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ERC approves Visayas-Mindanao grid interconnection deal
MANILA, Philippines – Energy-resource sharing between the Philippines' major islands will soon be realized after the approval of the P52-billion grid interconnection project of the National Grid...
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World-famous island in Bohol gets 24-hour electricity supply
BOHOL, Philippines – Balicasag, an island in Bohol province globally known for diving and snorkeling due to its rich marine life, is now fully energized. The National Power Corporation's Small Power...
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Inflation rises to 3.1% in August
MANILA, Philippines – Inflation, the movement of prices of basic goods and services, continued its upward trend as it rose to 3.1% in August from 2.8% in July.The National Economic and Development...
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Mindanao construction boom to pull migrants back from Manila
DAVAO CITY, Philippines – The boom in Mindanao’s construction sector is seen to potentially “pull” migrants in the congested Philippine capital to return home, industry leaders said Tuesday, September...
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Australia economy strengthens after weak start to year
SYDNEY, Australia – Australia's economy has shrugged off a sluggish start to the year, boosted by government and consumer spending with the nation extending its record run of growth, official data...
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LIVE: ASEAN Business Awards 2017
Bookmark this page to watch the livestream at 6PMMANILA, Philippines – The ASEAN Business Advisory Council (ASEAN-BAC) holds its annual ASEAN Business Awards (ABA) and Gala Night on September 6, 6PM at...
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$7-B Metro Manila subway to be extended to NAIA
MANILA, Philippines – The government's proposal to build the country's first subway has finally landed on President Rodrigo Duterte's desk for final approval, but with two modifications: an extension...
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Number two at U.S Federal Reserve to step down
NEW YORK CITY, USA – Federal Reserve Vice Chair Stanley Fischer announced Wednesday, September 6, he will retire next month, creating the potential for President Donald Trump to fill five key positions...
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PPP Center rebuilds pipeline with new focus: LGUs
MANILA, Philippines – From an array of over 40 infrastructure projects when the Aquino administration ended, private investors can now only choose from 21 deals to participate in, as the Duterte...
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San Miguel to build industrial estate in Cebu
MANILA, Philippines – San Miguel Corporation (SMC) plans to build an industrial estate in Mandaue City in Cebu, an important move to support the conglomerate's expansion in key regions nationwide.SMC...
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DOJ clears Philrem officials in Bangladesh Bank heist
MANILA, Philippines – A panel from the Department of Justice (DOJ) overturned an earlier resolution and dismissed a money laundering complaint against officials of money transfer firm Philrem Service...
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Cebu Landmasters invests more in Cagayan de Oro
MANILA, Philippines – Property developer Cebu Landmasters Incorporated has acquired a 7.2-hectare property in Cagayan de Oro City for P133.4 million as part of its strategy to expand its presence in...
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Consumer confidence declines in PH during Q3 2017
MANILA, Philippines – Confidence among Filipino consumers declined in the 3rd quarter of the year, as conflict in Marawi City continues, rainy season starts, and bird flu scare happens.But the central...
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ASEAN to sign Hong Kong free trade deal in November
MANILA, Philippines – The Association of Southeast Asian Nations (ASEAN) is to sign a free-trade agreement with Hong Kong in November, a Philippine government official said Saturday, September 9,...
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AirAsia announces seat sale, 2 new routes
MANILA, Philippines – Regional budget airline AirAsia announced a seat sale for up to 5 million seats, as well as two new routes.The Red Hot seat sale will run this coming week, from September 11 to...
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Government infrastructure spending up 25% to P48.4B in July
MANILA, Philippines – Following a jump in recent months, the government's spending on infrastructure accelerated further in July.Public spending on infrastructure was up 25% to P48.4 billion, P9.7...
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The simple life of David M. Consunji
MANILA, Philippines – For David M. Consunji, it was always going to be about someone else. Never mind the lands sought, never mind the cities built. Never mind the signs that read his name or the...
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Buses, jeepneys in the Philippines to be modernized by 2020
PAMPANGA, Philippines – By 2020, all buses, jeepneys, and public utility vans across the country will be modernized, organized, and put under an automated fare collection system, the transportation...
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Eagle Cement expands deal with construction giant EEI
MANILA, Philippines – Eagle Cement Corporation and Yuchengco-led construction firm EEI Corporation agreed to expand their cement supply partnership agreement in anticipation of increased construction...
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PHINMA Energy to file case against PSALM
MANILA, Philippines – PHINMA Energy Corporation announced it will file a case against government firm Power Sector Assets and Liabilities Management (PSALM) Corporation in order to stop the latter from...
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