Government agencies and local government units are waiving their fees for the permits and other documents required for the construction of infrastructure flagship projects (IFPs). This is in accordance with Executive Order 59, signed by President Ferdinand Marcos Jr. in April 30, which aims to...
Speaker Martin Romualdez (4th, right side) and Japanese Speaker Fukushiro Nukaga (center, left side) meet at the Tokyo parliamentary building late Tuesday morning. They share a moment of camaraderie and diplomatic dialogue aimed at strengthening the ties between the Philippines and Japan....
The Asian Development Bank (ADB) and the Government of Canada have announced a partnership to establish a new $255 million trust fund. The fund, known as the Canadian Climate and Nature Fund for Private Sector in Asia (CANPA), aims to support private-sector projects in Asia and the Pacific that...
PH shares continue to fall amid rate cut uncertainty The local stock market inched lower for a full week of decline as investors opted to sit out the long weekend amid uncertainty over future rate cuts. The main index shed 7.13 points or 0.11 percent to close at 6,383.70 with the Mining and...
The local stock market ended below the 6,400 level despite a strong start as investors sold down shares in late trades. The main index lost 19.24 points or 0.30 percent to close at 6,390.83 led by the decline of the Mining and Oil sector while Property and Services managed to advance. Volume rose...
The creation of digital Philippine Public Financial Management (PFM) reforms will enable more efficiency and effective government services for Filipinos, Department of Finance Secretary Ralph G. Recto said. The remark was made after a meeting on Monday with PFM Committee Principals Recto and...
The Philippine Stock Exchange index (PSEi) continued to drop as investors cashed out prior to the midweek holiday while waiting for news from the US Federal Reserve. The main index lost 48.57 points or 0.75 percent to close at 6,410.07 as the Services sector led the retreat. Volume remained weak at...
National Economic and Development Authority (NEDA) Secretary Arsenio M. Balisacan said the 15 percent reduced tariff on rice was a balancing act to ensure affordable prices and protect consumers’ interest. In a statement on Monday, June 10, Balisacan said the decision was not made lightly as the...
Kilambay Plantation Corporation (KPC), a Mindanao-based agricultural service provider known for its dedication to environmental conservation and social progress having formalized an agreement with members of the Erumanen ne Menuvu tribe, said it has already operationalized 3,000 hectares of giant...
The local stock market started the weak soft, falling on profit-taking and concern over the US jobs report. The main index lost 60.12 percent or 0.92 percent to close at 6,458.64 with the Mining and Oil sector leading the decline across the board. Volume fell to 282 million shares worth P3 billion...
The Bases Conversion and Development Authority (BCDA) downplayed concerns about a looming garbage crisis in Central Luzon once the contract for the Kalangitan sanitary landfill's operations in Capas, Tarlac ended. In a statement on Monday, June 10, Delfin N. Lorenzana, BCDA chairman stated...
Filinvest Hospitality Corporation, the hospitality arm of Gotianun-led Filinvest Development Corporation, is beefing up its portfolio by enhancing its established hotel brands and introducing new hotel and food and beverage (F&B) offerings. Francis Gotianun is the Senior Vice President of...
