Factory output registers 11th straight decline in Oct.
MANUFACTURING output declined once more in October, extending its streak to eleven months, the government said Thursday.
Investor regard for workforce still high despite PISA survey
FOREIGN business chambers said they remain confident about attracting investment to the Philippines despite its poor performance in a global education survey.
Gov’t targets speedy project negotiations despite more PPPs in flagship list
THE government hopes to wrap up project negotiations in good time even when more contracts are offered up as public-private partnerships (PPPs), while also hoping to minimize the contingent liabilities paid by the state, Finance Secretary Carlos G. Dominguez III said.
DBM confident budget validity extension bill won’t be vetoed
THE Department of Budget and Management (DBM) said it supports the proposal to extend the availability of the 2019 budget to December 2020 and believes the bill stretching out the validity of the funds complies with a presidential order, reducing the chances of a veto.
Rich-poor income gap narrows in 2018
THE INCOME GAP between the richest and poorest Filipino families narrowed in 2018 but remained substantial even amid significant increases in family income and savings, the Philippine Statistics Authority (PSA) said.
Lacson proposes more UHC, National ID funding
SENATOR Panfilo M. Lacson said he proposed budget amendments providing for additional funding for the Philippine Identification System (PhilSys) program, Universal Health Care (UHC), and free university tuition.
Dominguez, Pernia due in Tokyo to discuss progress of key Japan-backed infrastructure projects
THE government’s economic team will meet Japanese officials this week in Hakone, southwest of Tokyo, to discuss the progress of big-ticket infrastructure projects supported by Japan.
DTI sets Feb. deadline for Thailand to comply with WTO tobacco ruling
THE Department of Trade and Industry (DTI) said it is giving Thailand until February to comply with the World Trade Organization (WTO) ruling on its customs measures on Philippine cigarette exports before seeking recourse.
PHL among top 5 ‘greenfield’ FDI destinations in Asia
THE Philippines received the fifth-most “greenfield” foreign direct investment (FDI) in the Asia-Pacific, the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) said in a report.
At the moment: Know more about ATM fees
By Nestine P. Buisan
For those who dare to do their Christmas shopping at the eleventh hour, the ordeal of treading through Manila’s urban jungle is not for the faint-hearted. Lest one is not forewarned, it is wise to start Christmas shopping early, steering clear of the horrendous rush that can risk spoiling the holiday spirit.
Central Visayas wage orders now under review by NWPC
THE Department of Labor and Employment (DoLE) in the Central Visayas, or Region 7, said two minimum wage hikes for separate categories of workers have been decided by the region’s wage board, with the decision awaiting review at national level.
Property valuation bill passage seen aiding 2020 infrastructure projects
FINANCE SECRETARY Carlos G. Dominguez III urged the Senate to pass a real property valuation reform measure in time to address right-of-way-issues that could delay infrastructure projects in the pipeline for 2020.