Economy

DTI optimistic to retain EU GSP+ status in 2018

MANILA -- The Department of Trade and Industry (DTI) remains highly optimistic that the European Union (EU) will continue to grant the Philippines the benefits of Generalised Scheme of Preferences Plus (GSP+). DTI...

Displaced canning firm workers get alternative employment

ZAMBOANGA CITY -- The first congressional district office in partnership with the Department of Labor and Employment (DOLE) has provided temporary employment to 1,277 canning factory workers affected by the fishing...

TRAIN is Duterte admin’s “best Xmas and New Year’s gift” to Filipino people, says Dominguez

President Duterte’s signing into law of the landmark Tax Reform for Acceleration and Inclusion Act (TRAIN) is the government’s “biggest Christmas and New year’s gift” to the Filipino people as it...

DOTr, BCDA break ground on new Clark Airport terminal building

CLARK FREEPORT, Pampanga -- The Department of Transportation (DOTr) and Bases Conversion and Development Authority (BCDA) broke ground on the PHP9.36-billion world-class airport terminal at the Clark International Airport here, Wednesday. BCDA president...

TRAIN to benefit Filipinos, boost economic growth: NEDA

MANILA -- The National Economic and Development Authority (NEDA) welcomes the passage of the Tax Reform for Acceleration and Inclusion (TRAIN) bill, noting its implementation will benefit majority of Filipinos and...

Removing rice QR to cut retail price by as much as P7 per kilo

The lifting of the quantitative restrictions (QR) on rice imports in favor of tariffs will bring several benefits to the economy, among them, slashing the retail price of the food staple...

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