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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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  • Lifestyle

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  • Entertainment

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  • Business

  • Aboitiz Equity extends retiring CEO’s term
  • Despite slowdown, traders still upbeat on economy
  • Winning more customer visits
  • GDP target now out of reach
  • Andy Murray in PSE?
  • Technology

  • IBM, FUSE, donate ‘Kidsmart’ computers to Leyte, Sorsogon schools
  • Website promoting illicit affairs launched in PH
  • Globe website hacked due to ‘poor internet connection service’
  • DOJ asked to probe phone, Internet use at penitentiary
  • Ride-sharing app Tripda arrives in PH
  • Opinion

  • Revolutionary colorum
  • Comelec warns pols against premature campaigning
  • What’s in a Katipunan name?
  • Good stats
  • Coco farmers and women
  • Global Nation

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