The Fiscal Incentives Review Board approved P4.28 billion in tax subsidies for seven government agencies and state-run corporations last year, according to a statement released by the Department of Finance.

Gov’t agencies to promote transparency in ODA

THE Department of Finance (DOF) said government agencies recently met to discuss ways to promote transparency in the Official Development Assistance (ODA) process and...

Time to LEVEL UP with SM’s Cyber Month 2024; Cyberzone gears up for a...

Tech buffs, gadget experts and gaming enthusiasts unite! This August, Cyberzone invites you to evolve, upgrade, and LEVEL UP your life with the latest...

Get Ready to Explore the World at the World Travel Expo @ Central Visayas!

Set your travel goals and mark your calendars for August 23-25, 2024 as the World Travel Expo will give you an unbeatable travel experience!...
Hotel101 Global Pte. Ltd, in partnership with esteemed engineering firms Kamita Sekkei and Technocrew, alongside the contractor of Hotel101-Niseko project - Iwata Chizaki Inc., signed its commitment to the creation of the environmentally forward Hotel101-Niseko in April this year. Photo shows (from left) Kamita Sekkei Chief Executive Officer Hirokazu Bando, Technocrew Managing Director Akira Hiraoka, Hotel101 Global Chief Executive Officer Marri Marriana Yulo- Luccini, and Iwata Chizaki Construction General Manager Makoto Miyoshi.

Hotel101 Global receives CASBEE Certification for Hotel101-Niseko

HOTEL101 GLOBAL has officially received the CASBEE certification for its hotel project in Hokkaido, Japan on Friday, August 9. It made history as the...
Philippine Economic Zone Authority Director General Tereso Panga says project approvals for the first seven months of 2024 resulted in 29,524 jobs as against 18,407 jobs in January to July 2023. PNA FILE PHOTO BY AVITO DALAN

PEZA’s 7-month investment approvals create more jobs

THE approved investments at the Philippine Economic Zone Authority (PEZA) from January to July this year generated more jobs in ecozones than during the...
Marchers join a unity walk of transport groups supporting the Public Transport Modernization Program as they hold a rally program on Mendiola bridge in Manila on August 5, 2024. JONATHAN CELLONA/ABS-CBN NEWS PHOTO

DOTr mulls national summit on jeepney modernization

THE Department of Transportation (DOTr) said it is open to holding a summit with transport groups to discuss issues with the Public Transport Modernization...
National Economic and Development Authority (NEDA) Secretary Arsenio M. Balisacan (3rd from left) and other NEDA officials engage with members of the media in a press chat at the PSA Office in Quezon City. NEDA PHOTO

PH use of ODA loans reached 45% of $35B as of end-2023

THE Philippine government has so far utilized nearly 50% of the cumulative official development assistance (ODA) loans it received from other countries and multilateral...

BIR, NBI seize illicit vape products in Rizal bazaar

THE Bureau of Internal Revenue (BIR) and the National Bureau of Investigation (NBI) have confiscated 7,920 pieces of illicit vape products at a bazaar...
Director III Rodela Romero of the Department of Energy-Oil Industry Management Bureau says the oil market is expected to remain volatile for the coming weeks. PHOTO COURTESY OF GAS POLICY DEVELOPMENT PROJECT

Big-time fuel price cut seen next week

MOTORISTS should expect another round of rollback in the pump prices of petroleum products next week, which could mark the third straight week of...
Outstanding loans of big banks amounted to P12.1 trillion in June this year, preliminary data released by the Bangko Sentral ng Pilipinas showed. DOTPROPERTY.COM.PH PHOTO

High interest rates curb loan growth

BANK lending grew in June this year but was relatively flat from the previous month as high interest rates tempered demand for consumer and...