Day: August 10, 2023

Low-cost carrier Cebu Pacific (CEB) announced Thursday that passenger traffic in the second quarter has increased year-over-year (YoY) but is 8 percent lower than the pre-pandemic levels. The Gokongwei-led airline ferried 5.46 million passengers, 29 p…

Local shares and currency recorded losses on Thursday after the government reported 4.3 percent gross domestic product (GDP) growth in the second quarter of the year. The Philippine Stock Exchange index (PSEi) dropped by 80.79 points to 6,449.66, with…

The construction of the Tacloban causeway project that will provide a shorter route from the city’s downtown to the airport will commence soon after the Department of Public Works and Highways (DPWH) secured the approval of the city council here, an o…

Nearly 900 local government units and stakeholders across the country have so far adopted the ‘Love the Philippines’ campaign, the Department of Tourism (DOT) said Thursday. In her remarks during the Philippine Tour Operators Association (PHILTOA) gen…

Senate Majority Leader Joel Villanueva on Thursday said the latest unemployment rate in the country is only temporary as he expressed optimism that employment will bounce back in the coming years as investment pledges due to President Ferdinand R. Mar…

Some 7,826 households in Baguio and other parts of Benguet province are expected to benefit from the government’s electricity subsidy program under Republic Act 11552. Leo Quintilla, Department of Social Welfare and Development-Cordillera Administrati…

Department of Budget and Management (DBM) Secretary Amenah Pangandaman has directed government agencies to submit catch-up plans following the below-programmed spending in the first half of 2023. The directive was issued Aug. 9 by Pangandaman through …