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The Energy Regulatory Commission (ERC) underscored the importance of market-based mechanisms and energy efficiency initiatives in helping businesses manage energy volatility and improve competitiveness amid evolving global conditions. ERC Chairperson and CEO Atty. Francis Saturnino Juan delivered the keynote address at the Energy Efficiency Forum organized by the Federation of Indian Chambers of Commerce Philippines, […]
The Marcos administration is placing agriculture at the heart of its fight against child malnutrition, using the country’s P3-billion milk feeding program not only to nourish millions of learners but also to provide Filipino dairy farmers with a dependable market for their produce. Agriculture Secretary Francisco Tiu Laurel Jr. pledged the Department of Agriculture’s full […]
The Bureau of Customs (BOC), under the leadership of Commissioner Ariel Nepomuceno, intercepted nine (9) containers containing misdeclared vapes and vape-related products at the Manila International Container Port (MICP), with a total approximate value of ₱137 million. Acting on derogatory information, MICP District Collector Atty. Geoffrey De Vera IV issued Alert Orders against nine (9) […]
Bureau of Internal Revenue (BIR) Commissioner Charlito Martin Mendoza reported on the first six months of the Bureau’s reforms under the BIR DARES agenda during the Swiss Chamber of Commerce of the Philippines (SwissCham) “Policy to Practice” Roundtable. During the event, the BIR and SwissCham also signed a Memorandum of Understanding (MOU) to strengthen public-private […]
Lower food prices, particularly rice, helped cool inflation in June, prompting Agriculture Secretary Francisco Tiu Laurel Jr. to push for the extension of the government’s price cap on imported rice while sustaining efforts to keep food supplies ample and markets stable. Headline inflation eased to 6.4 percent in June from 6.8 percent in May, according […]
Continuing the Christmas tradition of putting Filipino films into the spotlight, the Metro Manila Film Festival (MMFF) unveiled its first four entries as it expands the film fest journey outside Metro Manila with three cities coming together to celebrate its 52nd edition. At the announcement of the first batch of entries at the East Wing […]
The Bureau of Internal Revenue (BIR) has issued Revenue Memorandum Circular (RMC) No. 72-2026, clarifying the tax treatment of nominee transfers of proprietary club shares that do not involve any change in beneficial ownership while removing the requirement for qualified transactions to secure a prior confirmatory ruling. BIR Commissioner Charlito Martin Mendoza said the issuance […]
Games and Amusements Board (GAB) Chairman Atty. Francisco Rivera welcomed former Sacramento Kings NBA assistant coach Jimmy Alapag to the GAB Central Office in Makati City. Alapag secured his GAB professional license, officially paving the way for his return to Philippine professional basketball. For him, the homecoming is about more than basketball—it is also about […]
The Energy Regulatory Commission (ERC) recognized the Wholesale Electricity Spot Market’s (WESM) 20 years of commercial operations and affirmed its vital role in advancing a competitive, transparent, and reliable power market in the country. Over the past two decades, WESM has served as the country’s primary venue for electricity trading—promoting price transparency, enhancing competition, and […]
The Bureau of Customs (BOC), under the leadership of Commissioner Ariel Nepomuceno, sustained its strong revenue performance in June 2026, collecting ₱86.073 billion, surpassing its monthly target of ₱83.220 billion by ₱2.853 billion. This brought the BOC’s total revenue surplus for the first half of 2026 to ₱11.478 billion, with cumulative collections reaching ₱491.748 billion, […]