Oil firms to cut prices anew

Oil companies announced price rollback on their products this week.

Gasoline prices will go down by as much as PHP1.20 per liter, while diesel prices will be PHP0.75 cheaper per liter.

Seaoil and Shell will cut kerosene prices by PHP1.05 per liter.

Most of the …

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520 M aid released to Caraga farmers

The Department of Agriculture (DA) handed over on Thursday a total of PHP26.5 million worth of various farm machinery and equipment to eligible farmers' associations in the Caraga Region.

The distributed farm implements were part of the range of assistance mandated under Republic Act 11203 …

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WWE legend Rikishi to visit PH

World Wrestling Entertainment (WWE) legend Junior Fatu will be coming to the Philippines on March 15 to conduct clinics to local wrestlers.

Fatu, better known by his ring name Rikishi, will be joined by fellow professional wrestling legends Reno Anoa'i and James Rikiel.

The wrestling …

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Bizman says PH food industry abuzz

Some business players in the Philippines have had a push and pull experience with luck as the Department of Finance implements the tax reform.

But the food and beverage (F and B) industry in the country proves unshaken with its business expansion foresight.

In an …

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CITIRA to keep PH highly competitive in Asean

The Department of Finance (DOF) said the proposed incentives regime under Senate Bill (SB) No. 1357, or the Corporate Income Tax and Incentives Reform Act (CITIRA), once approved by the Congress, will keep the Philippines highly competitive compared with other countries in the Association of …

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Duterte’s stance on VFA termination ‘unchanged’

President Rodrigo Duterte would not be swayed by anyone to overturn his decision to revoke the Visiting Forces Agreement (VFA) between the Philippines and the United States, MalacaAang said on Wednesday.

Presidential Spokesperson Salvador Panelo told Palace reporters that Duterte's position remains unchanged, despite supposed …

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PRRD joins effort to boost PH tourism

Tourism Secretary Bernadette Romulo Puyat confirmed on Wednesday that President Rodrigo Duterte is visiting Boracay on March 12 to join efforts in lifting the public's mood to travel around the Philippines.

Aside from promotions, the Chief Executive will also inspect what has been done on …

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Iloilo town fish port rehab starts soon

The rehabilitation of the fish port in Concepcion town, Iloilo will be implemented in the second quarter this year, the local chief executive said on Tuesday.

The Korea International Cooperation Agency (KOICA) has provided USD3 million through grant in aid for the port rehabilitation under …

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SC has final say on VFA abrogation

MalacaAang on Tuesday maintained that the fate of the scrapped Visiting Forces Agreement (VFA) between the Philippines and the United States lies in the hands of the Supreme Court (SC).

Presidential Spokesperson Salvador Panelo said the SC has the final say on President Rodrigo Duterte's …

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UnionBank eyes Feb. inflation at 2.8%

Economists of Union Bank of the Philippines (UnionBank) are considering the slowdown of February inflation rate to 2.8 percent due to lower food pressures and the impact of the coronavirus disease (Covid 19) on people's spending.

This forecast is lower than the 2.9 percent inflation …

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Go backs Avisado’s confirmation as DBM chief

Senator Christopher Lawrence "Bong" Go expressed his support for the confirmation of Secretary Wendel E. Avisado as chief of the Department of Budget and Management (DBM) during a Commission on Appointments (CA) confirmation hearing on Wednesday.

Citing his and President Rodrigo Duterte's long history working …

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P4 B investment awaits Bataan town

More than PHP4 billion of investment is ready to flow into this historic town under an expansion program of the Freeport Area of Bataan (FAB).

Mayor Carlos Pizarro Jr. on Tuesday said clearing has started in the three seaside villages here where the project, tentatively …

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