Senate approves LPG bill on second reading
THE SENATE on Wednesday approved on second reading a measure outlining the regulation of the liquefied petroleum gas (LPG) industry.
Philippines may remain under lockdown after vaccine rollout
MANY parts of the country would probably remain under a lockdown even after the government starts vaccinating Filipinos against the coronavirus, according to the presidential palace.
COVID-19 infections nearing 550,000 with 11,401 deaths — DoH
THE DEPARTMENT of Health (DoH) reported 1,345 coronavirus infections on Wednesday, bringing the total to 541,560.
Banks’ soured loans decline in Dec.
By Luz Wendy T. Noble, Reporter
SOURED LOANS held by big banks edged lower in December, reflecting the impact of a temporary grace period for borrowers affected by the coronavirus...
Property prices to slowly recover in 2022
A SLOW RECOVERY in property prices will likely begin in 2022, as capital values last year fell more sharply than the decline seen during...
Palace lukewarm on Bayanihan III; funds limited
THE third Bayanihan stimulus law proposed by Congress is not necessary for now, the President’s spokesman said, noting the need to allow previous economic...
Speaker says third stimulus enjoys broad support in House
A MAJORITY of the membership of the House of Representatives supports the proposed third Bayanihan economic stimulus package worth P420 billion, Speaker Lord Allan...
China demand for PHL nickel strong if Indonesia ban stays
DEMAND FOR Philippine nickel ore will remain high in China if Indonesia maintains its nickel export ban, industry officials said Monday.
“As long as Indonesia...
Import quota panel backs plan to increase pork, hog imports
THE Department of Agriculture (DA) said Tuesday that a council which helps determine quotas for imports entitled to tariff rates under the minimum access...
Farmers call for irrigation upgrades tailored to growing areas
UPGRADES to irrigation systems must be preceded by studies that evaluate the suitability of the works to the growing area, farmers said.
Raul Q. Montemayor,...
Military to keep order in vaccine drive — Duterte
By Kyle Aristophere T. Atienza and Vann Marlo M. Villegas, Reporter
President Rodrigo R. Duterte has ordered the military and police to keep order as the government starts vaccinating Filipinos against the coronavirus next week.
The...
Peso strengthens vs dollar ahead of RTB offering
THE PESO appreciated against the greenback on Monday ahead of the government’s retail Treasury bond (RTB) sale and on preference for the local unit following the US jobs data released on Friday.