The budget deficit projected this year to equal 6.1 percent of local output measured as the gross domestic product (GDP) is seen steadily diminishing over five years when it rounds the period to only 3 percent of GDP, the Development Budget Coordination Committee (DBCC) said.
Britain's national grid has started removing components supplied by a unit of China-backed Nari Technology's from the electricity transmission network over cyber security fears, the Financial Times reported on Sunday.
Stores Specialists, Inc., a wholly-owned subsidiary of listed SSI Group Inc., has taken a 40 percent stake in PRADA Philippines Inc., a joint venture...
The National Irrigation Administration (NIA) has accelerated the completion of big-ticket projects, starting with the P1.276-billion Balbalungao small reservoir irrigation project (SRIP) in Lupao, Nueva Ecija.
The Department of Agriculture (DA) has concluded a nationwide series of multi-sectoral consultations on House Bill No. 1, the proposed Rice Industry and Consumer Empowerment (RICE) Act, and other related measures that seek to amend the Rice Tariffication Law (RTL). The consultations aim to gather broad-based insights and recommendations from rice industry stakeholders to ensure that the final version of the proposal is robust and equitable.
Globe Telecom has successfully completed new pilot tests of its satellite-powered mobile service, marking another step toward providing reliable connectivity to all Filipinos, even in remote areas.