DPWH to include bike lane in road projects

ILOILO City – Secretary Mark Villar of the Department of Public Works and Highways (DPWH) is looking forward to incorporate bike lanes and sidewalks...

GBP cited for exemplary compliance

ILOILO City – Global Business Power (GBP) subsidiary Panay Energy Development Corporation (PEDC) has been cited by the Philippine Electricity Market Corp. (PEMC) for...

BSP likely to ‘accelerate’ policy easing, sees HSBC

MANILA – Bangko Sentral ng Pilipinas governor Benjamin Diokno could "accelerate" the pace of policy easing to support growth as inflation cools, an analyst...

Diokno on decline in investment inflows: ‘Nothing to worry about’

MANILA – Bangko Sentral ng Pilipinas governor Benjamin Diokno said Tuesday the 4.4-percent decline in net inflows of foreign direct investments in 2018 should...

Bangko Sentral chief open to reserve requirement cut

MANILA – Bangko Sentral ng Pilipinas (BSP) governor Benjamin Diokno said any policy easing move can be done not only through policy rate cuts...

DOF urges Senate to pass 5% royalty fee for all miners

MANILA – The Department of Finance (DOF) has made a last-minute appeal to the Senate to pass its original proposal of a uniform royalty...

Piñol junks proposal to import unhusked rice

MANILA – Agriculture secretary Emmanuel "Manny" Piñol has junked the planned importation of palay, or unhusked rice as it may pose danger to Philippine...

SMC to build PH’s first recycled plastic roads

MANILA – San Miguel Corp. (SMC) is building roads out of recycled plastics to help reduce the impact of plastic waste on the environment. “This...

Alcohol tax seen to raise P237 billion in 5 years

MANILA – A proposal by Sen. Emmanuel “Manny” Pacquiao to increase the excise tax on alcohol products will raise additional revenues of almost P237...

DA reports P464-M initial agri damage due to El Niño

MANILA – The Department of Agriculture (DA) reported initial losses amounting to some P464.27 million with an estimated volume of 22,918 metric tons (MT)...