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THE Philippine Amusement and Gaming Corporation (PAGCOR) heeded the call to help the families and individuals who are gravely affected by the massive oil spill in the waters of Oriental Mindoro by joining a relief-giving mission on March 28, 2023. The state-run gaming agency distributed 6,000 food and non-food packs to 3,000 recipients in the town of Pola. Most locals …

As the local gaming industry continues to gain momentum, the Philippine Amusement and Gaming Corporation (PAGCOR) is optimistic that performance growth remains on the horizon as the agency aims for P244.84 billion industry gross gaming revenues (GGR) for 2023. In the 2023 Performance Scorecard submitted by PAGCOR to the Governance Commission for GOCCs (GCG), the forecasted GGR for this year …

The most anticipated final pitstop of Robinsons  Appliances’ 2023 Race to a Minute is officially set at the first upscale mall in San Pedro City,  Laguna, the Galleria South, this Saturday, March 25. After its successful run in Robinsons  Valencia in Bukidnon (Mindanao) last March 5, Robinson Galleria Cebu (Visayas) last March  11, and Robinsons Tuguegarao (Luzon) last March 18, …

Local food producers are proposing innovative ways to improve the overall system of transporting produce from the farm to the consumer to reduce the retail prices of agricultural goods.  Speaking at the Philippine Chamber of Agriculture and Food, Inc. (PCAFI) press briefing Wednesday, Air21 founding chair Alberto Lina said it is possible to substantially reduce the prices of food if …

The Australian government, through the Partnerships for Infrastructure (P4I) program, will help the Philippines to attract investments in key infrastructure projects.  At the launching of the P4I in Pasay City recently, Australian Ambassador to the Philippines Hae Kyong Yu PSM said the P4I will provide infrastructure advisory support to the Philippine government especially in choosing what type of financing strategy …

Ilagan, Isabela – From being one of the poorest municipalities in Isabela over a decade ago, this first-class City now boasts of a vibrant and fast-growing economy driven by major infrastructure projects financed by the Land Bank of the Philippines (Landbank).  Under the leadership of City Mayor Josemarie Diaz, the local government unit (LGU) of Ilagan and Landbank maintain a …

With the peso now stabilizing against the United States dollar, Bangko Sentral ng Pilipinas (BSP) Governor Felipe Medalla said recently they can now focus on further addressing the elevated inflation rate, which is expected to return to within-target levels by October 2023.  In his speech during the Chamber of Thrift Banks (CTB) general membership meeting in Makati, Medalla said monetary authorities …

The Green Climate Fund (GCF) Board approved recently the Adapting Philippine Agriculture to Climate Change (APA) Project during its 35th Board Meeting in Incheon, South Korea. The total project cost amounts to USD 39.2 million, financed by the GCF through a grant of USD 26.3 million and Philippine government co-financing of USD 12.9 million.  The Department of Finance (DOF) serves …

By Robert Andaya The Philippine Sports Commission (PSC) joined the nationwide celebration for “Women’s Month” this March by paying tribute to outstanding female achievers in the wonderful world of sports.  Fittingly, one of those honored by the PSC was Elma Muros-Posadas, who earned the moniker “Iron Woman” for being the country’s undisputed long jump queen for nearly 40 years now  …

East Zone concessionaire Manila Water has recorded a significant increase in its new water connections since the pandemic, as it expands its total water service connections to 1,150,297 from August 1997 to December 2022. In 2022 alone, Manila Water has installed 33,909 new water service connections which is 56% higher than the 21,680 new water service connections in 2021. With …