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Philippines
Saturday, May 18, 2024

Darwin G. Amojelar

PAL, Wamos Air sign lease deal for two aircraft

Philippine Airlines (PAL) said Friday it signed a temporary lease agreement with Wamos Air, one of Europe’s leading charter and wet lease carriers, to...

NEDA pushes for creation of Department of Water

The National Economic and Development Authority (NEDA) is pushing for the creation of the Department of Water (DWR) and Water Regulatory Commission (WRC) to...

PUV drivers urged to avail of livelihood programs

The Department of Transportation (DOTr) on Friday asked public utility vehicle (PUV) operators and drivers who failed to meet the April 30 deadline for...

Globe installs power supply redundancies

Globe Telecom Inc. on Wednesday said its subscribers can expect reliable connectivity despite power outages amid high electricity demand. The telecom arm of the Ayala...

BSP eyes lower reserve requirement

The Bangko Sentral ng Pilipinas (BSP) said it expects to reduce banks’ reserve requirement ratio (RRR) by a “quite a bit” within the year. “I...

Gov’t secures $10-m grant from Green Climate Fund

The Department of Finance (DOF) said Friday it secured a $10-million grant from the Green Climate Fund (GCF) to bolster the government’s readiness in...

Bangko Sentral keeps interest rates steady to combat inflation

The Monetary Board of the Bangko Sentral ng Pilipinas (BSP) on Thursday kept its key interest rates steady to combat inflation. The Monetary Board said...

Gov’t eyes sale of stakes in 3 expressways

Finance Secretary Ralph Recto is exploring the possibility of selling the government’s stake in the three expressways operated by Metro Pacific Tollways Corp. (MPTC)...

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