THE PHILIPPINES is seeking a $1-billion World Bank loan to boost agrifood productivity and resiliency in the face of challenges posed by climate change. The proposed Philippine Sustainable Agriculture Transformation…
Economy
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SUBSIDIES provided to government-owned and -controlled corporations (GOCCs) rose 30.24% year on year in October, the Bureau of the Treasury (BTr) said. The Treasury said budgetary support to GOCCs totaled…
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THE Metropolitan Manila Development Authority (MMDA) needs to optimize the scheduling of mall-wide sales to ease road congestion on Epifanio de los Santos Avenue (EDSA) as an alternative to a…
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THE Philippine Exporters Confederation, Inc. (Philexport) said exporters and manufacturers stand to tap a $12-trillion market by building sustainability into their businesses. In a statement over the weekend, the group…
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THE Energy Regulatory Commission (ERC) approved a National Grid Corp. of the Philippines’ (NGCP) P20.65 billion transmission line connecting Balaoan, La Union to Laoag City. The 500 kilovolt (kV) line…
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IN BRIEF: • Attacks targeting small businesses are on the rise, and a single successful breach could jeopardize operations, customer trust, and business continuity. • Rather than try to build…
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THE Indian business process outsourcing (BPO) industry is expected to expand its presence in the Philippines due to the affordable office space, according to global real estate services firm Santos…
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THE GOVERNMENT has removed six projects from its public-private partnership (PPP) pipeline, led by the P763.54-billion Laguna Lake Rehabilitation and Development Project. Also delisted by the PPP were local unsolicited…
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THE World Bank said on Thursday that the feud between President Ferdinand R. Marcos, Jr. and Vice-President Sara Z. Duterte-Carpio will not have an immediate effect on the economy. “While…
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THE Philippine unit of TDK Corp., a Japanese electronic components and devices company has opened a second factory in Laguna TechnoPark, according to the Philippine Economic Zone Authority (PEZA). In…