High yield demands for a seven-year Treasury bond (T-bond) resulted in the rejection of bids for the paper during an auction on Tuesday.Had the auction committee awarded the securities, the average rate of the T-bond would have risen to 6.947 percent f…
Read MoreThe ongoing construction of a PHP47.4 million farm-to-market road (FMR) is seen to improve the lives of small-scale cacao farmers in two remote areas of Kapalong, Davao del Norte.Director Maria Belenda Ambi of the Department of Trade and Industry in Da…
Read MoreThe completion of a seven-kilometer farm-to-market road in Carranglan, Nueva Ecija is a big help to farmers due to easier delivery of their agricultural products to major markets in the province.Following the evaluation made by the Department of Agricu…
Read MoreA lawmaker on Monday asked the incoming administration of President-elect Ferdinand “Bongbong” Marcos Jr. (BBM) to continue the Libreng Sakay (Free Ride) transport program to help ease the impact of surging fuel prices on commuters.Camarines Sur Repres…
Read MoreOfficials of the Bureau of Customs (BOC) on Tuesday denied their supposed involvement in agricultural smuggling in the country.“I vehemently deny the accusations against me on my alleged involvement in agricultural smuggling based on a supposed ‘valida…
Read MoreThe warmth of the long-standing relationship between the Philippines and Japan has once again been highlighted in the Department of Education’s (DepEd) 3rd PH-Japan Friendship Art Contest, where Japanese philanthropist Kenjie Mori found himself in tear…
Read MoreSenator-elect Loren Legarda has called on newly-inducted officials from five northern municipalities of Antique to work for unity as the province heads towards development.”I urge the mayors and other elected officials of the province to work for peace…
Read MoreA locally-developed mobile application allows banana plantations to save up to 40 percent from chemical wastage.Developed by the University of Southeastern Philippines (USEP), Project ROSANNA or “Real-time Online Surveillance for Banana” aims to addres…
Read MoreSenator Aquilino Pimentel III on Tuesday congratulated President Rodrigo Duterte as he vacates Malacañang in two days.Pimentel thanked Duterte for his sacrifices for the nation.”I wish him good health, after his tenure as President, so he can spend mor…
Read MoreGains in the local bourse continued on Tuesday following the release of several economic reports in the United States while the peso kept its footing after days of depreciation against the US dollar.The Philippine Stock Exchange index (PSEi) increased …
Read MorePresident Rodrigo Duterte signed an executive order (EO) updating a list of industries restricted from foreign investment and reserved for Filipinos.EO No. 175, signed on Monday, was issued as part of the requirements under Republic Act (RA) No. 7042 o…
Read MoreA lawmaker on Monday suggested lifting deployment bans for healthcare workers and other in-demand jobs for overseas Filipino workers to help mitigate the impacts of currency depreciation and create opportunities for them to pursue employment overseas.A…
Read MoreThe Home Development Mutual Fund (Pag-IBIG Fund) said Tuesday that it broke its record by releasing PHP40.41 billion in home loans during the first five months of 2022.The home loans from January to May were 15 percent higher than the PHP35.28 billion …
Read MoreThe local government unit of Pagudpud in Ilocos Norte is eyeing the declaration of the landing site of the USS Stingray submarine in a quaint village of Caunayan as an important part of Philippine history during World War II.For the people of Pagudpud,…
Read MoreThe local chief executive here has vowed to prioritize job opportunities and employment for residents as a way to recover from the coronavirus disease 2019 (Covid-19) pandemic.In an interview Tuesday, reelected Mayor Josef Fortich Cagas said he will fo…
Read MoreDomestic tourism continues to rise from the pandemic slump with local trips in 2021 reaching 37.27 million.Based on the latest data presented by the Department of Tourism (DOT) on Tuesday, these figures are 38.16 percent higher than the 26.98 million r…
Read MoreReelected Governor Daniel Fernando on Monday vowed to focus on agriculture and the creation of more jobs in the next three years of his administration.In his inaugural speech during the mass oath-taking at the Bulacan capitol gymnasium here, Fernando r…
Read MoreOutgoing Department of Agriculture (DA) Secretary William Dar said Monday agriculture officials tagged in a Senate report as “agricultural smugglers or protectors” in the country must be given a chance to face their accusers.In a Viber message, Dar sai…
