Through an expanded partnership with world-renowned fuel and oil treatment brand STP, Seaoil Philippines has announced the release of its lubricants supercharged with STP additives.
With rising costs of fuel and maintenance, this partnership brings longer engine life and fewer costs for repairs.
The entire …
Read MoreThe Department of Public Works and Highways (DPWH) is preparing some crucial plans and targets for the next two to five years to develop a new road network in Eastern Visayas region.
Department of Public Works and Highways (DPWH) Acting Secretary Roger G. Mercado said …
Read MoreWith fears fading that the Omicron variant will disrupt the global economic recovery, equity markets followed a buying-heavy course.
While Asian markets started the midweek in positive territory, US’ S&P and Nasdaq indices registered their strongest daily rises in nine months.
Technology stocks led the …
Read MoreFinance Secretary Carlos Dominguez III has informed the Monetary Board (MB) that the national government (NG) will repay the full amount of its outstanding PHP540-billion provisional advances to the Bangko Sentral ng Pilipinas (BSP) this week, ahead of the January 12, 2022 maturity date, aside …
Read MoreThe Department of Public Works and Highways (DPWH)-Aurora District Engineering Office has completed the construction of roads leading to tourist destinations in Aurora province.
The new roads are among the convergence projects between the Department of Tourism and DPWH.
Aurora District Engineering Office chief Roderick …
Read MoreThe Bureau of Investments (BOI) will be assisting Iloilo City to attract investors to boost its economic recovery amid the threat of the virus.
The BOI’s assistance to the city was formalized after the signing of the Memorandum of Agreement (MOA) held here on Monday.…
Read MoreThe City of San Carlos in Negros Occidental has granted payment incentives to vendors at its main public market who are fully vaccinated against the coronavirus disease 2019 (Covid-19).
In Executive Order (EO) 248, series of 2021 posted on Facebook on Tuesday, Mayor Renato Gustilo …
Read MoreThe World Bank has upgraded its economic outlook for the Philippines this year to 5.3 percent, higher than its projection in September at 4.3 percent.
The World Bank revised its growth upward after observing that the economy grew in the first three quarters of 2021 …
Read MoreThe Department of Trade and Industry (DTI) Antique provincial office is holding weekly monitoring of Noche Buena products to make sure there will be enough supply this Christmas season.
DTI Antique Trade and Industry Development Specialist Glen Fernando said in an interview Tuesday that more …
Read MoreThe provincial government of Cebu said on Tuesday it has awarded at least PHP1.7 million to the top three winners of its Sugbo Negosyo program that was implemented at the height of the pandemic to help struggling small entrepreneurs with their financing needs.
Renan Alquizola …
Read MoreFulfilling the mandate of President Rodrigo Duterte to uplift the lives of farmers, the Department of Agriculture’s Bureau of Soils and Water Management (DA-BSWM) launched on Tuesday the Atlas of Soil-based Agricultural Guide Maps for Corn.
The atlas is a product of the collective efforts …
Read MorePresident Rodrigo Duterte has signed an executive order (EO) adjusting the dividend rate of the Philippine Guarantee Corporation (PHILGUARANTEE).
EO No. 153, signed by Duterte on Monday, adjusts the dividend rate of PHILGUARANTEE to zero percent of its annual net earnings from 50 percent following …
Read MoreThe House of Representatives on Tuesday ratified the bicameral conference committee report on the amendments to the Foreign Investment Act to make the Philippines more accessible to foreign investors.
During the plenary session, the chamber approved the final version that reconciles the disagreeing provisions of …
Read MoreThe Department of Agriculture (DA) has completed the distribution of 60 carabaos to target farmer-recipients in the upland municipality of San Remigio in Antique, under its Special Area for Agricultural Development (SAAD) program.
SAAD Antique Assistant Provincial Coordinator Jovie Brasileño said in an interview Tuesday …
Read MoreIt was the turn of Agusan del Sur farmers to benefit from the Rice Competitiveness Enhancement Fund-Rice Farmers Financial Assistance (RCEF-RFFA) Program.
On Tuesday, Department of Agriculture (DA) Secretary William Dar kicked off the distribution of PHP5,000 unconditional cash grant to 1,844 rice farmers in …
Read MoreThe country’s unemployment rate fell to 7.4 percent in October from 8.9 percent in September as restrictions eased in most areas across the country, the Philippine Statistics Authority (PSA) reported Tuesday.
The unemployment rate for October is the third-lowest for this year, only behind July …
Read MoreMayor Sara Z. Duterte is not keen on imposing a “no vaccination, no entry” policy in the city, saying this would severely affect the local economy.
Duterte, however, said business establishments may impose such guidelines because they have a legal basis.
