Real estate consultancy firm Santos Knight Frank expects an additional 1.2 million square meters of leasable space in the office market this year.
Santos Knight Frank senior director for occupier services and commercial agency Morgan McGilvray said the vacancy rate in the office sector is …
Read MoreChief Presidential Legal Counsel Savaldor Panelo on Wednesday lauded President Rodrigo Duterte’s economic team after the Philippines became the only economy in Southeast Asia to avoid a contraction in foreign direct investments (FDI) last year.
Based on its 38th Global Investment Trends Monitor, the United …
Read MoreThe Philippines has pledged USD100,000 to the Covid-19 Vaccine Global Access (COVAX) Facility during the Asean Foreign Ministers’ Retreat, Foreign Affairs Secretary Teodoro Locsin Jr. said Thursday.
“I just pledged $100,000 to COVAX at Asean Foreign Ministers Retreat; I will make good on it. It …
Read MoreThe possibility of inflation averaging higher than monetary authorities’ projected 3.2 percent is less likely this year given the economic impact of the pandemic, a ranking Bangko Sentral ng Pilipinas (BSP) official said.
In a briefing streamed over the BSP’s Facebook page Thursday, BSP Deputy …
Read MoreIncome of animal farms owned by the Negros Occidental provincial government increased by 13.7 percent in 2020, figures from the Provincial Veterinary Office (PVO) showed.
Total earnings reached about PHP3 million in the past year compared to about PHP2.59 million in 2019.
Provincial veterinarian Renante …
Read MoreThe country is expected to regain its growth momentum by the second half of 2021 as challenging economic recovery remains on the horizon, the chief strategist of an equity brokerage house said on Tuesday.
In a webinar of the German-Philippine Chamber of Commerce and Industry …
Read MoreAfter a two-day slide, the local stock barometer recovered while the peso barely moved against the US dollar.
The Philippine Stock Exchange index (PSEi) rose by 0.42 percent, or 30.30 points, to 7,273.15 points.
All Shares increased by 0.37 percent or 16.01 points to 4,350.94 …
Read MoreThe crash site of an Indonesian Sriwijaya Air flight carrying 62 people that went down at sea Saturday has been found, along with human remains and belongings, according to a top official.
After getting a signal from a location believed to be the crash site, …
Read Moreep. Lito Atienza on Sunday called for “bold reforms in the economic provisions of the 1987 Constitution” to enable the country to swiftly attract large-scale foreign direct investments badly needed to rebuild Philippine industries shattered by the Covid-19 crisis.
“We have to overhaul the restrictive …
Read MoreSome 127 living Pangasinan veterans who fought during World War II are set to receive PHP10,000 financial assistance each from the provincial government.
Provincial Tourism and Cultural Affairs Office (PTCAO) chief Malu-Amor Elduayan said the assistance will be distributed personally at the veterans’ respective homes.…
Read MoreSome 127 living Pangasinan veterans who fought during World War II are set to receive PHP10,000 financial assistance each from the provincial government.
Provincial Tourism and Cultural Affairs Office (PTCAO) chief Malu-Amor Elduayan said the assistance will be distributed personally at the veterans’ respective homes.…
Read MoreOil prices were up on Thursday over a more-than-expected decline in US crude oil inventories and on clashes between supporters of US President Donald Trump and the police in the Capitol in Washington.
International benchmark Brent crude was trading at USD54.80 per barrel at 0706 …
Read MoreProfit-taking resulted in the negative close of the Philippine Stock Exchange index (PSEi) Tuesday while the peso continues to stay firm against the greenback.
The local stock barometer shed by 0.88 percent, or 63.32 points, to 7,134.18 points.
All Shares followed with a drop of …
Read MoreSan Miguel Corporation (SMC) has reached its target of 156 radio frequency identification (RFID) stations last December 29, as its expressways gear up for cashless toll collections next week.
“…We’re no longer seeing long lines at the stations. We will continue to serve and accommodate …
Read MoreThe Department of Labor and Employment (DOLE) regional office here has distributed around PHP318.5 million to workers in Central Luzon under the agency’s cash-for-work program.
DOLE regional director Ma. Zenaida Angara-Campita said on Tuesday that a total of 50,827 workers in the region were given …
Read MoreHigh liquidity situation resulted in the drop in Philippine government-issued 10-year Treasury bond (T-bond) Tuesday.
The average rate of the debt paper, with a remaining life of four years and eight months, slipped to 2.536 percent from 2.900 percent during the auction of the same …
Read MoreThe Pasig city government on Sunday launched a business one-stop shop (BOSS) in a bid to improve ease of doing business and simplify the process of business application and other transactions.
