THE BUDGET department has already released 68% of the government’s P2.006-trillion obligation program for the year as of end-February, a report showed.
Apr 182013
BusinessWorld Online: Economy
Apr 182013
THE NATIONAL government’s outstanding debt grew by 8.4% year-on-year as of end-February as it borrowed more from domestic lenders, Bureau of the Treasury (BTr) data showed.
Apr 182013
A DELEGATION of businessmen from India is set to arrive in the country to look at business opportunities in the country, particularly in Mindanao.
Apr 162013
THE EUROPEAN Union (EU) and the Department of Environment and Natural Resources (DENR) has launched a EUR3.5-million aid for the implementation of the country’s environmental laws and other “green” projects.
Apr 162013
THE OPENING of the new Laguindingan Airport has been moved to June from this month, the Department of Transportation and Communications (DoTC) said yesterday.
Apr 162013
SCIENTISTS have successfully bred a rice variety that is salt-tolerant, which could enable farmers to reclaim coastal areas rendered useless by sea water, a Philippine-based institute said Tuesday.
Apr 142013
THE AUCTION for Metro Rail Transit Line 3’s (MRT-3) maintenance service contract has been moved to next month, the Transportation department said, so it could solicit competitive bids.
Apr 142013
IMPLEMENTING a project that seeks to replace some 100,000 tricycles that run on gasoline by 2017, the government will hold the bidding for the manufacture of tricycles powered by electricity at the end of this quarter and deploy the initial 20 units by December.
Apr 142013
First of three parts JUST AS THE US Congress was about to take US taxpayers over the cliff, standing by and allowing massive tax increases and across-the-board budget cuts to kick in under previous legislation, cooler heads prevailed. The parties agreed to a limited package of tax increases, revisions, and extensions of key provisions that were about to “sunset,” and that avoided the so-called “Fiscal Cliff.”
Apr 102013
THE GOVERNMENT has exceeded its palay procurement target for the first quarter due to innovative methods employed by the National Food Authority (NFA).