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The Department of Finance (DOF) has uncovered a P50 million “white elephant” left behind by the past administration that calls for a state-of-the-art “Disaster Recovery” (DR) Site to back up the operations of the Bureau of Treasury (BTr) in Manila from a city in the Visayas, where major telecommunications providers have not yet installed high-speed broadband connectivity networks to support …

A new study of the International Trademark Association (INTA) showed industries which intensively use trademarks contribute significantly to five major economies in the Association of Southeast Asian Nations (Asean) members. 

By Riza Lozada  Energy projects are starting to boom in anticipation of higher electricity demand as the economy pursues a steady growth. 

Singapore will provide assistance to the government in implementing solutions that will ease the traffic congestion in Metro Manila through the use of modern technology. 

By Gia Catimbang  The Federal Republic of Germany wants a stronger partnership with the Philippines to benefit the Filipinos through increased trade, technology transfer and more investments.

The World Bank Group vowed to scale up support for peace-building and development in Mindanao as part of the midterm adjustment of its country partnership strategy. 

The Bangko Sentral ng Pilipinas (BSP) will issue commemorative circulation coins in celebration of the 100th birth anniversary of educator and historian Reverend Horacio dela Costa, and the 150th birth anniversaries of two Philippine Revolutionary Army officers, Generals Artemio Ricarte and Isidro Torres.

By Riza Lozada  The Marawi City crisis and martial law in Mindanao were among the factors cited for a dip in business sentiment for the third quarter, according to the periodic Business Expectation Survey of the Bangko Sentral ng Pilipinas (BSP).

The government expects to collect soon a P25-billion compromise deal with domestic cigarette maker Mighty Corp. over unpaid taxes as a result of Japan Tobacco International’s (JTI) acquisition of the local firm in a P50 billion deal. JTI, which is partly owned by the Japanese government, has sealed the deal to acquire cigarette manufacturer Mighty Corp. for P45 billion, of …

The weak peso helped local products to regain their price competitiveness in the world market, consistent with the government’s investment and export-led growth strategy, Bangko Sentral ng Pilipinas (BSP) Governor Nestor A. Espenilla Jr. said.