National Economic Development Authority (NEDA) Secretary Arsenio Balisacan on Thursday said the Board endorsed the extension of the reduced Most Favored Nation (MFN) tariff rates for basic commodities such as rice, corn, and meat, until December 31, 2024.
Motorists will have to pay less for petroleum products this week, as oil firms on Monday announced a major rollback to mark the second straight week of downward adjustments for diesel.
Budget carrier Cebu Pacific has launched its maiden direct Manila to Da Nang, Vietnam flight as it ramps up its operations in line with the post-pandemic recovery of the air travel sector.
The Philippines’ balance of payments position swung back to a surplus in October after posting a deficit the prior six months, data released by the BSP on Monday revealed.
Remittances from overseas Filipinos rebounded in September after the decline recorded in the previous month, with a seasonal increase expected in the last quarter of the year, data released by the Bangko Sentral ng Pilipinas (BSP) on Wednesday showed.