Filipinos looking for cheap flights may find that opportunity until the end of the month, as the government revised the passenger fuel surcharge down a notch following a slight easing in jet fuel prices. In an advisory on Wednesday, Aug. 12, the Civil Aeronautics Board (CAB) set the fuel surcharge...
Pressure on the Bangko Sentral ng Pilipinas (BSP) to raise its benchmark interest rate has eased after economic growth slowed to a post-pandemic low in the second quarter of the year, according to the central bank officials. Speaking to reporters on the sidelines of the central bank’s...
The MTRCB has pushed back against proposals to ban movies and television programs with violent themes, saying stronger parental guidance and responsible content regulation are more effective than outright prohibition. In a statement released Aug. 5, the Movie and Television Review and...
Vice Ganda remains absent from "It 's Showtime" days after the show 's producers met with the Movie and Television Review and Classification Board (MTRCB) over complaints stemming from a controversial segment on the program. The comedian has not appeared on the noontime show since July...
The Philippines is set to position itself as a regional manufacturing hub for electric mobility following the establishment of a program incentivizing domestic electric vehicle (EV) production, according to the Department of Trade and Industry (DTI). Trade Secretary Cristina Roque said Executive...
The Movie and Television Review and Classification Board (MTRCB) has ordered the producers of "It 's Showtime" to submit a joint position paper and a compliance plan after a hearing over the noontime show 's controversial "Memerimar" segment aired on July 24. In a statement released...
Airline passengers will have to pay higher fares for flights booked in the first half of August after the government approved the first increase in the fuel surcharge in more than three months amid rising jet fuel prices. In a July 27 advisory, the Civil Aeronautics Board (CAB) said it is raising...
The central bank has warned the public against fraudulent online schemes that illegally use the identity of Monetary Board Member Benjamin E. Diokno to solicit donations for fake charitable causes. The Bangko Sentral ng Pilipinas (BSP) reported that unauthorized individuals and syndicates have...
Officials and employees of the Quezon City government underwent a three-day training on the New Government Procurement Act (NGPA) to strengthen the city 's implementation of the country 's modernized procurement law under Republic Act No. 12009. Conducted by the Government Procurement...
The Board of Investments (BOI) has certified ₱351.02 billion worth of investments under its green lane program in the first half of the year, as investors seek expedited permit processing to speed up project execution. In a statement, the BOI said the approved investments cover 17 projects that...
Filipinos will soon enjoy cheaper airfares in the second half of July as the passenger fuel surcharge drops to its lowest level since reaching a record high following the easing of jet fuel prices. In an advisory, the Civil Aeronautics Board (CAB) said it will reduce the fuel surcharge to Level 8...
The country’s investment promotion agencies (IPAs) are aiming to approve at least ₱4.5-trillion worth of investments under the government’s new investment promotion framework, which seeks to incentivize innovation-driven projects. Department of Trade and Industry (DTI) Undersecretary and...
