• $100-M facility to help PHL roll out more infra projects
    The Philippines is looking to jump-start more infrastructure projects next year through facilities under the Project Monitoring Facilitation and Innovation (PMFI), such as the latest technical assistance loan from the Asian Development Bank (ADB). National Economic and Development Authority (Neda) Assistant Secretary Jonathan L. Uy recently told reporters the list of projects to be financed […]
  • Coal tax to help PHL meet emission targets–group
    The Institute for Climate and Sustainable Cities (ICSC) said the approval of the tax hike on coal will allow the Philippines to inch closer to achieving environmental sustainability, as it will help correct market outcomes and inject a degree of parity in a playing field “incredibly in favor of coal.” Renato R. Constantino, executive director […]
  • Senate probers eye malversation raps in ₧3.5-billion vaccine mess
    A ranking member of the joint Senate inquiry into the dengue-vaccine mess said top Aquino Cabinet officials will face technical malversation charges for realigning, without congressional approval, P3.5 billion “savings” from an entirely different expense account, for a massive immunization program done with “undue haste” weeks before the 2016 elections. Sen. Joseph Victor Ejercito, chairman […]
  • Investment pledges decline 9.9% from January to September–PSA
    The country’s foreign investment pledges a registered 9.9-percent contraction as of the third quarter of the year, according to data released by the Philippine Statistics Authority (PSA). PSA data obtained from the country’s seven investment promotion agencies (IPAs) showed total approved foreign investments only amounted to P84.1 billion in the January-to-September period, from P93.3 billion […]
  • DFA says OFWs in Iraq can come home for Yuletide  
    Filipino migrant workers in parts of war-ravaged Iraq can now spend their Christmas in the Philippines after the Department of Foreign Affairs (DFA) approved a proposal that would finally allow them to fly home to visit their loved ones, and then return to their jobs after the homecoming Foreign Affairs Secretary Alan Peter S. Cayetano […]

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