Lawmakers eye BSP profits as wealth fund source
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Philippine lawmakers are looking to tap central bank profits to seed a proposed sovereign wealth fund, after an earlier plan to use…
‘Halalan 2022’ tops Google searches in the PHL
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REUTERS Presidential elections drove this year’s Google searches in the Philippines as “Halalan 2022” topped the overall list of trending searches and…
Jobless rate back to pre-pandemic level
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Men and women line up during a job fair held inside a covered court in Tondo, Manila, Nov. 21. — PHILIPPINE STAR/…
NG debt hits record P13.6 trillion as of end-Oct.
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THE NATIONAL GOVERNMENT’S (NG) outstanding debt hit a record high of P13.64 trillion as of end-October, driven by more domestic and foreign…
Factory output rises for 5th month in a row
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REUTERS MANUFACTURING rose for a fifth straight month in October, reflecting the continued reopening of the Philippine economy, analysts said. Preliminary results…
LGUs urged to prioritize agriculture spending
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A Filipina farmer works at a rice field in Pinamalayan, Oriental Mindoro, March 27, 2018. — REUTERS LOCAL GOVERNMENT UNITS (LGUs) are…
Higher power rates seen on ceased 670-MW supply
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PHILIPPINE STAR/ MICHAEL VARCAS MANILA ELECTRIC Co. (Meralco) is negotiating with power generation companies to source 670 megawatts (MW) that a unit…
SEC warns public against OTCJKE, APower
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THE Securities and Exchange Commission (SEC) has warned the public against the illegal solicitation of two investment-taking entities — OTCJKE and APower…
ADB extends $40-M loan to build telco towers for southern areas
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DAVID ARROWSMITH-UNSPLASH TIGER Infrastructure Philippines, Inc. has secured a $40-million loan from the Asian Development Bank (ADB) to fund the construction of…
Being green comes naturally to Glenfiddich
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WHEN your product takes years to create and is dependent on such ingredients as crystal clear water, sustainability is assuredly part of…