Senator Raffy Tulfo told the Land Transportation Office (LTO) and the Land Transportation Franchising Regulatory Board (LTFRB) to give only one week to all Metro Manila bus terminals to fix their violations for strict compliance. (Office of Senator Raffy Tulfo photo) He said this following a...
The Philippines, the United States, and Japan have further enhanced their economic cooperation by promoting resiliency amid pressing global trade challenges. In a related development, American agricultural producers have expressed hopes that Manila and Washington could forge a free trade agreement...
The Department of Health (DOH) on Friday, Oct. 18, welcomed the National Economic and Development Authority (NEDA) Board's approval of its P27.9 billion health resiliency project. (DOH) In a statement, the DOH said it received NEDA’s approval on Oct. 16 for two major health sector initiatives:...
Senator Mark Villar has underscored anew the need for stiffer measures against online piracy, noting that most of the illegal activities related to piracy are now conducted online. Villar said this during the budget deliberations of the Optical Media Board (OMB). He explained that the technological...
President Marcos has approved the Mindanao Transport Connectivity Improvement Project (MTCIP), ordering implementing agencies to "proceed with the project" as much as possible. President Ferdinand 'Bongbong' Marcos Jr. (Photo courtesy of Malacañang) Marcos made the approval during the 21st...
The Monetary Board (MB) has announced a second reduction in policy rates by 25 basis points for 2024 while noting that it will “maintain a measured approach in its easing cycle.” In a statement, the Bangko Sentral ng Pilipinas said the MB decided to reduce the Target Reverse Repurchase (RRP)...
As the holiday season approaches, Filipinos are gearing up for travel adventures, with Singapore emerging as the top destination of choice. According to a recent survey by Visa, 38 percent of Filipino travelers have visited the city-state in the past year. “Its close proximity to the Philippines,...
The Board of Investments (BOI) and the Korea Trade-Investment Promotion Agency (KOTRA) have formalized their partnership to strengthen bilateral trade and investment ties between Manila and Seoul. In a Memorandum of Understanding (MOU) signed on Oct. 7, 2024, the two agencies committed to jointly...
Mabuhay Vinyl Corp. (MVC), the country’s sole chlor-alkali producer, has increased its production capacity at its plant in Iligan City, the Board of Investments (BOI) said. In a statement, the BOI said the MVC invested P630 million in the facility to meet the rising demand for essential chemicals...
The Board of Investments (BOI) has approved a total of P4.13 trillion in high-impact projects, including hundreds of renewable energy (RE) investments, through its green lane initiative. Of the 126 projects certified by the BOI, 119 are clean energy projects, with a combined investment value...
Hong Kong continues to be one of Asia’s top destinations to unwind and spend the holiday season in. Although this raises the question for repeat travelers, what else is there to see in Asia’s World City? Here are a few places for those who wish to take the road less traveled by and find...
The Department of Energy (DOE) is making a bold promise to power plant investors that it will be extending utmost help so they can secure warranted permits with the national government agencies (NGAs) as well as with their host-local government units (LGUs) so that the P1.29 trillion worth of...
