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DTI Awards First Batch of Export Certificates Under CREATE MORE Act

Makati City: The Department of Trade and Industry (DTI), through its Export Marketing Bureau, has awarded the first batch of Export-Oriented Enterprise (EOE) certificates to four companies that have met the 70-percent export sales threshold under the Republic Act 12066, also known as the Corporate Recovery and Tax Incentives for Enterprises to Maximize Opportunities for Reinvigorating the Economy (CREATE MORE) Act. This development marks a significant step in the government’s efforts to bolster export activities in the country. According to Philippines News Agency, the first recipients of the EOE certificates include Dole Philippines, Inc., Philsaga Mining Corp., Krystle Exports Phil.,

Recto Secures P15-B from France to Accelerate PH Climate Actions

Manila: Finance Secretary Ralph Recto secured 250 million euros (PHP15.79 billion) concessional funding from France, through the Agence Fran§aise De D©veloppement (AFD), to help advance the Philippines’ climate actions. The ceremonial exchange for the Climate Change Action Plan, Subprogram 2 (CCAP2) was formally executed between Recto and French Ambassador to Manila Marie Fontanel on Monday, the Department of Finance (DOF) said in a news release. According to Philippines News Agency, the agreement is consistent with President Ferdinand R. Marcos Jr.’s call for innovative strategies to address climate change. “[This] is a vote of confidence in the Filipino people and our

Temporary Terminal Set Up in Samar Amid Bridge Woes

Manila: The Regional Inter-Agency Coordinating Cell: Task Force San Juanico: The Task Force San Juanico has opened the Dampigan temporary passenger terminal in Sta. Rita, Samar, dedicated as a drop-off and pick-up point for Tacloban-bound passengers affected by the San Juanico Bridge access limit. According to Philippines News Agency, Office of Civil Defense (OCD) Eastern Visayas director Lord Byron Torrecarion stated that the terminal is among key interventions in the ongoing crisis arising from the limited load capacity of the vital bridge that links the islands of Leyte and Samar. Torrecarion mentioned that the terminal in Dampigan village, which opened

Davao Tops PH Cities in Startup Ecosystem Growth

Davao: This city has emerged as the Philippines’ 3rd Best Startup Ecosystem and the leading hub in the region, as ranked by StartupBlink’s 2025 Global Startup Ecosystem Report. Startups are defined as businesses that leverage innovative, technology-enabled solutions with significant potential for expansion or scalability. According to Philippines News Agency, Christian Cambaya, head of the Davao City Investment Promotion Center’s (DCIPC) investor assistance servicing unit, highlighted the city’s significant advancement from fourth to third place nationally. Davao City is the only city in the country to have improved its national ranking. The city logged a remarkable over 97 percent national

Russian Vlogger Vitaly Zdorovetskiy to Serve Jail Time in the Philippines

Manila: Russian vlogger Vitaly Zdorovetskiy will remain in the Philippines to serve his sentence for harassing and insulting Filipinos for content, as confirmed by Department of the Interior and Local Government (DILG) Secretary Jonvic Remulla. According to Philippines News Agency, Zdorovetskiy is set to face trial next week on three counts of unjust vexation, which could result in a jail term ranging from three months to one year. Secretary Remulla emphasized the commitment to enforcing the sentence, stating, “We will service his sentence. Sinigurado ko po ‘yun (I made sure of that).” Deportation has been ruled out as an option

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