Philippine stocks end week up, peso finishes sideways vs. US dollar
Philippine shares ended the week higher after the confirmation of US President-elect Joe Biden’s win while the peso continues its sideways close against the greenback....
Al-Futtaim sells RHS to GMG
AL-FUTTAIM is selling local sports retail powerhouse, Royal Sporting House (RHS). Al-Futtaim is the parent company of Singapore department store operator, Robinsons. They will be...
LIMA ESTATE TO BE CALABARZON’S NEXT LEADING ECONOMIC CENTER
The Aboitiz Group’s Lima Land, Inc. will expand LIMA Estate in Batangas in response to the increasing demand for industrial and commercial spaces in Region...
Country must fortify evacuations centers, President Duterte tells lawmakers
The government should prioritise the construction of sturdy evacuation centres to provide shelter to the vulnerable population during disasters; President Rodrigo Roa Duterte said on...
EU commits new grants to Philippines Government
The European Union (EU) has committed an additional 150 million euros-worth of grants to the Philippines. Two-thirds of the fund will firstly, help finance programs...
DOLE online system vies for best innovation in government
The labour department’s monitoring system on labour laws compliance is vying as one of the finalists in the Government Best Practices Recognition (GBPR), an annual...
Philippines Armed Forces braces for Typhoon Rolly
General Gilbert Gapay, Armed Forces of the Philippines Chief of Staff, led the mustering of troops of the Joint Task Force-National Capital Region today. The...
World Bank to aid Philippines Custom’s Procedures Improvement
Traders, exporters, importers, port operators, shipping companies, and transport providers – many of them small and medium enterprises employing many workers – are expected to...
World Bank: Digital Technologies will help the Philippines recover
According to a report released by the World Bank and the National Economic and Development Authority (NEDA), the rapid adoption of digital technologies can help the Philippines overcome tremendously. Firstly, in navigating the impact of the Covid-19 pandemic. Secondly, digital technology can assist the Philippines in recovery from the crisis. Lastly, it can also help it achieve its vision of becoming a middle-class society free of poverty.