Friday , 21 August 2026

Top News

Manila 19th most dynamic among 134 global cities

Manila is ranked the 19th most dynamic among 134 major cities of the world assessed in the latest study by professional services and investment management firm Jones Lang LaSalle (JLL). 

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ADB, PCCI back quick passage of tax reforms

More institutions have signified their support for the immediate enactment of the Duterte administration’s tax-reform package, which is pending in Congress, to maintain the economy’s growth momentum. 

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Mining crackdown: Trade, civic groups in disarray

By Riza Lozada  Trade groups and civic organizations are clashing head-on over the order of the Department of Environment and Natural Resources (DENR) to cancel nearly one quarter of the nation’s mining operations.

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Philippines leapfrogs 12 rungs in ‘economic freedom’

Despite the human-rights issues repeatedly raised against President Duterte, the Philippines has advanced 12 notches in the 2017 Index of Economic Freedom of the conservative US think tank Heritage Foundation.

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PCSO won’t stop STL despite Alvarez gripe

State gaming operator Philippine Charity Sweepstakes Office (PCSO) said it will not stop its Small Town Lottery (STL) operations despite the allegation of Speaker Pantaleon Alvarez that it is illegal, stressing that only an order from President Duterte will halt the popular numbers game. 

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Malampaya maintenance went smoothly, says DOE

By Riza Lozada  Maintenance work on the Malampaya natural gas facility was completed without a hitch, Energy Secretary Alfonso Cusi said. 

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PAL to resume flights to Kuala Lumpur starting June 8

Flag carrier Philippine Airlines (PAL) will resume flights between Kuala Lumpur and Manila beginning June 8. 

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Philippines, Mexico seeks to revive galleon-trade era strong ties

Top oficials of the Philippines and Mexico have agreed to explore free trade and currency agreements to further strengthen bilateral ties and facilitate economic transactions between the two countries. 

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Peso closes at 50 per $1, weakest since Nov. 2006

The peso closed last week at 50 per $1, its weakest level since November 2006 due to the lower-than-expected initial jobless claims in the US along with sustained rise of US Treasury rates. 

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Philhealth develops app for faster service

The need for instant access to information using smartphones and other mobile devices spurred state-owned health maintenance agency Philippine Health Insurance Corp. (PhilHealth) to create its own application called PhilHealth ACR (All Case Rates) Search mobile application. 

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