THE PHILIPPINES has signed a funding agreement with the International Bank for Reconstruction and Development (IBRD), an arm of the World Bank, to rebuild over 3,000 schools damaged by typhoons,…
Category:
Economy
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THE bond market’s expansion picked up in the third quarter, driven by an increase in corporate issuances after the central bank began its easing cycle, according to the November Asia…
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THE Bureau of Customs (BoC) said it seized P7 billion worth of counterfeit branded products from warehouses at the 168 Mall in Binondo, Manila. On the sidelines of a briefing…
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THE SENATE on Tuesday approved its version of the government’s proposed P6.352-trillion national budget next year, with senators prioritizing funding for the Education, Health and Defense departments. By a vote…
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By Adrian H. Halili, Reporter THE Department of Agriculture (DA) said on Tuesday that it downgraded its palay (unmilled rice) production forecast for this year due to the spate of…
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THE Department of Agriculture (DA) said it is considering issuing more import clearances for yellow onion and small pelagic fish, citing a drop in supply following recent storms. “It looks…
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RECENT economic reforms have raised confidence in the Philippines prospects, though ease of doing business remains the main challenge in attracting investors, business leaders said. “I’m actually very cautiously optimistic.…
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THE Zamboanga Peninsula regional wage board’s P33 minimum wage increase, which will take effect on Dec. 12, has been approved, the Labor department said. In a statement on Tuesday, the…
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By Justine Irish D. Tabile, Reporter THE PHILIPPINES could be in position to benefit from the tariffs the Trump administration is promising to impose should the incoming government in Washington…
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A HOUSE committee approved on Tuesday an unnumbered substitute bill seeking to strengthen the oversight powers of the Energy Regulatory Commission (ERC). The bill, part of a broader effort to…