Department of Budget and Management secretary Amenah F. Pangandaman emphasizes the importance of fostering inclusive growth through innovation with impact during her keynote speech at the Research Innovation and Development Festival held at the Central Luzon State University on Monday, Oct. 9. DEPARTMENT OF BUDGET AND MANAGEMENT PHOTO

PBBM admin investing heavily in innovation, technology in 2024

THE Marcos administration is seeking hefty allocation for its innovation and technology initiatives in 2024 to foster socioeconomic growth and development in the country,...
Trade Secretary Alfredo Pascual (left) and Australian Trade and Tourism Minister Don Farrell during a press conference on the sidelines of the 6th Philippines-Australia Ministerial Meeting (PAMM) held in Adelaide, Australia on Monday, Oct. 9. One of the takeaways from the PAMM is Australia's establishment of Investment Deal Team in Manila. SCREENSHOT/DEPARTMENT OF FOREIGN AFFAIRS AND TRADE YOUTUBE CHANNEL

Australia picks PH as Investment Deal Team location in ASEAN

THE Australian government will establish an Investment Deal Team in the Philippines to bring Australian investments into the country. This was announced on Monday, Oct....
Container vans stacked together are seen inside the Philippine Ports Authority compound in Manila in this file photo. GEORGE CALVELO/ABS-CBN NEWS PHOTO

Trade deficit narrows to $4.13 billion in August

THE Philippines' trade deficit narrowed by 31.5 percent to $4.13 billion in August this year, the state statistics bureau said yesterday. The trade deficit was...
A farmer spreads fertilizer granules as he walks through his rice field in Bambang, Nueva Vizcaya. The Philippines imported $3.28 million worth of fertilizer from Israel in 2022. KARLSTON LAPNITEN/FILE PHOTO/INQUIRER.NET

DA: Israel-Hamas conflict will have ‘minimal effect’ on agriculture

THE Department of Agriculture (DA) yesterday said it expects that fighting between Israeli forces and the fundamentalist Hamas will have little effect on food...
According to the Bureau of the Treasury, debt service jumped by more than 25 percent to an all-time high of P1.2 trillion in 2021 from P962.47 billion in 2020.

Caluya 4th richest town, QC still richest city in PH

THE municipality of Caluya in Antique is among the richest municipalities while Quezon City is still the richest city in the Philippines in terms...
Hotel101 Global Corporate Office in Singapore

Hotel101 opens global sales hub, corporate office in Singapore

DOUBLEDRAGON Corporation's subsidiary Hotel101 Global Pte. Ltd. officially opened and formally began the operation of both its Global Corporate Office and Global Sales Hub...
The Philippines is positioned as the regional hub in Southeast Asia for smart and sustainable manufacturing and services. PHOTO COURTESY OF ABS-CBN NEWS

PH seeks more investors from Russia

THE Marcos administration is wooing more Russian businesses to invest in the Philippines, touting the country as an attractive regional hub for smart and...

Negros Occidental inflation rate drops

BACOLOD City – Decrease in prices of some commodity groups led to a slight decline in inflation rate for all income households in Negros...
Rice retailers welcome the removal of the price ceiling on regular milled rice priced and well-milled rice. PN PHOTO

Lifting of rice price cap ‘just right’ – Finance chief

DEPARTMENT of Finance (DOF) secretary Benjamin Diokno welcomed the lifting of the price cap on rice, about a month after it was first implemented. Diokno...
Prices of gasoline and kerosene are set to roll back for the third straight week today. PHILIPPINE DAILY INQUIRER FILE PHOTO

Big-time fuel price rollback set today

BIG-TIME rollbacks in the pump prices of petroleum products will greet motorists today as local oil firms announced cuts by up to P3.05 per...