The Department of Trade and Industry (DTI) said that SHERA Public Co. Ltd.’s P2.9-billion plant would boost the Philippines' aspiration to become a global manufacturing hub. Trade Secretary Cristina A. Roque said that this investment from SHERA, the leading fiber cement innovator in Southeast...
The Securities and Exchange Commission (SEC) and the Department of Education (DepEd) are aiming to boost investor education and promote financial literacy among students and teachers. The SEC said in a statement that this partnership is in line with the commission’s efforts to protect more...
By DERCO ROSAL The Department of Budget and Management (DBM) is confident that the proposed P6.352-trillion national budget for 2025 will be signed into law by the president before Christmas. Budget Secretary Amenah F. Pangandaman said she is confident about the timely enactment of the General...
Senator Pia Cayetano (Senate PRIB) Senator Pia Cayetano has underscored to the Energy Regulatory Commission (ERC) the urgency in finalizing green energy auction reserve (GEAR) prices. Cayetano, in the recent Senate hearing on the...
The Philippines earned P3.36 trillion in tourism receipts for 2023, the Department of Tourism (DOT) said on Saturday, Oct. 12. DOT Secretary Christina Garcia-Frasco said such figure was equivalent to 8.6-percent contribution to the country’s Gross Domestic Product (GDP). Australia has...
The Philippines is poised to be the world's top rice importer for the third-straight year as local harvest falls short, according to the United States Department of Agriculture (USDA). The USDA-Foreign Agricultural Service's (FAS) latest "Grain: World Markets and Trade" report on Oct. 11 hiked...
DAVAO CITY – The Department of Transportation and the International Finance Corp. on Thursday, October 10, formally signed the Transaction Advisory Services Agreement to facilitate the rehabilitation and modernization of the Francisco Bangoy International Airport here. A NEW LOOK Francisco...
Senator Risa Hontiveros has filed a resolution seeking to conduct an investigation, in aid of legislation, into the reported cases of women being trafficked abroad to become surrogates as part of an infant trafficking scheme. Hontiveros filed on Oct. 10 Senate Resolution (SR) No. 1211, which...
(File photo) A total of 213 Overseas Filipino Workers (OFWs) in Lebanon have secured their travel documents and are set to return home amid escalating tensions following intensified Israeli airstrikes on Hezbollah positions, the Department of Migrant Workers (DMW) said on Friday, Oct. 11. In an...
The Department of Finance (DOF) reported that collections from the government’s two main tax agencies showed strong double-digit growth in the first nine months of the year. The Bureau of Internal Revenue (BIR) and the Bureau of Customs collectively gathered P2.771 trillion from January to...
The World Bank has cited progress in the Department of Agriculture's (DA) rural development project scale-up, for which the Philippines borrowed $600 million or over P34 billion last year. "The overall project's initial implementation performance is considered satisfactory. Implementation and...
A total of 21 service contracts awarded by the Department of Energy (DOE) to Solar Philippines are in the process of termination. Senate President Pro Tempore Jinggoy Ejercito Estrada asks questions during the Finance Subcommittee E briefing held on Wednesday, October 9, 2024. Estrada not only...
