Friday, April 27, 2018

The Economy

PRICE HIKE. A rice retailer prepares five kilograms of commercial rice for a customer at Agdao Public Market in Davao City on Thursday. The prices of commercial rice in the city’s leading public markets increased by P1 per kilo which is interpreted by experts as a domino effect of ‘Tax Reform for Acceleration and Inclusion’ (TRAIN) weeks after the government implemented it. LEAN DAVAL JR

Davao City to step up rice prices monitoring

Mayor Sara Duterte-Carpio over the weekend said Davao City is poised to step up monitoring of the prices non-NFA rice in the market amid...

LGUs asked to push Boracay alternatives

Presidential Spokesperson Harry Roque asked the local governments in Eastern Visayas (Region 8) to submit a list of alternative tourist destinations in light of...
UNBENDING. President Rodrigo Duterte, in his speech during the launching of the Malasakit Program at the Vicente Sotto Memorial Medical Center in Cebut City on Monday, reiterates that he will not tolerate corrupt practices during his term. PRESIDENTIAL PHOTO

Duterte to decide on  ‘fate’ of NFA Council

Will the National Food Authority (NFA) Council be abolished or not? Presidential Spokesperson Harry Roque said it was best to wait for President Rodrigo...
Finance Secretary Carlos Dominguez III / DOF Photo

Panda bond issue shakes up international market

The Philippines’ inaugural issue of Panda bonds last March 20 shook up the renminbi-denominated market with an “exceptionally tight debut” that marked the largest...

DOT: some MisOr resorts ‘encroach’ on no-build zones

Government agencies have taken their own steps to check on the state of beach resorts in Northern Mindanao amid the crackdown on environmental violators...
Edge Davao

LTFRB wary on order to allow Uber operation

The Land Transportation Franchising and Regulatory Board (LTFRB) has expressed concern that the order of the Philippine Competition Commission (PCC) for ride-sharing firms Uber...
NIGHT VIEW. Photo shows a night view of new high-rise buildings in Davao City that tower over the downtown area along C.M. Recto Avenue. Construction boom in the city is expected to continue its upswing trend in the incoming year due to President Duterte’s appeal to big domestic and foreign investors. LEAN DAVAL JR.

Mindanao’s growth to drive RP progress

The growth and development of Mindanao could drive the country’s full progress if the government and other stakeholders succeed in unlocking the region’s potentials. This...

More Jollibee workers to be regularized: DOLE

The Department of Labor and Employment (DOLE) expects more Jollibee Foods Corporation (JFC) employees to be regularized soon. “On a nationwide basis, you can think...
Edge Davao

ICC pushes two projects for NEDA board’s okay

The Investment Coordination Committee approved on March 28 the Bulacan International Airport Project and the Davao Food Complex for final approval of the NEDA...
Edge Davao

DTI optimistic with auto industry’s growth

The Department of Trade and Industry maintains a positive outlook of the country’s automotive industry. Board of Investments (BOI) Executive Director Ma. Corazon Halili-Dichosa said...

WEATHER UPDATE