Gov’t sees stronger peso this year
MANILA, PHILIPPINES — The Marcos administration doesn’t expect the peso to reach 58 per dollar this year anymore due to lower import forecasts. Now, the interagency Development Budget Coordination...
View ArticleCoal still dominates as renewables grow in PH’s power mix
MANILA, Philippines — Coal-fired power plants continue to dominate energy generation in the Philippines, even as renewable energy sources have also seen growth in their contribution to the power grid’s...
View ArticleFuel pump prices to go up again this week
MANILA, Philippines — Motorists can expect another increase in fuel prices this week because of various geopolitical events outside the Philippines. Unioil predicts diesel will go up by 80 centavos to...
View ArticleChinese tourist absence hampers PH tourism recovery
Bank of America’s (BofA) recent report pointed out that the Philippines, along with China, Hong Kong, and Taiwan, are still struggling to catch up in tourism recovery compared to other parts of Asia,...
View ArticleImpact of extreme heat: soaring prices as vegetable supply drops, vendors...
CEBU CITY, Philippines – Lera Daral is a regular shopper at Carbon Public Market in Cebu City. Every week, she joins countless others in buying groceries, especially vegetables. The market, known as...
View ArticleAI impact on IT-BPM industry fuels future growth
The Contact Center Association of the Philippines (CCAP) said that generative Artificial Intelligence (AI) has generated positive impact not just to contact center companies but also to the entire...
View ArticleCebu City wants to declare special ‘BPO Day’ to honor sector’s economic impact
CEBU CITY, Philippines — Cebu City’s economy has benefited significantly from the Business Process Outsourcing (BPO) industry. The City Council plans to honor the dedicated workers in this sector by...
View ArticleMarcos to DA: Relax rules on farm imports to bring down prices
MANILA, Philippines — President Ferdinand Marcos Jr. instructed the Department of Agriculture to ease rules and remove nontariff barriers on importing farm products to increase local supply and lower...
View ArticleGSIS profit in Q1 soars to P37 billion
MANILA, Philippines — The Government Service Insurance System (GSIS) increased its profit by 21 percent in the first quarter compared to last year, thanks to better investment earnings in important...
View ArticleCebu City ‘BPO Day’ on March 28 gets City Council’s okay
CEBU CITY, Philippines — The Cebu City Council approved on its third and final reading the proposed ordinance dedicating March 28 as “BPO Day” in Cebu City. The proposed ordinance authored by Councilor...
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