PIXABAYBy Weihan SunTHE Philippine peso recently closed at P58 to $1, marking its worst close since November 2022. Headline inflation also increased to 3.9% in May, with housing, utility, and transport mainly contributing to the hike.Despite these recent developments, I believe that there are still
JEROEN BOSCH-UNSPLASHTHERE is no such thing as an unmitigated disaster or even bad news to a communications person who has mastered the art of spinning. This narrative skill tries to put a positive slant on even the worst news. It can even take credit for
THE Bases Conversion and Development Authority (BCDA) said that it is planning a new auction of the New Clark City (NCC) water concession, after the previous awardee backed out.BCDA Chairman Delfin N. Lorenzana told reporters on Tuesday that the previous NCC water concessionaire withdrew due
JICATHE Department of Transportation (DoTr) expects to complete the 30-year railway master plan by year’s end.“We should be able to have it before the end of the year. JICA (Japan International Cooperation Agency) is doing it,” Transportation Secretary Jaime J. Bautista said on the sidelines
PHILIPPINE STAR/BOY SANTOSTHE GOVERNMENT is on track to release incentives for public sector employees this year even with the ongoing review of its performance evaluation system, the Department of Budget and Management (DBM) said on Wednesday.The DBM said the review was triggered by Executive Order
THE Philippine Hotel Owners Association (PHOA) said it is expecting its members to expand by about 15,000 rooms over the next five years.“We have about 217 hotels all over the country, and our estimated room inventory is about 40,000 rooms. In the next five years,
REUTERSTHE Department of Agriculture (DA) said eight countries are seeking approval to export meat to the Philippines.In a special order, the DA said that it will send inspectors to accredit meat production facilities in the eight countries — Uruguay, India, Argentina, Russia, Denmark, Spain, Sweden, and
REUTERSTHE PHILIPPINES dropped nine places in the 2024 Global Gender Gap Index of the World Economic Forum (WEF) to 25th out of 146 countries, though it remained the highest-placed Southeast Asian country.It was third in East Asia and the Pacific region, behind New Zealand (4th)
NLEX.COM.PHTHE Social Security System (SSS) is open to buying government assets, expressing a preference for those presenting cash flow opportunities.“If it is a government property and I see the potential, I will help the Department of Finance (DoF). I just don’t know (how much we
SINISIANPORTANDINDUSTRIALPARK.COMA PORT and industrial complex in Lemery, Batangas plans to house a cement silo and an oil storage facility, its developer said.The project components include the Sinisian Lemery Batangas Port and Industrial Park, the Lemery Cement Silo Tank, and the Lemery Oil Terminal.Ferdinand Co, president
Lately, Revenue Memorandum Circular (RMC) No. 5-2024 has become a hot topic of discussion. Just last quarter, two articles were released discussing the implications of this circular and how it will impact transactions moving forward. You might be tired of hearing about this, but here
FREEPIKINTERNATIONAL Master (IM) Daniel Quizon was in a five-way tie for the lead with two rounds to go at the World Juniors Chess Championships in Gujarat, India, keeping him on track for elevation to Grandmaster.Mr. Quizon, whose bid to join the India 20-and-under tourney was