PHL global economic freedom rating slips
THE PHILIPPINES’ global economic freedom ranking fell three spots due to lower scores in trade freedom, sound money, and regulation according to a global...
Gov’t agencies post cash utilization rate of 93% at end of August
THE cash utilization rate of government agencies hit 93% in the eight months to August, the Department of Budget and Management (DBM) said.
The National...
DBM to release P12B for Western Visayas housing aid
THE Department of Budget and Management (DBM) has approved the release of P12.259 billion for housing aid to calamity victims in the Western Visayas,...
Former agri secretaries support solar-powered irrigation systems
SOLAR-POWERED irrigation systems have the potential to transform underserved upland farms, two former agriculture secretaries said.
In a joint statement issued by the Federation of...
Iloilo’s MORE Power reduces September rate
ILOILO CITY power consumers served by MORE Electric and Power Corp. (MORE Power) will face lower electricity charges in September, with the average rate...
World Bank cites need to raise teaching quality after pandemic
EAST ASIA and the Pacific must raise the quality of teaching to compensate for the “learning poverty” caused by the pandemic, the World Bank...
Ore processors send feelers for potential PHL investments
THE Department of Trade and Industry (DTI) said it has received expressions of interest from potential investors seeking to set up ore processing facilities,...
BPO industry on track to hit 1.7 million target for creating new jobs
THE IT and Business Process Association of the Philippines (IBPAP) said it is on track to achieve its target of creating 1.7 million jobs...
Ajinomoto sees plastics tax driving industry push towards sustainability
AJINOMOTO Philippines Corp. said the excise tax on single-use plastics will accelerate companies’ efforts to become more sustainable in their operations.
SRA suspects price manipulation behind decline in raw sugar prices
RAW sugar prices have dropped in Negros Occidental due to suspected market manipulation, the Sugar Regulatory Administration (SRA) said.
SRA Administrator Pablo Luis S. Azcona...
DoE endorses 86 projects for operating permits
THE Department of Energy (DoE) has endorsed 86 new and existing power plant projects to the Energy Regulatory Commission (ERC) as of August, moving...
China-ASEAN trade show generates $8.68 million in sales for PHL exhibitors
THE Department of Trade and Industry (DTI) said Philippine exhibitors participating in the 20th China-ASEAN Expo (CAEXPO) generated sales of $8.68 million.
At a briefing...