PHL Congress launches unified website for better transparency 

THE PHILIPPINE Congress launched on Thursday a unified website that contains all information related to the House of Representatives and the Senate for easier access to all legislative matters and improve transparency.   At the launching ceremony, House Majority Leader and Zamboanga City Rep. Manuel Jose M. Dalipe said the portal — www.econgress.gov.ph — could be […]

Peso drops on hawkish remarks from US Federal Reserve chair

THE PESO weakened against the dollar on Wednesday due to hawkish remarks from US Federal Reserve Chair Jerome H. Powell. The local currency closed at P55.32 versus the greenback on Wednesday, down by 32 centavos from Tuesday’s P55 finish, data from the Bankers Association of the Philippines’ website showed. The peso opened Wednesday’s trading session […]

PSEi up on last-minute buying, positive sentiment

THE MAIN INDEX closed in the green on Wednesday on last-minute buying and improved market sentiment as inflation eased slightly in February. The benchmark Philippine Stock Exchange index (PSEi) increased by 6.37 points or 0.09% to close at 6,711.49 on Wednesday, while the broader all shares index declined by 4.55 points or 0.12% to end […]

Philippines told to stand up to increasing Chinese aggression

SECURITY experts on Wednesday urged the government of President Ferdinand R. Marcos, Jr. to stand up against escalating Chinese aggression in the South China Sea and engage in united response with allies. “The best way to address Chinese gray zone activities in the West Philippine Sea is to expose it,” Philippine Coast Guard spokesman Jay […]

Philippine driver strike spurs review of modernization plan

PHILIPPINE transport groups aborted a plan for a week-long strike after the government of President Ferdinand R. Marcos, Jr. agreed to revise its modernization plan and the phaseout of traditional public utility vehicles. Manibela President Mar S. Valbuena and Piston President Modesto Floranda on Tuesday night met with Presidential Communications Office (PCO) chief Cheloy Velicaria-Garafil […]

Marcos: Oil spill cleanup to take less than 4 months

PHILIPPINE President Ferdinand R. Marcos, Jr. on Wednesday said the government aims to clean up the 800,000-liter oil spill from a tanker that sank in the waters of Oriental Mindoro last week in less than four months. “It took four months to clean up the Guimaras oil spill,” he told reporters on the sidelines of […]

Butuan Airport’s bigger passenger building completed 

THE EXPANDED terminal building of the Butuan Airport in southern Philippines was formally opened on March 8, increasing its capacity to 616 passengers from only 248.  “This is in line with the goal to provide locals and tourists with safer journeys to the different parts of the country,” Civil Aviation Authority of the Philippines Director […]

Women workers raise gaps on job opportunities, minimum wage 

A COALITION of women workers’ organizations on Wednesday raised the lack of job opportunities and inadequate minimum wages in the Philippines as the world observed International Women’s Day.    The Women Workers United (WWU), composed of six groups, cited that “7 in 10 Filipinos — mostly women — are being driven into informal, precarious work” while […]

Agri department withdraws guidelines for conducting trials on new fertilizers

THE Department of Agriculture has withdrawn the guidelines for conducting bioefficacy trials on new fertilizer products, an apparent first step in easing the approval process for new types of fertilizer. In a department circular, Agriculture Senior Undersecretary Domingo F. Panganiban ordered the revocation of guidelines issued by former Agriculture Secretary William D. Dar in February […]

World Bank backs safety nets to build climate resilience

SOCIAL protection measures like cash support programs are needed to build climate resilience, especially in at-risk countries like the Philippines, the World Bank said in a blog post. “Adapting cash support programs after a disaster requires careful targeting and understanding of disaster-affected population needs. Making social protection programs more flexible while incorporating reliable mechanisms for […]