Clik here to view.
Rice prices jump to new highs in 4th week of August
MANILA, Philippines – As poor Filipinos struggled to keep up with elevated prices of fish, meat, and vegetables, prices of rice accelerated further to new highs in August.According to the latest price...
View ArticleClik here to view.
House wants National Price Coordinating Council to submit report on inflation
MANILA, Philippines – The House of Representatives will ask the National Price Coordinating Council (NPCC) to submit a report on what it has done so far to address the soaring prices of goods.Majority...
View ArticleClik here to view.
Top 10 ‘Build, Build, Build’ contractors have records of fraud, delays – PCIJ
MANILA, Philippines – The top 10 firms that bagged a total of P68.5 billion worth of contracts for the govenrment's "Build, Build, Build" infrastructure program has a history of fraud, corruption, and...
View ArticleClik here to view.
Dennis Uy takes a slice of Conti's resto
MANILA, Philippines – Businessman Dennis Uy once again showed he is on a shopping spree for companies, as he closed a deal to acquire popular restaurant chain Conti's.Uy's Udenna Corporation announced...
View ArticleClik here to view.
Like Piñol, Villar urges Filipinos to plant vegetables to cope with inflation
MANILA, Philippines – "Magtanim na tayo sa sarili nating bakuran (Let us plant in our own backyard)."This was Senator Cynthia Villar's advice to consumers who are feeling the pinch of inflation.Villar,...
View ArticleClik here to view.
House OKs renewing CBCP broadcast franchise for 25 years
MANILA, Philippines – The House of Representatives approved a bill that would extend the franchise granted to the Catholics Bishop Conference of the Philippines (CBCP) for its broadcasting operations...
View ArticleClik here to view.
Pernia denies manipulating August 2018 inflation data
MANILA, Philippines – National Economic and Development Authority (NEDA) Secretary Ernesto Pernia dismissed speculations that the government manipulated the latest inflation rate and made it lower than...
View ArticleClik here to view.
NAIA opens 2 newly-built rapid exit taxiways
MANILA, Philippines – The Manila International Airport Authority (MIAA) opened two new rapid exit taxiways (RETs) at the main runway of the Ninoy Aquino International Airport (NAIA) on Monday,...
View ArticleClik here to view.
Businessmen say inflation 'manageable,' but gov't must act now
MANILA, Philippines – Several heads of major business groups appealed to the government to curb rising prices."No one is spared from the brunt of the rising costs. I feel sorry for our ordinary...
View ArticleClik here to view.
Duterte wants ancient barter trade to tame inflation
MANILA, Philippines – President Rodrigo Duterte admitted that prices of goods, particularly rice, remain high.His solution? Reviving an ancient form of economic activity: barter trade.In a one-on-one...
View ArticleClik here to view.
No 3rd telco player by November? 'I'll take over,' says Duterte
MANILA, Philippines – Frustrated with the delays in the government naming the country's 3rd telecommunications player, President Rodrigo Duterte said he himself will name the player if no decision is...
View ArticleClik here to view.
Trade deficit balloons by 171% in July 2018
MANILA, Philippines – The country's trade deficit widened by 171.7% to $3.55 billion in July 2018, said the Philippine Statistics Authority on Tuesday, September 11.The figure was a huge leap from the...
View ArticleClik here to view.
Implement 'Build, Build, Build' with political will like Boracay
MANILA, Philippines – A group of business executives called on the government Wednesday, September 12 to implement the centerpiece infrastructure program Build, Build, Build "with more political will"...
View ArticleClik here to view.
They outnumber tourists! Over 15,000 workers to be booted out of Boracay
MANILA, Philippines – The Department of Environment and Natural Resources (DENR) is looking for ways to persuade over 15,000 workers to move out of Boracay, as the agency deemed that their number...
View ArticleClik here to view.
Foreign chambers on Trabaho bill: 'Leave PEZA alone'
MANILA, Philippines – Heads of foreign chambers of commerce in the Philippines oppose changes in the operations of the Philippine Economic Zone Authority (PEZA), in the wake of the looming approval of...
View ArticleClik here to view.
PSA contradicts Pernia, blames technical glitch for late inflation data
MANILA, Philippines – The Philippine Statistics Authority (PSA) maintained that the delay in the release of inflation and consumer price index (CPI) data was due to a technical glitch.In a statement...
View ArticleClik here to view.
Philippine peso plummets to P54 vs $1
MANILA, Philippines – The Philippine peso weakened further against the dollar on Wednesday, September 12.The peso closed at P54.13 against the greenback, the weakest in almost 13 years.Analysts said...
View ArticleClik here to view.
Canceled flights due to Typhoon Ompong
Please refresh this page for updates.MANILA, Philippines – Several domestic flights scheduled on Friday, September 14, and Saturday, September 15, were canceled as Typhoon Ompong (Mangkhut) threatens...
View ArticleClik here to view.
NAIA Consortium gains original proponent status for P102-B airport rehab
MANILA, Philippines – The consortium made up of 7 of the country's top conglomerates has bagged the original proponent status (OPS) for the rehabilitation, development, operations, and maintenance of...
View ArticleClik here to view.
Typhoon Ompong: Free parking at SM, Ayala, Robinsons, Megaworld malls
Please refresh this page for updates.MANILA, Philippines – Several malls will waive overnight parking fees in case of heavy rain and floods from Typhoon Ompong (Mangkhut).Ompong is mainly threatening...
View Article