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President Ferdinand Marcos Jr. led the audit of the ongoing rehabilitation of the PFDA-Navotas Fish Port Complex, highlighting the administration’s drive to modernize the country’s fisheries infrastructure to strengthen food security, improve supply chains, and reduce post-harvest losses. Joining President Marcos were Agriculture Secretary Francisco Tiu Laurel Jr., Agriculture Undersecretary Drusila Bayate and Philippine Fisheries […]
The Bureau of Customs (BOC) and the Israel Customs Directorate signed a Joint Action Plan (JAP) marking the official start of their cooperation toward establishing an Authorized Economic Operator (AEO) Mutual Recognition Arrangement (MRA) between the Philippines and Israel. The JAP was signed by Commissioner Ariel Nepomuceno and Israel Customs Directorate Director General Kfir Hen. […]
The Energy Regulatory Commission (ERC) has approved Resolution No. 22, Series of 2026, adopting a Uniform Reportorial Requirements (URR) Template Addendum that standardizes how Distribution Utilities (DUs) compute, monitor, and report Transmission and Ancillary Services (AS) charges. The measure strengthens transparency, accountability, and regulatory oversight of these pass-through costs while making electricity billing easier to […]
The Bureau of Internal Revenue (BIR), together with the Korea International Cooperation Agency (KOICA), marked the completion of the Electronic Invoicing and Sales Reporting System (EIS) Post Management Support Project and the formal turnover of the enhanced EIS during a Recognition and Transition Ceremony held at the BIR National Office, Quezon City. The ceremony was […]
Bureau of Customs (BOC) Commissioner Ariel Nepomuceno has been honored with the Asia’s Most Outstanding Leader for Customs Modernization and Public Service, recognizing his leadership in driving transformative reforms that have strengthened border security, modernized customs administration, and advanced transparent, efficient, and citizen-focused public service. The distinction reflects the BOC’s sustained progress in digitalization, trade […]
Amid rapid changes in the energy sector, the Energy Regulatory Commission (ERC) is advancing the Philippine Grid Code (PGC) 2026 Edition as a forward-looking reform to upgrade grid standards, strengthen system reliability, and enable the integration of renewable energy. The PGC 2026 Edition seeks to modernize the country’s transmission system through updated technical standards, stronger […]
The Subic Bay Metropolitan Authority (SBMA) turned over a total dividend of P820 million during the recently held Government-Owned and Controlled Corporations (GOCC) Day at Heroes Hall, Malacañang Palace. This milestone highlights the SBMA’s unwavering commitment to contributing to national government revenues despite changes in taxation policies. The higher tax rate led to a substantial […]
Agriculture Secretary Francisco Tiu Laurel led the opening of a new poultry dressing, processing, and warehousing facility in San Pablo, Laguna. The poultry facility operated by Art Fresh Chicken Corporation expands the poultry industry’s processing capacity while reinforcing efforts to strengthen food security and modernize the country’s poultry value chain. The new facility can process […]
National Bureau of Investigation (NBI) Director Melvin Matibag and Bureau of Customs (BOC) Commissioner Ariel Nepomuceno declared an intensified and uncompromising campaign against smuggling and illicit trade during a joint press conference and inspection of seized illicit cigarettes at Gothong Wharf in Mandaue City. The activity was attended by NBI Regional Director Atty. Dominador Cimafranca, […]
Executive Secretary Ralph Recto welcomed the Philippines’ official graduation to upper middle-income country (UMIC) status, underscoring that the milestone reflects the country’s stronger economic fundamentals under the Marcos Jr. administration and opens the door to more jobs, investments, and opportunities for every Filipino. “Hindi lang ito titulo. Ibig sabihin nito, mas lumalago ang ekonomiya natin. […]