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LMP backs PBBM's PH dev't plan

The League of Municipalities of the Philippines (LMP) has committed support to the economic development agenda of President Ferdinand “Bongbong” Marcos, Jr., saying the partnership between the national and local government units (LGUs) has been a tried-and-tested formula to maximize the benefits to ....

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DTI adjusts anti-dumping duty on imported cement from Vietnam

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The Department of Trade and Industry (DTI) has issued a new Department Administrative Order (DAO) adjusting the earlier imposition of definitive anti-dumping duty on imported cement from Vietnam following the filing of motion for reconsideration by affected parties.



DAO No. 23-01 Se ....

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DA exec: Order to import sugar will manage inflation

(File photo) MANILA - The move to import around 450,000 metric tons of sugar by the Department of Agriculture (DA) is aimed at managing inflation and building a buffer stock that will adequately meet the country's sugar requirements, a senior Agriculture official said on Wednesday. In a press briefing at Malacanan Palace, DA Senior Undersecretary Domingo Panganiban said they acted on the directive of President Ferdinand R. Marcos Jr. to immediately address inflation due to supply issues. "In response to the directive of the President to address inflation and create a buffer stock and given that sugar as one of the components of most commodities that drives the consistently high inflation rate, I acted with haste and interpreted the memorandum issued by the Office of the Executive Secretary as an approval to proceed with the importation," Panganiban told the members of the Malacanang Press Corps. "With the urgency of the situation, I instructed three capable and accre ....

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Trade chief touts BOI's P344B investment leads as promising

TRADE Secretary Alfredo E. Pascual said the potential investment leads being processed by the Board of Investments (BOI) looks promising and may allow the agency to meet its targets before mid-year. “So far, the agency still has potential investment leads of around P344 billion that will still be processed and,… ....

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