LGUs, pop-up/mobile markets distribute P5.8 billion worth of produce
LOCAL government units (LGUs), farmers' cooperatives and associations, and community leaders bought P5.8 billion worth of farm and fishery products that were included in...
NEA loans to rural utilities hit P293-M in first 5 months
The National Electrification Administration (NEA) said it released around P293 million worth of loans to utilities operating in the countryside during the first five...
House approves P1.3-trillion stimulus bill on 3rd reading
THE House of Representatives on Thursday approved on third and final reading a P1.3-trillion stimulus package called the ARISE (Accelerated Recovery and Investments Stimulus for the Economy) bill, the new name for what had been known as the proposed Philippine Economic Stimulus Act (PESA).
PHL, World Bank sign $500-M loan agreement
THE government on Wednesday signed a $500-million loan agreement with the World Bank, the proceeds of which will fund the coronavirus containment efforts and aid small-business workers and the vulnerable population.
20-year extension sought for power subsidy for poor
A MEASURE extending for 20 years the lifeline rate subsidy granted to low-income households has been filed in the Senate.
More hotels allowed to reopen but guests limited
THE Inter-Agency Task Force on the Management of Emerging Infectious Diseases (IATF-EID) expanded its definition of hotels allowed to resume operations but continued to limit their clientele to precious bookings, stranded persons, overseas workers observing quarantine, and health care workers.
Remittance decline due to COVID-19 seen much worse than in 2007-09 financial crisis
THE decline in remittances to developing countries will be much worse than the 5% drop recorded in the wake of the 2007-2009 global financial crisis, the Institute of International Finance (IIF) said.
Agri dep’t offers farmers incentives to consolidate
THE Department of Agriculture (DA) said it will structure its incentive and assistance programs to favor farms that consolidate in order to increase the harvest and lower costs.
OFW numbers decline to 2.2 million in 2019
FEWER FILIPINOS worked in overseas job markets last year, according to the Philippine Statistics Authority (PSA).
Luzon grid placed on ‘yellow alert’ due to outages, gas shortage
THE Department of Energy (DoE) said Luzon was under yellow alert Thursday between noon and 3 p.m. due to power plant outages and limited output received from the Malampaya gas field.
Gambling regulator seeks reopening of casinos
PHILIPPINE Amusement and Gaming Corp. (PAGCOR) said it is requesting that casinos be allowed to reopen, citing the funds that will not go to various government social programs should the company remain unable to generate gaming revenue.
COVID-19 response improves but loss of other patients hurting local hospitals
THE health care sector’s ability to deal with the pandemic has grown based on metrics like testing capacity, but hospitals are under pressure due to rising costs as well as a sharp decline in non-coronavirus patients, health officials and industry representatives said.