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DOE releases Green Energy-3 notice of award

Manila, June 10 -- The Department of Energy (DOE) on Tuesday relased the notices of awards for the Green Energy Auction 3 (GEA-3). In a statement, DOE said that among the awarded technologies, impoun... Read More


FDI net inflows reach $498-M in March

Manila, June 10 -- Net inflows of foreign direct investments (FDIs) reached USD498 million in March this year, the Bangko Sentral ng Pilipinas (BSP) said. Data released on Tuesday showed that the rec... Read More


DOE, JICA partner for technical cooperation project on clean energy

Manila, June 10 -- The Department of Energy (DOE) and the Japan International Cooperation (JICA) partnered to advance the Philippines' clean energy goals through a three-year technical cooperation pro... Read More


DOF: EDSA rehab postponement sign of PBBM's responsive leadership

Manila, June 2 -- Finance Secretary Ralph Recto on Monday expressed support to President Ferdinand R. Marcos Jr.'s decision to put on hold the Epifanio de los Santos Avenue (EDSA) rehabilitation proje... Read More


Recto vows to ensure gov't financial institutions' good fiscal footing

Manila, June 2 -- The Department of Finance (DOF) is ensuring the sound fiscal health of government financial institutions (GFIs) by regularly convening the Asset Liability Management Committee (ALCO)... Read More


PH-World Bank partnership aligned with PBBM goals for growth

Manila, June 2 -- The 2026-2031 Country Partnership Framework (CPF) recently approved by the World Bank Group (WBG) aligns closely with President Ferdinand R. Marcos Jr.'s development agenda focused o... Read More


BPI's P10 reduced InstaPay fee now permanent

Manila, June 2 -- Bank of the Philippines (BPI) said the PHP10 reduced InstaPay transfer fee will become a permanent feature for inter-bank fund transfers made through the BPI app and BPI online. Thi... Read More


Recto secures P15-B from France to accelerate PH climate actions

Manila, June 2 -- Finance Secretary Ralph Recto secured 250 million euros (PHP15.79 billion) concessional funding from France, through the Agence Francaise De Developpement (AFD), to help advance the ... Read More


Trade gap narrows in April

Manila, May 30 -- The country's trade deficit narrowed by over 26 percent in April this year as exports grew while imports declined. Data released by the Philippine Statistics Authority (PSA) on Frid... Read More


Producer price index growth slows in April

Manila, May 30 -- The growth of the producer price index (PPI) for manufacturing slowed to 0.1 percent in April this year from 0.6 percent in March, the Philippine Statistics Authority (PSA) said Frid... Read More