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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. 

Six-month net oil import bill down 17% to $8.16B

The country's net oil import bill in the first six months this year eased 17 percent to only $8.16 billion from last year's $9.84 billion, according to the Department of Energy (DOE).

DOTr rejects NAIA consortium member bid to own equity above 20%

The Department of Transportation (DOTr) has thumbed down the request of participating airline-related entities to own more equity than allowed at present at the consortium proposing to rehabilitate, optimize and maintain the Ninoy Aquino International Airport for P170.6 billion 

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