Department of Environment and Natural Resources (DENR) Secretary Antonia Loyzaga on Wednesday expressed hope that the department will be able to release its integrated water resources management plan by August. In reaction to the State of the Nation A…
Day: July 26, 2023
PSEi rises on upward GDP outlook revision, peso ends sideways
Local shares reacted positively to the International Monetary Fund’s (IMF) upward revision of the country’s economic growth forecast, while the peso closed sideways during Wednesday’s trading. The Philippine Stock Exchange index (PSEi) improved by 18….
BSP term deposit facility posts strong demand, rates up
Demand for the Bangko Sentral ng Pilipinas’ (BSP) term deposit facility (TDF) was strong on Wednesday as bids exceeded the offering, but rates increased. The BSP reduced the offer volume for the seven-day facility to PHP130 billion from PHP150 billion…
P328-M cash aid benefits over 66K emergency workers in Ilocos
The Department of Labor and Employment (DOLE) has released PHP328 million as wages for an emergency employment program benefitting 66,357 workers from the Ilocos Region during the first half of 2023. In a statement issued on Wednesday, DOLE Ilocos reg…
Bataan, power firm partner to protect sea turtles
The provincial government of Bataan and the power firm GNPower Dinginin Ltd. Co. (GNPD) have tied up to protect and preserve the “pawikan” or sea turtles in the province which is home to three out of five identified species in the country. A three-yea…
Cebu holds fusion of Kadiwa ng Pangulo, Serbisyo Caravan
The Cebu provincial government on Wednesday rolled out the first fusion of Kadiwa ng Pangulo (KNP) and Serbisyo Caravan in the town of Alcoy where fresh farm produce, cheap rice, fish and locally made goods and delicacies were displayed at the pop-up …
Fintech firm renews SME financing partnership with DTI
Philippine-based financial technology firm First Circle has renewed its partnership with the Department of Trade and Industry (DTI) to offer financing to small and medium enterprises (SMEs). First Circle shared on Wednesday that its general manager an…