THE Department of Tourism (DoT) said its target of 9.2 million international visitors this year is driven by more airport development projects which allow tourists to bypass Manila’s congested airport.
JUSTICE SECRETARY Menardo I. Guevarra urged Metro Manila water concessionaires not to “play hardball” after President Rodrigo R. Duterte offered the service providers new agreements under threat of nationalization and possible plunder and fraud charges.
THE GOVERNMENT will inaugurate Sangley Airport in Cavite on Feb. 15, positioning it as the main hub for general aviation to decongest Metro Manila’s main gateway.
THE NEWLY SIGNED 2020 national budget amounting to P4.1 trillion passed without any veto from President Rodrigo R. Duterte, though he imposed conditions on some spending items.
THE Department of Budget and Management (DBM) said it expects improved spending performance from the government on 2020 budget items, due to the cash-based budgeting system currently in force.
NICKEL production is expected to increase by over 8% a year in the next few years despite policy uncertainty that could limit project development, Fitch Solutions Macro Research said in a report.
THE AVERAGE farmgate price of palay, or unmilled rice, resumed its upward path in the first week of December, rising 0.4% to P15.62 per kilogram (kg), the Philippine Statistics Authority (PSA) said.
DAVAO CITY’s business chamber has offered to work with the Department of Agriculture (DA) and the Department of Trade and Industry (DTI) to plan for improved farm logistics.
PRICE gains in general goods need to be capped at 0.3% month-on-month this year for inflation to land within the official 2-4% target range in 2020, according to an economic bulletin issued by the Department of Finance (DoF).
FOURTH QUARTER gross domestic product (GDP) likely ended on a “stronger” note with positive employment and lower poverty data boosting investment during the period, the University of Asia and the Pacific (UA&P) and the First Metro Investment Corp. (FMIC) said.
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With the close of the decade, we have seen how Philippine taxation has been transformed by numerous developments unfolding in the landscape. Several changes that are in the works may make progress in the coming months. One of them is the second package of the tax reform, which proposes to rationalize tax incentives.
THE MAIN INDEX returned to red territory on Wednesday after investors shied away from the market due to increasing tensions between the United States and Iran.
THE PESO moved sideways on Wednesday as it was supported by the influx of remittances amid risk-off sentiment arising from escalating geopolitical tensions in the Middle East.
By Charmaine A. Tadalan, Vincent Mariel P. Galang and Vann Marlo M. Villegas, Reporters THE Philippines will send troops to help evacuate Filipinos from Iraq, where...
THE Budget department on Wednesday said funds are in place for the evacuation of Filipinos in the Middle East amid ongoing tensions between the US and Iran.
GOVERNMENT prosecutors will look at the possible liability of the recruiter of an Overseas Filipino Worker (OFW) who died in Kuwait, Justice Secretary Menardo I. Guevarra said on Wednesday.
PRESIDENT Rodrigo R. Duterte has appointed a Court of Appeals Justice to the Supreme Court.
PRESIDENT Rodrigo R. Duterte on Wednesday vowed to prosecute officials responsible for onerous provisions in the government’s contracts with water utilities.
A PARAÑAQUE City court has acquitted Bureau of Corrections (BuCor) Director General Gerald Q. Bantag and two other jail officers of homicide charges over the 2016 explosion at the city jail, where 10 inmates were killed.
THE ILOILO City Business Permit and Licensing Office (BPLO) sees the need to come up with local regulation for online businesses and food trucks as the number of such enterprises is on the rise.
HOTDOG and sausage products containing pork, which were shipped in from Luzon, were burned on Wednesday by Cagayan de Oro City’s Anti-African Swine Fever (ASF) Task Force in collaboration with the National Veterinary Quarantine Services’ (NVQS) Misamis Oriental office.
THE DAVAO City Overland Transport Terminal (DCOTT) management is pushing for the immediate construction of two new bus terminals, one each in the northern and southern areas, as the existing lone facility could no longer handle the increasing number of provincial buses.
VICE PRESIDENT Maria Leonor G. Robredo defended her report tagging the Duterte administration’s drug war as a “massive failure,” citing that her office was “very careful” in its preparation and that all data were taken from government agencies.
