THE PROPOSED airport project of the Cavite local government is now in the hands of the National Economic and Development Authority (NEDA), a top official of the government unit said.
PALAY average farmgate price went down by 0.30% to P19.79 per kilogram in the third week of January from P19.85 per kg in the second week, the Philippine Statistics Authority (PSA) said on Monday.
THE two chambers of Congress on Monday approved on third and final reading the bill proposing to use the government share of the Malampaya fund as subsidy to settle obligations of the National Power Corp. (NPC).
THE Philippine Competition Commission has sought the Department of Trade and Industry’s (DTI) coordination in gathering information as part of the anti-trust body’s regular review of the competition environment among various sectors.
THE Department of Trade and Industry (DTI) said it is considering a tariff protection or quantitative restriction on sugar shipments, as part of a broader plan to relax the current sugar import process.
THE House of Representatives on Monday approved on third and final reading the bill institutionalizing the grant of the 20% student fare discount in public transportation.
THE House Ways and Means Committee on Monday approved the measure granting additional privileges to persons with disability by increasing incentives to their employers.
THE Senate on Monday approved on third and final reading the bill seeking to institutionalize the government’s anti-poverty Pantawid Pamilyang Pilipino Program (4Ps).
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The comprehensive tax reform program (CTRP) was envisioned to redesign the Philippine tax system to be simpler, fairer and more efficient. Aligned with the said objectives, the first package of the CTRP or the Tax Reform for Acceleration and Inclusion (TRAIN) Law brought many changes on the overall tax compliance procedures. Some of these changes are the streamlined filing of tax returns, adjustments to tax payment deadlines, and revision of tax rates, the implementation of which requires the Bureau of Internal Revenue (BIR) to update its system and issue revised tax returns.
A new year has begun for the Management Association of the Philippines. As in the past years, our activities for 2019 will be guided by a theme. For this year, it is “SHAPING A COMPETITIVE FUTURE.”
DA Undersecretary Fred Serrano threw his support to groups urging President Duterte to veto the rice tariffication law in Friday’s issue of Business Mirror.
Social Weather Stations’ fourth quarter 2018 survey found 54% satisfied and 17% dissatisfied with the Supreme Court of the Philippines, and 52% satisfied and 17% dissatisfied with the Cabinet as a whole.
SHE WAS all bent up and her bones screamed with pain every time she hobbled from one room to another, but her cheeks were always rosy and up in a smile. When kids and family approached her, they saw happiness, and felt truly loved and cared just by the look of her eyes. Whenever I watched her from a distance the song, “Close to You” would be playing in my head.
FOR the country to hold a successful staging of the Southeast Asian Games later this year, the support of a whole community -- and that includes the private sector -- is needed. Thus, said, Philippine Olympic Committee (POC) President Ricky Vargas.
ATLANTA -- The New England Patriots beat the Los Angeles Rams 13-3 on Sunday in the lowest scoring Super Bowl played to capture the National Football League championship for a record-tying sixth time.
TOP local football club Ceres-Negros FC begins its trek for a spot in the 2019 AFC Champions League today when they take on visiting Yangon United of Myanmar in the first stage of a three-phase qualifier at the Panaad Park and Football Stadium in Bacolod City.
FOR the 12th straight year the National Basketball Association’s global youth basketball participation program -- Jr. NBA -- is to be held in the country in 2019.
The Gibraltar Masters this year was won by two representatives of the next generation. Twenty-year-old Vladislav Artemiev of Russia finished with an 8.5/10 2941 performance to earn himself £25,000 (roughly P1.7 million) and an extra 27.4 rating points.
Tom Brady looked mortal for most of Super Bowl LIII. In fact, he was decidedly ordinary; up until late in the fourth quarter, the most accomplished quarterback in National Football League history could not overcome a well-prepared Rams defense designed to thwart the same air attack that enabled the Patriots to put up record numbers en route to yesterday’s affair. And then something happened: He happened. As with his other appearances in the Big Game, he delivered when his best was most needed and ultimately finished with yet another victory.
