DOT orients French Senators on Boracay rehab

BORACAY ISLAND – Department of Tourism (DOT) undersecretary Arturo Boncato briefed delegates of the French Senate about actions taken by the agency during the...

Dominguez cites fast-tracking of Kaliwa Dam construction

MANILA – The construction of the New Centennial Water Source - Kaliwa Dam project is expected to be fast-tracked now that the eastern part...

Salary hike for gov’t workers possible with Duterte EO – DBM

MANILA – The reenactment of the Philippine budget would not prevent the implementation of the fourth tranche of salary increases for government employees but...

European businessmen back proposals to liberalize retail

MANILA – European businessmen on Wednesday backed economic managers' call to further liberalize several sectors of the economy to attract more foreign investment. Foreign businessmen...

Investment drop a temporary phenomenon, assures DOF

MANILA – The Department of Finance (DOF) on Wednesday brushed off the decline in foreign direct investments (FDI) into the country last year as...

Measures to address water supply shortage bared

MANILA – The Metropolitan Waterworks and Sewerage System (MWSS) on Wednesday bared measures that would address the on-going water shortage in some parts of...

‘Women face greater threat from job automation than men’

NEW YORK – Women across the economic spectrum are more vulnerable than men to losing their jobs to technology, according to a study released...

LTFRB opens 28 new premium P2P routes, including 3 in Iloilo

MANILA – The Land Transportation Franchising and Regulatory Board (LTFRB) has recently filed Memorandum Circular 2019-010, which opens 28 new Premium Point-to-Point (P2P) Bus...

Infra loans ‘not a bad thing,’ says China-led bank exec

MANILA – Borrowing overseas to fund a massive infrastructure overhaul is "not a bad thing by itself," an economist from the a China led...

Gov’t lowers growth target to 6 – 7% amid budget delays

MANILA – The Philippines on Wednesday lowered its GDP growth target for this year to 6-7 percent, instead of 7-8 percent, citing the impact...