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National Economic and Development Authority (Neda) undersecretary Rosemarie Edillon expressed confidence that the improving performance of the country’s labor force and manufacturing sector will spur forward the country’s economy in the second quarter of 2018.

The Philippines stands to benefit from China’s new world order, as the Asia’s economic giant is bullish in opening its market in response to external headwinds due to trade protectionism.

The International Finance Corp. (IFC), a sister organization of the World Bank, was asked by the government to help set up a digital banking system for the Overseas Filipino Bank (OFB) to keep it abreast of the rapid advances in technology and clear the way for its partial privatization in the future, Finance Secretary Carlos Dominguez said.

By Ben Cal MANILA – Defense Secretary Delfin N. Lorenzana has sworn in former Sandiganbayan Justice Manuel R. Pamaran as the president of the Veterans Federation of the Philippines (VFP).

The Philippine Economic Zone Authority (Peza) is encouraging local government units (LGUs), private landowners and business groups to have their lands converted into an economic zone to enhance their development potential.

The Philippines would be able to achieve broadband Internet speed of at least 50 megabits per second (Mbps) for the next three years if the government can come up with policies that expedite the installation of cell sites across the country according to major telco firm Globe Telecom.

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.”