The Economy

The Economy

DPWH prepares for Independence Day opening of Sta Monica-Lawton Bridge

The Department of Public Works and Highways (DPWH) will soon open a new road network passing business and industrial hubs of Pasig City, Makati City and Taguig City in a…

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The Economy

Board of Investments approves agriculture and power projects worth P2.8B, to boost the growth of the resource-based sectors

The Board of Investments (BOI) recently approved the registration of two agriculture projects and one renewable energy (biomass) project worth a total of P2.8B. These are Axelum Resources Corporation’s P270M…

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The Economy

BGC-Ortigas link road nears completion, targets June 2021 opening

Ongoing works of the Department of Public Works and Highways (DPWH) at the Bonifacio Global City to Ortigas Center Road Link Project has made quite a lot of progress, and…

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The Economy

Taiwanese businessmen see rosy investments prospects in the Philippines, confident in “Making It Happen” in the Philippines to further grow their businesses

Top-ranking Taiwanese executives with extensive business and manufacturing operations in the Philippines expressed their strong confidence in continuing to choose and “Make It Happen” in the Philippines to further grow…

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The Economy

Guidelines for payments options on the purchase of consumer products and services issued by the Department of Trade and Industry

To ensure consumers’ access to various modes of payment on their purchase of products and services, the Department of Trade and Industry (DTI) issued the Department Administrative Order (DAO) No.…

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The Economy

Overseas Filipino personal remittances rises by 5.3%—mainly from the USA and Singapore

Personal remittances from overseas Filipinos amounted to US$2.761 billion in February 2021, higher by 5.3% than the recorded figure in February 2020 of US$2.623 billion. The increase in personal remittances…

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The Economy

Binondo-Intramuros Bridge On Track for 2021 Opening

Department of Public Works and Highways Secretary Mark A. Villar announced that the Binondo-Intramuros Bridge is on track to be completed this 2021 amidst present pandemic situation. Secretary Mark A.…

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The Economy

Bureau of Customs partners with USAID for the NSW Public Awareness Campaign

The Bureau of Customs and the USAID ASEAN Policy Implementation (API) project on April 6, 2021 discussed further plans to develop a Public Awareness Campaign on the National Single Window…

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The Economy

PH, USTDA inked the grant for the Metro Cebu Intelligent Transportation System (MCTIS) master plan

Department of Transportation (DOTr) Secretary Arthur P. Tugade and Department of Finance (DOF) Secretary Carlos Dominguez III virtually signed the Grant for the Metro Cebu Intelligent Transportation System (MCITS) Master…

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The Economy

SMC to speed up work on Skyway Extension

Following the opening of the Skyway Extension’s four-kilometer northbound section to the public, San Miguel Corporation (SMC) said construction of the project’s southbound section will advance and move at a…

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The Economy

Megawide to start construction of Malolos-Clark Railway project

Megawide Construction Corporation is preparing to start construction for phase 1 of Malolos-Clark Railway (MCR) project in the second quarter of the year. The company believes that the government’s roll-out…

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The Economy

500K jobs estimated to return under MECQ

As NCR Plus — National Capital Region, Bulacan, Cavite, Laguna, and Rizal returns to the less stringent modified enhanced community quarantine (MECQ), the Department of Trade and Industry (DTI) estimated…

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The Economy

Development Bank of the Philippines extends P6.13-B loan to Covid-hit businesses

The Development Bank of the Philippines (DBP) has extended PHP6.13 billion in loans to enterprises badly hit by the economic shock of the coronavirus disease 2019 (Covid-19) pandemic and earmarked…

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The Economy

Philippine Economic Zone Authority online job fair continues amid pandemic

To fulfill its mandate of generating jobs and other economic opportunities, Philippine Economic Zone Authority (PEZA) has partnered with WorkBank Philippines Inc. to make job vacancies easily accessible to Filipinos…

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The Economy

Business confidence more upbeat for the first half of 2021 and the next 12 months

Sentiment of business owners improved for the second consecutive quarter. The overall confidence index (CI) for Q1 and Q2 both posted increases from previous quarter survey results, indicating greater optimism…

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The Economy

Philippines and India to tap new trade and investment opportunities

Department of Trade and Industry (DTI) Secretary Ramon Lopez pushed for further strengthening of the Philippines and India’s trade and investment relationship during the virtual courtesy call of India Ambassador…

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The Economy

Northbound Skyway Extension now structurally complete

San Miguel Corporation (SMC) is set to fulfill its commitment to the public of providing a long-term solution to years of worsening traffic on the South Luzon Expressway (SLEX) approaching…

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United States and Korea Partner to Advance Development Priorities in the Philippines

The leading development agencies of the United States and the Republic of Korea on Wednesday, April 7, signed a Memorandum of Understanding (MOU) to advance development cooperation in the Philippines.…

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The Economy

Remittances, improved external demand to fuel Philippines’ economic recovery

The continued expansion of money being sent back home to the Philippines by overseas Filipino workers along with marked improvement of external demand are projected to fuel the domestic economy’s…

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The Economy

Estrella-Pantaleon bridge fastrack for completion in June 2021

Targeted for completion by this second quarter of 2021, the P1.46 Billion new Estrella-Pantaleon Bridge can accommodate 50,000 vehicles daily and cut travel time between cities of Mandaluyong and Makati…

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DPWH prepares for Independence Day opening of Sta Monica-Lawton Bridge

Board of Investments approves agriculture and power projects worth P2.8B, to boost the growth of the resource-based sectors

BGC-Ortigas link road nears completion, targets June 2021 opening

Taiwanese businessmen see rosy investments prospects in the Philippines, confident in “Making It Happen” in the Philippines to further grow their businesses

Guidelines for payments options on the purchase of consumer products and services issued by the Department of Trade and Industry

Overseas Filipino personal remittances rises by 5.3%—mainly from the USA and Singapore

Binondo-Intramuros Bridge On Track for 2021 Opening

Bureau of Customs partners with USAID for the NSW Public Awareness Campaign

PH, USTDA inked the grant for the Metro Cebu Intelligent Transportation System (MCTIS) master plan

SMC to speed up work on Skyway Extension

Megawide to start construction of Malolos-Clark Railway project

500K jobs estimated to return under MECQ

Development Bank of the Philippines extends P6.13-B loan to Covid-hit businesses

Philippine Economic Zone Authority online job fair continues amid pandemic

Business confidence more upbeat for the first half of 2021 and the next 12 months

Philippines and India to tap new trade and investment opportunities

Northbound Skyway Extension now structurally complete

United States and Korea Partner to Advance Development Priorities in the Philippines

Remittances, improved external demand to fuel Philippines’ economic recovery

Estrella-Pantaleon bridge fastrack for completion in June 2021

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