Now that the island is open to domestic tourists, more than just grains of sand, you can have hearts and stars and snowflakes between your toes Photos by Jackie Tinsay PALM PROMENADE Palm trees keep the white sand company as Boracay awaits beachgoers If you are all sick of the sand “storm” over...
Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno said inflation in September could be lower at 2.2 percent, lower than August’s actual 2.4 percent rate. According to Diokno, the BSP’s Department of Economic Research (DER) has projected range of a low of 1.8 percent for September...
Farmers are seeking the intervention of lawmakers for the declining prices of palay, which was triggered by several factors including the National Food Authority’s (NFA) limited capacity to procure rice as well as traders’ decision to delay their purchase in anticipation of more imported rice...
Members of the Philippine Association of Feed Millers Inc. (PAFMI), the largest group of feed millers in the Philippines, has intensified its local corn buying, so far purchasing 133,500 metric tons (MT) of the staple during the peak harvest season. Photo by Milada Vigerova on Unsplash. The local...
Passenger traffic is now expected to plunge lower to 66 per cent, instead of the initial 63 per cent, as the International Air Transport Association (IATA) further downgraded its 2020 forecast to reflect a weaker-than-expected recovery. The summer travel season in the Northern Hemisphere ended...
The Philippines has a very limited production and exports volume of fructose syrup and as such it will not be affected by the decision of Indonesia to slap safeguard duty on the said product. Trade and Industry Export Marketing Bureau Director Senen Perlada (Photo credit:...
The Philippine government is looking at financial rehabilitation of Northern Foods Corporation (NFC), a struggling government-owned tomato processing firm established during the administration of President Ferdinand Marcos, to make it...
US President Donald Trump is not a taxpayer in the Philippines, but private companies “with his name” could have had paid levies to the Bureau of Internal Revenue (BIR), Finance Secretary Carlos G. Dominguez III clarified today. WASHINGTON, DC - AUGUST 13: U.S. President Donald Trump...
The NLEX Corporation today announced it is hiring over 1,500 technical and skilled workers to ensure its P23 Billion, 8-kilometer, North Luzon Expressway (NLEX) Connector road will be finished next year. However, the tollway operator gives priority to overseas Filipino workers (OFWs) displaced due...
Energy Secretary Alfonso G. Cusi As the government is keen on evaluating the joint venture deal proposed by Davao businessman Dennis A. Uy, Energy Secretary Alfonso G. Cusi indicated that they will start studying the ‘buyout proposal’ for the 45-percent majority interest of Shell Philippines...
The Duterte administration has so far borrowed close to $10 billion to fund the national government’s coronavirus response, the Department of Finance (DOF) said. In a statement, Finance Secretary Carlos G. Dominguez III said the national government’s financing support for COVID-19 from...
The Department of Transportation (DOTr) and the Philippine National Railways (PNR) this Sunday (Sept 27) awarded the three remaining civil works contract packages for the P51 Billion Clark Phase 2 project - the Malolos-Clark extension of the North-South Commuter Railway System. The award of the...
