Wholesale prices of general goods fastest in 14 months — PSA
By Ana Olivia A. Tirona, Researcher
WHOLESALE PRICE growth in general goods picked up to its fastest pace in 14 months in March, data released by the Philippine Statistics Authority...
Congress tackles bill to give Duterte special powers
CONGRESS on Monday sought to approve a measure that will give President Rodrigo R. Duterte special powers to address the national crisis triggered by the coronavirus disease 2019 (COVID-19) outbreak.
BSP fully awards 28-day bills
The Philippine central bank raised P100 billion from its auction of short-term securities on Friday as rates dipped on strong liquidity loans to the government...
ERC proposes lower open access threshold
SMALL ELECTRICITY end-users will be able to choose their preferred power supplier soon as the Energy Regulatory Commission (ERC) is now looking to lower...
Meralco customers to see lower bills in December
RESIDENTIAL CUSTOMERS in areas served by Manila Electric Co. (Meralco) will see lower electricity bills in December amid a drop in generation charges.
Gov’t must regulate critical information infrastructure, AI as cyberthreats grow
THE PHILIPPINE government must prioritize measures that would regulate the country’s critical information infrastructure and artificial intelligence (AI) use amid the growing sophistication of cyberattacks, industry experts said.
PAL dusts off NAIA 2 dev’t pitch
PHILIPPINE AIRLINES (PAL) has revived its proposal to build a P20-billion ($400-million) annex to the Ninoy Aquino International Airport (NAIA) Terminal 2 to address...
Wage subsidy extension sought as most firms face cash crunch
THE Philippine government should consider extending the wage subsidy program for small firms, the Asian Development Bank (ADB) said, after a survey showed more than half of businesses are facing a cash crunch amid the pandemic.
Philippines is one of the most hybrid-work friendly markets in Asia-Pacific
THE PHILIPPINE office sector is one of most hybrid work-friendly markets in the Asia-Pacific region, but some firms still face sustainability challenges, according to...
Cavite government eyes P200B from bonds to help finance airport
THE PROVINCIAL government of Cavite said it is now looking at a bond float to help finance construction of a $10-billion airport at Sangley Point.
House set to tackle wage hike bills next week
THE HOUSE of Representatives is set to tackle bills seeking to hike the minimum wage by P150 next week despite concerns this would pose...
Philippines seals five-year Vietnam rice supply deal
THE PHILIPPINES and Vietnam sealed several deals on Tuesday including one that will ensure steady supply of Vietnamese rice to its Southeast Asian neighbor,...