Innovate Iloilo Roadmap now in ‘consultation phase’ – DOST

ACCORDING to the Department of Science and Technology regional director Rowen Gelonga, Innovate Iloilo Roadmap is currently in its “consultation phase.” The meetings are conducted through...

NEDA approves first phase of Mindanao Railway project

MANILA – The National Economic and Development Authority (NEDA) Board on Friday approved the Tagum-Davao-Digos segment under the first phase of the Mindanao Railway Project (MRP). In a...

DTI eyes budget for creative industries

MANILA – The Department of Trade and Industry (DTI) is pushing for the promotion of the economic potential of the country’s creative industries in Southeast Asia as...

BOC Dumaguete breaks P4-B mark on revenue collections

DUMAGUETE City – The Bureau of Customs (BOC) sub-port of Dumaguete has breached the P4-billion mark, exceeding more than the target collection set for 2019. Dumaguete Customs Collector...

FAA seeks fine from Boeing for defective parts of 737 NG planes

WASHINGTON – The Federal Aviation Administration (FAA) said on Friday it seeks to impose a $3.9 million fine on Boeing Co., alleging it failed to prevent...
The Philippine stock exchange ended the week last week near the 8,000 level, but on Wednesday, it briefly touched the 8,200 point region – a major psychological region. According to local stock broker and technical analyst, last week’s volatility was caused by the Morgan Stanley Composite Index when it downgraded its outlook for two major Philippine companies, Ayala Global and DMCI. REUTERS

6 stocks prop up PSEi in uncertainty – analyst

THE PHILIPPINES Stock Exchange index (PSEi) ended the week at 7,800 points again, causing concern among investors and stock brokers. According to local stock broker and...

China to waive tariffs on some US soybeans, pork

BEIJING – China confirmed it will waive import tariffs for some soybeans and pork shipments from the United States on Friday, as the two sides try...

Trump to World Bank: Stop loaning to China

WASHINGTON – The President of the United States, Donald Trump, on Friday called for the World Bank to stop loaning money to China, one day after...
Around 17.6 million Filipinos remain poor even as the country’s poverty incidence dropped to 16.6 percent of the population in 2018. GLOBALCITIXEN.ORG

Poverty incidence drops in 2018, but 17.6M Filipinos remain poor

AROUND 17.6 million Filipinos remain poor even as the country’s poverty incidence dropped to 16.6 percent of the population in 2018, the Philippine Statistics Authority (PSA)...
A vendor reads newspaper as he waits for customers at a wholesale onion market. RUPAK DE CHOWDHURI/REUTERS

DA mulls import of red onions as prices rise

MANILA – The Department of Agriculture is mulling on the importation of red onions after prices increased significantly. On Thursday, red onions sold at P160 per kilo, from...