Business

PH loses ₱400B worth of potential revenue over COVID-19 pandemic

The Philippine government has lost ₱400 billion worth of potential revenue from international tourism in 2020 due to the Coronavirus Disease 2019 (COVID-19) pandemic. According to Department of Tourism (DOT) Secretary Bernadette...

PH inflation up at 4.2% in January

The country’s inflation rate has risen to 4.2 percent in January amid transport fares and rising prices of food such as pork and vegetables. Based on the data of the Philippine Statistics...

Pork holiday mulled amid price ceiling implementation

Several pork vendors are worried about their livelihood after meat dealers have advised of a possible “pork holiday” due to the implementation of the price ceiling. The implementation of the mandated price...

Statement from NLEX Corp. on incident at Blumentritt station

NLEX Corporation has received a report from its contractor of the NLEX Connector Road project of an accident that occurred around 4:50pm at the site in the vicinity of the Blumentritt...

ERC orders DUs to refund excess collection

The Energy Regulatory Commission (ERC) ordered more than 20 Luzon-based distribution utilities to refund excess payment collection to their consumers. The order was issued as ERC Chairperson Agnes Devanadera signed the directive...

PRRD to issue directive on prices of goods

President Rodrigo Duterte is set to issue an Executive Order establishing appropriate prices for pork, chicken, and other products in the National Capital Region (NCR). According to Senator Christopher Go, the Office...
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