Economy

Baguio Plans Congestion Fee to Ease Traffic in Central Business District

Baguio — In an effort to alleviate traffic congestion within its central business district, the Baguio city government is considering…

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ARTA and Central Bank Collaborate to Simplify Mining Permit Process

ARTA — The Anti-Red Tape Authority (ARTA) and the central bank are set to streamline the process for obtaining small-scale…

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Philippine Manufacturers Commit to Price Freeze Amid Economic Challenges

MANILA — In a move to mitigate the economic impact of rising goods prices and the adverse effects of the…

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PHP500 Million Rehab Fund Set to Enhance Electricity Supply in Albay

Legazpi City, Albay - Residents of Albay are set to benefit from a more reliable power supply in the coming…

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Batangas Enhances Role in National Food Security with Focus on Coconut Industry and MSMEs

Batangas - The Office of the Provincial Agriculturist (OPAg) in Batangas is set to increase its contribution to national food…

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Bacolod Chicken Inasal Festival Expected to Boost Local Economy and Tourism

Bacolod - The three-day Bacolod Chicken Inasal Festival, which began Friday night on North Capitol Road, is set to enhance…

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Philippine Economic Growth Target for This Year Deemed Achievable, Says DOF Official

MANILA - The Philippine government's economic growth target for this year is achievable, stated a Department of Finance (DOF) official…

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Korean Agency Funds New Facility to Boost Mindoro’s Calamansi Industry

Oriental Mindoro - A significant development for the calamansi (Philippine lime) industry in Oriental Mindoro was marked with the inauguration…

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Inflation in Ilocos Region Rises to 2.4% in April, Led by Increases in Food and Transport Costs

ILOCOS REGION — The inflation rate in the Ilocos Region rose to 2.4 percent in April, marking a slight increase…

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Oil Prices Dip on Ceasefire Hopes in Gaza and US Economic Uncertainty

NEW YORK—Oil prices saw a decline on Monday, influenced by the prospects of a ceasefire in the Middle East and…

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