Economy

Fil-Chinese capitalists eyeing investments in Palawan

PUERTO PRINCESA CITY, Palawan – A group of Filipino-Chinese businessmen is looking at the possibility of venturing in fish port and water system development projects in this city, and tourism investments in...

PH ‘rapidly growing’ economy encourages foreign investors

Finance Secretary Carlos Dominguez III on Wednesday encouraged foreign investors to do business in Philippines' "rapidly growing" economy. With this kind of economy, Dominguez emphasized that the country is building its own...

Remittances breach USD15-B mark in H1 2017

MANILA -- Bangko Sentral ng Pilipinas Governor Nestor A. Espenilla, Jr. on Tuesday said that personal remittances of Overseas Filipinos (OFs) rose by 6.8 percent year-on-year to USD2.8 billion in June...

PH farm sector grows 6.18% in Q2

MANILA -- The agriculture sector grew by 6.18 percent in the second quarter of 2017, bolstered by increased output of crops and poultry. Data provided by the Philippine Statistics Authority (PSA), an attached...

DOLE helps Negros workers claim P10-M benefits

More than 600 workers from Negros Island Region were assisted by the Department of Labor and Employment (DOLE) in claiming their monetary benefits amounting to P10 million pesos. The request for assistance...

Mindanao Railway Project takes off, gets initial funding from Congress

Metro Manila --- The Mindanao Rail Project (MRP) is moving on track. The Appropriations Committee of the House of Representatives has recently earmarked an initial amount of Php6.58 billion to jumpstart the...

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