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PH’s ‘catch-up’ plan to reverse exports decline

Secretary Frederick Go, Presidential Adviser on Investment and Economic Affairs, said the catch-up, which also includes attracting foreign investments and investing in infrastructure, targets to realize the country’s untapped export potential of $49 billion.

LTFRB yields some and agrees to lift some items off PUVMP mandate

The Land Transportation Franchising and Regulatory Board (LTFRB) has agreed to ease some of the terms under which the non-negotiable mandate for transport operators and drivers to consolidate as cooperatives or corporations under the Public Utility Vehicle Modernization Program (PUVMP) has to happen as scheduled.

Globe’s P4.1 billion nine-month revenue betrays initial success of techo transit

Globe Telecom Inc. on Friday bared posting non-telco revenue of P4.1 billion over nine months when it started operating as a techo rather than as telco. 

Passenger surge 2.5 million strong forecast at PITX over two weeks

The Paranaque Integrated Terminal Exchange (PITX) on Friday projected handling an estimated 2.6 million passengers during the upcoming Christmas rush. 

DOF converts $11.13B World Bank loans to fixed rate; may save $125M in 2024

The Department of Finance said Friday the Bureau of the Treasury has converted to fixed interest rate from floating rate a total USD11.13 billion...

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Meralco strengthens earthquake readiness via full-scale drills

When the ground shakes, readiness cannot remain on paper. For Manila Electric Co. (Meralco), preparedness means putting plans, people, technology, and partnerships through their paces—before a real emergency does.

Philippines export streak hits 35-year high momentum

The Philippines’ export boom is showing signs of staying power, with merchandise shipments climbing 27.8 percent in August to USD9.11 billion—the highest monthly level in 35 years, the Department of Trade and Industry said.

SMPC rightsizes workforce; seawater inflows curb Acacia mine operations

Semirara Mining and Power Corporation (SMPC) is adjusting its workforce as persistent and rising seawater ingress restricts activity at its Acacia mine, with flows now overwhelming existing pumping capacity.

Blu Girls’ Asian Games medal wait continues

The Philippine Blu Girls will have to wait a little longer for their first Asian Games softball medal after Chinese Taipei turned Saturday's bronze-medal match into a three-inning rout.
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