Foreign Affairs Secretary Enrique Manalo (left) and Indian Minister of External Affairs S. Jaishankar lead their respective national delegations in the 5th Joint Committee on Bilateral Cooperation in New Delhi on June 29. DFA PHOTO

India reiterates loan offer for PH defense modernization

THE Indian government has reiterated its concessional line of credit offer to help the Philippines fund its defense modernization program. The offer was floated anew...
The Management Association of the Philippines says that the Ninoy Aquino International Airport privatization should include major upgrades of airport infrastructure, facilities, and processes. PHOTO COURTESY OF REUTERS

MAP backs NAIA privatization

THE Management Association of the Philippines (MAP), a group of top management and business executives, expressed support for the privatization of the Ninoy Aquino...
Micro, small, and medium enterprises will be the most affected by the wage increases, says economics professor Leonardo Lanzona. PCW.GOV.PH PHOTO

P40 minimum wage hike will hurt PH economy – economist

THE P40 hike in the minimum wage in the National Capital Region (NCR) won’t be beneficial to the Philippine economy, an economics professor said...
Coconut farmers transport dehusked coconuts in Quezon. Coconut production in the Philippines has increased by 1.6% from 3.20 million metric tons (MMT) in the first quarter of 2022 to 3.26 MMT in the first quarter of 2023, according to the Presidential Communications Office. PHOTO COURTESY OF INQUIRER.NET

Invest in technology to ensure coco industry resilience, PCA told

PRESIDENT Ferdinand "Bongbong" Marcos Jr. directed the Philippine Coconut Authority (PCA) to invest in new technologies to guarantee the resilience of the coconut industry. "The...

Veterans Bank holds Stockholders’ Meeting and Board Election

MAKATI CITY - Philippine Veterans Bank (PVB) held its 2023 Annual Stockholders’ Meeting (ASM) last June 16, 2023. Around 1,000 Filipino World War II...
Trade Secretary Alfredo Pascual (left) met with EIB vice president Kris Peeters in Brussels, Belgium on June 26. They discussed the potential collaboration in the Philippines, especially for the EIB to finance green transition projects in the Philippines. DTI PHOTO

DTI, European Investment Bank discuss potential projects in PH

THE Department of Trade and Industry (DTI) and the European Investment Bank (EIB) have discussed possible collaboration in the Philippines wherein the latter can...
The Philippines’ economic team is looking to hike the sweetened beverage tax rate to P12 per liter this year. INQUIRER.NET STOCK PHOTO

Reconsider proposed taxes on junk food, PH gov’t told

THE Joint Foreign Chambers of the Philippines (JFC) yesterday called for the government to reconsider proposals to implement additional taxes, saying that it is...
DIOKNO. DOF PHOTO

Inflation could fall below 2% in Q1 2024 – Diokno

INFLATION, or the rate of increase in the prices of goods and services, will likely fall below the government’s target band in the first...
Ninety-nine percent of the Philippine’ businesses are micro, small, and medium enterprises, with around 63 percent of the labor force employed by it. PCW.GOV.PH PHOTO

Huge businesses urged to aid small enterprises

PRESIDENT Ferdinand "Bongbong" Marcos Jr. urged big businesses to help in the national government's efforts to develop micro, small, and medium enterprises (MSMEs). Marcos made...
Around 1,000 Filipino World War II veterans-stockholders, widows and their compulsory heirs attend the Philippine Veterans Bank’s 2023 Annual Stockholders’ Meeting on June 16.

Veterans Bank holds stockholders’ meeting and board election

PHILIPPINE Veterans Bank (PVB) held its 2023 Annual Stockholders’ Meeting (ASM) on June 16, 2023. Around 1,000 Filipino World War II veterans-stockholders, widows and...