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Gas prices to go down, diesel up on Tuesday

ABS-CBN News Posted at Feb 27 2017 07:43 PM MANILA (UPDATE) – Gasoline prices will go down while diesel prices will go up on Tuesday, oil companies said Monday. Petron, Shell Philippines, SEAOIL, and Flying V said prices of gasoline will go down by P0.40 per liter while diesel prices will go up by […]

PPA says options open for Sasa port

By Imee Charlee C. Delavin Posted on February 28, 2017 THE GOVERNMENT is still open to “any privatization” option for the Sasa Port redevelopment after the project is withdrawn from the list of public-private partnership (PPP) projects approved by the previous administration’s National Economic and Development Authority (NEDA) Board. The Philippine Ports Authority (PPA) […]

New timeline for reg’l airports PPP released

By Louella Desiderio (The Philippine Star) Updated February 28, 2017 – 12:00am MANILA, Philippines – The Department of Transportation (DOTr) has released the indicative timeline for the development, operations and maintenance of the P108 billion regional airports project under the public-private partnership (PPP) program, with the submission of qualification documents scheduled in April, and […]

P321-M coconut processing plant to rise in Palawan

By: Roy Stephen C. Canivel Philippine Daily Inquirer 12:07 AM February 28, 2017 Lionheart GPPAC Farmers Corp. will soon build a P321-million coconut processing plant integrated with a hybrid coconut plantation in Palawan, the Board of Investments (BOI) said on Monday. In a statement, the BOI said the project was approved under the Investment […]

Century Properties targets first-time homebuyers

By Keith Richard D. Mariano Posted on February 28, 2017 CENTURY PROPERTIES Group, Inc. is launching its residential line catering to first-time homebuyers within the second quarter, as it expands its portfolio consisting mostly of luxury and mid-priced condominiums in Metro Manila. The listed property developer made the announcement about three months after partnering […]

ArthaLand taps foreign partners for premium Cebu office building

By Iris Gonzales (The Philippine Star) Updated February 28, 2017 – 12:00am MANILA, Philippines – ArthaLand Corp. has signed agreement with China Railway Dongfang Group and Knusford Berhard of Malaysia for a $166 million engineering, procurement and construction contract for its  38-story Cebu Exchange Project. China Railway and Knusford will form a joint venture […]

House bill: No work-related e-mails, texts after office hours

House bill: No work-related e-mails, texts after office hours

‘It can lead to burnout – or the physical, psychological, and emotional distress caused by a total inability to rest and a diminished balance between work and family,’ says House Bill 4721 MANILA, Philippines – A lawmaker has filed a bill seeking to allow employees to disconnect from work-related messages after office hours without penalty […]

Mining seen playing key role in steel industry revival

As regulators make ready the results of an audit of all operating mines in the country, the Chamber of Mines of the Philippines (COMP) said the industry was important for the country’s thrust to revitalize the steel sector. “We see an increased demand for products and services from the metals industry especially in human resource […]

Finance chief forecasts 6.5-7% GDP growth this year

Finance Secretary Carlos G. Dominguez III said the economy could expand by another 6.5-7 percent in 2017 on the back of a healthy foreign exchange buffer, a strong banking system as well as a young and educated workforce. Last year, the economy grew by 6.8 percent, the fastest expansion in three years and among the […]

Pagasa to take over Project NOAH, says DOST

Pagasa to take over Project NOAH, says DOST

Project NOAH ‘has reached its completion and project ending date…. New project proposals are welcome if there is a new study to be made,’ the science department says MANILA, Philippines – The Department of Science and Technology (DOST) said that state weather bureau Pagasa will take care of the tools and technologies developed by the […]