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.”
September just kicked in reminding everyone that we are just a few months away from the season of giving. It is also at this time when individuals from the working sector, whether private or public, expect to receive hard-earned additional income in the form of bonuses. However, such a grant comes with a price — enforced contributions are levied on every form of compensation for personal services to pay for the cost of government.
INFRASTRUCTURE spending in July nearly doubled as agencies played catch-up with their expenditures although the total still fell short of the government’s target for the month, the Department of Budget and Management (DBM) said in a statement.
ECONOMIC GROWTH should pick up in the third quarter from its rate of expansion seen in the first half although a prolonged dry spell poses the biggest downside risk for the country’s prospects, the government’s chief economic planner said.
This week marks the opening of EY’s (previously Ernst & Young) latest global delivery network (GDN) location, our first in the Philippines. It’s the ninth such center we have established as part of our GDN, and will now be our fifth location, following India, China, Argentina and Poland.