Mayor Vico Sotto led the ceremonial opening of the Pasig City BOSS at the …
Read MoreChina on Thursday announced it has approved the first vaccine for market use in the country.
The country’s Medical Products Administration officially granted “conditional marketing authorization” for the state-owned Sinopharm vaccine, CGTN News reported.
The Beijing-based pharmaceutical company on Wednesday announced that its two-dose inactivated …
Read MoreFour out of 10 Filipinos believe that the quality of their life will improve in the next 12 months, a Social Weather Stations (SWS) survey results showed.
Conducted on Nov. 21-25, the SWS survey found 44 percent of Filipinos said their quality of life will …
Read MoreThe National Irrigation Administration (NIA) has vowed to complete its PHP16.46-million watershed management program that includes a massive reforestation project for Pantabangan Dam in this province by April 2021.
Engineer Rosalinda Bote, department manager of the NIA-Upper Pampanga River Integrated Irrigation System (NIA-UPRIIS), said the …
Read MoreThe Department of Health reported a total number of 1,406 new cases of coronavirus disease 2019 (Covid-19) on Saturday as it urged the public to hold their family reunions online in celebrating the holiday season to avoid mass gathering.
DOH Covid-19 case bulletin issued at …
Read MoreThe Philippines has recorded its highest rice production level at 19.44 million metric tons (MT) this year, Agriculture Secretary William Dar said on Tuesday.
“I just got the report this morning and record volume rice production is amounting to 19.44 million metric tons. This has …
Read MorePresident Rodrigo Duterte scored Bayan Muna Rep. Carlos Zarate Monday night accusing the solon of using rebel taxation to pay for his son’s education in Europe.
Duterte said Zarate was fooling everyone when he claimed that his mother was paying for his son’s tuition in …
Read MoreA total of 16,839 police personnel have been penalized over administrative and criminal offenses from July 2016 to December 16, 2020, Malacañang said Tuesday.
Citing data from the Philippine National Police (PNP), Presidential Spokesperson Harry Roque said these cops have been involved in various illegal …
Read MorePLDT and its wireless subsidiary Smart have secured a record number of permits to build and upgrade cell sites in the second half of 2020 following the signing of the Anti-Red Tape Authority’s (ARTA) Joint Memorandum Circular (JMC) on streamlining permits for common towers.
In …
Read MoreThe city government is hoping to encourage more real property owners to pay their taxes by offering an early bird discount.
“Real property owners who pay their tax for 2021 on or before the last day of work this year can avail of the 20 …
Read MoreThe holiday season just got merrier for a lucky bettor from Bulacan who bagged the PHP166-million jackpot prize in Monday night’s draw of the Mega Lotto 6/45, the Philippine Charity Sweepstakes Office (PCSO) said on Tuesday.
In an advisory, PCSO general manager Royina Garma said …
Read MoreMore passengers are taking trains in Metro Manila as the Department of Transportation (DOTr) noted an increase in the daily average number of passengers in all four rail services in December compared to the previous months.
Data released Tuesday by the DOTr show that all …
Read MoreThree years after the five-month siege in Marawi City in 2017, the armored personnel carrier (APC) of the Armed Forces of the Philippines (AFP) was back running, not to carry soldiers in full-battle gear, but to carry six white-clad brides to marry soldiers who were …
Read MoreAn executive of Sun Life Asset Management Company Inc. (SLAMCI) on Thursday projected a 25 basis points reduction in the Bangko Sentral ng Pilipinas’ (BSP) key policy rates in the first quarter of 2021 if the expected economic recovery needs further push.
To date, the …
Read More– The Regional Board of Investments in the Bangsamoro Autonomous Region in Muslim Mindanao (RBOI-BARMM) has approved the registration of Community Wireless and Power Corporation (CWPC), a community internet service provider, to operate in the region.
In a statement on Thursday, the RBOI-BARMM said the …
Read MoreThe Philippine Stock Exchange index (PSEi) rose Thursday on hopes for new stimulus measures in the United States and the peso ended sideways against the US dollar.
The main equities gauge increased by 0.73 percent, or 51.77 points, to 7,154.43 points.
All Shares jumped by …
Read MoreThe Department of Labor and Employment (DOLE) on Tuesday held a nationwide payout of wages under its Tulong Panghanapbuhay sa Ating Disadvantaged/Displaced Workers (TUPAD) as part of the celebration of its 87th founding anniversary.
In Metro Manila, DOLE-National Capital Region (NCR) Regional Director Bambi Mirasol …
Read MoreThe Inter-Agency Task Force on Zero Hunger has concluded a series of consultations from Nov. 26 to Dec. 4 with stakeholders in government and the private sector on the National Food Policy (NFP) which aims to address the priority concerns of hunger and poverty.
