Debt service bill triples in Nov. to P81.24 billion
THE National Government made debt service payments in November amounting to P81.24 billion, or triple the year-earlier total, after amortization payments surged, according to preliminary data from the Bureau of the Treasury.
Legislators hopeful of House approval for water dep’t measure
LEGISLATORS expressed hope that the House of Representatives will approve a bill seeking to create a water management department, after the bill hurdled committee-level evaluation.
PHL files instrument of accession to Istanbul Convention
THE PHILIPPINES has deposited its Instrument of Accession to the Istanbul Convention, which will help exporters access foreign markets, the Department of Foreign Affairs said on Sunday.
Paracetamol supply stabilizes in Metro Manila
THE SUPPLY of paracetamol in Metro Manila has stabilized following reports of drug store shortages earlier this month, the Department of Trade and Industry (DTI) said.
Indonesia assures PHL on coal supply
THE PHILIPPINES has received assurances on Indonesia’s intention to resume coal exports once Jakarta allocates sufficient quantities for its domestic needs.
Accelerating the integrity agenda
By Roderick M. Vega
The EY Global Integrity Report 2022 shows us that 97% of survey respondents — consisting of 4,762 board members, managers and employees from large organizations in a wide spectrum of industries, including financial services, government and public sector, consumer products, manufacturing, life sciences, professional services and others from 54 countries in North and South America the Far East, Western and Eastern Europe, and the Middle East, India and Africa — place a high value on corporate integrity.
Groups urge Senate to ratify PHL RCEP membership
THE Financial Executives Institute of the Philippines (FINEX), Makati Business Club (MBC), Management Association of the Philippines (MAP) and the Philippine Council for Foreign...
BoC collects P29M additional duties from smuggled farm products
THE Bureau of Customs (BoC) collected P29 million in additional duties from smuggled farm produce in 2021 after scanning shipments entering the country's ports,...
Solane confiscates illegal LPG tanks worth P2.66M in 2021
LIQUIFIED petroleum gas (LPG) supplier Solane confiscated 1,024 illegal LPG tanks worth almost P2.66 million in 2021 from several raids nationwide, it said on Friday.
The company...
American Chamber urges Senate to ratify RCEP trade deal treaty
THE American Chamber of Commerce of the Philippines (AmCham) said the Senate needs to immediately accede to the Regional Comprehensive Economic Partnership (RCEP) treaty after the trade deal came into force on Jan. 1.
ANZ Research sees wider Philippine BoP deficit in 2022
THE BALANCE of payments (BoP) deficit will likely widen this year on the back of increased imports, which will also blow out the trade deficit, according to ANZ Research.
PHL seeking Chinese bidders for PNR Bicol’s train sets
THE Transportation department said it is seeking Chinese bidders for the rolling stock package of the Philippine National Railways (PNR) Bicol project.