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Planters could lose almost P8 per kilogram due to the decline in farmgate prices if the proposed reduction in tariff was approved, according to the Department of Agriculture (DA). In its position paper submitted to the Tariff Commission, the DA expressed “reservation” in supporting the proposal by the private sector to reduce the tariff on
Improved government spending may drive the country’s GDP growth to as much as 5.2 percent in the third quarter, according to a local think tank. In its latest Market Call report, the First Metro Investment Corporation-University of Asia and the Pacific (FMIC-UA&P) Capital Market Research said GDP growth in the third quarter may reach 5
THE Philippine Coast Guard (PCG) on Sunday scored the installation by the China Coast Guard (CCG) of a floating barrier at the southwest portion of Bajo De Masinloc (BDM), preventing the entry of Filipino fishing boats (FFB) and their crews. Joining the outcry was the Bureau of Fisheries and Aquatic Resources (BFAR). This act of
THE Philippine economy is now expected to post slower growth on the back of weaker external demand and high base effects, according to the Asean+3 Macroeconomic Research Office (AMRO). AMRO said in a statement on Tuesday that it now projects the country’s GDP growth to average 5.9 percent in 2023…
Ma. Stella F. Arnaldo / Special to the BusinessMirror PRESIDENT Marcos Jr. assured the tourism industry of his administration’s continued commitment, as he acknowledged it as a “strong pillar of our economic growth.” In a speech at the opening of the 3-day 34th Philippine Travel Mart (PTM) on September 1,…