Home / Top News (page 2)

Top News

Reforms to create 1.4M jobs in 10 yrs

The Duterte administration’s tax reform package that aims to lower the corporate income tax (CIT) and overhaul the country’s “convoluted” fiscal incentives system is projected to generate some 1.4 million jobs, mostly in small and medium enterprises (SMEs), over the next decade and create a business environment conducive to inclusive growth, according to Finance Secretary Carlos Dominguez III.

Read More »

Brighter hope for Marawi victims

More than a year after the Marawi conflict ended, organizations working in the Marawi rehabilitation stressed the importance of promoting access to financial services and Islamic finance as part of the continuous recovery of families affected by the crisis.

Read More »

Pangilinan vows availability of 5G services next year

Telecommunications firm PLDT, Inc. and its wireless subsidiary Smart Communications expects subscribers of its Home and Enterprise business segments to be able to avail of 5th generation technology (5G) capable services by next year.

Read More »

Imee Marcos proposes rescue package for distressed coco farmers

Ilocos Norte Gov. Imee Marcos proposed a three-pronged rescue package for farmers in the coconut industry where at least 3.5 million coconut farmers are suffering from a continuous slump in domestic price for copra, with some barely surviving as they are already buried deep in debt and others no longer harvesting their crops due to low prices.

Read More »

Vietnam, Thailand to supply 203,000 MT rice to Philippines

The state-run National Food Authority (NFA) on Wednesday successfully bid out contracts for the supply of 203,000 metric tons (MT) of rice to Vietnam and Thailand, as it strives to boost the country’s buffer stock.

Read More »

Influx of Chinese workers blamed on online gaming

By Tracy Cabrera Following a crackdown by the Philippine Amusement and Gaming Corpration (Pagcor) against illegal online gaming operators, Immigration spokesperson Dana Sandoval disclosed that online gaming is one of the main factors that has contributed to the influx of Chinese workers in the country.

Read More »

China leads in growth of renewable energy

By Tracy Cabrera Responsible for nearly half of the world’s total coal consumption— mainly to fire its power plants—China’s remarkable four-decade long economic expansion has been fueled in large part by coal. But choking air pollution, along with China’s commitments under the Paris Agreement on global warming, are pushing the country down a greener path.

Read More »

Infra spend hits P571B in 9 months

Infrastructure spending of over a half-trillion pesos in the first nine months of 2018 demonstrates the “fast and sure” mantra in the implementation of projects and shows the vastly improved absorptive capacity of government agencies on the Duterte watch, Finance Secretary Carlos Dominguez III said here Wednesday (Nov. 28).

Read More »

NDFP rejects Duterte’s demand for a draft peace agreement

By Tracy Cabrera Accusing President Rodrigo Duterte of pretending not to know there is a peace negotiating process, the National Democratic Front of the Philippines (NDFP) has rejected the chief executive’s demand for a draft peace agreement, adding it will not submit its own version of the draft.

Read More »

Gatchalian pushes for ‘Drill, Drill, Drill’ amid skyrocketing global oil prices

By Tracy Cabrera The Duterte administration should be more aggressive in its pursuit of energy self-sufficiency by launching a ‘Drill, Drill, Drill’ program to support its ‘Build Build Build’ advocacy in order to strengthen its economic agenda.

Read More »