Business

PH gets more ODA amid gov’t’s refocused foreign policy

By Leslie Gatpolintan/PNA MANILA -- Several countries in the region are providing the Philippines with official development assistance (ODA) funding for its priority projects, an indication the country is reaping the advantages of...

DOE opens application for exploration contracts

By Kris Crismundo/PNA MANILA -- The Department of Energy (DOE) will be accepting the applications of parties interested in exploring for untapped energy resources in the country, within the next six months. The DOE...

PH, Japan exchange notes on North-South Commuter Railway

By Aerol John Pateña/PNA MANILA -- The governments of the Philippines and Japan have signed an exchange of notes over the North-South Commuter Railway (NSCR) Extension Project on Wednesday. The exchange of notes was...

Torre Lorenzo, Dusit Thani sign deal for hotel business in Lipa

By Kris Crismundo/PNA MANILA -- Torre Lorenzo Development Corp. (TLDC) on Wednesday signed an agreement with Dusit International and Dusit Thani Philippines, Inc. for the development of the Dusit Princess Hotel in Lipa,...

Speedy nod to Japan-funded infra projects laudable: Dominguez

By Joann Villanueva/PNA MANILA -- Finance Secretary Carlos Dominguez III on Wednesday lauded the speedy approval of infrastructure projects to be funded by the Japanese government as well as the processing time for...

PH T-bond rate down due to strong demand

By Joann Villanueva/PNA MANILA -- The rate of the Philippines’ five-year Treasury bond (T-bond) fell by 34 basis points Wednesday, attracting a large amount of bids, which in-turn prompted the auction committee to...
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