Economy

Creation of Department of Housing and Urban Development discussed in 2nd LEDAC meeting

To focus providing the housing backlog in the country, top government officials, led by President Rodrigo Duterte,  discussed in the second Legislative-Executive Development Advisory Council (LEDAC) meeting held in Malacañang on...

Lawmakers: Increase MMDA 2018 budget

As an action to the worsening traffic situation in Metro Manila, lawmakers on Wednesday supported the proposed increase of the 2018 budget of the Metro Manila Development Authority (MMDA) In the MMDA...

BOC, DOF ink trade facilitation program for honest traders

The Bureau of Customs (BOC) and the Department of Finance (DOF) signed Customs Administrative Order (CAO) 5-2017 concerning the establishment of Authorized Economic Operator (AEO) program. CAO 5-2017 serves as the implementing...

President Duterte promises business-friendly climate in PH, assures people to do business with ease

DAVAO CITY — President Rodrigo Roa Duterte on Friday, August 25, commended Aviana Development Corporation, a joint venture company of Ayala Land, Inc. and the Alcantara Group of Companies for their...

Infra spending to sustain high growth, generate econ multipliers

SINGAPORE -- Finance Secretary Carlos Dominguez III said here the Duterte administration expects to sustain the economy’s growth rate at 7 percent over the medium term through an ambitious "Build, Build, Build"...

PH on track to meet growth target, Palace says

MANILA -- Malacañang on Thursday said the Philippine economy is on track after posting a 6.5-percent growth for the second quarter of 2017. In a statement, Presidential Spokesperson Ernesto Abella said the...

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