DoF hikes dividend rate of GOCCs
FINANCE SECRETARY RALPH G. RECTO — DEPARTMENT OF FINANCEBy Luisa Maria Jacinta C. Jocson, ReporterFINANCE SECRETARY Ralph G. Recto has ordered government-owned or -controlled corporations (GOCC) to increase their contributions to the National Government (NG) to boost state coffers.Mr. Recto raised
Government raises borrowing program to P2.57 trillion
BW FILE PHOTOTHE NATIONAL GOVERNMENT (NG) is looking to borrow P2.57 trillion this year, mostly from the domestic market, the Department of Finance (DoF) said on Monday.In a statement, the DoF said this is 5% higher than its original P2.46-trillion
Philippines’ ongoing power crisis is not artificial, says Marcos
LINEMEN are seen cutting burned wires in Manila, April 25. — PHILIPPINE STAR/RYAN BALDEMORPRESIDENT Ferdinand R. Marcos, Jr. on Monday dispelled fears that the Philippines was experiencing an artificial power crisis after the country’s sole grid operator again raised a
A significant fixture in the Philippines’ sustained economic progress
Trains along the North-South Commuter Railway from an artist’s perspective — Photo from nscr.com.phInfrastructure serves as the backbone of economic activity, enabling the efficient movement of goods and people, facilitating trade, and enhancing overall productivity. Research indicates that every public
HK Disneyland begins its Marvel season of superheroes
IRON MAN calls for the Avengers to assemble for the nighttime drone show. — BRONTË H. LACSAMANAWITH Hong Kong (HK) being as strong a travel destination as ever, Filipino tourists can now check out new Marvel superhero-related offerings at