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P50-B projects await presidential approval, says gov't economist

Manila, March 30 -- Several projects, each worth over PHP50 billion, are awaiting the approval of President Ferdinand R. Marcos Jr., including one from Korean technology giant Samsung. Special Assist... Read More


Bill cutting stock transaction taxes up for PBBM's signing

Manila, March 29 -- Special Assistant to the President for Investments and Economic Affairs Frederick Go said Friday the Capital Markets Efficiency Promotion Act is being transmitted to the Office of ... Read More


DOE: Save electricity as natural gas plants shut down

Manila, March 28 -- The Department of Energy (DOE) urged consumers in Luzon to conserve electricity this week as there will be a scheduled shutdown of natural gas facilities in the next three days. T... Read More


PEZA to host PH's first US-FDA certified pharma manufacturer

Manila, March 28 -- The Philippine Economic Zone Authority (PEZA) said Friday that a new ecozone in Tarlac will host the country's first manufacturing facility certified by the United States Food and ... Read More


Bargain hunting lifts PSEi, peso flat on Friday

Manila, March 28 -- Local shares gained on the last day of trading for the week, while the peso ended flat against the US dollar. Both the Philippine Stock Exchange index (PSEi) and the broader All S... Read More


Residential property prices up in Q4 2024

Manila, March 28 -- Nationwide residential property prices in the fourth quarter of 2024 increased to 6.7 percent, a turnaround from a 2.3 percent contraction in the third quarter of the same year, th... Read More


DTI, TikTok Shop partner to give MSMEs e-commerce training

Manila, March 28 -- The Department of Trade and Industry (DTI) and TikTok Shop on Friday signed a memorandum of understanding (MOU) to equip micro, small, and medium enterprises (MSMEs) tools and skil... Read More


Renewable energy firm secures Albay onshore wind project

Manila, March 27 -- Alternergy Holding Corp. has secured a Certificate of Authority (COA) from the Department of Energy (DOE) to develop a new onshore wind power project in the province of Albay. Alt... Read More


JG Summit banking on easing inflation to drive 2025 revenues

Manila, March 27 -- JG Summit Holdings, Inc., Gokongwei family's listed holding company, is banking on the expected easing of inflation to drive revenue growth this year. JG Summit reported Thursday ... Read More


Shares back in the red, peso strong vs. dollar

Manila, March 27 -- Local shares reversed its path Thursday after gaining in the previous trading, while the peso ended strong against the US dollar. The Philippine Stock Exchange index (PSEi) fell 0... Read More