For 2023, the Philippines plans to welcome 4.8 million foreign visitors and 85.1 million domestic travelers. PN PHOTO

Marcos Jr. backs proposal on easier visa for tourists, foreign students

PRESIDENT Ferdinand Marcos Jr. is supporting a proposal from the Private Sector Advisory Council (PSAC) to simplify visa processes for foreign students and tourists...
Various local products go on display and on sale as part of the Tara, Pasyal Na! grand cultural celebration in Quezon City. MARK DEMAYO/ABS-CBN NEWS PHOTO

PH forms One Town, One Product program in new law

PRESIDENT Ferdinand Marcos Jr. has signed a new law that forms the country's One Town, One Product (OTOP) program which aims to provide support...
The Bureau of Customs “temporarily” padlocks several warehouses in Bulacan found containing P505 million worth of imported rice. BUREAU OF CUSTOMS PHOTO

P500M worth of rice found in 3 Bulacan warehouses

THE Bureau of Customs (BOC) closed and sealed three warehouses in Bulacan reportedly containing P500 million worth of suspected smuggled rice products. Together with some lawmakers,...
Oil companies will cut down prices per liter of gasoline by P1.40 today. AJ PALCULLO/PN

Another fuel price hike expected this week

ANOTHER round of pump price hikes is projected this week. According to a forecast by Unioil Petroleum Philippines Inc. on Saturday, Aug. 26, fuel price...
The Philippine Stock Exchange has been slipping since hitting the 9,000-level – its record high – in January 2018. PHOTO COURTESY OF ABS-CBN NEWS

Lower tax on dividends seen attracting foreign investors

A BILL seeking to reduce taxes on stock transactions has the potential to attract more foreign investors into the Philippine stock market, an analyst said.  House...
The Inter-Agency Council Against Trafficking on Aug. 22, 2023 released the revised guidelines for FIlipino passengers traveling abroad as part of its mandate to avoid human trafficking. PNA PHOTO BY YANCY LIM

New departure rules not meant to hinder right to travel – DOJ

THE Department of Justice (DOJ) clarified that the additional documents that may be asked of outbound travelers are not intended to hinder the rights of...

DTI urged to act on ‘dumping’ of imported papers

A LAWMAKER called on the Department of Trade and Industry (DTI) to look into the supposed dumping of imported paper products in the country,...
A woman walks on a narrow bridge towards huts made out of light materials at a fishing community in Bacoor, Cavite on October 30, 2020. GEORGE CALVELO, ABS-CBN NEWS PHOTO

Inflation, COVID plunge 68M into poverty in Asia

HIGHER inflation coupled with the coronavirus pandemic pushed nearly 68 million people in Asia into extreme poverty as of last year, according to a...
An artist’s rendition of the New Cebu International Container Port on a 25-hectare reclaimed area in Barangay Tayud, Consolacion town. CPA PHOTO

Korea Export-Import Bank supporting PH’s transpo projects —DOTr

THE Export-Import Bank of Korea (KEXIM) is funding several infrastructure projects of the Philippine government, the Department of Transportation (DOTr) said yesterday. The DOTr said...
This is the topping-off of ASCOTT-DD Meridian Park building conducted by DoubleDragon, Asya Design, Megawide, and DCI on Aug. 22, 2023 in Pasay City. ASCOTT-DD Meridian Park, with over 300 luxury serviced residences located right behind DoubleDragon Plaza, is expected to be operational and begin to generate recurring revenues by 2024.

Topping-off conducted for ASCOT-DD Meridian Park

ON AUG. 22, 2023, DoubleDragon’s subsidiary conducted a Topping Off of ASCOTT at DD Meridian Park in Pasay City, Metro Manila as the building...