Business & Economy

BIMP-EAGA projects open 20,000 job opportunities for Filipinos

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Filipino workers are expected to benefit from employment opportunities provided by four major projects worth more than B$23 billion geared towards enhancing and complementing the developmental goals of the Brunei Darussalam BIMP-EAGA Business Council (BDBEBC).

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BIR May collections fall short of target

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MANILA -- The Bureau of Internal Revenue (BIR) failed to meet its collections target in May, just a month after it exceeded revenue targets.

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PEZA admonishes Pacquiao on project

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The Philippine Economic Zone Authority (PEZA) has given boxing icon Manny Pacquiao the flexibility to revise his proposed P1.2-billion medical tourism facility into a combined IT, medical and manufacturing zone and to complete its requirements otherwise the board would be forced to cancel its registration.

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Mitsubishi Philippines posts record monthly sales in May

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MANILA -- The Philippine unit of Japanese carmaker Mitsubishi posted its highest monthly sales on record last May as its Montero Sport became the top-selling model that month.

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Gov't encourages fishermen to try oyster growing

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DAGUPAN CITY– The Bureau of Fisheries and Aquatic Resources encouraged fisherfolk in this city, especially the marginalized fishermen, to go into oyster growing as an alternative livelihood that can be potentially as lucrative as tending to the famous bangus (milkfish).

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Goat farming gives fast returns

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Goats are not only a source of protein for Filipinos, they also provide profits in no time at all.

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Gov’t: Report businesses violating new receipt rule

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MANILA -- As the government prepares to enforce a directive to businesses to issue new receipts by August, Malacañang on Saturday urged consumers to report businesses still not issuing receipts for their sales.

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DepEd lauded for allotting P100M for IP education

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MANILA -- Senator Loren Legarda on Monday lauded the Department of Education (DepEd) for allotting P100 million for indigenous peoples’ (IP) education.

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Palace not worried with stock market dip

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MANILA -- Despite Thursday's dramatic drop in the Philippine Stock Exchange (PSE) index, which came amid the Aquino administration's pronouncements of economic gains, the public has nothing to fear as far as the economy is concerned, a Malacañang official said Friday.

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Philippine economy to grow above 7 pct this year -- NEDA

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MANILA -- The Philippines is set to grow above the government target of 6-7 percent this year, the National Economic and Development Authority (NEDA) said today.

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