REUTERSNARRA Technology Park Development, Inc. said it is investing around $2.71 billion in a 300-megawatt (MW) hyperscale data center hub in Capas, Tarlac.On Tuesday, Narra signed a lease agreement with Tarlac province for a 47-hectare site, upon which the company plans to build a hyperscale
PERSISTENT VOLATILITY in the peso exchange rate is a bigger concern than the currency’s current spell of weakness, National Economic and Development Authority (NEDA) Secretary Arsenio M. Balisacan said on Monday.“The issue is really more on the stability of the peso,” Mr. Balisacan told reporters
BOSCH.COM.PHTHE Department of Trade and Industry (DTI) said Germany’s Robert Bosch GmbH will establish an “experiential learning laboratory” in the Philippines to help upskill and reskill workers, preparing them for advanced manufacturing jobs.In a statement on Tuesday, the DTI said that it signed a memorandum
BFCT BAGSAKAN FACEBOOK PAGETHE Department of Agriculture (DA) is looking to put up a food hub in Marikina City within the BFCT Bagsakan Center, which will be managed by Food Terminal, Inc. (FTI).In a statement, the DA said that negotiations are underway for either a
BW FILE PHOTOTHE Department of Agriculture needs to reveal its capacity to fund its rice self-sufficiency goals and support farmers as the government strives to bring down the price of the staple grain, the Federation of Free Farmers (FFF) said on Tuesday.At a Senate hearing,
THE Department of Budget and Management (DBM) said it released 88.7% of the 2024 national budget as of the end of May.In its latest Status of Allotment Releases report, the DBM said it had released P5.11 trillion out of the government’s P5.768-trillion spending plan for
DENR PHOTOTHE Philippine National Waste Workers Association (PNWWA) said industry workers need a magna carta, currently going through the legislative process in the form of Senate Bill No. 2636, to firm up their pay standards and benefits.“We are calling on all concerned to support our
US DEPARTMENT OF AGRICULTURE/CC BY 2.0/WIKIMEDIA COMMONSTHE Department of Agriculture (DA) said on Tuesday that it imposed a temporary ban on imports of poultry and its by products from the US state of Michigan.In Memorandum Order No. 24, it said that an outbreak of Highly
PHILIPPINE STAR/KJ ROSALESBy Kyle Aristophere T. Atienza, ReporterPHILIPPINE President Ferdinand R. Marcos, Jr. asked the armed forces to prepare as his country faces growing risks from tensions in the Indo-Pacific region including China’s aggression in the Taiwan Strait.The Philippines’ proximity to Taiwan puts it in
BW FILE PHOTOBy Kenneth Christiane L. Basilio andJohn Victor D. Ordoñez, ReporterMEMBERS of the Makabayan bloc in the House of Representatives filed on Tuesday a bill seeking to ban Philippine Offshore Gaming Operators (POGO) in the country even as Senator Mary Grace N. Poe-Llamanzares called
THE PHILIPPINES should be among the first countries to help rebuild Ukraine by sending Filipino engineers, construction workers, doctors, and teachers once its war with Russia comes to an end, a congressman said on Tuesday.“Ukraine can be a strong ally of the Philippines when we
BW FILE PHOTOBy Aaron Michael C. Sy,ReporterLAND BANK of the Philippines (LANDBANK) has extended a P10-billion rediscounting line to the Philippine Army Finance Center Producers Integrated Cooperative (PAFCPIC) and its members serving in the Armed Forces of the Philippines (AFP).This was an expansion from the