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After three years, Terminal 2 of the Mactan-Cebu International Airport (MCIA), billed as a “resort airport,” was inaugurated by GMR-Megawide Cebu Airport Corp. (GMCAC) with President Rodrigo Duterte as guest.

Stallion Laguna was the second club to announce its PFL mid-season transfer window signings by baring that it acquired the services of Pao Bugas and OJ and Gino Clarino.

Republic Act 7832 (Anti-Electricity and Electric Transmission Lines/Materials Pilferage Act of 1994) recognized that not all systems loss ought to be borne by the power distributors. It is for this reason that RA 7832 made it state policy to impose a cap or ceiling on how much systems losses can be recovered from consumers.

Moody’s Investors Service says that tax reforms in developing Asia Pacific economies will help address the narrowness of revenue bases in some countries, but that many governments still face structural barriers to broadening these bases.”

A spike in rice prices because of alleged lack of supply, a weak peso, rising oil prices abroad, better tax compliance of local cigarettes, and growing consumer demand accounted for the bulk of the 4.5 percent inflation in April.”

Subnational regions should be at the forefront of Philippine development as the government implements its massive infrastructure program throughout the country in line with the National Spatial Strategy, the National Economic and Development Authority (Neda) said.

Finance Secretary Carlos Dominguez III has sought South Korea’s funding support and expertise in implementing the Philippines’ big-ticket infrastructure and information technology (IT) projects in line with the Duterte administration’s goal of modernizing the country’s logistics backbone and preparing the economy for the impact of rapid technological innovations.

Department of Trade and Industry (DTI) Secretary Ramon M. Lopez met with Deputy United States Trade Representative (USTR) Jeffrey D. Gerrish and his delegation to further trade and investment ties and continue with the exploratory discussions for a possible free trade agreement (FTA) between the Philippines (PH) and the United States (US).

The Philippines is well poised to meet its target of reducing poverty incidence by 2022, with the Asian Development Bank (ADB) providing the necessary support to initiatives that aim to address inequalities across the country, such as the government’s massive infrastructure buildup and its social protection programs, according to a key official of the institution.

The state-run Social Security System (SSS) is seeking the issuance of an Executive Order (EO) or the enactment of the proposed amendment of Republic Act 8282 or Social Security Law of 1997 to fulfill the promise of Pres. Rodrigo Duterte to give additional benefit to SSS pensioners.SSS President and Chief Executive Officer Emmanuel Dooc issued the statement amidst clamor from …