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The share of tourism to the country’s gross domestic product (GDP) could reach as high as eight percent this year due to the further reopening of the Philippine economy, an economist said on Friday. Rizal Commercial Banking Corporation chief economist Michael Ricafort In an interview with the Philippine News Agency (PNA), Rizal Commercial Banking Corporation chief economist Michael Ricafort said …

In the bustling metropolis where dreams are forged, a remarkable group of fathers silently tread the path of dedication and sacrifice. On Fathers’ Day, we shine a spotlight on the unsung heroes of the Filipino workforce, whose unwavering commitment to their families often goes unnoticed amidst the demands of their careers. For many Filipino working fathers, the journey begins before …

Filipinos are coming out of the pandemic more value-conscious than ever, Kantar, the world’s leading marketing data and analytics company, reveals based on its latest data about the FMCG (Fast Moving Consumer Goods) industry. The Kantar report also outlines key trends that are shaping consumer behavior amidst rising tides of inflation. “Filipinos are becoming more critical of their brand choices, especially …

The economic team held back-to-back consultations with members of the Philippine Coast Guard (PCG) and Philippine Army (PA) recently to further discuss and refine the proposed Military and Uniformed Personnel (MUP) Pension Reform Bill. “When we started the roadshow, ibang-iba po ang proposals namin. Pero dahil nakikinig kami, nag-iba na po ang mga proposals. Yung mga makikita nyo po ngayon, …

The Bureau of Customs (BOC) said last week it has entered into a Memorandum of Understanding with the Department of Information and Communications Technology (DICT) which will ensure prioritization of digitalization. In a statement, BOC Commissioner Bienvenido Rubio raised the urgency of the execution of digitalization which will give way for the agency to provide a better service to the …

Legal luminary Atty. Nilo T. Divina recently launched his newest literary opus—the “Divina Bar Review Series” – in a short ceremony organized by publisher CentralBooks. The series is unlike any books previously authored by Atty. Divina. This time, he is sharing co-authorship with 54 other lawyers from his law firm, DivinaLaw. “This work is a culmination, not just of the …

DivinaLaw, a prominent law firm in the Philippines, has announced a strategic partnership with the Rotary Club of San Francisco Del Monte, aiming to enhance their commitment to community development and foster collaboration on various social enterprise initiatives of the local community. Under the recently signed Memorandum of Agreement, DivinaLaw and the Rotary Club of San Francisco Del Monte have …

As part of the inter-agency effort to curb all illegal offshore gaming activities within the Clark Freeport Zone in Pampanga, the Philippine Amusement and Gaming Corporation (PAGCOR) joined the newly created Clark Security Advisory Council.  During the press conference for the launching of the new Council on June 9, 2023,  PAGCOR Assistant Vice President for Offshore Gaming Licensing Atty. Jessa …

Transportation Secretary Jaime J. Bautista urged top officials of the European Union (EU)-Association of South East Asian Nations (ASEAN) Council and European Chamber of Commerce of the Philippines (ECCP) to invest in big-ticket infrastructure transport projects. Sec. Bautista highlighted the added value of projects being implemented by the Department of Transportation (DOTr) in partnership with international financial institutions, foreign governments …

“To be able to elevate the Philippine transport to global standards, we need an efficient mobility system that is eco-friendly, anchored on electric public transport.” This according to Department of Transportation (DOTr) Secretary Jaime J. Bautista who was guest at the Regional Meeting on Accelerating the Transition to Electric Mobility for Public Transport in Asia and the Pacific held on …