Business

EDD now offers direct deposit for unemployment, disability and Paid Family Leave benefits.

Ang Direktang Deposito ay Magagamit na Ngayon para sa Kawalan ngTrabaho, Kapansanan, at Bayad na Pagliban na Pampamilya ngBenepisyong Pagbayad Maaaring piliin ng mga customer ng EDD ang pinaka-maginhawang opsyon sapagbabayad para sa kanilang mga pangangailangan Anong kailangan mong malaman:…

Farmers’ groups seek ouster of NEDA chief over reduced rice imports tariff

MANILA –  Various farmers’ groups are demanding the immediate resignation of Socioeconomic Planning Secretary Arsenio Balisacan after the National Economic and Development Authority (NEDA) Board approved the lower tariff on imported rice from 35 percent to 15 percent, in a bid allegedly…

Investors, tourists invited to PHL; Banatao honored

UNION CITY, California – The Philippines is wide open to investments and tourists. This in gist was emphasized by the Philippine Consulate General in San Francisco during a networking lunch for the Philippine Chamber of Commerce and Industry (PCCI) and Philippines-US Economic…

The Outsider (Melandrew T. Velasco): PAGCOR’s Al Tengco: Executive of the Year

In the reputable world of global gaming, a nomination for the “Executive of the Year Award” is enough for a fantastic achievement in itself.    These remarks came from one of the organizers of a prestigious award-giving event held on June 4 at…

Peso extends losing streak, hits fresh 19-month low at 58.71:$1

MANILA – The Philippine peso depreciated against the US dollar for the second straight trading day on Tuesday, June 4, to carve a fresh 19-month low, ahead of the release of local economic data later this week. The local currency…

World Bank expects further PHL economic growth until 2026

TAGUIG CITY – Philippine economic growth is expected to increase by an average of 5.9 percent between 2024 and 2026, driven by the strong domestic demand and pickup in global growth, according to the World Bank. In its Philippines Economic Update…

Bohol governor, 68 others suspended for Chocolate Hills mess

QUEZON CITY/TAGBILARAN CITY –The office of the Ombudsman has placed Bohol Gov. Erico Aumentado and 68 other officials under preventive suspension for six months in connection with the investigation into structures at the Chocolate Hills, a protected area and geological…

TPLEx extension, 124 PPP projects worth P3 trillion lined up

BAGUIO CITY – The Public-Private Partnership (PPP) Center currently has 125 projects worth P3 trillion in the pipeline. Of the 125 PPP projects, the P23.40 billion Tarlac-Pangasinan-La Union Expressway (TPLEX) extension project is in the most advanced stage. The 59.4-kilometer four-lane…

Philippine peso steady at P58 against US dollar, drags local bourse

 By Jeanne Michael Penaranda MANILA — The  Philippine peso fell on Tuesday to a new low of P58.27 against the US dollar, dragging the local shares from the gains during previous day’s trading. The peso maintained at P58 level to…

PHL debt declines by 1.67% to P14.93 trillion in March

MANILA – The national government’s total outstanding debt decreased by 1.67 percent to P14.93 trillion as of end-March this year due to the net redemption of domestic government securities. In a statement, the Bureau of the Treasury (BTr) said of…