Browsing Category
Economy
7109 posts
ERC pressed to direct DUs to halt power disconnection
The Energy Regulatory Commission (ERC) was asked Thursday to direct power distribution utilities (DUs) to “replicate Meralco’s no…
Arrival of new Covid shots raises PHL vaccine stock to 42 million
Two million doses of Sinovac vaccine arrived at the Ninoy Aquino International Airport (Naia) from Beijing at 5:50 p.m.…
Bill grants tax exemption to med supplies for Covid cure
A leader of the House of Representatives on Wednesday filed the proposed “Covid-19 Emergency Tax Exemption Act” to clear emergency…
DTI, solon outline measures to boost oxygen production amid case surge
Local oxygen manufacturers are in the process of importing more cylinder tanks in preparation for an anticipated spike…
Comelec resets opening of bids, tenders for 81,755 ‘vintage’ PCOS machines
The Commission on Elections (Comelec) is now selling its over 80,000 units of old Precinct Count Optical Scan…
Study calls for ‘grassroots’ monitoring of SDG goals
Efforts to track and meet Sustainable Development Goals (SDGs) at the local government unit (LGU) level should be…
Glimmer of hope amid Covid-19 spike as vaccines arrive at the airport by the bulk
The United Arab Emirates (UAE) government donated some 100,000 doses of Sinopharm vaccine that arrived on Wednesday, August 11,…
DTI to abide by TC ruling on automobile safeguard duty–Lopez
The Department of Trade and Industry (DTI) said it is mandated to follow the ruling of the Tariff…
Plugging supply gaps: Economic team prepares for closing of fishing season
The Philippines is preparing to import fish to plug supply gaps as the fishing season comes to a…
5 land-reclamation projects in Manila Bay in the pipeline
A total of 5 land-reclamation projects in Manila Bay within the territorial waters of the Province of Cavite…
Being disciplined–makes the difference!
Almost everyone wants to be disciplined, right? But for some reason, we just can’t seem to be consistent. Maybe we…
Barring adverse weather condition in H2, PHL on track to historic palay yield in 2021
The Philippines is on track to achieve its 20-million metric ton (MMT) historic palay harvest target this year…
CCC pushes new social contract to advance IPs’ rights, welfare
The Climate Change Commission (CCC) highlighted the contribution of Indigenous Peoples (IPs) in environmental conservation and the protection…
Printing industry books 53% sales drop amid pandemic, digital shift
The printing industry has registered a 53-percent drop in sales amid the accelerated shift to digitalization during the…
House panel approves provisions of bill declaring resource-rich Philippine Rise or Benham Rise as Protected Area
The House Committee on Ways and Means on Monday approved the tax provisions of a bill declaring a portion…
Dar plans to import fertilizer amid commodity price hike
The Philippines is mulling over the importation of fertilizer and sell this at a subsidized cost to farmers…
DOT targets to inoculate over 73K tourism workers in five key leisure sites
THE Department of Tourism (DOT) is targeting to vaccinate 73,477 tourism workers in five key leisure destinations in…
Habitat for Humanity spearheads competition on building disaster-proof homes for Filipinos
Nearly two million houses in the country are vulnerable to disasters such as typhoons and earthquakes, according to…
CEB flight brings back 264 OFWs from ME
Some 264 Filipinos from Dubai were flown home on board a Cebu Pacific (CEB) flight in response to the…
Holcim’s Circular Explorer to help rid Manila Bay of floating garbage
Getting rid of Manila Bay’s floating garbage will be easier starting next year. Cement firm Holcim Philippines Inc.…
DPWH sees completion of Jica-funded Marawi City road projects this month
The Department of Public Works and Highways (DPWH) said it targets to finish by the end of the…
NGCP bans plant maintenance activities during peak months
The National Grid Corporation of the Philippines (NGCP) on Wednesday assured that it would not allow power plant maintenance…
2-week ECQ may prevent more hard lockdowns–Concepcion
Implementing a two-week enhanced community quarantine (ECQ) may prevent further hard lockdowns that will hurt the already struggling…
Private schools laud House panel’s approval of bill clarifying tax rates
Following the swift second reading approval of the bill clarifying the income taxation of proprietary educational institutions, an…
96 Filipino CPAs step up to Asean-level accountants
DAVAO CITY—Ninety six more Filipino certified public accountants (CPA) have been upgraded to Asean level of professional accountants,…
DOF chief assures hotel owners of government support amid pandemic
Finance Secretary Carlos G. Dominguez III assured hotel owners that economic recovery is “near,” stressing that the Duterte…
DOTr retains current public transport limit in ECQ areas
The Department of Transportation (DOTr) has assured that it will retain the current public transport supply and capacity…
DA unveils new app for farmers, fisherfolk in digitalization push
The Department of Agriculture (DA) has created a new app that includes a chat function and electronic wallet…
Dominating organizations: Are they looking after society?
