Move to exempt AS deals from CSP nixed
LAWMAKERS have rejected the suggestion of the Department of Energy (DOE) to temporarily exempt the conduct of a Competitive Selection Process (CSP) for the procurement...
Category : BusinessMirror News
BSP: Liquidity infusion of ₧2.2T will prevent economic scarring
BANGKO Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno reported that the Central Bank has infused a total of P2.2 trillion of liquidity into the...
Rotary Club’s 2021 Journalism Awards anchored on June 12
THE Rotary Club of Manila on Thursday gave out 2021 PRO PATRIA Journalism Awards to media institutions, including sister media companies the BusinessMirror and CNN...
Brace for higher fuel, food prices–experts
FILIPINOS should brace for higher fuel and food prices in the coming months as international oil prices already hit a record of $75 per barrel...
Lockdowns cut PHL’s competitiveness rank
THE Philippines is trailing its Asia Pacific neighbors after falling by seven notches to 52nd position out of 64 countries in the 2021 Institute for...
BIR misses ₧203-B target in May on new lockdowns
THE Bureau of Internal Revenue (BIR) missed its P203.15-billion collection target in May as the economy slowed following the reimposition of stricter lockdown measures in...
Domestic tourism’s recovery in 2022 at earliest, 2024 at worst
By Ma. Stella F. Arnaldo / Special to the BusinessMirror THE Department of Tourism (DOT) is forecasting the recovery of the domestic travel sector by...
Domestic tourism’s recovery in 2023 at earliest, 2024 at worst
By Ma. Stella F. Arnaldo / Special to the BusinessMirror THE Department of Tourism (DOT) is forecasting the recovery of the domestic travel sector by...
Pandemic offers way to solve development woes in region–Neda
ASIA and the Pacific countries can recover from the pandemic through collective effort, according to the National Economic and Development Authority (Neda). In his speech...
Incineration banned under our new energy policy—ADB
THE Asian Development Bank (ADB) has maintained that incineration will not be allowed under the new energy policy of the Manila-based multilateral development bank. In...
PHL frozen pork inventory jumps 8%, hits 11-month high of 49,849.76 MT
The country’s frozen pork inventory as of June 7 rose by nearly 8 percent to 49,849.76 metric tons (MT), the highest weekly inventory recorded in...
Cops kill ex-Maguindanao mayor linked to ’16 Davao blast, say he tried to escape
A former town mayor of Talitay, Maguindanao, facing drug charges and previously tagged as a supplier of weapons to an outlawed Moro group was shot...
DOLE widens livelihood program to include former drug dependents and extremist groups
Former drug dependents and extremists groups could now avail of the livelihood program being offered by the Department of Labor and Employment (DOLE). This after...
House panel eyes creation of body to ‘screen’ DepEd modules
The House Committee on Basic Education and Culture has created a technical working group to craft a substitute bill providing for a third-party external auditor...
Too costly to pull out coal-fired power projects in the pipeline–ADB expert
The Asian Development Bank (ADB) has admitted that it may be difficult to cancel coal-fired power plant projects that have been included in the pipeline...
Palace says ICC prosecution request based on ‘hearsay’
Administration Sen. Francis Tolentino aired “some doubts” over the credibility of a retired International Criminal Court (ICC) prosecutor pressing for a full investigation into President...
SC junks petition vs MMDA’s coding scheme on PUBs
THE Supreme Court has unanimously upheld the validity of the orders issued by the Metropolitan Manila Development Authority (MMDA) imposing the number coding scheme on...
Doctors appeal for tighter curbs in Bicol, but DILG says IATF may consider only Legazpi for MECQ
AS doctors, nurses, and health-care professionals in all six provinces in the Bicol region appeal for stricter quarantine rules, an official of the Department of...
1.5-M doses of Sinovac vaccine arrive at Naia
The Ninoy Aquino International Airport Customs district cleared and released within an hour some 1.5 million doses of Sinovac vaccines that arrived from Beijing aboard a...
Let the recovery begin: EU chief OKs first virus plans
MADRID—The European Union moved a step closer Wednesday to deploying the bloc’s massive pandemic recovery fund, with a top executive going to Portugal and Spain...
Fed signals earlier time frame for rate hikes with inflation up
WASHINGTON—The Federal Reserve signaled Wednesday that it may act sooner than previously planned to start dialing back the low-interest-rate policies that have helped fuel a...
Apple Daily editors arrested under Hong Kong security law
HONG KONG—Five editors and executives at pro-democracy Apple Daily newspaper were arrested Thursday under Hong Kong’s national security law, its stock was halted and police...
Junta soldiers burn Myanmar village in escalation of violence
BANGKOK—Government troops have burned most of a village in Myanmar’s heartland, a resident said Wednesday, confirming reports by independent media and on social networks. The...
DOH logs 6,637 new Covid-19 cases, 155 deaths
The Department of Health (DOH) on Thursday logged 6,637 new Covid-19 cases, bringing the total number of infections in the country to 1, 339,467. There...