By Ronnel W. Domingo
The Philippine Rice Research Institute (PhilRice) is seeking a bigger budget for rice research and development, citing studies showing that the country’s R&D spending has been lower than those of neighboring countries.
By Doris C. Dumlao
The property unit of the Aboitiz group has mapped out a nationwide expansion program and will increase its capital expenditure program for this year.
By Paolo G. Montecillo
A record-high budget surplus was recorded in April, nearly wiping out the deficit since the start of the year, as government spending slumped despite the need for extensive reconstruction efforts in typhoon-ravaged Visayas.
By Charles E. Buban
Enjoying the windfall revenues from the Sin Tax Law as well as the realignment of Priority Development Assistance Fund or the pork barrel, the Department of Health (DOH) will have its highest budget increase in history—from P53 billion in 2013 to P83.7 billion this year.
Malaysia on Friday officially opened a new airport built specifically for the fast-growing budget-travel sector, but with the country’s aviation industry under deep scrutiny over the loss of missing flight MH370.