The Philippine economy expanded by 7.4 percent in the second quarter of the year, slower than the revised 8.2 percent in the first quarter, according to the Philippine Statistics Authority. Arsenio Balisacan, secretary of the National Economic and Development Authority said the second quarter economic growth was slightly less than the median forecast of 7.5… Read More PH economy expands 7.4% in Q2
The Philippine government is committed to ensuring food security and affordability, and reducing transport and logistics costs to arrest a further rise of inflation and protect the Filipino consumers, the National Economic and Development Authority said. The Philippine Statistics Authority reported today that the country’s inflation rate for July 2022 rose to 6.4 percent,… Read More NEDA: Gov’t to ensure food security, reduce transport costs to combat inflation
The gradual lifting of quarantine restrictions and continuous vaccination rollout will help the Philippine economy recover by 6 to 7 percent in 2021 and return to pre-pandemic levels by 2022, said the National Economic and Development Authority (NEDA). “The main difference between last year’s quarantine and this year is that we did not shut… Read More NEDA: Q2 recovery expected with gradual lifting of restrictions, vaccination rollout
Cebu Pacific said it arried another batch of 500,000 COVID-19 vaccine doses from Beijing to Manila today, May 20, 2021. This shipment was the third to be picked up by CEB, in coordination with the Department of Health (DOH). Aboard CEB’s chartered A330 flight 5J 671, these vaccines were safely flown in temperature-controlled containers, and arrived at the NAIA at 7:35 this morning. “We remain committed to support the government’s ongoing vaccination program,” said Alex Reyes, Chief Strategy Officer… Read More Cebu Pacific transports new batch of COVID-19 vaccines from China
With more than 100,000 motorists served, the expanded Subic Freeport Expressway (SFEX) has been fulfilling its primary function of improving mobility and helping Subic’s infrastructure development program. Subic Bay Metropolitan Authority (SBMA) Chairman and Administrator Wilma T. Eisma cited infrastructure projects such as the expanded SFEX are essential in the continuing development and operation of… Read More SBMA says new SFEX supports Subic’s infrastructure, investment push
The Department of Public Works and Highways (DPWH) said the estimated cost of damage to roads, bridges, flood-control structures, and public buildings due to Super Typhoon Rally has reached P5.75 billion. Public Works and Highway Secretary Mark A. Villar said the damage to roads amounted to P1.515 Billion, P458.2 million damage to bridges, P2.036 billion… Read More Super Typhoon Rolly’s damage to public infrastructure now at P5.76 billion
NLEX Corporation on Tuesday said it is hiring more than 1,500 technical and skilled workers to accelerate the construction of its 8-kilometer NLEX Connector. J. Luigi L. Bautista, NLEX president and general manager said priority is being given to overseas Filipino workers (OFWs) who have been displaced and unemployed due to the COVID-19 pandemic. “Being… Read More NLEX to hire 1.5k technical, skilled workers for P23B Connector Road Project
State-run Philippine Ports Authority (PPA) plans to start the implementation of its automated ticketing system in all ports by next year to prevent the spread of coronavirus disease (COVID-19). According to the port authority, bidding for its Unified Electronic Ticketing System, to include the automated ticketing machines, is scheduled before the end of the year.… Read More PPA eyes online ticketing system in 2021
By: Patrick Villalobos PRESIDENTIAL Adviser for Entrepreneurship and Go Negosyo Founder Joey Concepcion is supporting the breath testing for coronavirus disease 2019 (Covid-19) from an Israel-based tech-company to help detect infection across industries, especially in the tourism and smallscale business sectors badly hit by the pandemic. This came few days after his exclusive meeting with… Read More Concepcion supports breath testing for Covid-19
The Government of Japan has delivered Avigan tablets for 100 patients to the Department of Health on August 6 as part of its emergency grant aid to countries severely affected by COVID-19. Japan-made anti-flu drug Avigan has drawn interest from many countries for its potential to prevent viral replication, even as its effectiveness against the… Read More For COVID-19 patients! Japan-made anti-flu drug Avigan arrives in the PH
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