Digital capitalism ON July 27, everyone saw immediately how well quasi-monopolists pay off—for themselves, not for society. You…
Fabian and monsoon spell damage to infra at P1.17B; crop toll climbs to P698.76M
The Department of Public Works and Highways (DPWH) estimates that the damage caused by Typhoon Fabian the southwest…
9 areas still positive for ‘red tide’–BFAR
Coastal waters of Milagros in Masbate, Dauis and Tagbilaran City in Bohol; San Pedro in Western Samar; Matariano…
Grant of permit for Golden Rice cultivation in PHL lauded
House Committee on Ways and Means Chairman and Albay Second District Rep. Joey Sarte Salceda lauded the Department…
Government told: Tie up with fishery sector to increase food supply
Food security advocacy group Tugon Kabuhayan on Monday urged the national and local governments to partner with the…
Pandemic drastically pulls down power, water consumption in tourism industry
The tourism industry’s consumption of water and electricity plummeted due to the pandemic in 2020, according to the…
Bill allowing CSOs, POs to join budget process OK’d
The House of Representatives has endorsed for Senate approval a bill institutionalizing people’s participation in the annual budget process in…
House tells PSC to ensure grant of cash perks to sports winners
Lawmakers asked the Philippine Sports Commission (PSC) on Thursday to ensure that all Filipino podium finishers as well…
Fresh vaccine shipment arrives at Naia
A fresh shipment of 1.5 million doses of Sinovac vaccine from Beijing arrived at 7:31 a.m. on Thursday…
Palace prodded on ₧5-T 2022 national budget bill
The Executive department was reminded Wednesday on the need to prioritize funding economic recovery in the Palace-proposed P5-trillion…
Arta chief backs call for passage of E-Governance Act amid Covid
The Anti-Red Tape Authority (Arta) has echoed the President’s call for the passage of the E-Governance Act. Arta…
State infra spending in H1 rises to P426 billion on projects ramp-up
STATE infrastructure spending for the first half of the year grew to P426.6 billion on the back of…
Villar sets completion of P2.5-trillion DPWH infra program under Duterte
Department of Public Works and Highways (DPWH) Secretary Mark A. Villar is confident that his agency will finish…
Popcom chief may tap women Olympic athletes in teenage pregnancy education
The Population Commission (Popcom) on Tuesday said the historic triumph of Hidilyn Diaz in the Tokyo Olympic games…
How do entrepreneurs achieve their goals?
