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Philippines debt-to-GDP expected to steadily slide to 50% by 2028

The economic managers expect the country's debt to steadily decline to around 50 percent of gross domestic product before the term of President Ferdinand...

Nearly 170,000 regular government jobs remain unfilled; average monthly salary at P38,000

Looking for a job? Turn to the government. During Thursday’s budget hearing at the House of Representatives, Zamboanga Sibugay Rep. Wilter Palma sought a clarification...

Long-horizon foreign direct investments dropped 21% over five months

Foreign direct investments, the kind that stays invested in the Philippines for the long haul, fell 34 percent in May to only $488 million,...

DA lifts poultry import ban from Japan, Central Europe

The Department of Agriculture (DA) has lifted the temporary ban on poultry products from Hungary, Japan and Czech Republic. Senior agriculture undersecretary Domingo Panganiban announced the lifting on Wednesday in the...

Phinma reports 12% 1H income on efficient core unit performance

Phinma Corp. on Thursday reported income in the first half reaching P456.75 million or 12 percent higher than last year’s P406.83 million.  Consolidated revenue totaled...

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Meralco holds animal welfare event for anniversary

The Manila Electric Company (Meralco) marked its 123rd founding anniversary by hosting an animal welfare event aimed at promoting responsible pet ownership, public health, and safer communities.

Biofuels pushed as buffer vs oil supply risks

Stakeholders in the local biofuels industry are urging the government to maximize the use of locally produced biofuels to help protect the country from possible fuel supply disruptions caused by the continuing conflict in the Middle East.

DA-FTI assures sufficient P20 rice supply, urges responsible purchasing

The Department of Agriculture (DA) and state-owned Food Terminal Inc. (FTI) on Friday urged Filipinos not to abuse the government’s subsidized rice program, warning that unusually large crowds at distribution sites are creating the false impression of a supply shortage.

Salceda sees crude oil above $80/barrel, volatility easing

Crude oil prices are likely to remain above USD80 per barrel in the coming weeks, but the era of massive pump price surges may already be fading, according to economist and former Albay congressman Joey Salceda.
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