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P52B already spent on Yolanda rehab, says DBM

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florencio-abad

The government already disbursed a total of P52 billion to fund efforts to rehabilitate the communities devastated by Supertyphoon “Yolanda” exactly a year ago, according to the Department of Budget and Management (DBM).

Posted: November 8th, 2014 in Headlines,Latest Business Stories | Read More »

Gov’t posted P5.2-B budget deficit in September

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The Department of Finance (DOF) on Wednesday reported that the government posted a budget deficit of P5.2 billion last September—a reversal of the surplus recorded in August.

Posted: October 30th, 2014 in Headlines | Read More »

With funds OKd, gov’t all set to take over MRT-3

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The Department of Transportation and Communications is proceeding with the full takeover of the Metro Rail Transit Line 3 via an estimated P54-billion equity value buy-out plan at the start of 2015, a senior government official said on Thursday.

Posted: October 17th, 2014 in Headlines | Read More »

Troubled traders seek additional funding

Sergio R. Ortiz-Luis Jr., president of the Philippine Exporters Confederation

Philippine exporters are seeking bigger funding from the government for product development and export promotions, to enable local enterprises to become more competitive in the global market.

Posted: September 27th, 2014 in Headlines,Latest Business Stories | Read More »

Gov’t nearly balanced budget as it spent less in July

The Department of Trade and Industry has stepped up its monitoring efforts amid speculations that prices of basic necessities and prime commodities have spiked as a result of the continued congestion at the port of Manila. INQUIRER FILE PHOTO

The government failed to sustain the rise in spending in July, fueling concerns over the state’s ability to boost growth amid climbing interest rates and rising consumer prices.

Posted: August 30th, 2014 in Headlines,Latest Business Stories,Money | Read More »

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  • Entertainment

  • The transformation of Timmy Cruz
  • Revisiting ‘Penthouse Live’
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  • Bill threatens PH commercial fishing sector
  • Technology

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  • Netizens cheer Pacquiao win, tell Mayweather ‘you’re next’
  • Facebook ‘newspaper’ spells trouble for media
  • Biotechnology for a better life for Filipinos explained
  • App linking overseas Filipinos to homeland launched in D.C.
  • Opinion

  • Editorial cartoon, November 24, 2014
  • Justice as tragedy
  • PH has slowest justice system in the world
  • Random thoughts
  • The Sunni arc of instability
  • Global Nation

  • Japanese ‘samurai’ who fled to PH may be made a saint
  • Taiwanese boat crew faces smuggle raps
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