Read MoreFrom infrastructure and utilities to healthcare and real estate, the Metro Pacific Investments Corp. (MPIC) is now diversifying its investments into agribusiness, supporting the government’s goal to strengthen the agriculture sector.This, as the MPIC i…
Read MoreThe absence of a local public transport route plan is the main hindrance why some transport companies are slow in implementing the modernization of public transport in Eastern Visayas region, an official of the Land Transportation and Franchising Regul…
Read MoreFarmer groups in Pangasinan are selling their products at a mall here every Friday from June 17 to December this year to boost their income as they hone their entrepreneurial skills.Lilia Zamora, secretary of the Catablan Farmer’s Association here, sai…
Read MoreDavao del Sur and its component city of Digos are the first to equip themselves with modern public utility vehicles (PUVs) in the Region 11.This came as the Land Transportation Franchising and Regulatory Board in Davao Region (LTFRB-11) launched Monday…
Read MoreThe rates of Treasury bills (T-bills) rose on Monday, resulting in the partial award of the six-month paper.The average rate of the 91-day securities increased to 1.855 percent, the 182-day to 2.400 percent, and the 364-day to 2.630 percent.These were …
Read MorePresidential Adviser for Entrepreneurship Joey Concepcion has urged the government to allow booster shots against the coronavirus disease 2019 (Covid-19) for children aged 12 to 17 with the return of face-to-face classes in August.During the Laging Han…
Read MoreThe Rice Competitiveness Enhancement Fund (RCEF) Seed Program led by the Department of Agriculture-Philippine Rice Research Institute (DA-PhilRice) through its technology demonstration project known as ‘PalaySikatan’ continues to showcase the benefits …
Read MoreA total of 215 farmer-beneficiaries in Camarines Sur and Sorsogon under the Comprehensive Agrarian Reform Program (CARP) recently received their certificate of land ownership award (CLOA) and computerized land titles (C-titles).Gerard Buensalida, Depar…
Read MoreThe world’s seven largest economies have agreed to use money collected from higher trade tariffs on Russia to help Ukraine, according to a statement issued by the White House on Monday.On the second day of the Group of Seven summit in Germany, leaders …
Read MoreActive members of the Government Service Insurance System (GSIS) with outstanding loan obligations can consolidate all their service loans into a single loan account called Multi-Purpose Loan (MPL) Plus.National Capital Region Operations Group vice pre…
Read MoreAmid the rising oil prices, the Department of Agriculture-Bureau of Fisheries and Aquatic Resources (DA-BFAR) in Ilocos Norte will be distributing cash cards worth PHP3,000 to eligible fisherfolk-beneficiaries in the province.Vanessa Dagdagan, senior a…
Read MoreBrent oil prices may rise to USD135 per barrel in the second half of the year amid insufficient supply on the world market, the IHS Markit consulting agency (part of S&P Global) forecasts in its a…
Read More– Fitch Solutions Country Risk and Industry Research forecasts the Bangko Sentral ng Pilipinas (BSP) to deliver more aggressive rate hikes, eyeing the key rates to be at 3.25 percent by end-2022 from 2.75 percent previously.In a report released on Mond…
Read MoreThe main equities index sustained its recovery on Monday and the peso registered a correction against the greenback in line with its counterparts in the region despite touching the 55-level mid-trade.The Philippine Stock Exchange index (PSEi) gained by…
Read MoreThe Negros Occidental government is adopting the Ecosystem-based Adaptation (EbA) technique for the conservation of a major river basin in the southern part of the province.The EbA was introduced during the 1st Provincial Local Conservation Areas Manag…
Read MoreState-owned shipbuilder PT PAL Indonesia received an order from the Department of National Defense (DND) of the Philippines for two landing platform docks (LPDs).The company and the Philippine government signed the sale and purchase contract in Manila …
Read MoreUS President Joe Biden on Saturday signed into law the country’s most significant gun control legislation in decades.The law, which restricts firearm purchases and allows for inspections against illegal weapons in a bid to curb gun violence, came into …
Read MoreThe Metropolitan Manila Development Authority (MMDA) released Saturday the road closures and traffic rerouting plan around the National Museum of the Philippines in Manila, the site of the inauguration of President-elect Ferdinand “Bongbong” Marcos Jr….
