34 C
Makati City
Friday, March 24, 2017
The weakening of the peso will allow the Philippines’s business-process outsourcing (BPO) sector to be more competitive in terms of cost, but industry executives said they prefer stability in currency movements. During the Contact Center Association of the Philippines’s (CCAP) first quarterly press briefing on Thursday, industry executives said a...
By Ma. Stella F. Arnaldo / Special to the BusinessMirror TOURISM-Industry stakeholders are calling for the resignation of actor Cesar Montano as COO of the Tourism Promotions Board (TPB), in the wake of allegations of irregularities raised by concerned officers and em-ployees against him. This developed as the Blue Ribbon Committee chaired...
THE BusinessMirror bagged top prizes at the Philippine Agricultural Journalists (PAJ) Binhi Awards held at a hotel in Makati on Wednesday evening. The winners are Agri-Commodities reporter Jasper Emmanuel Y. Arcalas (left), second prize, Agri Beat Reporter of the Year; Agri-Commodities Editor Jennifer A. Ng (second from left), Best Agricultural Section...
Governments should craft and implement policies that will give renewable energy (RE) the much-needed push to make it available to the great majority of people. The statement was made by Ganesh Pangare, regional director for Asia Pacific of the International Water Association (IWA), on the sidelines of the ongoing Water...
The Bangko Sentral ng Pilipinas (BSP) kept its key monetary-policy rates unchanged on Thursday, after its second policy-setting meeting of the year that is closely being monitored by markets. The monetary authority, however, slightly cut its inflation forecast for the year, despite rising consumer prices in recent months. The BSP decided...
The government will now use official development assistance (ODA) for the construction of the North-South Railway Project (NSRP) South Line, instead of the public-private partnership (PPP) mode, according to the National Economic and Development Authority (Neda). The interagency Investment Coordination Committee (ICC) Cabinet Committee (Cabcom) decided to shift to using...
An advocacy group on water-related struggles has urged the government to repeal the concession agreements (CAs) with water concessionaires Maynilad Water Services Inc. and Manila Water Co., and to take initial steps to reverse the privatization of the country’s water utilities. Water for the People Network (WPN) made the call on...
Legacy carrier Philippine Airlines (PAL) will take delivery of two new Boeing 777–300ERs in December 2017 and January 2018, increasing the airline’s B777 for long-haul flights to 10. Jaime J. Bautista, PAL president and COO, is set to announce the acquisition at today’s (March 24), celebration of the launch of...
Vice President Maria Leonor G. Robredo could be facing another impeachment complaint, when the House of Representatives resumes sessions in May. In a news conference, lawyers Bruce Rivera, Tom Berenguer and Trixie Angeles; Prof. Antonio Contreras and Interior Assistant Secretary Epimaco V. Densing III said they are now preparing a...
By Priam F. Nepomuceno | Philippines News Agency MARINES attached to the Armed Forces’s Joint Task Force Sulu have rescued two Malaysian seamen from the clutches of the Abu Sayyaf bandits in Pata, Sulu, early Thursday morning. The rescue took place at around 2 a.m. on the waters off Kalinggalang Caluang...
THE Pilipinas Anti-Piracy Team (PAPT) continues to track down more companies using unlicensed computer software in their operations. Agents of the Intellectual Property Office and the National Police’s Criminal Investigation and Detection Group said a lot of companies still do not use licensed software in their business premises. The series of...
MALACAÑANG and Congress officials have firmed up a list of 10 priority bills, including the tax-reform measure, to be fast-tracked for approval when lawmakers resume regular sessions on May 2, after a six-week recess. Apart from the Comprehensive Tax Reform Program, which provides downward adjustments in personal income- and corporate...
The long-awaited common station to be built for the three rail transits in Quezon City will now cost more to improve passenger convenience, according to the National Economic and Development Authority (Neda). Neda officials recently told reporters that the interagency Investment Coordination Committee (ICC) has approved and endorsed for confirmation...
Asean business still struggle with lack of access and red tape that prevent them from becoming part of the global value chain, according to the National Economic and Development Authority (Neda). In a news statement issued on Thursday, the Neda said this is especially true for small and medium enterprises...
The Department of Environment and Natural Resources (DENR) cited 14 individuals and institutions as “water champions” during simple rites at the Quezon City Sports Club in celebration of the Philippine Water Week and the World Water Day (WWD). Recognized for having gone above and beyond the call of duty to...
DAVAO CITY—The implementing panels of the government and the Moro Islamic Liberation Front (MILF) have extended the stay of the Malaysian-led International Monitoring Team (IMT), even as they welcomed a new facilitator in the implementation of the peace agreement in Moro-populated areas in Mindanao. The extended stay was contained in...
CLARK FREEPORT—A group of Turkish travel agents visited the Metro Clark area here, as well as the Subic Bay Freeport Zone, on Monday for a familiarization tour hosted by Philippine travel operators and sponsored by Qatar Airways. The Philippine tour operators, led by Joebert Opulencia, president of Orientours Co. Ltd.;...
The Department of Public Works and Highways (DPWH)-7 has requested its central office to allocate P54 million for the feasibility study of the Mandaue-Consolacion-Liloan Bypass Project. This was reported by the Central Visayas Regional Development Council (RDC) during its full council meeting held recently in Cebu City. DPWH-7 has forwarded the...
A NETWORK of teachers, academics and researchers has warned the military to keep their operations away from indigenous peoples’ (IP) alternative schools, roughly two weeks before the government and the National Democratic Front (NDF) head back to the peace table. In the aftermath of the fourth Mindanao-wide conference of the...
The country’s paddy-rice output could decline to below 18 million metric tons (MMT), after the quantitative restriction (QR) on rice is scrapped on June 30, according to a Global Agriculture Information Network (Gain) report. The Gain report, which was published by the US Department of Agriculture’s Foreign Agricultural Service (FAS) in...