Finance Secretary Sonny Dominguez (NTF AGAINST COVID-19 / MANILA BULLETIN) The Department of Finance (DOF) urged the chief executives of local government units (LGUs) to borrow money to bankroll projects that would help the country recover from the coronavirus-induced global economic crisis....
EU yesterday strongly urged the Philippines to speed up economic reforms to improve its attractiveness to more foreign investors following the deep impact created by the COVID-19 pandemic and arrest the steep decline in bilateral trade. Nabil Francis, President of the EU Chamber of Commerce of the...
The Department of Trade and Industry (DTI) has ordered all manufacturers and operators of bagging facilities to immediately cease all printing operations of previously approved cement bag designs indicating the words "Product of the Philippines" but are used to pack imported cement products as it...
The US government through the US Agency for International Development (USAID), the federal-funded agency responsible for administration of all foreign funds for developmental programs, has vowed to double down its assistance to the Philippines over the next five years. USAID Mission Director to the...
The University of the Philippines Men’s Basketball Team (UPMBT) got another shot-in-the-arm after renewing its partnership with staunch backer Januarius Holdings, Inc. and its subsidiary STATS Performance Apparel for the next two UAAP seasons. The company’s support has been instrumental in the...
On its 29th year, the Embassy of the Republic of Korea and the Korean Cultural Center in the Philippines, together with the United Korean Community Association in the Philippines and the National Commission for Culture and the Arts, will be bringing the 2020 Philippines-Korea Cultural Exchange...
With only about two months left in 2020, the Land Bank of the Philippines (LANDBANK) is still targeting to end 2020 with slightly higher amount of loans lent to the agriculture sector. In a statement, LANDBANK expects to further expand its agricultural loan portfolio to P245 billion by the end of...
Coconut industry stakeholders are upbeat that recent trials that show coconut oil having strong potential in fighting COVID-19 may provide a much-needed boost to the industry as well as the Philippine economy as a whole. Photo credit: https://www.ucap.org.ph/home/ The Department of Science and...
The credit card industry, like many other sectors, is no stranger to the adverse effects of the country’s widespread lockdown. As different types of businesses were forced to stop operations, credit card usage also slumped this year. As economic challenges continue to pile up, unemployment rates...
GMA Network’s Regional TV and Synergy Vice President and Head Oliver Victor Amoroso has been selected as a distinct member of the Armed Forces of the Philippines Health Service Command Transformation Roadmap (AFPHSCTR) Multi-Sector Advisory Board (MSAB). The MSAB was formed in response to...
ONE Championship Images Filipino-American fighter Mark Striegl is not looking far away when it comes to the Philippines' competitiveness in combat sports. Striegl, who grew up in the mountains of Baguio, lauded the famed Benguet-based stable Team Lakay for making a name in mixed martial arts...
The Development Bank of the Philippines (DBP) is now working with the Department of Transportation (DOTr) and the Land Transportation Franchising and Regulatory Board (LTFRB) for a financial assistance scheme to help transport providers get back on their feet. The assistance includes government...
