(MANILA BULLETIN FILE PHOTO) The Department of Trade and Industry (DTI) has reduced by 20 percent its medium-term export projections from $130 billion target to $103.9 billion by 2022 amid the impact of the lingering COVID-19 pandemic on Philippine industries. In adjusting downward the export...
The Department of Agriculture (DA) said it’s only a matter of time before the majority of the country's farmers bid farewell to farming due to old age, and that the agriculture sector will soon be taken over by millennials. Agriculture Secretary William Dar said since the average age of...
The Philippines and Japan have reaffirmed their commitment to further build on their strong economic partnership, which includes plans to expand Japanese investments in the country following favorable developments on a tax reform measure. Newly designated Japan Ambassador to the Philippines...
The Department of Finance (DOF) said the unprecedented challenge brought by the pandemic underscored the importance of “greater solidarity and stronger collaboration among nations” to overcome the crisis and return to the path of strong global growth. Finance Secretary Carlos G....
Sec. MarkVillar and his daughter Emma performs "Can't Help Falling In Love." Public Works and Highway Secretary Mark Villar posted on Facebook a video of him playing “Can’t Help Falling In Love” by Elvis Presley with his saxophone while his daughter Emma sings the song. It was a...
PILIPINAS KONTRA GUTOM Lahat Kasali. Lahat Kasalo. Cabinet Secretary Karlo Nograles Christmas is often referred to as the “Season of Giving,” that time of the year we mark by giving gifts to those we love, and by spending time with family, friends, and the people we care about. This season is...
UN Secretary-General António Guterres As the world marks the fifth anniversary of the adoption of the landmark Paris Agreement on Climate Change, a promising movement for carbon neutrality is taking shape. By next month, countries representing more than 65 percent of harmful greenhouse gasses...
(Ali Vicoy/Manila Bulletin) The Philippines net foreign direct investments (FDIs) declined by 8.6 percent to $4.832 billion for the first three quarters this year as against $5.289 billion in the same period last year as the COVID-19 pandemic continued to dampen investor sentiments. “The decline...
Climate-related challenges remain formidable threats to the Philippines’ gradual recovery from the prolonged coronavirus pandemic, the Department of Finance (DOF) said. Speaking at a virtual World Bank forum, Finance Secretary Carlos G. Dominguez III acknowledged the urgency of implementing...
After three strong typhoons, the Philippines’ palay production for this year will no longer reach 20 million metric tons (MT) like what the Department of Agriculture (DA) was originally aiming for. For the last quarter of 2020, rice production is expected to reach 7.42 million MT, bringing this...
PILIPINAS KONTRA GUTOM Lahat Kasali. Lahat Kasalo. Cabinet Secretary Karlo Nograles On November 10, I joined members of the private sector to launch a movement called Pilipinas Kontra Gutom, a multi-sectoral movement involving the government, the academe, non-profit organizations, and some of the...
Filipino consumers will need to brace for increase in diesel prices next week that may range from P0.35 to P0.45 per liter; while kerosene prices may go up from P0.20 to P0.30 per liter. (MARK BALMORES / MANILA BULLETIN FILE PHOTO) For gasoline products, based on the initial calculation of the oil...
