The Philippine economy is projected to weaken in 2023 with gross domestic product (GDP) decelerating to 4.5 to 5.5 percent as the global economic environment deteriorates, a government think tank said. A study published by Philippine Institute for Development Studies (PIDS), authors Senior Research...
The Department of Transportation (DOTr) will develop the country’s railway sector by focusing on the training and human resource development of railway personnel through the Philippine Railways Institute (PRI), according to Transportation Secretary Jaime Bautista. The DOTr will continue to...
Two development partners of the Philippines and a US-based think tank have recommended the establishment of a sovereign wealth fund (SWF), the Department of Budget and Management (DBM) said. Budget Secretary Amenah F. Pangandaman said the Asian Development Bank (ADB), the International Monetary...
Senator Pia Cayetano on Monday, December 12 urged senators to consider amending the mandate of the Research Institute for Tropical Medicine instead of "killing it" by incorporating some of its functions under the proposed bill creating the Virology Institute of the Philippines (VIP). Cayetano said...
The American Film Institute (AFI), “a nonprofit organization with a mandate to champion the moving image as an art form” established in 1967, announced the 10 outstanding films and 10 outstanding TV programs selected as honorees of its AFI Awards 2022. “AFI AWARDS shines a light upon...
Various initiatives and programs on nuclear Science and Technology (S&T) were highlighted during the opening of the 50th Atomic Energy Week (AEW) of the Department of Science and Technology-Philippine Nuclear Research Institute (DOST-PNRI). Former DOST Undersecretary and current National...
Danish Ambassador to the Philippines Franz-Michael Skjold- Mellbin emphasized that a good mix of diversified energy sources such as nuclear, renewables, and energy storage could ensure the country with abundant, cheap, and reliable energy. Photo courtesy of DOST-STII Mellbin made the statement...
The Department of Finance (DOF) and the Global Green Growth Institute (GGGI) sealed the implementation agreement for the Green Climate Fund (GCF) Readiness Program that seeks to speed up climate action through green finance. Finance Secretary Benjamin E. Diokno and GGGI Philippines Country...
Various business and think tank groups have strongly opposed the planned Maharlika Wealth Fund (MWF), a Philippine government version of a Sovereign Wealth Fund (SWF), stating the proposal under House Bill 6398 will not amount to wealth creation but instead puts at risk peoples’ pension money in...
The House bill (HB) seeking to establish the proposed Virology and Vaccine Institute of the Philippines (VIP) has been approved on second reading. (Mark Balmores/ MANILA BULLETIN) During House plenary session Tuesday evening, Nov. 29, House Committee on Health Chairman and Batanes lone district...
Small to Medium Enterprise Seminar on January 2023 Small to Medium Enterprise nowadays are putting much importance on developing leaders, calibration and changes on ways how to value employees because people in the business do matter. Businesses thrive and succeed because of the people that works...
DOH Officer-in-Charge Maria Rosario Vergeire speaks to members of the media during the first face-to-face press briefing after two years at the DOH Central Office in Manila on Wednesday, July 20. (MB Photo: Noel Pabalate) The Department of Health (DOH) assured employees of the Research Institute...