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Sunday, September 23, 2018

Top News

Ompong strands 100 OFWs traveling through Clark; DFA gives cash aid

OVERSEAS Filipino workers (OFWs) whose flights in Clark were affected by Typhoon Ompong on Saturday were given P5,000 each in cash assistance from the...

Batten Down Traumatized by Yolanda and Ondoy, the PHL prepares better...

HOUNDED by the bitter lessons and sad memories of Supertyphoon Yolanda (international code name Haiyan) and how it dealt the past administration one of...

Hope springs eternal for finance chief amid protests, concern over TRAIN...

THE Department of Finance (DOF) has expressed confidence that the second package of its Comprehensive Tax Reform Program (CTRP) will still be passed within...

8-month-old baby drowns in Albay flood brought by Typhoon Ompong

Local government officials continued on Friday with the massive forced evacuation in the areas that would be severely affected by Typhoon Ompong, which has...

Planes bound for HK, other parts of China marooned at Naia

SCORES of local and international carriers were marooned at the Ninoy Aquino International airport unable to fly to Hong Kong, Shanghai, Xiamen and other...

DOF chief Dominguez spurns calls for early rate hike

FINANCE Secretary Carlos Dominguez, a member of the central bank’s Monetary Board, said there’s no need for an out-of-cycle interest-rate increase as policy makers...

PHL end-June external debt dips slightly to $72.2 billion- BSP

THE Philippines registered an outstanding external debt of $72.2 billion as of end-June 2018, contracting by 0.4 percent from the recorded $72.5 billion in...

Economic managers: Inflation ‘not a major crisis’ for nation, enough tools are...

TWO economic managers said on Friday there is no cause for alarm over the country's inflation levels, pointing out that the government is using...

Signal no. 4 up in Cagayan, northern Isabela as Ompong nears

Weather forecasters raised on Friday storm signal number 4 in Cagayan and northern Isabela as rain and wind spawned by Typhoon Ompong are already...

TRAIN 2 year-end OK in Senate faces delay

A BIPARTISAN consensus is shaping up among senators for a more careful consideration of the administration’s second major tax-reform measure, as senators raised the...

US bidders shun New Clark City

THE Department of Finance (DOF) has questioned the absence of American investors in the Duterte administration’s flagship infrastructure project to develop the Clark Freeport...

Draft EO by Cabinet scraps NTBs on food

THE Economic Development Cluster (EDC) has submitted to the President a draft executive order (EO) that removes nontariff barriers (NTBs) on food items to...

Northern, Central Luzon brace for Ompong’s fury

AT least 4.3 million people who live in areas directly threatened by Typhoon Ompong may bear the brunt of the powerful storm, which is...

Fortune Life Values Advocacy awards cap Teachers’ Month

EDUCATION Secretary Leonor M. Briones hailed as a fitting highlight of World Teachers’ Month the conferment of recognition on educators who taught in the...

‘Sue erring contractor, government men in post-Yolanda housing’

THE House Committee on Housing and Urban Development said the government should file cases against a contractor and National Housing Authority (NHA) personnel involved...

Carriers mull over flight cuts to lessen tourist visit to Boracay

THE Department of Tourism (DOT) will be asking the country’s various airlines to reduce their number of flights to Kalibo and Caticlan in an...

Veteran tourism exec takes over scandal-rocked Tourism Promotions Board

A CAREER government official  has been appointed as chief operating officer (COO) of the Tourism Promotions Board (TPB), the marketing arm of the Department...

Tax perks bill to cause bigger trade gap: JFC

THE country will suffer from a larger trade deficit if the government insists on rationalizing tax incentives, as foreign exporting firms will most probably...

With no ‘BBB’ funds for water, scarcity feared

THE Philippines is still at risk of experiencing a water crisis due to the bleak water-availability-per-capita situation in the country, according to experts. This grim...

It’s that bad: Export leader says a ‘flat’ growth is fine

AN export sector leader has lowered his growth forecast for this year after July figures revealed exports only grew by 0.3 percent. Sergio R. Ortiz-Luis...