28 C
Manila
Monday, September 24, 2018
Home News

News

This is how the next economic crisis will look like

Lately, there have been many comments about the next global financial crisis to the 10-year “anniversary,” but a new crisis is building, though very slowly.

Tunnels of tragedy DENR struggles to control small-scale mining after deadly...

ENVIRONMENT Secretary Roy A. Cimatu has announced the creation of Task Force Mining Challenge to stop the rampant illegal small-scale mining in gold-rich areas...

Spoilers in paradise Fuming tourism chief warns local govt to clean...

CLEAN  it up. This was the warning of Tourism Secretary Bernadette Fatima Romulo Puyat to the local government of El Nido in Palawan, after...

Government forcibly evacuates Cebu villages as slide death toll climbs to 22,...

NAGA, CEBU—Philippine troops and police forcibly evacuated residents of five villages vulnerable to landslides after the collapse of a mountainside buried dozens of homes...

Ompong damage reaches P17.9  billion

Damage to infrastructure and agriculture caused by Typhoon Ompong (international code name Mangkhut) is now at P17.97 billion, the National Disaster Risk Reduction and...

Endorsement for declaring state of calamity in Ompong-hit areas ready–NEDA

The National Economic and Development Authority (Neda) has reported that four out of the five members of the interagency National Disaster Risk Reduction and...

H1 oil import bill up 32.8% on high prices, weak peso

THE country’s net oil import bill in the first half of the year amounted to $5.678 billion, up by 32.8 percent from $4.277 billion...

SBMA setting up Subic airport for international flights

SUBIC BAY FREEPORT—Hoping to regain Subic’s lost glory as a major port for commercial airlines, the Subic Bay Metropolitan Authority (SBMA) is now setting...

PHL could import more rice to ease high prices

THE additional rice imports of the Philippines could exceed 250,000 metric tons (MT) to increase the availability of low-cost rice sold by the National...

PHL has capacity, needs right policies, in shift to 4th industrial...

SINGAPORE—The right economic policies will fast-track the Philippines’s transition to the fourth industrial revolution, according to energy and automation multinational Schneider Electric. In a news...

House says on track in deliberations on budget

DESPITE the two-day delay in its budget deliberations, the House of Representatives is still on track in finishing deliberations for the P3.757-trillion budget for...

‘Trabaho’ bill has little impact on revenue–Fitch

FITCH Solutions—the research arm of the Fitch Group —said on Thursday the Philippines’s second tax-reform package is likely to yield little results, based on their early...

GMA, who opened up mining in 2004, backs tax on sector

Gloria Macapagal Arroyo
SPEAKER Gloria Macapagal-Arroyo on Thursday vowed to pass a law that would allow the government to earn more revenues from the mining industry, as part of...

LandBank told: Go back to first mission of helping farmers

PRESIDENT Duterte wants the Land Bank of the Philippines (LandBank) to go back to its original mandate of helping farmers and not burden them...

Mocha sued before Ombudsman for video

MEMBERS and supporters of a group championing the rights of persons with disability (PWD) have filed a case against Assistant Secretary Mocha Uson with...

Alternate routes set as martial law anniversary, Alay Lakad to shutter...

THE Metropolitan Manila Development Authority (MMDA) and Manila District Traffic Enforcement Unit (MDTEU) advised motorists to take alternate routes on Friday and Sunday (September...

DTI eyes safeguard measure amid rise on cement imports

Trade Secretary Ramon M. Lopez has initiated an investigation to determine whether the government should impose a safeguard measure on cement, as imports of...

PHL foreign meat purchase bill grew to record 27.91% in last 7...

The country’s meat imports this year is on track to hit a new record high, as total volume from January-to-July posted a 27.91-percent growth...

MWSS inks agreement with Daegu officials on wastewater management

The Duterte administration is moving to improve Metro Manila’s overall sewerage coverage and wastewater management system as part of its effort to enhance water...

Comelec needs P857 million for Bangsamoro plebiscite

The two expected referendums to be held by the Commission on Election (Comelec) next year remain unfunded for now. In an ambush interview, Comelec chairman...