A RESURGENCE of COVID-19 (coronavirus disease 2019) cases will pose risks to any construction-led economic revival because of the prospect of fund diversions away from the infrastructure program, Fitch Solutions Country Risk & Industry Research said. Fitch Solutions raised its growth forecast for the construction industry
CASH UTILIZATION by government agencies fell to 95% in 2020 from 97% a year earlier, according to the Department of Budget and Management (DBM). Utilization fell after government projects were disrupted by the pandemic, with the so-called “catch-up plan” implemented towards the end of the year
PRESIDENT Rodrigo R. Duterte approved the request of the Department of Finance (DoF) to negotiate with the US government the terms of a grant worth $809,450 (P39 million) that will support the modernization program of the Bureau of Internal Revenue (BIR). In a statement Wednesday, the
It’s a question that you’ve probably had to ask yourself many times since the start of the coronavirus pandemic. But you may not have thought about how much you rely on the everyday technologies that we all take for granted to keep your business running, and
By Michael Angelo S. Murillo, Senior Reporter THE disciplinary panel of world basketball governing body International Basketball Federation (FIBA) moved to fine countries which failed to participate in the second window of the Asia Cup Qualifiers (ACQ) last November. In a decision released on Tuesday night, FIBA
THE reigning Brave Combat Federation (CF) Fighter of the Year will stay in the promotion after Rolando “Dy Incredible” Dy of the Philippines signed a new deal with the Bahrain-based group. Coming off a strong showing in 2020, despite the challenges presented by the coronavirus pandemic,
WHILE qualifying for the rescheduled Olympic Games is foremost for the national karate team as it begins its training “bubble,” it also has its sights on the Southeast Asian (SEA) Games later this year. Speaking at Tuesday’s online Philippine Sportswriters Association Forum, Karate Pilipinas Sports Federation,
BARCELONA — Barcelona captain Lionel Messi has escaped a lengthy ban for lashing out at Athletic Bilbao’s Asier Villalibre in Sunday’s Spanish Super Cup final defeat and will only serve a two-game suspension. The Spanish soccer federation (RFEF) said on Tuesday, Messi had been banned for
DONOVAN Mitchell scored 28 points and the Utah Jazz blew open a close game in the third quarter to cruise to their sixth win in a row, 118-102 over the New Orleans Pelicans on Tuesday in Salt Lake City. Mitchell was one of six Jazz players
LEICESTER, England — Leicester City beat Chelsea 2-0 on Tuesday to go top of the Premier League, for 24 hours at least, thanks to goals from Wilfred Ndidi and James Maddison. Leicester have 38 points from 19 games but Manchester United, on 37 points, can return
FIFTEEN-time major champion Tiger Woods is going to miss time after he underwent the fifth back surgery of his career. Mr. Woods announced the surgery via a statement on Twitter on Tuesday. “Tiger has recently undergone a microdiscectomy procedure to remove a pressurized disc fragment that was
MELBOURNE — Australian Open boss Craig Tiley said most players supported being locked down in hard quarantine with the local government reporting three new cases of COVID-19 linked to participants of the Grand Slam on Tuesday. Victoria health officials said two previous cases have been classified