ILOILO CITY — The provincial government of Iloilo is pitching two towns to the Philippine Economic Zone Authority (PEZA) as the sites of special economic zones targeting manufacturing, agri-industrial and other concerns outside the capital city.
DEPARTMENT OF TRADE and Industry (DTI) Secretary Gregory L. Domingo yesterday said the Philippines’ average economic growth may exceed 6.5% over the next 10 years, helped by the European Union-Generalized Scheme of Preferences Plus (EU-GSP+), a recovery in exports, and the entry of foreign manufacturers.
THE DEPARTMENT of Public Works and Highways (DPWH) said the government is saving up to P300 billion worth of infrastructure costs which have been shouldered by the private sector under the public-private partnership (PPP) program.
GOVERNMENTS should build regulatory frameworks and implement direct measures that will allow everyone to access financial services by 2030, the United Nations (UN) said.
It’s election time. With barely eight months before the 2016 National Elections, advertisements during our favorite teleseryes are not just about dancing teen stars on shampoo or soap commercials. Whether we like it or not, these advertisements are now composed of political ads, or “infomercials.” And soon enough, these political ads will dominate television and radio airtime, and even social media.
KORONADAL CITY — A senior World Bank (WB) official led a group composed of International Finance Corp. (IFC) and private sector representatives in a series of Mindanao meetings on Monday to explore investing in development projects in the Autonomous Region in Muslim Mindanao (ARMM).
THE TRANSPORTATION department has sent invitations to four foreign firms to bid for the P4.3-billion maintenance contract of the Metro Rail Transit Line 3 (MRT-3), which is targeted for award by January.
SURIGAO DEL NORTE, which hosts six active mining companies, said its royalties surged by 277% over the past five years after the province tightened up its collection process, the governor said yesterday.
ECONOMIC GROWTH could slow down to below 6% this year as public expenditure is expected to weigh on the country’s overall output, a Singapore bank said in a new report.
THE AYALA and Metro Pacific groups said they took over the operations, maintenance and extension of the Light Rail Transit Line 1 (LRT-1) from Saturday, but the public will not immediately feel the improvements because the train system handed over to them is “severely deteriorated.”