Subic Freeport sees more business, jobs with CREATE MORE Act

By E.H. Edejer | February 22, 2025 SUBIC BAY FREEPORT — The Subic Bay Metropolitan Authority (SBMA) expects to generate more investments and employment in this free port following the signing of the implementing rules and regulations (IRR) of Republic Act 12066, or the Corporate Recovery and Tax Incentives for Enterprises to Maximize Opportunities for… Read More Subic Freeport sees more business, jobs with CREATE MORE Act

P1.8-M payao program to ensure sufficient catch for Zambales fishers

By Henry Empeño | February 21, 2024 IBA, Zambales — With the continuing geopolitical tension at the West Philippine Sea (WPS) effectively curtailing fishing at the contested Scarborough Shoal or Bajo de Masinloc, the provincial government of Zambales has put up concrete solutions to sustain the livelihood of local fishermen. The latest local government initiative,… Read More P1.8-M payao program to ensure sufficient catch for Zambales fishers

Rice to cost P49 per kilo by March 1 – DA

By PCO | February 10, 2025 MANILA — Commercial rice prices are projected to drop to PhP49 per kilo by March 1, Agriculture Secretary Francisco Tiu Laurel announced on Monday. New stocks of rice are expected to arrive from Vietnam, Myanmar, or Cambodia, Laurel said during a Palace press briefing. He stressed that the Department… Read More Rice to cost P49 per kilo by March 1 – DA

Villanueva wants wage hike bill certified urgent

SENATOR Joel Villanueva is calling on the Marcos administration to certify the legislated wage hike bill as urgent, emphasizing the need to improve the standard of living for Filipino workers. Villanueva, who serves as Chairperson of the Senate Committee on Labor, Employment, and Human Resource Development, underscored that while the Philippine economy grew by 5.6%… Read More Villanueva wants wage hike bill certified urgent

Villanueva calls for review of bilateral agreements on OFW protection amid new deaths in Kuwait

SENATOR Joel Villanueva, principal author and sponsor of the Department of Migrant Workers Act, exhorted concerned government agencies to leave no stone unturned in the enforcement of laws to protect Overseas Filipino Workers (OFW) against maltreatment and abuse. The call was made on the heels of another possible deployment ban on OFWs to Kuwait amid… Read More Villanueva calls for review of bilateral agreements on OFW protection amid new deaths in Kuwait

Camp John Hay investments to soar to P10B under BCDA

Businesses begin outpour of investments in Baguio’s premier ecotourism destination FOLLOWING its successful recovery of Camp John Hay in Baguio City, the Bases Conversion and Development Authority (BCDA) is now moving forward with plans to unleash the full potential of this economic zone, with investments seen to reach Php10 billion. As its first order of… Read More Camp John Hay investments to soar to P10B under BCDA

Unemployment, underemployment drops in Nov 2024

THE Marcos administration’s multifaceted approach to strengthen the Philippine labor market paid off as unemployment and underemployment figures dropped in November last year. According to the National Economic Development Authority (NEDA), the labor market continues to be robust as indicated by the improved employment numbers.  “Our labor market remains robust, with consistently high employment rates… Read More Unemployment, underemployment drops in Nov 2024

Cayetano urges DPWH to ensure accountability and proper consultation on loan-funded projects

SENATOR Alan Peter Cayetano has urged the Department of Public Works and Highways (DPWH) to exercise greater accountability in handling government loans, citing the absence of clear legislative authority for certain loan-funded infrastructure projects.  During the recent deliberation for the proposed 2025 budget of the DPWH, Cayetano criticized the practice of government agencies contracting loans… Read More Cayetano urges DPWH to ensure accountability and proper consultation on loan-funded projects

14 Central Luzon LGUs among most competitive in PH

By Marie Joy S. Carbungco | November 29, 2024 CITY OF SAN FERNANDO, Pampanga — The Department of Trade and Industry (DTI) recognized a total of 14 local government units (LGUs) in Central Luzon that made it in the top 10 of the national ranks in the 2023 Cities and Municipalities Competitiveness Index (CMCI). DTI… Read More 14 Central Luzon LGUs among most competitive in PH

Villanueva questions low loan utilization amid delays in DOTr projects

SENATOR Joel Villanueva, Senior Vice Chairperson of the Senate Committee on Finance, raised concerns over the low loan utilization rate and project delays at the Department of Transportation (DOTr), calling into question the rationale behind taking out foreign loans if the agency is not yet ready or capable of implementing the projects. Villanueva highlighted the… Read More Villanueva questions low loan utilization amid delays in DOTr projects