“Here in Davao City, …
Read MoreState-owned Development Bank of the Philippines (DBP) has granted a new PHP311.8-million term loan to the local government unit (LGU) of Tuguegarao City to bankroll public infrastructure and agriculture productivity enhancement projects in the area, a top official said.
DBP president and chief executive officer …
Read MoreSome PHP13.5 million worth of properties went up in smoke when a wooden-hulled vessel caught fire early Tuesday off Lampinigan Island, Isabela City, the capital of Basilan province.
In its report, the Coast Guard Sub-Station (CGSS) – Isabela City, the blaze broke out around 2:20 …
Read MoreSome 30,000 local and overseas job opportunities are available in the hybrid job fair of the Department of Labor and Employment (DOLE).
DOLE Assistant Secretary Dominique Tutay said more than 200 employers are participating in the nationwide job fair that from December 6 to 13.…
Read MoreA town hall made of eco-bricks or trash-filled bottles called “Eco-Bahay” will soon rise for the Ati indigenous people (IP) community in Barangay Pili, Calinog, Iloilo.
A ground-breaking activity was held on Monday led by Iloilo Governor Arthur Defensor Jr and Calinog Mayor Francisco Calvo, …
Read MoreThe rate of increase in consumer prices dropped for three consecutive months in November, the Philippine Statistics Authority (PSA) reported Tuesday.
Inflation rate settled at 4.2 percent last month from 4.6 percent in October.
“The downtrend in the overall inflation was primarily brought about by …
Read MoreThe city government here received an ambulance unit worth PHP1.7 million from the Embassy of the People’s Republic of China.
This city was chosen as a recipient of the emergency response vehicle, which will be dispatched for use of the Amity Volunteer Fire Brigade, as …
Read MoreA leader of the House of Representatives on Tuesday said the proposed PHP5.024-trillion national budget for 2022 is on track with its enactment this month as the congressional bicameral conference committee began deliberation on the spending measure.
Deputy Speaker Bernadette Herrera, a member of the …
Read MoreThe Regional Development Council (RDC) is preparing to draft the Eastern Visayas Regional Development Plan (RDP) 2023-2028 for implementation in the next six years.
During its fourth-quarter meetings, sectoral committees of RDC have reviewed and endorsed the guidelines for the preparation of a blueprint of …
Read MoreLower inflation and unemployment rates have pushed local shares to continue gains while the peso slightly improved on Tuesday.
The Philippine Stock Exchange index (PSEi) increased by 16.56 points, or 0.23 percent, to 7,147.30.
However, the local bourse has yet to recover its losses since …
Read MoreA total of PHP159.6 million worth of assistance was released by the Department of Agriculture (DA) to individual farmers and associations in Caraga Region on Tuesday.
The distribution activity in the town of Prosperidad, Agusan del Sur was led by DA Secretary William Dar, the …
Read MoreMagat Dam in northern Luzon may still supply water in January 2022 even if the facility’s water level currently continues to decline.
There is a possibility for the water level in the dam to slightly increase beyond its 193 meters normal high or spilling level …
Read MoreThe Department of Labor and Employment in Northern Mindanao (DOLE-10) on Tuesday said it has so far released a total of PHP564 million worth of grants under the “Tulong Panghanapbuhay sa Ating Disadvantaged/Displaced Workers” (TUPAD) program this year.
In a press conference, DOLE-10 Assistant Director …
Read MoreThe chairperson of the House Ways and Means Committee on Monday urged the Department of Trade and Industry (DTI) to complete the Strategic Investment Priorities Plan (SIPP) mandated under the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Act before March 2022, the first anniversary …
Read MoreThe Philippine Stock Exchange index (PSEi) ended in the positive territory while the peso slightly shed against the US dollar on Monday’s trading.
The local stock market gained 75.55 points, or 1.07 percent, to 7,130.74.
All shares also increased by 26.64 points, or 0.58 percent, …
Read MoreSmall Business Corporation (SBCorp), the financing arm of the Department of Trade and Industy (DTI), has expanded its Sustaining Trade and Access to Primary Food and Link to Enterprises (STAPLES) program.
Under STAPLES, micro, small and medium enterprises (MSMEs) of fast moving consumer goods (FMCG) …
Read MoreThe Covid-19 pandemic has created an additional need of USD1.7 trillion for developing countries, said Haoliang Xu, the assistant secretary-general of the United Nations.
In a video message at the 12th Bosphorus Summit in Istanbul, Xu, who is also the director of Bureau for Policy …
Read MoreA beneficiary of the “Balik Probinsya, Bagong Pag-asa” (BP2) program on Monday looks at pursuing an e-commerce business upon her return to La Union province.