I basically achieved in my life what I wanted to achieve. But there is one thing that I…
Chinoy businessmen back ‘bold moves’ to control Delta variant spread
The Federation of Filipino Chinese Chambers of Commerce and Industry Inc. (FFCCCII) has expressed its support to the…
House front-loads scrutiny of Duterte administration’s pandemic spending
The House of Representatives will assert its oversight power to scrutinize the Duterte administration’s spending for its Covid-19…
PHL receives more than 500K doses of Covid vax
When it rains, it pours as 562,770 doses of Pfizer- BioNtech Covid-19 vaccine arrived at the Ninoy Aquino…
Aboitiz renews vow to fight malnutrition, end hunger through ‘Kain Tayo Pilipinas’
The Aboitiz group has thrown its support to the “Kain Tayo Pilipinas” program, which seeks to feed and…
Value of PHL mineral exports reaches P1.1 trillion in five years, group says
Philippines’S mineral exports in the past 5 years reached a whopping P1.1 trillion despite President Duterte’s promise to…
DTI eyes more test labs to ensure quality of construction materials
The Department of Trade and Industry (DTI) seeks to establish more standard testing laboratories for construction materials this…
Peso value ‘currency crash’ an error of platform’s source feed, BSP governor clarifies
Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno clarified that the sudden “currency crash” in the Philippine peso…
BTr awards ₧35-billion T-bonds amid improving market demand
The Bureau of the Treasury (BTr) fully awarded fresh 10-year Treasury bonds (T-bonds) worth P35 billion in its…
Gordon alerts public against PRC ‘scammers’
The Philippine Red Cross (PRC) on Wednesday warned the public against fake booking sites and personnel asking people…
Rice imports drop to 1.26 MMT in H1–data
The country’s rice imports sustained its downward trend in the first half after it declined by 11 percent…
DAR distributes land titles to farmers, fresh graduates in Magalang, Pampanga
The Department of Agrarian Reform (DAR) on Tuesday announced the distribution of 174.2-hectare portion of the Pampanga State…
Toll board issues clarification on PUV use of Skyway Stage 3
The Toll Regulatory Board (TRB) clarified on Tuesday that the exclusive use of Skyway Stage 3 for Class…
IPOPHL and DOST tie up seeks to boost patent use in agri R&D
The Intellectual Property Office of the Philippines (IPOPHL) and the Department of Science and Technology (DOST) are teaming…
Government pressed to assert stand on ‘harmful’ fisheries subsidies
Food security group Tugon Kabuhayan on Monday backed the call of the Philippine delegation to the World Trade…
Duterte leads inaugurationof new Central Luzon expressway
Motorists will now be able to use the first 18-kilometer portion of the Central Luzon Link Expressway (CLLEx)…
What’s hot for us these days? (other than the temperature)
When will the third vaccination with the Biontech vaccine come—and how does it work? New data show that…
Review on tollways policy to allow PUV access pushed
Move As One Coalition, a group of transport groups and advocates, is asking the Department of Transportation (DOTr) the…
Rice stocks fall 7.5 percent to 2.5 MMT in May–PSA
Philippine rice stocks inventory as of May 1 declined by 7.5 percent to 2.5 million metric tons (MMT)…
DTI crafts modules to aid MSMEs’ pandemic recovery
The government and the private sector are taking steps to adapt to the disruption caused by the pandemic.…
DBM: P160-B funds tagged ‘For Later Release’ require President’s approval
THE P160 billion in project funds marked “for later release” may only be allocated upon the approval of…
BTA told anew to justify ₧160-billion fund spending before term extension
“Why are they asking for an extension when they can’t account P160 billion in public funds? Where are…
PHL extends to July 31 travel curbs on seven countries with rising Covid delta variant cases
THE government continued to restrict, until the end of the month, the entry of inbound passengers from seven…
Artifacts, artwork at Intramuros, National Museum ‘uninsured’
THE Department of Budget and Management (DBM) refuses to fund the insurance of historical/cultural artifacts and works of art…
DTI chief seeks revisions on business closure policy
The Department of Trade and Industry (DTI) is pushing for a revision of policies on business closures amid…
Senate panel eyes penalties for ‘hoax’ delivery orders
The Senate Committee on Trade, Commerce and Entrepreneurship has endorsed for plenary deliberation and early approval an awaited…
BI tells foreign vloggers: Don’t violate conditions of stay in PHL
The Bureau of Immigration (BI) has warned foreign vloggers in the country not to engage in any activity that…
LGUs told to expedite crafting of development plans ahead of new phase of devolution
A head of further devolution under the Mandanas ruling, a lawmaker on Tuesday called on local chief executives…
Solidarity trial also seeks to identify Covid-19 vaccine suited for Filipinos
The Philippines and the World Health Organization (WHO) have signed the agreement on the conduct of solidarity trial…
Manufacturers told: Allot medical oxygen supplies for Indonesia
The Department of Trade and Industry (DTI) has called on local manufacturers to allocate medical oxygen supplies to…
