Recto revives bill mandating caps on govt debts

REVIVING efforts to compel the government to “exercise prudence in spending and strengthen its fiscal management”, Senate President Pro Tempore Ralph G. Recto is...

Vessel monitoring promotes transparency in fishing–group

OCEAN-CONSERVATION ad­vocacy group Oceana Philip­pines backed the implemen­tation of the Amended Fisheries Code, which requires fishing com­panies to install a vessel monitoring device in...

Fresh grads quit first jobs due to bad bosses—survey

DIFFICULT bosses were among the top reasons near­ly half of all fresh graduates left their first jobs in less than a year, according to...

ADB to expand private-sector investments in developing countries

THE Asian Development Bank (ADB) aims to extend its non-sovereign lending operations (NSOs) to agribusiness, health, edu­cation, manufacturing and tourism. In a recent ADB Town...

‘No final resolution yet on Meralco PSA issue’

THE Energy Regulatory Commission (ERC) on Thursday said that it would still accept  manifestations filed by some individuals in the final resolution of the Manila...

Free college education program secures P40-billion funding

The House of Representatives has realigned a total of P40 billion in the proposed 2018 General Appropriations Act (GAA) to finance the full implementation...

Rival MRT 3 maintenance providers, DOTr bicker as railway commuters suffer

REINSTATING Sumitomo Corp. as the maintenance provider of the Metro Rail Transit (MRT) Line 3 will only put passengers in more peril, as technical...

Lawmaker says DepEd procurement process delays school-supply delivery

The Department of Education (DepEd) on Wednesday was told by Senate President Pro Tempore Ralph G. Recto to reform, if not revamp, its procurement...

Time to splurge: Duterte repeals Arroyo order on austere spending 

President Duterte has repealed an administrative order issued by former President Gloria Macapagal-Arroyo, which directed the continued adoption and implementation of austerity measures in...

Manufacturers in developing nations told to prepare for tech advancement 

New technologies are expected to reduce the manufacturing sector’s ability to create jobs, similar to the days of the East Asian Miracle, according to...

Senate approves bill on ‘tighter scrutiny’ of Executive spending

The Senate, voting 18-0, passed on Monday a proposed law mandating the country’s economic managers to render biannual reports to Congress on the “status...

ILO report: 40 million still trapped in modern slavery

Modern slavery, forced marriages and child labor threaten the ability of countries to meet the Sustainable Development Goals (SDGs). This was the primary finding of...

Franchisers see 20% sales growth this year

The Association of Filipino Franchisers Inc. (Affi) is aiming for as much as 20-percent growth in sales this year on the back of steady...

BOI grants tax perk, approves launch of P322.7-million steel plant

The Board of Investments (BOI) has approved a P322.7- million steel plant of Portal Steels Inc. that qualifies the upstart company as a new...

PHL cut undernourished count to 13.9 million in 2016–FAO study

Despite the presence of conflict for two decades, the Philippines managed to cut its undernourished population to 13.9 million in 2016, from 14.1 million...

Group hits MGB plan to ‘streamline’ issuance of mining project permits

Antimining groups under the Alyansa Tigil Mina (ATM) slammed government regulators on Monday, following a reported plan to “streamline” the issuance of mining project...

Left-leaning Cabinet member slams ‘neoliberal’ 2018 budget

President Duterte’s anti-poverty chief on Monday slammed the proposed 2018 budget, saying it will finance the same programs that have allegedly averted the development...

Governments told: Be prepared to support aging population

Governments need to prepare for an aging population to prevent the demographic dividend from becoming a tax, according to the Asian Development Bank (ADB). In...

‘Economic diversification to shield peso from uncertainties’

The Department of Finance (DOF) said the Philippines should not rely too much on remittances and the business- processing outsourcing (BPO) industry to prevent...

House panel summons officials, contractors to Yolanda housing-project hearing

The chairman of the House Committee on Housing and Urban Development said government officials and contractors linked to the construction of Yolanda housing projects...