NG outstanding debt jumps to record P19.07 trillion
By Justine Irish D. Tabile, Senior Reporter THE NATIONAL Government’s (NG) total outstanding debt rose to a record-high P19.07 trillion as of end-June, amid higher...
Category : World
Marcos approves incentives to attract EV investments
By Erika Mae P. Sinaking, Reporter PRESIDENT Ferdinand R. Marcos, Jr. has approved an incentive program to attract investments in the local manufacture of electric...
Philippine banks see steady lending standards, demand in Q3
PHILIPPINE BANKS widely expect standards and demand for loans to remain unchanged in the third quarter as the banking industry stays resilient despite global geopolitical...
ICTSI secures 25-year MICT concession extension
RAZON-LED International Container Terminal Services, Inc. (ICTSI) has secured a 25-year extension of its concession to operate the Manila International Container Terminal (MICT), allowing the...
Task force laying groundwork for removal of system loss charge
A JOINT TASK FORCE consisting of representatives from energy agencies and electric cooperatives is working on plans to remove system loss charges from electricity bills,...
BIR ‘ready’ to implement SONA tax-system overhaul
THE Bureau of Internal Revenue (BIR) said it is ready for the enactment of the government’s tax relief proposals, aided by modernized systems and simplified...
DICT sees Pax Silica bridging PHL’s digital divide
THE Department of Information and Communications Technology (DICT) said the Pax Silica initiative will help the Philippines bridge its digital divide, lending support to its...
Davao modern bus system seen partially operational by first quarter 2028
THE Department of Transportation (DoTr) said the Davao modernized bus system is on track to start partial operations by the first quarter of 2028. Transportation...
Inflation still casts shadow over PHL economy as energy instability lingers, Metrobank says
INFLATIONARY PRESSURES continue to pose risks to the Philippines as a prolonged oil shock ripples through transportation, electricity, food, and fertilizer costs, Metropolitan Bank and...
Hiraya Water launches P600-million rehab program for Dasmariñas network
Hiraya Water Corp., formerly known as Primewater Infrastructure Corp., has launched a P600-million capital expenditure program to rehabilitate and expand the water distribution system in...