Diesel prices may increase by P2.20 to P2.40 per liter while gasoline prices may go up by P1.60 to P1.80 per liter this week, based on the estimates from an oil company. PN PHOTO

Fuel price to roll back on New Year’s Eve

MOTORISTS can enjoy a decrease in the retail prices of fuel on New Year’s Eve as oil companies announced the latest adjustments for this...
Finance Secretary Ralph Recto in a press conference at the Malacañan Palace on Monday (Dec. 30, 2024) vows that his agency will work round the clock to finance the PHP6.326-trillion 2025 General Appropriations Act. Some 73 percent of the budget will be funded by revenue collections. SCREENSHOT FROM RTVM VIDEO

DOF vows to intensify revenue collections to fund 2025 nat’l budget

DEPARTMENT of Finance (DOF) Secretary Ralph Recto vowed for a more robust revenue collections next year following President Ferdinand R. Marcos Jr.’s signing of...
The private operator of the Ninoy Aquino International Airport is investigating reports of unfair treatment of baggage porters at the country’s primary gateway. PHOTO COURTESY OF CONTEXT.PH

NAIA probes ‘unfair treatment’ of baggage porters

NEW NAIA Infra Corp. (NNIC), the private operator of the Ninoy Aquino International Airport (NAIA), announced that it was investigating reports of unfair treatment...
President Ferdinand “Bongbong” Marcos Jr. signs Executive Order No. 80 that listed thousands of agricultural, infrastructure and energy commodities from the Republic of Korea that would be exempt from importation tariffs in the next 15 years. OFFICE OF THE PRESIDENT PHOTO

Marcos signs order implementing free trade deal with South Korea

PRESIDENT Ferdinand Marcos Jr. has signed an executive order to implement the schedule of tariff commitments under the Philippines’ Free Trade Agreement (FTA) with...

BPO firms urge gov’t to fund AI upskilling programs

THE Philippines largest organization of information technology and business process management (IT-BPM) firms called on the government to prioritize funding for upskilling programs focused...
The Bangko Sentral ng Pilipinas says the peso’s weakness seen in the past few months could be attributed to the seasonal surge in overseas Filipino workers remittances and conversion to pesos for holiday-related spending. PHOTO COURTESY OF GMA INTEGRATED NEWS

Peso up on last trading day of 2024

THE Philippine peso closed on a strong note Friday, December 27 — the last trading day of the year — amid monetary interventions to...
A man walks past the International Monetary Fund logo at its headquarters in Washington, U.S. REUTERS/YURI GRIPAS/FILE PHOTO

IMF urges restoration of LandBank, DBP capital after Maharlika Fund infusions

THE International Monetary Fund (IMF) has called for the swift restoration of the capital of state-owned lenders following their infusions into the country's first...

PH officially drops World Bank loan for Customs modernization project

THE Philippines has officially abandoned its $88.28-million loan from the World Bank (WB) to fund the modernization of the Bureau of Customs after the...
Trade Undersecretary and BOI Managing Head Ceferino Rodolfo reminded registered business enterprises that the CREATE MORE prescribed that the deadline for submission is on Dec. 31, 2024. PHILIPPINE BOARD OF INVESTMENTS PHOTO

RBEs can transfer to CREATE, CREATE MORE perks until Dec. 31

THE Board of Investments (BOI) has urged registered business enterprises (RBEs) to submit a letter of intent to the agency if they wish to...

“Galit ang mga tao” — Public fury pushes PhilHealth to scrap 24-hour confinement rule...

At a time when healthcare remains a critical concern for Filipinos, Senator Christopher "Bong" Go has renewed attention on longstanding policies that many argue...