Day: September 1, 2025

Pasay city: President Ferdinand R. Marcos Jr. introduced a new loan initiative on Monday designed to boost tourism enterprises, which is anticipated to create jobs and enhance opportunities for small businesses throughout the Philippines. This initiative reaffirms the critical role of the tourism sector as a fundamental component of the nation’s economy. According to Philippines News Agency, the Turismo Asenso Loan Program was launched in Pasay City, symbolizing a collaborative effort by the Department of Tourism (DOT) and the Department of Trade and Industry (DTI) through the Small Business Corporation (SBCorp). The program offers low-interest loans to eligible micro, small,

Manila: Fuel prices will increase for the third consecutive week by up to PHP1 per liter on Sept. 2. In separate advisories on Monday, Seaoil, Jetti Petroleum, Petron, and PTT Philippines announced that prices of their gasoline products will increase by PHP0.70 per liter and diesel by PHP1 per liter effective 6 a.m, and Caltex by 6:01 a.m. Tuesday. Seaoil, Caltex, and Petron will also increase the price of kerosene by PHP0.70 per liter at the same time. According to Philippines News Agency, Jetti Petroleum stated, “The adjustments reflect the movement on prices of refined fuel products, freight, and market

Pasay city: Growth of the Philippines’ tourism sector received a significant boost from the Turismo Asenso Loan Program, which is aimed at enhancing the capacities of stakeholders to better serve travelers and showcase various offerings nationwide. According to Philippines News Agency, the program allows borrowers to access loans ranging from PHP10,000 to PHP10 million through the Small Business Corporation (SBCorp), the Department of Trade and Industry’s (DTI) lending arm. Borrowers will enjoy a grace period during which they are not required to pay the principal amount and interest within the first year after loan disbursement, and no collateral is necessary.

Manila: President Ferdinand R. Marcos Jr. on Monday administered the oath of office to Vince Dizon, the newly appointed secretary of the Department of Public Works and Highways (DPWH). Marcos directed Dizon to tackle corruption and eliminate ‘ghost projects’ in the agency, emphasizing the need for integrity in infrastructure development. According to Philippines News Agency, Marcos stated in a social media post, “His mission is to clean up corruption, end ghost projects and ensure every peso spent truly protects and serves our people.” He highlighted the vision of ‘Bagong Pilipinas’ as one that includes infrastructure that is safe, future-ready, and

Quezon city: The Quezon City government has expressed full support for the appointment of Secretary Vince Dizon as the new head of the Department of Public Works and Highways (DPWH). In a statement on Sunday evening, the city government expressed confidence in Dizon’s ability to deliver reforms, lauding his track record as public servant who brought ‘transformative results’ in his previous national roles. According to Philippines News Agency, the city government stated, “We are confident that under his stewardship, the DPWH will further embody transparency, accountability, and efficiency in the implementation of public infrastructure.” The statement highlighted the expectation that