MANILA, Philippines — More local government units (LGUs) are now engaging in public-private partnerships (PPPs) to improve their competitiveness and promote ease of doing business in their localities. The Department of the Interior and Local Government (DILG) noted and recognizedselect LGUs for what it considers exemplified efforts in implementing PPP projects, even prior to the launch […]
Business
BOC posts record-breaking November revenue
MANILA, Philippines — Bureau of Customs (BOC) posted PHP46.470 billion revenues in November, its highest recorded monthly collection. Customs Commissioner Isidro Lapena reported that five collection districts were able to surpass their monthly targets, namely, ports of Batangas, Davao, Cagayan de Oro, Clark and Tacloban. Preliminary figures of the bureau’s Financial Service revealed that the […]
PH nearing target growth-Roque
DAVAO CITY, Philippines — The government is nearing the targeted economic growth as the calendar year is about to end. This was the positive forecast of Presidential spokesperson Secretary Harry Roque who claimed the economic movement of the country is gaining its momentum despite the challenges it encountered. “From all indications, the economic forecast is […]
Palace directs NEDA board, member agencies to ease foreign restrictions
MANILA, Philippines — Malacañang directed the National Economic and Development Authority (NEDA) Board and its member agencies to “exert utmost efforts” in easing or lifting restrictions on the government’s investment activities that have limited foreign participation. In a bid to raise the Philippines’ level of competitiveness, the Palace on Tuesday, November 21, 2017 issued Memorandum […]
Vessel takes Davao-Tahuna-Bitung RoRo route
DAVAO CITY, Philippines — A smaller vessel now serves the Davao-GenSan-Bitung in Indonesia to sustain the roll-on roll-off route between Philippines and Indonesia via its backdoor cities. This was announced by Indonesian Consul General in Davao City Berlian Napitupulu, saying the KM Gloria 28 will utilize the Sta. Ana wharf in Davao City as port […]
Halal verification lab to open more business opportunity
Davao City, Philippines — There will be more business opportunity on food exportation in Davao City and in the whole Region 11 as the Department of Science and Technology 11 (DOST 11) will open its Halal Verification Laboratory on November 24, 2018. DOST 11 Assistant Regional Director for Technical Support Service Mirasol Domingo said Halal […]
Zamboanga records 1,000 businesses in ‘negative list’
ZAMBOANGA CITY, Philippines — The local government has recorded in its “negative list” more than 1,000 business establishments operating in this city. Benjie Barredo, City Permits and Licensing Division chief, on Friday disclosed that establishments included in the list do not have business permits since they lack the requirements. Barredo said the establishments that landed […]
America eyes Philippines as investment hub
MANILA, Philippines —The Philippines and the United States have committed to strengthen dialogues for innovation and sharing of best practices in technology to optimize the country’s position “as a preferred destination for American investments in the Asia-Pacific region”. “The two sides decided to further deepen the extensive US-Philippine economic relationship,” said a joint statement released […]
Broadband infra project launched to improve Internet speed
MANILA, Philippines — The government is expected to have the capability to become the third major player in the local telco industry once its newly launched broadband infrastructure, which would help improve Internet speed and accessibility in the country, becomes operational by 2019. The project, dubbed Strategic Engagement and Collaboration to Undertake a Reliable and […]
Gasoline, diesel, kerosene prices up
DAVAO CITY, Philippines — While majority of the Filipinos are glued to social media and news about the ASEAN 2017 summit here, oil players announced the oil price increase effective tomorrow, November 14 at 6:00 in the morning. Petroleum players cited the movements in the international petroleum market, oil companies as the reason for the […]
EU, UN chiefs,18 state leaders confirmed for ASEAN meet: DFA
MANILA, Philippines —The Department of Foreign Affairs (DFA) on Friday announced the names of 20 leaders confirmed to attend the various summits this week in Manila — an attendance that signify “deep and strong bonds” between the bloc and its dialogue partners, an official said. DFA Acting Spokesperson Robespierre Bolivar said these leaders would cover […]
FDA warns vs. fake Safeguard soaps
MANILA, Philippines — The Food and Drug Administration (FDA) is warning the public against purchasing and using counterfeit Safeguard Family Germ Protection Pure White 60-g. soap bars that are proliferating in the local market. In its Advisory No. 2017-291, the FDA said the fake Safeguard soaps could be identified through Batch/Lot number 50282043841 170618. The agency […]
Duterte holds bilateral meeting with leaders from Vietnam and Papua New Guinea
Da Nang, Viet Nam — President Rodrigo Roa Duterte met with Viet Nam President Tran Dai Quang and Papua New Guinea Prime Minister Peter O’Neill at the sidelines of the Asia-Pacific Economic Cooperation (APEC) Economic Leaders’ Meeting (AELM) on Thursday November 10 here. President Duterte had a bilateral meeting with the Vietnamese leader, who congratulated President […]