THE PESO slumped against the dollar on Monday as the greenback strengthened across the board following upbeat US employment data as well as Wall Street’s rally.
LOCAL EQUITIES dropped on the first trading day of the week, as most investors paused ahead of the Chinese New Year holiday.
A SENIOR Abu Sayyaf Group (ASG) operative and four members of the militant group believed to be behind the deadly bombing of a Catholic church in the southern Philippines surrendered to authorities over the weekend, the national police chief said on Monday.
THE HOUSE of Representatives has approved on third and final reading the bill allowing and regulating the use of motorcycles as public utility vehicles.
CONFIDENT THAT the bicameral conference committee will meet its Feb. 6 deadline on the budget bill ratification, Deputy Speaker Prospero A. Pichay, Jr. said on Monday that the “no-el” (no election) scenario in May is unlikely.
DEFENSE SECRETARY Delfin N. Lorenzana agrees with the position of Foreign Affairs Secretary Teodoro Locsin L. Jr. that the government should protest the “rescue center” built by China in the West Philippine Sea.
MALACAÑANG ON Monday said House Resolution 2467, which sets “stringent rules” on public access to lawmakers’ statements of assets, liabilities, and net worth (SALN), “may not be consistent with transparency and accountability of public officials.”
CHINESE NATIONALS topped the list of the foreigners arrested by the Bureau of Immigration (BI) in 2018.
THE BILL penalizing political turncoatism to strengthen the political party system in the country has hurdled two committees in the House of Representatives.
ZAMBOANGA CITY Mayor Maria Isabelle Climaco-Salazar has appealed to supplier Western Mindanao Power Corp. (WMPC) and electricity distributor Crown Desco to work out a deal after the former issued a notice of temporary supply suspension last week due to unpaid accounts.
PRESIDENT RODRIGO R. Duterte has signed a new law dividing the province of Southern Leyte into two legislative districts.
PROMPTED BY the recent terror attacks in Mindanao and the alleged presence of members of Islamic State-inspired groups in Iloilo City, Mayor Jose S. Espinosa III has ordered increased police visibility in places of worship.
A CEREMONIAL groundbreaking for the P970-million road rehabilitation projects, funded by a Japanese government grant, was held Monday, marking the start of implementation through the Department of Public Works and Highways (DPWH). Leading the ceremony were Japanese Ambassador to the Philippines Koji Haneda, DPWH Secretary Mark A. Villar, and officials from the city and provincial governments. Mr. Villar said the projects cover the civil works for the Marawi Transcentral Road Contract spanning 9.56 kilometers (km), and detailed engineering designs of 13 other road sections with a total length of 20.80 km. Meanwhile, civil works for another Japan International Cooperation Agency (JICA)-funded project, involving the 9.41-km Bacong-Iligan-Marawi Road, is now under the bidding process.
SPECULATION has made the Premiere Horizon Alliance Corp. (PHA) stock one of the most actively traded last week following their disclosure on plans to acquire companies engaged in real estate and tourism hospitality in the next two years – just a week after the news of the company securing P15-billion worth of funding from a Qatar-based investment firm.
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INFLATION likely slowed further in January as food prices sustained a decline, analysts said in a BusinessWorld poll, adding that this should enable the central bank to keep interest rates steady for the second straight meeting.
ANOTHER senior central bank official made the case for steady monetary policy settings at this week’s meeting, saying it may not be opportune to cut even banks’ reserve requirement just yet.
HARDLY had moves to rescue debt-saddled Hanjin Heavy Industries and Construction Philippines, Inc. (HHIC-Phil) begun than the rehabilitation receiver resigned last week, citing creditors’ opposition to his appointment.
INFLATION likely slowed further in January as food prices sustained a decline, analysts said in a BusinessWorld poll, adding that this should enable the...
THE ECONOMY will likely grow faster this year, a global bank said while flagging a sustained export slump and a reenacted budget as possible dampers of domestic activity.
THE Department of Agriculture (DA) is seeking to establish a drone technology center with the help of universities, in order to map disaster-prone areas and facilitate faster field validation of damage caused to agriculture by calamities.
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