Economy

DA to boost fishing sector

MANILA -- Department of Agriculture (DA) Secretary Emmanuel Piñol on Sunday vowed to further advance the performance of local fisheries industry in the country. "The Philippines remains one of the top fishing countries...

PH urges nations to ensure industrialization brings inclusive growth

MANILA -- The Philippines is urging other countries to work together to ensure all sectors benefit from robust economic growth amid industrialization and technological advancements. Socioeconomic Planning Secretary Ernesto Pernia noted that...

PEZA mulls perks for local SMEs in manufacturing

MANILA -- The Philippine Economic Zone Authority (PEZA) is crafting a new policy to boost local small and medium enterprises (SMEs) in the manufacturing sector, its top official told the Philippine...

P1.6-B agri-fishery ‘Yolanda’ funds unspent in E. Visayas

TACLOBAN CITY -- At least PHP1.6 billion meant for the recovery of agriculture and fishery sectors ravaged by the 2013 super typhoon in Eastern Visayas remained unspent, the Department of Agriculture (DA)...

Bank execs back cut in banks’ reserve requirements

MANILA -- A cut in Philippine banks’ reserve requirement ratio (RRR) will boost financial institutions’ ability to expand their lending operations to further help the vibrant domestic economic activities. To date, universal...

BOI approves P1.13-B tourism projects

MANILA -- The Board of Investments (BOI) has approved three tourism projects worth PHP1.13 billion. Hotel and resort projects of Ayala Land Hotels and Resorts Corp., UC-1 Corp., and 888 Subic, Inc. got...

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