Cabinet …
Read MoreMayor Michael Keon here has extended the lockdown of the Laoag City Public Market and Commercial Complex effective Dec. 5 until further notice.
In his Executive Order MMK-076, series of 2020, Keon said there is a need to extend the lockdown to complete the ongoing …
Read MoreThe Presidential Communications Operations Office (PCOO) held the first national broadcast of Laging Handa public briefing in the Mindanao Media Hub (MMH) here on Saturday, led by PCOO Secretary Martin Andanar with guests Senator Christopher Lawrence Go and Department of Budget and Management (DBM) Secretary …
Read MoreThe Dumaguete city government on Thursday started distributing a rice subsidy of 25 kilos per qualified household as promised by Mayor Felipe Antonio Remollo.
This the second round of rice subsidy to be given by the local government during the coronavirus disease 2019 (Covid-19) pandemic …
Read MoreHog-raisers from this province are seeking the Provincial Veterinary (ProVet) Office to intervene amid the low buying price pegged by traders on live animals.
Engineer Vicente Lagunday, Small and Medium Enterprise Development (SMED) Council chair in Antique province, himself a hog-raiser, said in an interview …
Read MoreSenator Sherwin Gatchalian called on colleagues to have the bill seeking to lift the validity period of prepaid load credits for phones and internet services tackled in the Senate.
“The harsh reality in this era of coronavirus pandemic is that we rely on information and …
Read MoreMANILA – The peso closed almost unchanged against the US dollar but at one of its strongest level in more than four years on Tuesday on positive news of a possible coronavirus vaccine, while the local stock barometer finished in the negative territory.
The local …
Read MorePresident Rodrigo Duterte has approved the 2020 Investment Priorities Plan (IPP) of the Board of Investments (BOI) which contains among others, all qualified activities relating to the fight against the coronavirus disease (Covid-19) pandemic and the “Balik Probinsya” program.
The IPP is the government’s blueprint …
Read MoreThe operational guidelines that would allow the Philippine Amusement and Gaming Corp. (Pagcor) to remit billions of pesos to the Department of Health (DOH) for the Universal Health Care (UHC) program are being finalized, Malacañang said Thursday.
In a Palace press briefing, Presidential Spokesperson Harry …
Read MoreAt least 26 cities and towns in Eastern Visayas have re-opened their tourism industry under the new normal as the country continues to reel from the coronavirus disease 2019 (Covid-19) crisis, the Department of Tourism (DOT) said on Tuesday.
In Eastern Samar, open to tourists …
Read MoreThe Police Regional Office in Caraga (PRO-13) has reported the confiscation of PHP300,000 worth of illegally-cut lumber in Surigao City.
PRO-13 public information officer Capt. Dorothy M. Tumulak on Thursday (Nov. 12) said the contrabands were confiscated Wednesday evening (Nov. 11) at the port area …
Read Moreagle Cement Corp. is set to finish its milling facility in San Ildefonso, Bulacan by the first quarter of 2021.
In a statement Tuesday, the firm said it earmarked PHP1.5 billion for its fifth cement milling unit to ramp up the production capacity to 8.6 …
Read MoreFilipinos are encouraged to invest in bonds and stocks to seize opportunities amid the coronavirus pandemic.
In a virtual press briefing Thursday, AP Securities vice president Jaycob Yedra said the best stock market returns are those invested during times of uncertainties.
“When everyone is fearful, …
Read MoreThe country’s inflation rate continued to settle within target in October 2020, although upside risks such as the adverse impact of inclement weather and the lingering presence of the African swine fever (ASF) remain, the National Economic and Development Authority (NEDA) said.
The Philippine Statistics …
Read MoreA business leader in Negros Occidental said signals are good for Western Visayas as the region is on its way to economic recovery following the coronavirus disease 2019 (Covid-19) crisis.
Frank Carbon, chief executive officer of Metro Bacolod Chamber of Commerce and Industry (MBCCI), on …
Read MoreMonetary officials have forecast inflation to dip to less than 2 percent in December 2020 and January 2021 but assured the public that this is not worrisome and will only be due to higher year-ago rates.
In a briefing streamed over the Bangko Sentral ng …
Read MoreSell-offs reigned at the local bourse on Thursday ahead of the November 3 US presidential polls, as well as concerns over the rising coronavirus disease 2019 (Covid-19) cases in the US and some parts of Europe.
The Philippine Stock Exchange index (PSEi) shed 2.01 percent, …
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