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DOE: Oil firms agree to implement fuel price hike on staggered basis

Manila, June 23 -- Oil firms agreed to the government's request to implement on a staggered basis the fuel price adjustments for this week, the Department of Energy (DOE) said on Monday. In a stateme... Read More


More medicines now VAT-exempt

Manila, June 23 -- The Bureau of Internal Revenue (BIR) said 10 more medicines for cancer, high cholesterol, hypertension, and mental illness are now exempted from value-added tax (VAT). In a stateme... Read More


PAGCOR gives P100M for Ilocos Norte Sports Institute & Research

Manila, June 23 -- State-owned Philippine Amusement and Gaming Corporation (PAGCOR) awarded a PHP100-million grant to the provincial government of Ilocos Norte, for the construction of a sports and re... Read More


Mixed results mark T-bills auction

Manila, June 23 -- Results were mixed during the Treasury bills (T-bills) auction on Monday as the Auction Committee decided to fully award bids for the 181- and 364-day T-bills while partially awardi... Read More


DTI begins full enforcement of e-commerce law, liability rules

Manila, June 23 -- The Department of Trade and Industry (DTI) said the Internet Transactions Act of 2023 (ITA) is now in full effect following the end of its transitory period on June 20, making stric... Read More


Stocks down, peso depreciates amid Middle East tension

Manila, June 23 -- Local shares fell on Monday amid the continued tensions between Israel and Iran, while the peso also weakened. The Philippine Stock Exchange index (PSEi) fell 1.92 percent to 6,218... Read More


Oil firms to hike fuel prices on June 24, 26

Manila, June 23 -- Oil firms on Monday announced staggered price hikes on fuel products this week. In separate advisories, Seaoil, Shell, and Caltex said they will implement the first round of price ... Read More


Blood sampling starts in ASF-hit Surigao Norte town

Manila, June 23 -- The blood sampling in eight villages in Socorro, Surigao del Norte started on Monday to fully determine the extent of the African swine fever (ASF) infection. Last week, samples fr... Read More


Bicol cops seize P2.99-M drugs, arrest 33 suspects in weeklong ops

Manila, June 23 -- The Police Regional Office in Bicol (PRO-5) on Monday reported the confiscation of PHP2.99 million worth of illegal drugs during a series of operations from June 16 to 22. PRO-5 Di... Read More


City outgoing mayor hails COA unmodified opinion as 'parting gift'

Manila, June 23 -- Outgoing Mayor Jerry Trenas expressed his gratitude on Monday as he presided over what he called "probably his last flag-raising ceremony," celebrating the city government's first-e... Read More