President Duterte’s chief economic manager said the government needs a new approach to rein in coronavirus cases and revive the economy as lockdown orders no longer provide benefits to the country. Finance Secretary Carlos G. Dominguez III said the Inter-Agency Task Force (IATF), the government's...
The Japan Credit Rating Agency Ltd. (JCR) affirmed the Philippines’ credit rating, but it expects a slow pace economic recovery this year due to the rapidly spreading Delta variant. Japan Credit Rating In a statement, JCR said Monday, Sept. 6, that it maintained the credit rating for the...
The Japan International Cooperation Agency (JICA) and the Department of Agrarian Reform (DAR) have finally concluded a nine-year project that supported farming communities in most conflict areas in Mindanao that were lacking vital rural infrastructure and capacity-building measures to make their...
Japanese Ambassador to the Philippines Koshikawa Kazuhiko on Thursday congratulated the people behind the successful launch of Philippine-made Maya-3 and Maya-4 CubeSats to the International Space Station calling it a “new high” in the Japan-Philippines cooperation. Japanese Ambassador to the...
SEOUL, South Korea -- Nuclear-armed North Korea appears to have restarted its plutonium-producing reprocessing reactor in a "deeply troubling" development, the UN atomic agency has said, a possible sign Pyongyang is expanding its banned weapons program. Close-up of Radiochemical Laboratory complex,...
The United States government has turned over RT-PCR extraction kits equivalent to 3,000 tests to the Philippine Genome Center to help strengthen COVID-19 (coronavirus disease 2019) testing and genomic surveillance capability in the country. In a virtual ceremony on Friday, Aug. 27, U.S. Agency for...
Japan has released Y10 billion (approximately P4.6 billion) to the Government of the Philippines the final tranche of the Post Disaster Standby Loan Phase 2 (PDSL 2) to supplement the country’s response to catastrophes and health emergencies such as the ongoing COVID-19 pandemic. “I hope this...
The Japan International Cooperation Agency (JICA) approved the fourth and final tranche of its standby loan, which will be used in the Philippines’ post-pandemic recovery programs, the Department of Finance (DOF) announced. JICA In a statement, Finance Secretary Carlos G. Dominguez III said the...
The Philippine Space Agency (PhilSA) is gearing up to launch its biggest Filipino-made satellite to space. (Photo from STAMINA4Space) Dubbed as MULA, or Multispectral Unit for Land Assessment, the newest Earth-observation satellite can capture operational-quality images of approximately 100,000...
Senator Ronald “Bato” Dela Rosa has called on the Senate to conduct a probe into the reported disappearance and abduction of a Philippine Drug Enforcement Agency (PDEA) agent who went missing last June 25. In filing Senate Resolution No. 812, Dela Rosa sought a legislative inquiry into the case...
Senator Leila de Lima has urged the government to allow Aklanons govern Boracay island and allow its local government to spearhead reforms and rehabilitation of the famous tourist destination. De Lima said she fears the bill that seeks to create a government-owned and controlled corporation (GOCC)...
Debt-watcher Moody’s Investors Service is upbeat about the Philippines’ recovery prospects from the pandemic, expecting the economy to outperform most of the sovereigns it rates in terms of average growth up to 2025. In its latest credit analysis report on the Philippines, Moody’s cited its...
