Noncommunicable diseases like cancer often require prolonged management and sometimes, hospitalization and recovery, entailing huge expenses that can push patients and their family to financial hardship, even poverty. People who seek cancer care hit barriers at every turn. Income, education, geographical location and discrimination based on ethnicity, race, gender, sexual orientation, age, disability and lifestyle […]Read More

STOCKS continued to decline on Tuesday on faster-than-expected January inflation that fueled expectations of another big rate hike by the Bangko Sentral ng Pilipinas (BSP). The benchmark Philippine Stock Exchange index (PSEi) went down by 55.35 points or 0.79% to close at 6,881.26 on Tuesday, while the broader all shares index dropped by 18.93 points […]Read More

PHILIPPINE STAR/ WALTER BOLLOZOS THE PESO sank to the P55-per-dollar level on Tuesday as January headline inflation was faster than expected and amid hawkish signals from the US Federal Reserve. The local currency closed at P55.085 versus the greenback on Tuesday, declining by 69.5 centavos from Monday’s P54.39 finish, data from the Bankers Association of […]Read More

President Ferdinand Marcos Jr. answers questions from the media after his first Cabinet meeting in Malacañan Palace, July 5, 2022. — PHILIPPINE STAR/ KRIZ JOHN ROSALES THE PHILIPPINES is expected to obtain P150 billion in investment pledges during President Ferdinand R. Marcos, Jr.’s official visit to Japan. “We are expecting that substantial returns in terms […]Read More

REUTERS AGRICULTURE industry representatives said the government has not adequately supported farmers in achieving competitiveness against imports, which they called a necessary step before opening up the market under the terms of the Regional Comprehensive Economic Partnership (RCEP). During a Senate hearing on the world’s largest free trade agreement on Tuesday, United Broiler Raisers Association […]Read More

POLLOC FREEPORT AND ECOZONE — BARMM FACEBOOK PAGE THE classification of economic zone logistics services enterprises (ELSEs) as eligible for incentives under the Strategic Investment Priorities Plan (SIPP) is expected to raise investment in the industry, the Philippine Economic Zone Authority (PEZA) said. In a statement on Tuesday, PEZA Officer-in-Charge Tereso O. Panga said ELSEs […]Read More

BW FILE PHOTO A BILL that requires real estate investment trusts (REITs) to reinvest proceeds from their fundraising activities in the Philippines has been approved at the committee level in the House of Representatives. The House economic affairs committee approved on Tuesday House Bill No. 6500, which proposes to amend Republic Act No. 9856, or […]Read More

NESTLÉ Philippines said the Regional Comprehensive Economic Partnership (RCEP) may not be beneficial to the entire coffee industry, after specialty growers said the trade agreement could be an opportunity for the part of the sector than can successfully market its beans with distinctive geographical indications (GIs). “We believe that overall, RCEP will boost free trade […]Read More

THE PHILIPPINES needs to strengthen its trade relationships with the rest of the Association of Southeast Asian Nations (ASEAN) to ensure access to affordable rice, an agricultural economist said. “We have to strengthen our ASEAN trade relations to ensure rice availability and affordability…,” Karlo Fermin S. Adriano of the Ateneo de Manila University Economics department […]Read More

THE Department of Environment and Natural Resources (DENR) has issued a cease-and-desist order against the Altai Philippines Mining Corp. (APMC) following an alleged breach of environmental regulations at its nickel exploration site in Romblon. The joint order issued by the DENR office in the Mimaropa (Mindoro, Marinduque, Romblon, Palawan) region on Monday also suspends the […]Read More