Philippines’ net FDI inflows plunge to near 10-year low in April
By Katherine K. Chan, Reporter Net inflows of foreign direct investments (FDI) in the Philippines plunged to a near 10-year low of $250 million in...
Author : Michael H. Henry
UP backs rental housing project amid demolition, displacement concerns
The University of the Philippines (UP) on Friday said construction of its ‘low-cost’ rental housing project will begin later this year despite residents’ concerns over...
Teodoro seeks higher defense spending to bolster maritime security
Defense Secretary Gilberto C. Teodoro Jr. said on Friday that the Philippines should increase defense spending to between 2% to 4% of gross domestic product...
US tags Pax Silica initiative in Philippines as top priority — DoF
By Beatriz Marie D. Cruz, Senior Reporter THE United States has identified its Pax Silica-related initiatives in the Philippines as one of its top priorities,...
Meralco July power rate rises P0.3428/kWh on higher generation charge
The Manila Electric Co. (Meralco) raised electricity rates for July by P0.3428 per kilowatt-hour (kWh), with higher generation costs accounting for more than half of...
Sandiganbayan rejects Estrada bid to attend Duterte impeachment trial
The Sandiganbayan Fifth Division denied detained Senator Jose “Jinggoy” P. Ejercito Estrada’s request to attend the Senate impeachment trial of Vice President Sara Duterte-Carpio, ruling...
Bavi, enhanced southwest monsoon to bring heavy rains, strong winds
Intense rainfall and strong winds are expected across several areas of the country due to the combined effects of Typhoon Bavi (local name Inday) and...
A decade after Hague win, Filipino fishers still shut out of Scarborough Shoal
LEONARDO CUARESMA remembers when a day at Scarborough Shoal almost guaranteed a full catch. Nearly a decade after the Philippines won an international arbitration case...
DBCC trims revenue goals
THE DEVELOPMENT Budget Coordination Committee (DBCC) trimmed its tax revenue projections for this year, as it cut the Bureau of Internal Revenue (BIR) target by...
Philippines secures $60-M grant from MCC
THE PHILIPPINES has secured a $60-million (around P3.7-billion) grant from the US Millennium Challenge Corp. (MCC) to support reforms aimed at improving energy security, electricity...