Speaker Ferdinand Martin G. Romualdez on Sunday said the House is on track to expeditiously approve the budget submitted by President Ferdinand “Bongbong” Romualdez Marcos Jr. before Congress goes on recess later this month.
The global debt burden retreated for the second year in a row, even though it remains above its already-high pre-pandemic level, according to the latest update of the International Monetary Fund's Global Debt Database.
Filipinos living and working overseas, including those working on passenger and cargo ships, sent home $3.32 billion in July, up 2.5 percent from the $3.24 billion they remitted in the same month last year, the Bangko Sentral ng Pilipinas said.
The Bureau of Customs-Port of Zamboanga (BOC-POZ) forfeited 42,180 sacks of rice worth P42 million following a raid of a warehouse in Brgy. San Jose Gusu, Zamboanga City.
En Tsumugi ELV Dismantler Corp., the Philippines’ Toyota-endorsed end-of-life vehicle (ELV) facility, is ramping up its ability to handle electrified vehicles (xEVs) after completing specialized training in high-voltage battery dismantling.
Casiguran, Aurora may soon emerge as a strategic node in the Philippines’ pharmaceutical supply chain, as the Aurora Pacific Economic Zone and Freeport Authority (APECO) and the Philippine Pharmaceutical Procurement Inc. (PPPI) begin exploring plans for a dedicated pharma investment hub.
Philippine Treasury bill yields moved higher at Monday’s auction, as markets adjusted to the Bangko Sentral ng Pilipinas’ shift toward tighter monetary policy amid rising inflation risks.