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The Philippines consumes an average of 17,000 metric tons of onion per month. [7] In August 2022, the country was predicted to experience a shortage of onion and garlic. [8] The price of red onion in 2021 ranged between ₱90 and ₱120. [6]
President Marcos signs into law Republic Act No. 12022 or the Anti-Agricultural Economic Sabotage Act, designating the smuggling, hoarding, and cartel activities affecting agricultural products as economic sabotage. [266] The first driverless bus system in the Philippines is launched in New Clark City. [267] September 27:
The Bayanihan to Recover as One Act, also known as Bayanihan 2, [1] and officially designated as Republic Act No. 11494, is a law in the Philippines that was enacted in September 2020 granting the President additional authority to combat the COVID-19 pandemic in the Philippines. [2] [3]
Business and economy Second Trump tariffs , China–United States trade war The United States Postal Service says it is temporarily refusing inbound parcels from China and Hong Kong , but reverses this policy hours later.
Despite the Philippines efforts to compete with its Southeast Asian neighbors for foreign investment through luring companies to join an 8-trillion-peso ($156 billion) infrastructure program, [14] foreign investors remain uncertain. In response, Duterte's economic managers have tried to allay such fears.
The International Monetary Fund (IMF) sees better odds that central banks will manage to tame inflation without tipping the global economy into recession, but it warned Tuesday that growth ...
The National Task Force to End Local Communist Armed Conflict (NTF-ELCAC) is a task force organized by the government of the Philippines in 2018 as part of its "Whole-of-Nation approach" to respond to and raise awareness about ongoing communist armed conflicts in the Philippines, [1] [2] after the administration of President Rodrigo Duterte formally terminated peace talks between the ...
After a rapid intensification, Typhoon Mawar has become the most powerful storm of 2023 globally, according to the Joint Typhoon Warning Centre (JTWC). Mawar’s peak winds have surged to 175 mph ...