The country's unemployment rate dropped to 4.3 percent in December 2022 as against 6.6 percent in December 2021, but the full-year unemployment rate remained below its pre-pandemic average, data from the Philippine Statistics Authority (PSA) showed. Based on the PSA report on Wednesday, Feb. 8, the...
Farmer groups maintain their opposition against the Regional Comprehensive Economic Cooperation (RCEP) as Senate resumes its deliberations Tuesday, Feb. 7, with the executive branch strongly pushing for the country’s participation in the mega trade deal. Already, top officials of the Department...
With his confirmation as Trade and Industry Secretary, Alfredo E. Pascual unraveled himself to the public as someone from among the ordinary DTI stakeholders -- consumers and traders -- contrary to the “snooty” impression when he first stepped into the agency’s premises. The white-haired...
The Department of Public Works and Highways (DPWH) has completed three flood control structures along the Pentor-Balsik, Pagalanggang, and Pita Rivers in Dinalupihan, Bataan, which it said, will protect local residents from heavy flooding during torrential rains. In a report to DPWH Secretary...
DOTr vows to save 49,000 Pinoy seafarers jobs By EMMIE V. ABADILLA The government is working to save the jobs of 49,000 Filipino seafarers aboard European ships and the $7 billion they send home each year, Department of Transportation Secretary Jaime Bautista stated Saturday, February 4. In a...
The visit of US Defense Secretary Lloyd Austin III and his high-level talks with President Marcos and his counterpart, Secretary Carlito Galvez, Jr., underlines the strength of the bilateral ties between the two countries. The visit comes at a time of increasing tensions between the US and China on...
Trade and Industry Secretary Fred Pascual visited the MRO facility of Lufthansa Technik Philippines (LTP) on Jan. 30, 2023 to welcome the arrival of the first reactivated Lufthansa A380 at the LTP MRO facility in Villamor Airbase. The Lufthansa Aircraft that arrived in the country from Frankfurt,...
The Department of Finance (DOF) said the national government is looking at selling euro-denominated retail bonds targeted at overseas Filipinos. Finance Secretary Benjamin E. Diokno said the Bureau of the Treasury is studying the possible domestic issuance of retail treasury bonds (RTB) in euro...
President Ferdinand R. Marcos Jr. approved the implementation of seven infrastructure projects worth P154.72 billion, including a cancer center for the University of the Philippines - Philippine General Hospital (UP-PGH), the National Economic and Development Authority (NEDA) announced. In a...
This early, Davao Oriental 2nd district Rep. Cheeno Almario believes that his erstwhile colleague Rex Gatchalian could become "the best secretary DSWD has ever had". Davao Oriental 2nd district Rep. Cheeno Almario (left) and DSWD Secretary Rex Gatchalian (Facebook) Almario, in a statement Thursday,...
The Chinese Embassy in Manila has called out US Defense Secretary Lloyd Austin’s visit and activities in the Philippines by saying such actions “escalate regional tension and undermine regional peace and stability.” In a statement, the embassy accused the US of continuing to “step up its...
The United States is not attempting to establish permanent military bases in the Philippines, US Defense Secretary Lloyd J. Austin III disclosed on Thursday, Feb. 2. (L-R) United States Defense Secretary Lloyd Austin III and Department of National Defense (DND) Secretary Carlito Galvez Jr. hold a...
