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Bautista brushes off NAIA parking fee adjustment; signals higher aircraft parking, passenger terminal hikes near term

The Department of Transportation (DOTr) on Wednesday ruled out adversely impacting tourism flows as a consequence of adjustments in terminal fee attracting so much flak from travelers, stakeholders and observers alike. 

DOF secures stronger AIIB grant commitment for PH infra projects

China as convenor of the Asian Infrastructure Investment Bank (AIIB) assures the Philippines of access to grants for the country's infrastructure projects.

Ayala-led group proposes ramping up connectivity across GIDAs via government subsidy program

The Ayala Group that owns Globe Telecom has advanced the idea for the government to help pay for the cost of connectivity across the archipelago by a subsidy program allowing the telecommunications players to beef up their presence even in so-called geographically isolated and disadvantaged areas or GIDAs.

Treasury seeks to raise P310 billion via bills, bonds auction for budget support

The Bureau of Treasury plans to borrow a total of P310 billion in the fourth quarter through the weekly auction of treasury bills and bonds.

Residential housing prices continue to rise in 2Q 2024

The Bangko Sentral ng Pilipinas (BSP) said residential housing units of various types continued to increase in the April to June quarter.  Residential property prices rose 2.7 percent year-on-year, slower than the 6.1 percent growth in Q1 2024. On a quarter-on-quarter (QoQ) basis, housing prices accelerated to 1.8 percent versus only 1.1 percent growth in Q1 2024.

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