The Economy

National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan underscores the importance of updating the economic provisions in the Constitution to attract more foreign direct investments (FDI) and help achieve the Philippine Development Plan (PDP) 2023-2028 targets toward inclusive growth. LEAN DAVAL JR

PH makes significant strides to foster innovation: DEPDev

The government initiated reforms to foster innovation across all sectors, a report released by the Department of Economy, Planning, and Development (DEPDev) showed. The 2024...

Globe blocks over 200K URLs of child sexual abuse, exploitation materials

A total of 248,552 URLs or web addresses containing child sexual abuse and exploitation materials have been barred by Globe Telecom’s filtering system in...

Fuel price rollback expected next week

Motorists can expect a welcome dip in fuel prices next week, with global oil market dynamics pointing to lower costs for petroleum products, according...

P3.8-M livestock grant to boost livelihood in Davao Oriental

The local government unit (LGU) of Tarragona, Davao Oriental received a livelihood package for layer chicken production worth PHP3.8 million from the Department of...

DTI-Davao Oriental ramps up price monitoring after quakes

The Department of Trade and Industry (DTI)-Davao Oriental has ramped up its price monitoring activities to ensure no abnormal price increases follow the recent...
OPEN FOR BUSINESS. John Cañete displays a huge traditional Filipino Christmas lantern which he sells for P750 each inside a makeshift store along Tionko Avenue in Davao City on Monday. Sales of lanterns and other decors are starting to pick up as Christmas Day is fast approaching. LEAN DAVAL JR.

Quality standards now up for ‘parol’

A Philippine National Standard (PNS) has been issued for parol (Philippine-made lanterns), protecting consumers and further lifting the quality of Filipino craftsmanship globally. The Department...
Newly employed contact agents undergo training at a call center company in Davao City pre-Covid pandemic. Some business process outsourcing (BPO) companies are willing to give up the fiscal incentives they are enjoying from the government just to adopt the work-from-home (WFH) arrangement, according to a group of BPO workers. Edge Davao

Private-public sector collab key to PH’s BPO leadership: exec

Collaboration among stakeholders from the Information Technology-Business Process Management (IT-BPM) sector, education, and the government backs the continued leadership of the Philippines in the...

Corruption issue starting to affect tax collection growth: DOF chief

Finance Secretary Ralph Recto on Tuesday admitted that corruption has dampened taxpayer sentiment, but he added that government collections are still manageable. Senate Finance Committee...

GSIS offers emergency loan for Davao quake victims

The Government Service Insurance System (GSIS) is ready to provide financial aid to government workers and pensioners in Davao Oriental and nearby provinces following...

BSP targets more measures to thwart money laundering

Philippine monetary authorities are studying the proposal to demonetize the PHP500 and PHP1,000 bills as a measure to prevent these from being used for...