Diane Carol Elumba, 36, was one of the thriving entrepreneurs hit hard by the shutdown of malls and major retailers …
Read MoreThe World Trade Organization (WTO) launched on Thursday the Trade4MSMEs website, a tool aimed at helping micro, small and medium enterprises (MSMEs) find trade-related information and improve their abilities to trade internationally.
The Trade4MSMEs platform (https://trade4msmes.org/) was also developed to support policy makers and researchers …
Read MoreWhile no Omicron coronavirus variant had been detected in the Philippines yet, the public is advised to remain vigilant and as much as possible go virtual with holiday parties this December.
“[K]ung makita ninyo po iyong cases sa Norway ‘di ba mayroon silang malaking party …
Read MoreState pension fund Government Service Insurance System (GSIS) will release the 2021 Christmas cash gift amounting to PHP3.2 billion to its old-age and disability pensioners starting December 6.
The benefit is also known to pensioners as their “Christmas bonus.”
“Sa kabila ng hinaharap nating pagsubok …
Read MoreThe Sandiganbayan has acquitted the incumbent mayor of San Fernando City, La Union on graft charges arising from a PHP38-million contract in 2018 for the rehabilitation of its plaza.
In a 22-page decision dated November 29 written by Associate Justice Lorifel Pahimna, the anti-graft court’s …
Read MorePresident Rodrigo Duterte on Thursday welcomed the completion of infrastructure development projects in Zamboanga City, hoping that these would spur economic activity and employment in Mindanao and across the country.
This, after he led the inspection of development projects at the Zamboanga International Airport (ZIA), …
Read MoreThe first batch of Philippine peso banknotes will arrive in the country by April next year, Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno said in a briefing Thursday.
Diokno said the BSP and the Reserve Bank of Australia and its subsidiary Note Printing Australia …
Read MoreThe Department of Agriculture (DA) in Region 13 (Caraga) and the provincial government of Agusan del Sur have formally turned over the PHP152-million farm-to-market road (FMR) project to village officials in the town of San Luis.
The FMR, funded under the DA’s Philippine Rural Development …
Read MoreSome PHP3.2 million worth of shabu was seized from a lady consignee during a controlled delivery operation in Hermosa, Bataan on Wednesday afternoon.
In his report on Thursday, Col. Joel Tampis, director of the Bataan Police Provincial Office, said joint operatives from the Philippine Drug …
Read MoreThe Bureau of Fisheries and Aquatic Resources (BFAR) regional office here awarded on Thursday some PHP10 million worth of fiberglass reinforced plastic (FRP) boats of varying sizes to Zambales fishermen venturing into the West Philippine Sea.
BFAR Regional Director Wilfredo Cruz said the boats are …
Read MoreThe Department of Social Welfare and Development in Region 5 (Bicol) recognized the support of eight community groups which were its partners in implementing the Kapit-Bisig Laban sa Kahirapan–Comprehensive and Integrated Delivery of Social Services (KALAHI-CIDSS) program during the 7th Regional Bayani Ka! Awards on …
Read MoreThe Dumaguete City schools division of the Department of Education (DepEd) is now working for automation in both fields of governance and curriculum, a key agency official here said.
Dr. Gregorio Cyrus R. Elejorde, city schools division superintendent, said on Wednesday afternoon the division is …
Read MoreThe Supreme Court (SC) has affirmed a labor court ruling against a professor who questioned his termination by the university after he forced a sick student to dance during a class presentation.
In a recent 29-page decision written by Associate Justice Ramon Paul L. Hernando, …
Read MoreDepartment of Public Works and Highways (DPWH) Acting Secretary Roger Mercado has vowed to push for the realization of big-ticket projects in Eastern Visayas in the remaining months of President Rodrigo Duterte’s term.
During his visit here on Thursday, Mercado said they have been coordinating …
Read MoreThe Department of Agriculture (DA) is seeking additional PHP12 billion, on top of the recommended PHP95-billion budget for 2022, to address surmounting food and agriculture global challenges onto the “new world”.
“We are entering a ‘New World’ — the global scale of the ‘new normal’ …
Read MoreBangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno said the market might have exaggerated its reaction towards the impact of Omicron after the new coronavirus disease 2019 (Covid-19) variant was confirmed in the latter part of November.
This amid consecutive shedding of the local shares …
Read MoreDepartment of Trade and Industry (DTI) Secretary Ramon Lopez has encouraged businesses, especially micro, small and medium enterprises (MSMEs), to explore the “halal” market.
During the 4th Philippine National Halal Conference on Thursday, Lopez said the halal industry could boost Philippine exports with the developments …
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