CEBU property developer and hotel operator AppleOne Group, Inc. said it is planning to expand to capitalize on the tourism industry’s recovery. AppleOne said in a statement on Thursday that…
Category:
Economy
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THE Philippine smartphone market declined 11% in the first quarter to 3.5 million units shipped, International Data Corp. (IDC) said. “Market conditions remained difficult as core inflation continued to rise…
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By John Victor D. Ordoñez, Reporter THE GOVERNMENT needs to work on domestic job creation to ensure a “robust” economy, particularly in manufacturing, which is seen as the surest path…
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THE PHILIPPINES is seeking a $400-million loan from Asian Infrastructure Investment Bank (AIIB) to fund upgrades to digital services in order to expand inclusion, the Beijing-based bank said. “The project…
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LEGISLATORS have filed a House bill seeking to raise the competitiveness of the onion industry using funding generated by import tariffs, after the chamber’s agriculture committee found evidence of hoarding,…
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MANULIFE Investment Management and Trust Corp. (Manulife IM Philippines) expects inflation to recede within the government’s 2-4% target band by the fourth quarter, due to the high year-earlier base. However,…
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THE National Dairy Authority (NDA) has set aggressive growth targets equivalent to 80 million liters per year until 2028, but cited the need for more funding to correct the industry’s…
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THE Japan Bank for International Cooperation (JBIC) has expressed interest in finding Philippine partners to develop gas and renewables projects, the Palace said. The bank’s interest was conveyed during JBIC…
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THE Metropolitan Waterworks and Sewerage System (MWSS) said it expects no water supply interruptions in June after receiving an additional water allocation from the National Water Resources Board (NWRB). “We…
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THE Department of Transportation (DoTr) said Hector A. Villacorta, assistant secretary for communications and community affairs, has been designated officer-in-charge (OIC) of the Land Transportation Office (LTO). The OIC announcement…