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NEWS BRIEFS | Misamis Oriental Updates, 31 January 2024

P12.75 billion ok’d for Laguindingan airport expansion The National Economic Development Authority (NEDA) said it approved the expansion of Laguindingan Airport in Misamis Oriental, which has become the most overcrowded airport in the region. NEDA Secretary Arsenio Balisacan approved the “parameters, terms, and conditions of the upgrade of the airport,” Mindanao’s second busiest airport. The […].....»»

Category: newsSource:  mindanewsRelated NewsFeb 4th, 2024

Philippines approved investment projects up 73 pct in 2023

MANILA, Jan. 14 (Xinhua) -- The approved investment projects in 2023 amounted to 1.26 trillion pesos (roughly 22.5 billion U.S. dollars) in 2023, 73 percent higher than in 2022, Philippine Department of Finance (DOF) said Sunday. Citing an updated report of Board of Investments (BOI), the DOF said in a press release that the approved investments comprised 311 projects, mainly on renewable energy, telecommunicati.....»»

Category: newsSource:  manilanewsRelated NewsJan 14th, 2024

Philippines approved investment projects up 73 pct in 2023

MANILA, Jan. 14 (Xinhua) -- The approved investment projects in 2023 amounted to 1.26 trillion pesos (roughly 22.5 billion U.S. dollars) in 2023, 73 percent higher than in 2022, Philippine Department of Finance (DOF) said Sunday. Citing an updated report of Board of Investments (BOI), the DOF said in a press release that the approved investments comprised 311 projects, mainly on renewable energy, telecommunicati.....»»

Category: newsSource:  philippinetimesRelated NewsJan 14th, 2024

Marcos approves release of P9.7 billion unprogrammed funds for DPWH projects

President Marcos has approved the release of P9.7 billion from the unprogrammed funds for public works and road repair whose original budget was slashed and included in the P60 billion in last-minute insertions in the 2024 national budget by some members of the House of Representatives......»»

Category: newsSource:  philstarRelated NewsFeb 20th, 2024

Arthaland board approves P3-B preferred shares sale

The Arthaland board of directors approved a follow-on offering of up to P3 billion worth of preferred shares at P500/share......»»

Category: financeSource:  philstarRelated NewsApr 15th, 2024

San Miguel board approves P20-B bond issuance

San Miguel disclosed that its board of directors has approved a P20 billion issuance of fixed-rate Peso-denominated bonds......»»

Category: financeSource:  philstarRelated NewsApr 15th, 2024

Union Bank board approves P10-B stock rights offering

The board of directors of Union Bank approved a plan to conduct a stock rights offering to raise up to P10 billion to “fund the capital infusion to UnionDigital” and for “projected retail loan availments”......»»

Category: financeSource:  philstarRelated NewsJan 30th, 2024

Cebu Landmasters board approves P5-B preferred shares offering

Cebu Landmasters announced that its board of directors approved a measure to sell up to P5 billion worth of its Series A preferred shares in an upcoming follow-on offering......»»

Category: financeSource:  philstarRelated NewsJan 10th, 2024

Trabaho Para sa Bayan Act Implementing Rules Now Inked

The Inter-Agency Council Trabaho Para sa Bayan Act (TPB-IAC) officially signed the implementing rules and regulations (IRR) on March 12, 2024, at the NEDA Central Office in Mandaluyong. The Trabaho Para sa Bayan Plan Act or Republic Act 11962 implementing rules was signed by was signed by National Economic and Development Authority (NEDA) Secretary Arsenio […].....»»

Category: newsSource:  metrocebuRelated NewsMar 15th, 2024

Near-target 2023 GDP growth acceptable amidst economic challenges – Neda chief

INQUIRER/ MARIANNE BERMUDEZ MANILA, Philippines — The country’s chief socioeconomic planner, Secretary Arsenio Balisacan of the National Economic and Development Authority (Neda), said that a 2023 economic growth slightly lower than the previous year’s 7.6 percent but near the government’s 6 to 7 percent target range would be considered acceptable, given the challenges faced by the.....»»

Category: newsSource:  inquirerRelated NewsJan 29th, 2024

NEDA Chief: More reforms needed to unlock full benefits of Cha-cha

MANILA, Philippines  —Socioeconomic Planning Secretary Arsenio Balisacan on Saturday reiterated his support for the proposed amendments particularly to the restrictive economic provisions of the Constitution. Those changes, the National Economic and Development Authority (Neda) chief said in a statement, are crucial for the economic advancement and competitiveness of the Philippines. Balisacan issued the statement to.....»»

Category: newsSource:  inquirerRelated NewsJan 27th, 2024

175 power projects cleared for system impact studies

A total of 175 power generation projects have been cleared by the Department of Energy to conduct system impact studies with the National Grid Corp. of the Philippines in 2023......»»

Category: financeSource:  philstarRelated NewsJan 17th, 2024

2 board members to Daluz-led board: We’re still here

2 board members to Daluz-led board: We’re still here.....»»

Category: newsSource:  sunstarRelated NewsFeb 27th, 2024

PNP approves new policy mandating removal of tattoos among personnel

PNP approves new policy mandating removal of tattoos among personnel.....»»

Category: newsSource:  sunstarRelated NewsApr 22nd, 2024

Monetary Board approves $2.87B in foreign loans for public sector in Q1 2024

Monetary Board approves $2.87B in foreign loans for public sector in Q1 2024.....»»

Category: newsSource:  sunstarRelated NewsApr 15th, 2024

House approves bill seeking revocation of SMNI’s franchise

House approves bill seeking revocation of SMNI’s franchise.....»»

Category: newsSource:  sunstarRelated NewsMar 21st, 2024

Peza approves P14.951B investments from January to March

Peza approves P14.951B investments from January to March.....»»

Category: newsSource:  sunstarRelated NewsMar 17th, 2024

Senator approves measure seeking medical use of marijuana

Senator approves measure seeking medical use of marijuana.....»»

Category: lifestyleSource:  abscbnRelated NewsFeb 28th, 2024

Marcos approves adoption of 10-year Maritime Industry Development Plan

Marcos approves adoption of 10-year Maritime Industry Development Plan.....»»

Category: newsSource:  sunstarRelated NewsFeb 13th, 2024

House committee approves measure seeking to ban Pogo in PH

House committee approves measure seeking to ban Pogo in PH.....»»

Category: newsSource:  sunstarRelated NewsFeb 12th, 2024