To further strengthen bilateral relations between the Philippines and Israel, state-run Land Bank of the Philippines and the Israel Embassy agreed to explore more areas of collaboration to advance economic development in the country.
Damage to the agriculture sector from the southwest monsoon and tropical cyclones Mirasol, Nando, and Opong has climbed to P5.01 billion, the Department of Agriculture (DA) reported in its noon advisory on Wednesday, October 8.
The Philippines continues to receive investment pledges despite the ongoing investigation into alleged corruption in flood-control infrastructure projects, Special Assistant to the President for Investment and Economic Affairs Secretary Frederick D. Go said Thursday.
The Bangko Sentral ng Pilipinas (BSP) unexpectedly cut its benchmark interest rate by 25 basis points to 4.75 percent during its rate-setting meeting today, defying widespread market expectations of a hold at 5 percent.
The Department of Transportation (DOTr) announced Thursday the successful acquisition of right-of-way (ROW) in six critical areas from Calumpit, Bulacan to Clark, Pampanga, aimed at accelerating the completion of the North-South Commuter Railway (NSCR) System.