Economy

METRO PACIFIC Agro Ventures (MPAV), a unit of Metro Pacific Investments Corp. (MPIC), opened a 3.5-hectare vegetable greenhouse complex on Tuesday in San…

By Kyle Aristophere T. Atienza, Reporter ISRAELI companies are working on poultry and cacao projects in the Philippines, Israel’s ambassador to Manila Ilan…

MASUNGI GEORESERVE operator Blue Star Construction & Development Corp. urged the Department of Environment and Natural Resources (DENR) on Tuesday to reconsider its…

THE Board of Investments (BoI) said it is targeting Japanese developers for industrial and tourism-related land development activities in the Philippines. “We told…

THE Department of Budget and Management (DBM) said it set a ceiling of P3.864 trillion for ongoing spending in 2026, as the deadline…

HERMA SHIPYARD, INC. (HSI) said it launched a petroleum tanker with capacity of 18 mega barrels (MB) from its Bataan facility, saying it…

THE Bases Conversion and Development Authority (BCDA) has signed a new memorandum of agreement (MoA) featuring higher annual lease payment for the Ninoy…

THE PHILIPPINES was among the “lead reformers” in the Asia-Pacific region on trade facilitation, the Organisation for Economic Cooperation and Development (OECD) said…

THE Bureau of Internal Revenue (BIR) won a P5.7-billion tax evasion case against a Chinese-run illicit cigarette business. In a statement on Tuesday,…

ASIAN ECONOMIES must strengthen their cooperation and partnerships in the face of geopolitical tensions and global fragmentation, the Asian Development Bank (ADB) said.…