PRESIDENT BENIGNO S. C. Aquino III yesterday met with various labor groups to discuss their various concerns, two days before Labor Day on May 1.
Apr 292014
BusinessWorld Online: Economy
Apr 292014
PRICES of flour and bread will remain unchanged, even as the Department of Agriculture (DA) imposed provisional higher duties on imported Turkish wheat flour, local millers yesterday said.
Apr 292014
DAVAO CITY — Minimum wage earners in the Davao Region cannot expect any cash incentive on Thursday, Labor Day.
Apr 272014
THE GOVERNMENT has lowered the subsidy ceiling for the Light Rail Transit Line 1 Cavite Extension (LRT-1 CavEx) after cutting out an obligation borne by the concessionaire.
Apr 272014
A PRIVATE American wheat industry group has backed the Philippine government’s move to impose provisional anti-dumping duties on imported wheat flour from Turkey that has been found to be sold locally at unfairly low prices.
Apr 272014
(Third in a five-part series) THE PHILIPPINE economy is driven by the services sector. The country’s banks, telcos, malls, and call centers all hum with a level of frenzied activity, unmatched by farms and factories. Just last year, the sector accounted for roughly 60% of Gross Domestic Product (GDP).
Apr 252014
TWO KOREAN-owned firms that export coconut products have secured fiscal and non-fiscal incentives from the Board of Investments (BoI) for their projects.
Apr 252014
THE CUSTOMS bureau will bid out next week several shipments of rice, wheat, feed supplements, construction materials and other goods allegedly smuggled into the country.
Apr 252014
CUSTOMS Commissioner John Philip J. Sevilla has bared reforms for this year, including some expected to speed up processes at the bureau and increase public accountability.
Apr 242014
ECONOMIC TIES between the Philippines and China are expected to improve should the heightening territorial dispute over portions of the South China Sea be resolved through bilateral means, a Chinese embassy official said on Wednesday evening.