DOTr inks deal with Meralco to power Metro Manila subway
THE Department of Transportation (DOTr) on Thursday, Feb. 15, signed a deal with the Manila Electric Company (Meralco) for the distribution utility to power...
Filipinos spending more on gadgets, luxury
THE growing number of tech-savvy families in the middle and upper-income brackets is fueling consumption of leisure items in the Philippines, boding well for...
All eyes on NAIA rehab: Private partner coming
THE winner of the bidding for the P170.6-billion Ninoy Aquino International Airport (NAIA) rehabilitation contract will soon be named after the Manila International Airport...
New tax rates on passive income pushed by DOF
THE Department of Finance (DOF) has presented its “refined” proposal on Package 4 of the Comprehensive Tax Reform Program (CTRP) to the Senate.
Under the...
DBM releases over P400M for Q1 rice competitiveness fund
THE Department of Budget and Management (DBM) has released over P400 million to cover the first quarter funding requirements of the Rice Competitiveness Enhancement...
BOC seeks to cut off source of fake goods in PH
THE Bureau of Customs (BOC) said it is working to cut the supply of fake goods in the Philippines after the United States Office...
P221.6B offshore wind power projects in Iloilo, NegOcc get green lane status
THE Bureau of Investments (BOI) has granted green lane status to the offshore wind projects to be erected in the Guimaras Strait in Western...
Recto ditches Landbank-DBP merger plan
THE proposed merger of state-run lenders Land Bank of the Philippines and Development Bank of the Philippines (DBP) is no longer on the table,...
SSS revenue in 2023 surpasses target by 9.5 percent
The Social Security System (SSS) today announced that its revenue for 2023 jumped to P362.20 billion, surpassing its P330.80 billion revenue target by 9.5...
It’s a Love Land at SM City Iloilo
Romance, roses, and confectioneries make a lovely Valentine’s Day gesture. But do you know how to top this up? By treating them to an...