Canada to invest $2 million in economic hub in the Philippines
MANILA — Canada is investing $2 million in an economic hub in the Philippines backed by the United States and Japan, its trade minister...
Luzon Economic Corridor admits more partners
THE LUZON Economic Corridor (LEC) partnership has been expanded to include Australia, Denmark, France, Italy, South Korea, Sweden, and the United Kingdom, the US...
DA preparing for severe dry spell after forecast of ‘strong’ El Niño
THE Department of Agriculture (DA) said preparations are being put in place for what it called a potentially strong El Niño, citing the weather...
EV adoption campaign seen facing affordability hurdles
THE campaign to promote the adoption of electric vehicles (EVs) as an alternative to internal combustion engine (ICE) cars is running up against affordability concerns and the dearth of charging infrastructure, according to Agile Data Solutions, Inc., a market research firm.
MRT-3 O&M privatization target set for next year
THE Department of Transportation (DoTr) said it hopes to privatize the operations and maintenance (O&M) functions of Metro Rail Transit Line 3 (MRT-3), with...
Approval of changes to MRT-7 seen keeping operations timeline on track
THE Metro Rail Transit Line 7 (MRT-7) remains on schedule for operations next year after amendments to the project terms were approved by the...
PHL, Paraguay sign visa-waiver deal, explore agricultural trade prospects
THE PHILIPPINES and Paraguay agreed to explore expanded trade in agricultural goods, with the proposed exchange involving exports of tuna, sardines and milkfish, in...
PHL, South Korea sign MoU to enforce competition law
THE Philippine Competition Commission (PCC) said it signed an agreement with the Korea Fair Trade Commission (KFTC) to boost the enforcement of competition law...
PHL urged to step up pace of reforms before society ages
THE PHILIPPINES must pick up the pace of reforms to achieve high-income status before the rapidly ageing population erodes the economy’s growth potential, the...
First international charter flight lands at Bohol-Panglao airport
BOHOL-PANGLAO International Airport (BPIA) said it received its first international charter flight, originating from Japan’s Narita airport.
“This charter flight demonstrates Bohol-Panglao International Airport’s readiness...
Special safeguard measures loom for more farm imports
THE Department of Agriculture (DA) said it is seeking price-based special safeguard (SSG) measures on additional imported agricultural products, including frozen bovine meat, chicken...
$300-million ADB loan to support DoE rooftop solar, efficiency programs
THE Department of Energy (DoE) said it is hoping to tap a $300-million loan package from the Asian Development Bank (ADB) this year to...