheduled …

Vintage car enthusiasts, industry stakeholders, and various government agencies gathered at the historic Presidential Car Museum at the Quezon City Memorial Circle, as the Land Transportation Office (LTO) officially signed the Implementing Rules and Regulations of RA 11698, also known as the Vintage Vehicle Law (VVL).  With the IRR completed and published, the law (which was passed last April 2022), …

Three municipalities in the province of Cagayan became the latest beneficiaries of the Philippine Amusement and Gaming Corporation’s (PAGCOR’s) Multi-Purpose Evacuation Center (MPEC) project after the state-run gaming agency inaugurated the newly constructed facilities on March 10 and 11, 2023. The PAGCOR-funded basketball-court type multi-purpose facilities worth P12.7 million each were formally unveiled in the towns of Amulong, Solana and …

Fun and exciting month-long activities await Filipina athletes and professionals this March, as the Philippine Sports Commission (PSC) joins the nation in celebrating National Women’s Month. First on the list is the PSC Women’s Fun Games scheduled on Wednesday, March 8, in conjunction with International Women’s Day. This will feature the agency’s women employees and staff. Next is the Women …

Consistent with the policy directive of President Ferdinand Marcos Jr. to bolster the government’s campaign against agricultural smuggling, the Department of Agriculture-Inspectorate and Enforcement Office led the inspection of 58 container vans offloaded at the Port of Subic, which were placed on alert mode last January 4, 2023. The operation conducted on March 2, 2023 in partnership with the Bureau …

Dried pili nuts from the Philippines can now enter the 27 member states of the European Union (EU) following the issuance of the European Commission Implementing Regulation (EU) 2023/267. The document signed on February 8, 2023 authorizes the inclusion of dried pili nuts in the Union list of novel foods that may be placed on the EU market after it …

Headline inflation in February this year eased to 8.6 percent from 8.7 percent the previous month, the Philippine Statistics Authority (PSA) reported Tuesday. In a virtual press conference, PSA Undersecretary Dennis Mapa said prices of goods and services remained elevated despite the slowdown in inflation. The PSA attributed the easing of inflation last month to the slowdown of transport group …