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Category: Business

House OKs job creation bill to speed up economic growth

August 22, 2023admin

The House of Representatives on Tuesday approved on the third and final reading a bill seeking to institutionalize and expand the National Employment Recovery Strategy (NERS) to a jobs creation plan to accelerate economic growth and development. House…

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High oil prices seen to persist until end of 2023

August 22, 2023admin

A Department of Energy (DOE) official on Tuesday said oil price hikes are expected to continue until the end of the year. During the Laging Handa public briefing, Oil Industry Management Bureau Director Rino Abad said tighter supply has boosted global…

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Chinese bag maker to use PH-EU FTA for exports to Europe

August 22, 2023admin

A Dongguan-based bag maker is looking forward to the free trade agreement (FTA) between the Philippines and the European Union (EU) as it plans to export its Philippine-made bag to the European market. In a statement on Tuesday, the Department of Trad…

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Stocks, peso weak on inflation concerns

August 22, 2023admin

Local stock market and currency closed Tuesday’s trading week amid inflationary pressures both in the local and global markets. The Philippine Stock Exchange index (PSEi) finished lower by 77.88 points to 6,212.39 points, with all shares down by 30.46 …

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DSWD, PNVSCA promote volunteerism in social services

August 22, 2023admin

Department of Social Welfare and Development (DSWD) Secretary Rex Gatchalian and Philippine National Volunteer Service Coordinating Agency (PNVSCA) Executive Director Donald James Gawe on Tuesday signed a memorandum of understanding (MOU) to encourage…

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Biz leaders call PH’s Q2 GDP growth ‘respectable’

August 22, 2023admin

Business leaders on Tuesday said the Philippines’ 4.3 percent gross domestic product (GDP) growth in the second quarter is nothing to be ashamed of, stressing that it outperformed other countries during the same period. In an interview, Jesus Arranza,…

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Latest Posts

  • DICT inks P5.6-B int’l gateway investment with Japan September 3, 2023
  • OECD sees PH economy growing by 5.6% in 2023 September 3, 2023
  • Italy ends 25-year dry spell, back in FIBAWC quarterfinals September 3, 2023
  • Brent oil price on ICE tops USD87 per barrel since August 11 September 1, 2023
  • DTI: Price cap not for all rice variants September 1, 2023
  • Batangas to help corn growers improve productivity August 30, 2023
  • PSEi slips to 6,100-level, peso weakens August 23, 2023

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Recent Posts

  • DICT inks P5.6-B int’l gateway investment with Japan September 3, 2023
  • OECD sees PH economy growing by 5.6% in 2023 September 3, 2023
  • Italy ends 25-year dry spell, back in FIBAWC quarterfinals September 3, 2023
  • Brent oil price on ICE tops USD87 per barrel since August 11 September 1, 2023
  • DTI: Price cap not for all rice variants September 1, 2023
  • Batangas to help corn growers improve productivity August 30, 2023

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