“A good name is better than fine perfume, and the day of death better than the day of birth.” -- Ecclesiastes 7:1
If some of our people have little regard for their own safety, can we still expect them to have any regard for the safety of the rest of us? Self-preservation is a natural instinct. And yet, with the way some of us conduct ourselves, this does not seem evident. And with this being the case, then maybe little to nothing can be expected from us with respect to the preservation of others.
Regional and global inflation has been generally rising over the last two months of 2019. The Philippines reached its lowest inflation since around 2016 of only 0.8% last October, then a quick uptick to 2.5% by December (see Table 1).
THE INTERNET was built on open standards and interoperability, but networks tend to balkanize.
MY MAIN PREDICTION for 2020, if it can be called a prediction, is trend exhaustion: For the first time in a long while, several important trends have come to an end.
OUTLASTED in Game One of their best-of-seven Philippine Basketball Association Governors’ Cup final series on Tuesday, the Meralco Bolts look to bounce back against the Barangay Ginebra San Miguel Kings in Game Two, hopefully with help from their bench.
ALREADY a steady supporter of Philippine sports the past few years, Chooks-to-Go is set to expand its sporting thrust with a planned 3-on-3 basketball league for women beginning in February.
TOP local club football team Ceres-Negros FC begins its 2020 campaign next week, starting with the preliminary stage of the AFC Champions League (ACL).
NEW YORK -- Chris Paul scored 28 points and hit two clutch shots in overtime as the surging Oklahoma City Thunder outlasted the slumping Brooklyn Nets 111-103 Tuesday night in New York in the second night of a back-to-back for both teams.
KENNETH Chua claimed an unprecedented five-straight Prima Pasta Bowler of the Year award recently during the 2019 Team Prima Annual Awards at the V Corporate Centre in Makati City.
Five years ago Carlsen won both the Rapid and Blitz Chess Championships in the same year -- this was in 2014 Dubai. Since he was also Classical World Champion at that time he became a “Triple Crown” winner. Garry Kasparov compared the feat to “winning tennis slams on clay, grass and hard court.” Well, he has done it again! Two days after winning the Rapid he tied with Hikaru Nakamura for the Blitz title and won the playoff. He is now the reigning World Champion in classical, Rapid and Blitz.
Kevin Love had an outstanding game yesterday. It was by far his most productive in recent memory, and the Cavaliers needed every single one of his 30 points on 15 shots (along with nine rebounds and four assists) to keep pace with the undermanned Pistons, who nonetheless managed to snatch victory from apparent defeat with resilient play. Needless to say, his elevated numbers vis-a-vis his season averages stemmed from an avowed desire to let his playing do the talking following a spate of events in which he displayed unprofessional behavior. “I wasn’t acting like a 31-year-old. I was acting like a 13-year-old,” he admitted. “That was not me.”
PRESIDENT Rodrigo R. Duterte is offering new contracts to Metro Manila’s two water concessionaires, but warned the government will take over water distribution services and pursue charges against Manila Water Co., Inc. and Maynilad Water Services, Inc. should they reject the new terms and conditions.
THE OVERALL year-on-year increase in prices of widely used goods picked up for the second straight month in December by its fastest pace in...
THE OVERALL year-on-year increase in prices of widely used goods picked up for the second straight month in December by its fastest pace in six months, the government reported on Tuesday.
FACTORY output declined for the 12th straight month in November, the Philippine Statistics Authority (PSA) reported yesterday.
THE Baguio City government is looking to reopen the Loakan Airport for commercial flights by the second quarter of the year, its top official said on Tuesday.
THE GOVERNMENT partially awarded the reissued three-year Treasury bonds (T-bonds) it offered on Tuesday as rates climbed due to faster-than-expected inflation data.
JG SUMMIT Holdings, Inc. has acquired a bigger stake in PLDT, Inc. to give it at least a 10th of the shares in the telecommunications services provider, the Gokongwei-led firm told the stock exchange on Tuesday.
SINGAPORE — Singapore has drawn huge interest from technology firms looking to shake up the city-state’s banking landscape, attracting 21 applications for five digital bank licenses on offer.
RIDE-HAILING firm Grab Philippines is seeking to revive its motorcycle service, Grab Bike, to help provide “affordable and agile transport solutions” to commuters.
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