PSEi, peso weaken on higher inflation
MANILA – Both the local bourse and the currency dropped on Friday following the higher inflation rate in March 2024 as reported by the Philippine Statistics Authority (PSA). The Philippine Stock…
PBBM to launch Cebu-Negros-Panay backbone project on Apr. 8
ILOILO CITY – President Ferdinand Marcos Jr. is set to inaugurate the Cebu-Negros-Panay Backbone Project Stage 3 (CNP3) will be inaugurated on April 8, Iloilo City Mayor Jerry Treñas said on…
PetroWind begins commissioning of Nabas-2 wind power
MANILA – Yuchengco-led PetroWind Energy Inc. (PWEI) announced Friday that it started the commissioning of clean energy from the Nabas 2 Wind Power Project on April 4. The exporting of power…
DTI announces second shipment of PH mangoes to Australia
MANILA – The Department of Trade and Industry (DTI) on Saturday disclosed that Fastboxph would dispatch another batch of Philippine mangoes to Australia this month. The move further highlights the trade…
6 Filipino trafficking victims home from Myanmar
MANILA – Six human trafficking victims recruited to work in scam hubs in Myanmar have been repatriated to the Philippines, the Bureau of Immigration (BI) reported on Saturday. The latest batch…
DOLE issues pay rules for Araw ng Kagitingan, Eid’l al-Fitr holidays
MANILA – Workers in the private sector who will be working on April 9 (Araw ng Kagitingan or Day of Valor) and April 10 (Eid’I al-Fitr or the end of Ramadan)…
DA: No plan to impose price cap on rice
MANILA – The Department of Agriculture (DA) said Saturday there are no plans to recommend a price ceiling or suggested retail price (SRP) on rice amid its inflation uptick of 24.4…
Over 5K high-value targets fall since start of Marcos admin drug drive
MANILA – Authorities have arrested more than 5,000 drug high-value targets (HVTs) and seized nearly PHP32 billion worth of narcotics since the start of the President Ferdinand Marcos Jr administration’s crackdown…
MMC regulations on use of e-trikes to include definitive penalties
MANILA – The Metro Manila Council is set to release a resolution regulating the use of electric motor vehicles, especially along major thoroughfares. Metropolitan Manila Development Authority Director Victor Nuñez of…
Cebu’s Expressway project to proceed sans DPWH
CEBU CITY – The Department of Public Works and Highways (DPWH) is now giving Cebu’s provincial government full authority to implement the Metro Cebu Expressway (MCE) project through a public-private partnership…