The President signed a law granting a 25-year franchise to the solar energy firm owned by the son of Antique Representative Loren Legarda. The law allows the Solar Para sa Bayan Corporation to construct, install, establish, operate, and maintain distributable power technologies and mini-grid systems.

Duterte signs law granting franchise to solar firm owned by Legarda’s son

MANILA - President Rodrigo Duterte has signed a law granting a 25-year franchise to the solar energy firm owned by the son of Antique Representative Loren...
Fitch Solutions cited the 22-month low June inflation at 2.7 percent, compared with 3.2 percent in May. It noted that the Philippine peso has stabilized and is expected to reduce import-related inflationary pressures. ALAMY

Fitch Solutions forecasts cool down of inflation to 3%

MANILA - The country’s inflation rate is seen slowing down to settle at midpoint of the government’s target range of 2 percent to 4 percent to...
The government conducted the “first live marking of petroleum” products. It aims to plug revenue leakages from oil smuggling by placing a molecular marker on imported, manufactured, and refined petroleum products such as gasoline, diesel, and kerosene. AP

Gov’t starts marking tax-paid fuel products

MANILA - The Department of Finance (DOF) and its attached agencies Bureau of Customs (BOC) and Bureau of Internal Revenue (BIR) started implementing on Friday the...

Latest US tarriffs on Chinese goods to affect PH economy

MANILA – Economic risks confronting the Philippines increased further after US President Donald Trump announced another round of retaliatory tariffs on Chinese goods, which he attributed to...
Wall Street stocks soared overnight as US President Donald Trump backed off his September 1 deadline for 10 percent tariffs on the remaining Chinese imports, delaying duties on cellphones, laptops, and other consumer goods. POLITICO

Peso weakens on Trump’s threat to impose new tariffs on Chinese goods

MANILA - The Philippine peso depreciated against the US dollar on Friday as US President Donald Trump’s threat to impose new tariffs on Chinese imports sent...

Pag-IBIG Fund collects record-high P30B in home loan payments in H1, PLR climbs to...

PAG-IBIG Fund reached record-high performing loans ratio as top executives report double digit growth in its housing loan payment collections in the first half of the...
The construction of Makati City subway system will employ up to 10,000 Filipino workers. PINOYPHOTOGRAPHY.ORG

Makati subway project to prioritize Filipino workers

MANILA - The company in charge of building the Makati City subway system assured that the P178-billion project will give priority to Filipino workers. Philippine Infradev president and...

PSEi slips 1.04% amid Trump’s threat of new tariffs in China

MANILA- Philippine share prices dropped more than 1 percent during the morning session yesterday as US President Donald Trump’s threat to impose new tariffs on Chinese...
A vendor tends to her rice stall at the Paco Market in Paco, Manila. ALAMY

Gov’t urged to implement safety nets under ‘Rice Tariff’ law

MANILA - Rice traders and manufacturers urged the government to implement safety measures under the Rice Tariffication Law to address a continued drop in prices of...
Farmers from the host venue, Brgy. Balcon Maravilla headed by Punong Barangay Edgar Ecullada, and neighboring barangays attended the program with officials of the different partner agencies.

SM Foundation launches 212th Farmers Training Program in Jordan, Guimaras

SM Foundation Inc. (SMFI) launched its 212th batch of Kabalikat sa Kabuhayan (KSK) Farmers Training Program last July 24, 2019 in the municipality of Jordan in...