Business

CA affirms legality of 2014 WESM price spike

By Benjamin Pulta/PNA MANILA -- The Court of Appeals (CA) affirmed its decision voiding orders issued by the Energy Regulatory Commission (ERC) nullifying the increase in prices at the Wholesale Electricity Spot Market...

Duty Free PH adds homegrown brands to new website

By Joyce Ann L. Rocamora/PNA MANILA -- The Duty Free Philippines is now offering Filipino brands on its new shopping website in a bid to support local farmers and small and medium-sized enterprises...

Rice tariffication to bolster PH’s WTO membership

By Joann Villanueva/PNA MANILA -- The implementation of rice tariffication will further bolster the Philippines' advantages vis-à-vis its membership to the World Trade Organization (WTO). In a reply to questions from the Philippines News...

Banknotes with Diokno’s signature in circulation by June

By Joann Villanueva/PNA MANILA -- The initial batch of Philippine bank notes bearing the signature of Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno will be out around June 2019. This was disclosed by...

Agri losses due to El Niño breach P5-B mark

By Lilybeth Ison/PNA MANILA -- Losses to local agriculture due to the El Niño have reached PHP5.05 billion as of Tuesday (April 2) from the PHP4.35 billion recorded over the weekend, representing around...

PRRD orders review of all gov’t contracts with private firms

By Azer Parrocha/PNA MANILA -- President Rodrigo R. Duterte has ordered the Office of the Solicitor General, the Department of Justice, and all legal departments to review all contracts entered into by the...
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