MANILA, Philippines — Senate trade and commerce panel chairperson Sen. Bam Aquino has urged government lending agencies to defer loan interest to small business owners from January to March 2027 amid the anticipated Super El Niño. According to the Philippine Atmospheric, Geophysical and Astronomical Services Administration (Pagasa), the Super El Niño is expected to peak in December 2026 and last through the first quarter of 2027. “Now that Super El Niño is expected to result in an increase in the prices of commodities, electricity, petroleum products, and other essential goods, the income and livelihood of our small business owners, workers, and […]...

Keep on reading: Aquino urges gov’t lenders to waive loan interest during Super El Niño