OUTSTANDING public sector debt (OPSD) reached P7.7 trillion as of the first quarter, the government reported yesterday.
Oct 172013
BusinessWorld Online: Economy
Oct 172013
THE TOURISM department expects a “remarkable improvement” in tourism revenues this year with the longer stay of tourists in the country, an official from the department told reporters yesterday.
Oct 162013
THE GOVERNMENT has signed an agreement with a group of Turkish businesses to boost investment ties between the Philippines and Turkey, a statement from the Bases Conversion and Development Authority (BCDA) yesterday said.
Oct 162013
PHILIPPINE Crop Insurance Corp. (PCIC) plans to subsidize the premiums of subsistence farmers and fisherfolk in 2014 with its proposed P1.184-billion budget, an official of the state firm said yesterday.
Oct 162013
THE MAGNITUDE-7.2 quake that struck Visayas the other day was shocking to say the least, as it decimated centuries-old churches and other structures. It has been compared to the force of 32 nuclear bombs dropped over Hiroshima, Japan during the Second World War.
Oct 142013
TACLOBAN CITY — Transportation Secretary Joseph Emilio A. Abaya has said that the cost of developing the Tacloban Airport may be greater than the approved amount.
Oct 142013
THE GOVERNMENT will be staging an investment road show in the United States (US) this weekend to attract investors to the Philippines, a Department of Trade and Industry (DTI) official said Friday.
Oct 142013
AN ENERGY solutions provider and a dairy products manufacturer seek incentives from the Board of Investments (BoI), according to separate notices in newspapers yesterday.
Oct 132013
STATE SUBSIDIES rose by a more than a third year on year in August as the government gave more financial assistance in the month, data from the Bureau of the Treasury showed.
Oct 132013
THE ENERGY department plans to award the contract to supply and deliver the first 3,000 units of electric tricycles (e-trikes) in December as it proceeds with the evaluation of the bids received in an auction in August, an official said over the weekend.