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BSP keeps policy rates anew
By Joann Santiago MANILA, Dec. 17 (PNA) -- Philippine monetary officials on Thursday maintained the Bangko Sentral ng Pilipinas' (BSP) key rates after noting that inflation dynamics and risks to…
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NEDA cuts PHL additional rice import for 2016 by 25%
By Leslie D. Venzon MANILA, Dec. 17 (PNA) -- The government will reduce by roughly one-fourth its planned additional volume of rice imports for the first semester of 2016 meant…
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DA cites serious implications of banning genetically modified products
By Kris M. Crismundo MANILA, Dec 17 (PNA) -- The Department of Agriculture Biotechnology Advisory Team (DA-BAT) has cited serious implications of the Supreme Court’s (SC) decision of banning “the…
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BBL is not yet dead – Drilon
By Jelly F. Musico MANILA, Dec. 17 (PNA) – The Senate may not be able to pass the substitute bill of the Bangsamoro Basic Law (BBL) this year but it…
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Comelec recognizes Duterte’s CoC for president
By Ferdinand G. Patinio MANILA, Dec. 17 (PNA) -- The name of the Davao City Mayor Rodrigo Duterte will be included in the list of candidates for the May 2016…
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NEDA chief sees 2015 growth at 6% despite typhoons
By Leslie D. Venzon MANILA, Dec. 17 (PNA) -- The government is optimistic about achieving its target economic growth of 6.9 percent in the fourth quarter despite the devastation wrought…
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House of Representatives ratifies bicam report on P3.002-T national budget for 2016
MANILA, Dec. 17 (PNA) -- The House of Representatives assured there will be no reenactment of this year’s national budget by ratifying Wednesday night the bicameral conference committee report on…
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Cebu-based developer invests PHP430M to build 709 townhouse units in north Cebu town
CEBU CITY, Dec. 17 (PNA) -- Cebu-based developer Primary Homes Inc. (PHI) is investing PHP430 million to build 709 townhouse units in its 5.4-hectare property in Poblacion, Compostela town in…
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City gov’t eyes P75-M income from economic enterprise
ILOILO CITY, Dec. 17 (PNA) -- Admitting to falling short of their around P70-million target collection for this year, the head of the Local Economic Enterprise Office (LEEO) of the…
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Baguio City LGU presents traffic plan for holiday season
BAGUIO CITY, Dec. 17 (PNA) -- Baguio City Mayor Mauricio Domogan on Thursday said that a traffic scheme has been prepared to respond to the projected influx of tourists during…
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DTI opens ‘Negosyo Center’ in Isabela City
ZAMBOANGA CITY, Dec. 17 (PNA) -– The Department of Trade and Industry (DTI) is launching Friday the “Negosyo Center” in Isabela City, the capital of Basilan province. Basilan Gov. Jum…
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San Fernando City centenarians receive P100,000 each as Christmas gift
SAN FERNANDO CITY, La Union, Dec. 17 (PNA) -- The city government made Christmas merrier for four centenarians here when it gifted them with P100,000 each during the Christmas program…
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Nueva Ecija submerged in floods; Thursday classes suspended
By Zorayda S. Tecson GAPAN CITY, Nueva Ecija, Dec. 16 (PNA) -- Governor Aurelio Umali on Wednesday announced the suspension of classes in all levels, both in public and private,…
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NEDA Board okays Php 17.9 B worth of new projects
By Joann Santiago MANILA, Dec. 16 (PNA) -- The National Economic Development Authority (NEDA) Board on Wednesday approved Php 17.9-billion worth of new projects. Presidential Communications Operations Office (PCOO) Secretary…
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Malacanang exec says gov’t still have funds for relief, rehab efforts
By Joann Santiago MANILA, Dec. 16 (PNA) -- A Palace official on Wednesday said the government continues to have budgetary provisions to address needs of calamity victims. In a briefing,…
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PHL stocks bounce back to 6,800 on Wall Street rally
By Leslie D. Venzon MANILA, Dec. 16 (PNA) -- Philippine shares bounced back to the 6,800-territory on thin volume Wednesday, buoyed by Wall Street’s rally, despite expectations of higher interest…
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‘We are running out of time to pass BBL,’says Marcos
By Jelly F. Musico MANILA, Dec. 16 (PNA) – Senator Ferdinand ‘Bongbong’ Marcos on Wednesday admitted that the Senate as well as House of Representatives has been running out of…
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