Higher volumes at Asian Terminals Inc. (ATI)' s international gateway ports in Manila and Batangas boosted the operator's revenues for the first six months of 2021 by 8.2% to P5.47 billion versus the same period last year. ati_headoffice However, ATI's net income dipped 2% to P1.13 billion due to...
Presidential Communications Secretary Martin Andanar is hopeful for the quick recovery of Labor Secretary Silvestre Bello III after he got infected with the coronavirus disease (COVID-19). President Duterte talks to Labor Secretary Silvestre Bello III during the 85th anniversary of the Department...
The Development Budget Coordination Committee (DBCC), an inter-agency body tasked to set the government’s macroeconomic targets, will meet tomorrow, Wednesday, August 18, to reassess the country’s recovery amid the mutating coronavirus. Finance Secretary Carlos G. Dominguez III But ahead of the...
After recovering from coronavirus disease (COVID-19), Philippine Red Cross Chairman and Chief Executive Officer (CEO) Senator Richard Gordon reminded the public to always be extra careful to reduce the risk of getting infected. PRC Chairman and Senator Richard J. Gordon (MARK BALMORES / MANILA...
The government’s chief economic manager said the country’s recovery remains “promising” despite “speed bumps” this year. Finance Secretary Carlos Dominguez III Finance Secretary Carlos G. Dominguez III said he is still optimistic over the Philippines’ “promising” prospects for a...
Job creation and poverty alleviation will be a major challenge for the government next year as the Department of Finance (DOF) admitted that uncertainly about the economic recovery will remain until the pandemic is contained. DOF Building in Manila Based on the DOF’s “Macroeconomic Framework...
The government is determined to accelerate the vaccination of Filipinos and sustain economic recovery programs after the pandemic-hit country roared out of recession. Presidential Communications Secretary Martin Andanar (File photo/PCOO/Twitter) Presidential Communications Secretary Martin Andanar...
Some senators were not overjoyed by the 11.8-percent growth in the Philippines' economy, stressing it is still far from pre-pandemic levels. Senator Grace Poe (Office of Sen. Grace Poe/MANILA BULLETIN File Photo) "Economic growth may be at its highest since 1988 but let’s not lose sight of the...
House Majority Leader Martin Romualdez on Tuesday, August 10, attribute to the "spirit of teamwork and cooperation" the Philippine economy's growth in the second quarter of this year. House majority leader and Leyte Representative Martin Romualdez (MANILA BULLETIN File Photo) “We rejoice with the...
The economy has returned into growth mode, posting a dramatic performance in the second-quarter as expected, but the country’s recovery is losing steam as the rapidly spreading Delta variant has forced the government to put the breaks on further reopening plans. 25245 The gross domestic product...
Senator Grace Poe on Monday, August 9, appealed to the government's pandemic task force to consider micro, small and medium enterprises (MSMEs) in deciding to impose stricter lockdowns in the Philippines. President Rodrigo Duterte presides over a meeting with the Inter-Agency Task Force on the...
The road to recovery from the coronavirus pandemic is one where the Association of Southeast Asian Nations (ASEAN) Plus Three (APT) are “equal partners,” the Department of Foreign Affairs (DFA) said, adding the region must recognize the new opportunities for growth despite the crisis. Foreign...