Read MoreThe North Cotabato provincial government has opened PHP12 million worth of infra projects at the capitol grounds here to help both small local traders and persons with disabilities (PWDs).In a statement Saturday, outgoing North Cotabato Governor Nancy …
Read MoreA bettor in Eastern Samar became an instant millionaire after guessing the right six-digit combination of the Mega Lotto 6/45 draw on Friday night, winning the PHP8.9 million jackpot.In an advisory Saturday, the Philippine Charity Sweepstakes Office (P…
Read MoreThe Philippines and Bangladesh can further strengthen their 50 years of diplomatic ties by partnering in critical sectors that will address pressing challenges in both countries.In a business seminar of the Bangladesh Embassy in Makati City Friday, Ban…
Read MoreChina is ready to help the incoming administration deal with the shortage and rising costs of agricultural products, Chinese Ambassador Huang Xilian said Friday.The statement came days after president-elect Ferdinand Marcos Jr. announced that he would …
Read MoreThe number of government programs that were implemented to ensure the well-being of the overseas Filipino workers (OFWs) proved that President Rodrigo Roa Duterte is the father of migrant workers, the Overseas Workers Welfare Administration (OWWA) said…
Read MoreSome 780 informal workers in Ilocos Norte received Friday a total of PHP3.9 million worth of livelihood assistance from the Department of Labor and Employment and the Ilocos Norte government.Among the latest batch of beneficiaries were daily wage earne…
Read MoreThe Bureau of Customs (BOC)-Zamboanga District has confiscated PHP153 million worth of smuggled goods in its area of jurisdiction since January this year.Segundo Sigmundreud Barte Jr., the BOC-Zamboanga District collector, said the apprehensions were m…
Read MoreThree public parks in this city have undergone a facelift using a total of PHP27.8-million allocation from the Local Government Support Fund-Assistance to Cities (LGSF-AC).Implemented under the “Green,Green,Green” program, the projects include improvem…
Read MoreCompleted infrastructure under the Barangay Development Program (BDP) in Davao de Oro’s town of Maragusan has brought significant changes to three of its barangay recipients, the provincial government said Friday.In a statement, the Davao de Oro govern…
Read MoreThe Bureau of Local Government Finance-Region III (BLGF-RIII) has cited the city government here as the top in revenue generation among all cities in Central Luzon.BLGF regional director Divina Corpuz said on Thursday the city has received three plaque…
Read MoreThe Metropolitan Manila Development Authority (MMDA) has received an unqualified opinion from the Commission on Audit (COA) for the fiscal year 2021, the third successive year it earned the highest audit rating.In an interview at the MMDA headquarters …
Read MorePresident-elect Ferdinand ‘Bongbong’ Marcos, Jr. on Thursday named veteran airline executive Jaime “Jimmy” Bautista as Secretary-designate of the Department of Transportation (DOTr) along with other key nominees in his administration’s transportation c…
Read MoreSome 1,788 farmers in Titay, Zamboanga Sibugay are expected to benefit from a completed PHP50 million concrete farm-to-market road (FMR) project facilitated by the Department of Agriculture–Zamboanga Peninsula (DA-9).In a statement Thursday, DA-9 Direc…
Read More