Top News
Manila gives up on Beijing as ODA source for rail project
The Department of Transportation (DOTr) on Wednesday ruled out looking immediately west of Malacanang as source of sub-market loans or official development assistance (ODA) for the Mindanao Railway Project that China has apparently abandoned.
DBM allots P22 billion to strengthen healthcare services nationwide
Budget Secretary Amenah F. Pangandaman on Wednesday confirmed an allocation of P22.98 billion for the Health Facilities Enhancement Program (HFEP) of the Department of Health (DOH) designed to boost healthcare standards
Japan grant package boosts DOH emergency response capacity
The government of Japan has extended the Philippines a 700 million yen or P260 million grant package to help the Department of Health (DOH) respond quickly to health emergencies.
China wind farm equipment manufacturers look to seal $4-billion investment bid by yearend
The Board of Investments (BOI) is sanguine on the successful conclusion of negotiations with two Chinese wind farm equipment and component manufacturers who look to invest $2 billion each in their proposal to make the Philippines a manufacturing hub.
Treasury bill yields continue to rise despite bid rejections
Yields on Treasury bills (T-bills) were higher at the auction held Monday, with the Bureau of Treasury allowing the average rate of the 91-day treasury paper to top 6.00 percent.
