The Philippine Ports Authority (PPA), which took care of more than 80,000 cruise ship passengers visiting the Philippines this year, plans developing more cruise terminals in 2024.
The budget deficit in November narrowed by 25 percent year-on-year to P93.3 billion as public spending declined and a slight increase in revenue collection during the month compared to the level in the same month last year.
Headline inflation that plumbed a 20-month low of 4.1 percent in November is seen easing further in December to 3.7 percent, according to Moody's Analytics.
Around 76,000 metric tons of rice from Taiwan and India are scheduled to arrive this month and early January even as grains imported by the private sector have started to arrive as part of the broader effort to boost inventory of the national food staple in preparation for the adverse effects of the El Nino weather phenomenon, a ranking official of the Department of Agriculture (DA) said on Wednesday.
The Department of Transportation on Wednesday said four large groups have submitted bid documents to win the P171-billion contract to rehabilitate, optimize and maintain the Ninoy Aquino International Airport.