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Economy

Neda chief: Rush to federalism will disrupt growth momentum

A shift to federalism could derail the Duterte administration’s infrastructure projects and disrupt the Philippine economy’s growth momentum, according to the National Economic and...

PHL has to ‘work harder’ to reach year-end GDP target–DOF exec

A Department of Finance (DOF) official on Tuesday said the country has to ramp up capital formation or investment efforts by about 30 percent...

Duterte remains undeterred on federalism push–Palace

Notwithstanding the concerns raised by economic managers and influential business groups on the shift to federalism, Malacañang on Monday said President Duterte is still inclined to...

Do you know what corruption is?

I have been involved in corruption (a long time ago) and in anti-corruption for a good number of years now. I have signed the...

Only 30% of Boracay hotels seen opening by October 26

A TOURISM industry leader warned would-be tourists about making vacation plans on Boracay Island, especially for the forthcoming long All Saints’ Day weekend, because...

‘BBB’ seen benefiting retail, services sectors

The “Build, Build, Build” (BBB) program, touted as the most ambitious infrastructure development scheme of the Duterte administration, will not only generate jobs during...

DOLE seeks funds to hire more labor inspectors

Despite its need for additional labor inspectors for its campaign against illegal contractualization next year, the Department of Labor and Employment (DOLE) said the...

Health and wellness industry top earner in 2016—PSA

Filipinos remain conscious about their health and wellness as companies engaged in these activities earned the most among industries under the Other Service Activities...

Senator to Duterte economic team: Show us ‘real’ employment figures

Sen. Francis G. Escudero awaits the submission of “real” unemployment data from the Duterte administration’s economic managers that, he stressed, should accurately reflect the...

Bill seeks to delete foreign restriction in bidding for locally funded...

Sen. Sherwin T. Gatchalian has filed a bill to discard investment restrictions in a 78-year-old law that prevents foreign contractors from bidding on locally...

House members want P93-billion DPWH budget slash restored

Lawmakers on both sides of the political fence have united to push for an increase in the budget of the Department of Public Works...

DA chief nixes zero-tariff proposal on corn imports 

Agriculture Secretary Emmanuel F. Piñol is amenable to reducing the tariffs on corn imports as a measure to lower production costs of livestock and...

GDP growth forecast for Q1 revised downward to 6.6%

THE Philippine Statistics Authority (PSA) has revised downward its GDP growth forecast in the first quarter of the year due to lower estimates for...

DOE seeks P2-billion budget for 2019

The Department of Energy (DOE) on Wednesday identified six regions with electrification levels falling below 60 percent. There are four in Mindanao—Autonomous Region in Muslim Mindanao, 27.4...

PHL fulfills Efta free-trade commitment with new EO

President Duterte has signed an executive order (EO) modifying the rates of import duties on certain imported articles and pave the way for the...

D.A.R. mandates consultations on land-conversion applications

Agrarian Reform Secretary John R. Castriciones has issued an order that mandates public consultations on the approval of applications for the conversion of agricultural...

T.P.B. garners ISO 9001:2015 certification

The Tourism Promotions Board (TPB) has been certified as ISO 9001:2015 compliant following a thorough two-day audit conducted on June 5 and 6. A news...

C.A.R. minimum-wage earners get pay hike

Minimum-wage earners in the Cordillera Administrative Region (CAR) will start getting a P20 to P30 pay increase this month, after the new wage order...

2.3 million voter applications for May polls

The Commission on Elections (Comelec) received close to 2.3 million applications in the first month of the resumption of the continuing voter registration nationwide...

DTI chief, business leaders favor input-tariff slash 

Reducing tariffs on inputs will allow exporters to recover in the second semester in the face of spiking inflation, the country’s trade chief and...