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Day: November 3, 2025

Stronger Support for Banana Sector Assured Amid Panama Disease Threat

Manila: The Department of Agriculture (DA) has vowed to support the banana sector in the country to help address the spread of Panama disease. The commitment came after the 32nd Joint General Assembly of the Philippine Banana Growers and Exporters Association (PBGEA) and the Banana Export Industry Foundation (BEIF). The Fusarium wilt tropical race 4, or Panama disease, is a fungal infection that severely affects banana production. According to Philippines News Agency, Agriculture Secretary Francisco Tiu Laurel Jr. stated that the DA is “firmly committed to supporting our banana farmers and exporters in addressing this challenge.” He emphasized the importance

BOC-POM to Auction Seized Luxury Vehicles from Discaya Couple on November 17

Manila: The Bureau of Customs-Port of Manila (BOC-POM) announced plans to auction seven luxury vehicles, previously seized from the Discaya couple, on November 17. The auction will be conducted through sealed bidding. According to Philippines News Agency, the vehicles include high-end models such as a 2022 Toyota Tundra, 2023 Toyota Sequoia, 2023 Rolls Royce Cullinan, 2022 Mercedes-Benz G63 AMG, 2019 Mercedes-Benz G500 (Brabus), 2021 Lincoln Navigator L, and a 2022 Bentley Bentayga. The auction will be held at 10 a.m. at the Situation Room of the Office of the Commissioner (OCOM) Building, Bureau of Customs in Port Area, Manila. Interested

PH Boosts Global Tourism Presence at World Travel Market London 2025

London: The Philippines will once again take the global stage as it presents its destinations, culture, and hospitality at the World Travel Market (WTM) London 2025, one of the world’s premier tourism trade events, from Nov. 4 to 6 at Excel London in the United Kingdom. In a statement on Monday, the Department of Tourism (DOT) said the country’s participation underscores its goal to strengthen its standing as a top Asian destination amid the steady rebound of global travel. According to Philippines News Agency, leading the Philippine delegation are Tourism Secretary Christina Garcia Frasco and Tourism Promotions Board (TPB) chief

CREATE MORE, New FTA Boost Investments from South Korea – Exec

Manila: A Philippine trade official on Monday partly traced to tax incentives law and the new free trade agreement (FTA) the new investment inflows from South Korea. According to Philippines News Agency, Philippine Economic Zone Authority (PEZA) Director General Tereso Panga, who was part of President Ferdinand R. Marcos Jr.’s delegation for the Asia Pacific Economic Cooperation (APEC) Summit and Related Summits in South Korea from Oct. 31 to Nov. 1, 2025, delivered a key presentation before Korean investors on the sidelines of the President’s APEC attendance. During the trip, Panga signed a Registration Agreement between PEZA and the Samsung

Fuel Prices Surge Again as Philippines Braces for Fifth Consecutive Weekly Increase

Manila: Fuel prices are scheduled to rise again on Tuesday by as much as PHP2.70 per liter. In separate advisories Monday, Seaoil, PTT Philippines, and Jetti Petroleum said the price of their gasoline products will be hiked by PHP1.70 per liter and diesel by PHP2.70 per liter, effective 6 a.m. Seaoil also announced that the price of its kerosene will increase by PHP2.10 per liter. According to Philippines News Agency, the same hikes will also be implemented by Caltex for gasoline, diesel, and kerosene, effective 6:01 a.m. “The adjustments reflect the movement on prices of refined fuel products, freight and