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PHL seeks $12 28-B funding from ADB for 23- 25 projects

THE Philippine government is seeking $12.28 billion worth of funding from the Asian Development Bank (ADB) for various projects and programs in the next three years. Socioeconomic Planning Secretary Arsenio M. Balisacan said the amount will cover 26 program and projects in the 2023 to 2025 pipeline. “We thank the…

Agri modernization, climate risks top Asean labor agenda

AGRICULTURE modernization, digitalization, and the impact of climate change on employment are among the main issues on the agenda of the 27th Association of Southeast Asian Nation (ASEAN) Labor Ministers Meeting (ALMM) to be hosted by the country this week, according to the Department of Labor and Employment (DOLE). Labor…

Reduce bureaucracy, harness MSMEs: big guns pitch

SOME of the country’s conglomerates said the Philippines should zero in on “planting seeds” by reducing bureaucracy and harnessing the micro, small, and medium enterprises (MSMEs), among others, as the country attracts more foreign direct investments (FDI). Officials from SM Investments Corp., San Miguel Holdings Corp., and Aboitiz Equity Ventures…

TPB travel exchange exceeds pre-pandemic sales record

LOCAL travel and tour operators recorded a surge in demand from foreign travel buyers, who are interested in booking more trips to the Philippines for their clients. In a news statement, the Tourism Promotions Board (TPB) said its Philippine Travel Exchange (Phitex) 2022 tallied some P172.6 million in business leads…

Life or death for bananas, time to press Japan for zero tariffs, Marcos urged

AS the banana sector faces a “life-or-death” situation this decade, a vice chairman of the House Committee on Agriculture and Food on Sunday asked President Ferdinand Marcos Jr., also secretary of Agriculture, to push for zero tariffs for Philippine bananas in Japan. In a statement, Albay Rep. Joey Sarte Salceda…

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