SPREADING HOLIDAY CHEERS

Hennan Group of Resorts, the biggest Filipino-owned home-grown resort group in the country, spread holiday cheers during its yearly Christmas gift-giving project last Dec....
PEREZ. JONATHAN CELLONA/ABS-CBN NEWS PHOTO

Over a third of LGUs in PH automated – ARTA

OVER a third of local government units (LGUs) in the Philippines have started automating the registration and processing of business permits, the Anti-Red Tape...
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.

CREATE law attracts more than P1-T investments

MORE than 900 projects with total investments of P1.02 trillion have so far been approved under the Corporate Recovery and Tax Incentives for Enterprises...
The Bureau of the Treasury says the state borrowed P171.09 billion onshore through its regular sale of debt securities such as Treasury bonds and Treasury bills in November 2023. PHOTO COURTESY OF INQUIRER.NET

Gov’t debt bloated to record high P14.51 trillion in Nov 2023

THE government’s outstanding debt sustained its ascent to a new record high in November 2023 amid rising borrowing costs and high inflation that bloated...
Philippine stock market closed at 7,992.32 last week, only a few points short of the major 8,000 point psychological level. BWORLDONLINE.COM

Stock market starts 2024 strong, peso depreciates

THE Philippine Stock Exchange index (PSEi) started the year with gains on positive sentiment on inflation, while the local currency depreciated on the first...

Modernization, expansion of 22 airports funded in 2024 budget

A TOTAL of P7.5 billion has been allocated in the 2024 national budget for the modernization and expansion of the country’s aviation hubs in...
The inaugural Board Meeting of the Maharlika Investment Fund’s governing body, the Maharlika Investment Corporation (MIC), took place on Wednesday, Jan. 3. Photo shows (from left) MIC president and chief executive officer Rafael Consing Jr. and Finance secretary Benjamin Diokno. DEPARTMENT OF FINANCE PHOTO

Maharlika identifies industries for potential investment

THE Maharlika Investment Corporation (MIC), the governing body behind the Maharlika Investment Fund (MIF), held its first board meeting on Jan. 3 and identified...

DTI kicks off MSME training platform

THE Department of Trade and Industry (DTI) is set to begin this month the formal run of its online training platform for micro, small...
Only 191,399 beneficiaries of the Pantawid Pamilyang Pilipino Program (4Ps) officially registered for the Lifeline Rate Program as of December 2023, according to Department of Energy’s Electric Power Industry Management Bureau director Luningning Baltazar. SCREENSHOT FROM PTV VIDEO

Poor households aloof from power bill discount program

BARELY one out of 20 households that may qualify for discounted electricity rates have signed up for this benefit, prompting the Department of Energy...
Cebu ranked 19th in Travel Lemming’s list of 50 ‘Best Places to Travel’ in 2023. Photo shows tourists swimming with whale sharks in Oslob, Cebu. PHOTO COURTESY OF ABS-CBN NEWS

PH books 5.45 million tourist arrivals in 2023 – DOT

THE Philippines booked 5.45 million tourist arrivals in 2023, surpassing the government's target for the year, the Department of Tourism (DOT) said on Tuesday,...