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Xinhua world economic news summary at 0900 GMT, Jan. 14

MANILA -- 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, telecommunication infrastructure,.....»»

Category: newsSource:  manilanewsRelated NewsJan 14th, 2024

Xinhua world economic news summary at 0900 GMT, Jan. 14

MANILA -- 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, telecommunication infrastructure,.....»»

Category: newsSource:  philippinetimesRelated NewsJan 14th, 2024

Marcos Jr. approves military procurement ‘wish list’

Amid continuing maritime aggression by China, President Marcos has approved a $35-billion budget to modernize the Armed Forces of the Philippines with the Philippine Navy getting the largest chunk to strengthen capabilities in the West Philippine Sea......»»

Category: newsSource:  philstarRelated News7 hr. 20 min. ago

RTWPB-7 okays P500 wage hike for Kasambahays

LAPU-LAPU CITY, CEBU- A good news for domestic workers or kasambahays in Central Visayas. The Regional Tripartite Wages and Productivity Board (RTWPB-7) has approved a proposal to increase their monthly wages by P500. From a minimum wage of P5, 500 per month, those who are working in chartered cities and first class municipalities in the.....»»

Category: newsSource:  inquirerRelated NewsApr 27th, 2024

PNP revokes Quiboloy’s gun permits

According to Fajardo, PNP Chief Rommel Marbil has approved the recommendation to revoke Quiboloy's license to own and possess firearms which has been previously recommended by the PNP's Firearms and Explosives Office......»»

Category: newsSource:  philstarRelated NewsApr 27th, 2024

President Marcos OKs DepEd’s basic education plan, other measures

The National Economic and Development Authority (NEDA) Board, chaired by President Marcos, approved on Thursday three priority projects, including a medium-term basic education plan and a higher project cost for a world-class cancer center of the University of the Philippines-Philippine General Hospital (UP-PGH)......»»

Category: newsSource:  philstarRelated NewsApr 27th, 2024

Staying put

I am glad that our most trusted and approved top official remains at the helm of the Department of Education (DepEd). It is where Vice President Sara Duterte belongs......»»

Category: newsSource:  philstarRelated NewsApr 26th, 2024

NEDA OKs contract changes in UP-PGH Cancer Center PPP

The National Economic and Development Authority (NEDA) Board has approved the revised terms and cost of the Cancer Center public private partnership (PPP) project and two other initiatives intended to help accelerate the development of infrastructure and human capital......»»

Category: financeSource:  philstarRelated NewsApr 26th, 2024

Ecozone investments slip by 9% in 4 months

Total investments approved by the Philippine Economic Zone Authority reached nearly P30 billion in the first four months of 2024, a nine percent decline from P33.094 billion worth of projects cleared in the same period last year......»»

Category: financeSource:  philstarRelated NewsApr 22nd, 2024

BDO declares a property dividend of Treasury shares

BDO revealed that its board of directors approved the declaration of a property dividend of BDO Treasury shares that will result from the “eventual merger of BDO and SM Keppel Land Inc.”.....»»

Category: financeSource:  philstarRelated NewsApr 22nd, 2024

‘Provincial board OK’d salary of Eastern Samar contract workers’

The salary of contract of service (COS) and job order (JO) employees in Eastern Samar was in accordance with the rate approved by the Sangguniang Panlalawigan based on the provincial government’s budgetary capacity, according to Gov. Ben Evardone......»»

Category: newsSource:  philstarRelated NewsApr 20th, 2024

Xinhua world economic news summary at 1100 GMT, April 19

CAIRO -- The Egyptian cabinet approved on Thursday the establishment of a special free zone to manufacture, maintain, and export marine yachts to meet standards on par with those of Europe and other international counterparts, according to a government statement. The special free zone, named the Suez Canal Company for Modern Boats, will span 51,150 square meters south of Safaga town along the Red Sea coast, more.....»»

Category: newsSource:  manilanewsRelated NewsApr 19th, 2024

National anti-doping policy crafted

The House Committee on Youth and Sports Development has approved a proposed bill, establishing a national anti-dopping policy in Philippine sports......»»

Category: sportsSource:  philstarRelated NewsApr 18th, 2024

Foreign borrowings nearly halved in Q1

The public sector’s foreign borrowings approved by the Bangko Sentral ng Pilipinas went down by 48 percent to $2.87 billion in the first quarter from $5.56 billion recorded a year ago......»»

Category: financeSource:  philstarRelated NewsApr 15th, 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

OceanaGold listing moved to May 13

OceanaGold (Philippines) Inc. moved its stock market debut by six days to May 13 from its original plan of May 7 after the Philippine Stock Exchange (PSE) board approved the miner’s P7.88 billion listing recently......»»

Category: financeSource:  philstarRelated NewsApr 14th, 2024

BSP approves more changes to forex rules

The Bangko Sentral ng Pilipinas has approved more amendments to its regulations to further facilitate the access of authorized agent banks to foreign exchange resources and streamline documentary requirements, procedures as well as reporting......»»

Category: financeSource:  philstarRelated NewsApr 14th, 2024

NEDA Board okays Php 17.9 B worth of new projects

By Joann Santiago MANILA, Dec. 16 (PNA) — The National Economic Development Authority (NEDA) Board on Wednesday approved Php 17.9-billion worth of new projects. Presidential Communications Operations Office (PCOO) Secretary Herminio Coloma........»»

Category: newsSource:  philippinestodaRelated NewsApr 13th, 2024

Mt. Apo as geological monument hurdles City Council 2nd reading

THE 20th City Council approved on second reading the declaration of Mount Apo as a geological monument during its session on Tuesday, March 26, 2024, held at the Sangguniang Panlungsod......»»

Category: newsSource:  sunstarRelated NewsMar 28th, 2024