Entrepreneurs want to change the future
Enjoy this wonderful sentence from the investor Guy Kawasaki: “Entrepreneur is not a job title. It’s a mindset…
Lawmaker sees passage of bill on CSOs’ role in budget preparation
With start of the annual budget deliberations next month, the House of Representatives is a step closer to…
DepEd, Tesda begin final survey on ‘employability’ of SHS graduates
The Department of Education (DepEd) and the Japan International Cooperation Agency (Jica) in the Philippines are conducting the…
Teachers’ SIM for online classes comes with 34GB load
The Department of Education (DepEd) on Monday announced that it has started to turn over SIM cards with…
Not mandatory: Standards for Pinoy cuisine like adobo meant for international promo
The Department of Trade and Industry (DTI) clarified on Monday that setting a standard for the adobo recipe…
Protection of OFWs vs Covid, Afghanistan conflict sought
Government and nongovernment groups announced actions to ensure the protection of overseas Filipino workers (OFW) against the outbreak…
House panel mediates dispute over ‘pricey’ mall parking rates
Drivers and operators of public-utility vehicles (PUVs) have sought the help of the House Committee on Metro Manila…
Vaccinated Pinoys boost restaurant dine-in traffic
The vaccinated population has helped in increasing the dine-in traffic in restaurants amid the pandemic, an official from…
Senate sets scrutiny of ‘exorbitant’ business renewal fees imposed by LGUs
Senate probers, acting on concerns aired by restive traders, are poised to review local government units’ (LGUs) imposition…
Fuel-marking scheme rakes in ₧250 billion as of June 2021–BOC
The government has so far collected over P250 billion in duties and taxes as it marked nearly P26…
NEA spins off transfer of mandate to supervise ECs to BARMM government
THE National Electrification Administration (NEA) has commenced the transfer of its authority to supervise electric cooperatives (ECs) in…
Are governance, risk management and compliance and data protection converging?
Data protection has gained prominence in recent times, driven by digitalization, increased awareness of consumers about data infringements,…
Study pushes liberalization of hospital ownership to boost Philippine health-care system
Liberalizing hospital ownership in the country is key to doubling the number of hospital beds within the next…
DOLE to extend aid to family of Fil-Am who perished in Florida condo collapse
The Department of Labor and Employment (DOLE) on Monday said it is ready to extend assistance to the…
Amid limited electricity supply, ERC asks PCCI to support ILP
THE Energy Regulatory Commission (ERC) has asked the Philippine Chamber of Commerce and Industry (PCCI) to participate in the…
Napolcom approves recruitment of 434 professionals to the PNP
More professionals from various fields are seen to join the Philippine National Police (PNP), according to National Police…
DENR proposes sanitary landfill to address Cavite’s garbage woes
Department of Environment and Natural Resources (DENR) Secretary Roy A. Cimatu has appealed to local government units (LGUs)…
PHL keeps slot as world’s 2nd top banana exporter in 2020
Despite a 14.38-percent contraction in total volume, the Philippines remained as the world’s second top exporter of bananas…
Resto owners seek credit line to boost recovery
Restaurant owners are asking the government to establish a lending facility for the food and beverage industry, which…
DENR admits illegal wildlife trade persists, bares arrest of 31 suspects
The Department of Environment and Natural Resources (DENR) said illegal wildlife trade (IWT) persists amid the pandemic, but…
Salceda proposes ‘true stimulus program’ to boost job creation
While May’s employment figures are a positive development, an economist-lawmaker on Thursday cautioned the government that many jobs…
Red Cross deploys 5 mobile vaccination clinics in key Metro Manila, Cebu cities
To help ramp up the government’s vaccination rollout in the country, five mobile vaccination clinics were deployed by…
SSS launches redesigned mobile app for members and employers
State-run Social Security System (SSS) has rolled out its improved mobile app with new design features to make…
PHL, Sri Lanka to widen trade, labor, tourism, security ties
President Duterte is now eyeing to strengthen the country’s security, trade, labor, and tourism relations with Sri Lanka.…
‘Rising global oil prices should prompt government to reconsider fuel stockpiling option’
Amid rising global prices, a senior lawmaker on Tuesday urged the Duterte administration to accelerate plans to set…
AMRO projects PHL 2021 growth at 6.4%
Regional think tank Asean plus 3 Macroeconomic Research Office (AMRO) slashed its growth projection of the Philippines and…
Concepcion says ‘no more Merry Christmas’ if Delta variants spread
Presidential Adviser for Entrepreneurship and Go Negosyo founder Joey Concepcion has been working with the government and the…
MSMEs urged to boost global trade amid Covid-19 pandemic
Micro, small and medium enterprises (MSMEs) are encouraged to maximize the opportunities for international trade to further boost…