PIXABAY MANILA - Divers in the Philippines pulled plastic bags, drinks bottles and fishing nets from a coral reef on Saturday, joining an annual cleanup that aims to highlight the impact of garbage on the world's oceans. About a dozen divers cleared rubbish from the reef and nearby beaches as they marked World Cleanup Day in Batangas province, a popular ...

REUTERS LONDON - Some investors and campaigners expressed dismay on Friday at revelations that World Bank leaders pressured staff to boost China's score in an influential report that ranks countries on how easy it is to do business there. They also said the World Bank's subsequent discontinuation of the "Doing Business" series of annual reports could make it harder for ...

The Bangko Sentral ng Pilipinas (BSP) lowered the country's balance of payments (BoP) surplus projection for this year, reflecting the lower current account surplus and the risks arising from the spread of the more infectious coronavirus variant and delays in the vaccine rollout. The Monetary Board on Thursday approved the revised BoP projections for 2021 and 2022. The BoP is ...

The Securities and Exchange Commission (SEC) is encouraging more companies to tap the capital markets, in hopes that there would be over 800 companies listed at the Philippine Stock Exchange (PSE) by 2024. "We challenge ourselves that by the time we celebrate our 88th year anniversary on November 11, 2024, there are at least 888 companies that would have tapped ...

COURTESY OF CONTACT CENTER ASSOCIATION OF THE PHILIPPINES Outsourcing firms operating in economic zones are allowed to implement remote work arrangements until March 2022 as the pandemic continues, the Finance department said in a statement. The Fiscal Incentives Review Board (FIRB) has issued Resolution No. 19-21 which allows Information Technology and Business Process Management (IT-BPM) firms in ecozones to adopt ...

The growth in retail prices of general goods slowed in July. -- Photo by Michael Varcas, The Philippine Star RETAIL PRICE growth of general goods in the National Capital Region eased to its slowest pace in five months in July, the Philippine Statistics Authority (PSA) reported on Friday. The general retail price index (GPRI) registered a 1.8% growth in July, ...

The Philippines' trade in merchandise goods continued to rebound in May. -- Reuters Exporters and logistics groups are proposing longer-term changes to Philippine shipping rules to allow domestic ships to carry out international trade. Royal Cargo, Inc. subsidiary Iris Logistics, Inc. will soon transport containers carrying export products to the United States amid a global container shortage that has led ...

THE COUNTRY'S progress towards achieving the sustainable development goals (SDGs) laid out by the United Nations has been affected by the pandemic, Socioeconomic Planning Secretary Karl Kendrick T. Chua said. "We will be seeing some changes, but it doesn't mean that they are insurmountable. We have seen some of these indicators where we have significant gains delayed for a couple ...

THE WHOLESALE and retail price growth of construction materials in Metro Manila picked up in July as lockdowns eased, data released by the Philippine Statistics Authority (PSA) on Friday showed. The construction materials wholesale price index (CMWPI) in the National Capital Region (NCR) grew 2.3% year on year in July, a tad faster than the 2.2% expansion in June and ...

PHILSTAR THE AVERAGE retail price of regular-milled rice fell in six regional trading centers at around mid-August, according to the Philippine Statistics Authority (PSA). In a report on Friday, the PSA said the average retail price of regular-milled rice decreased by P4.56 to P34.44 per kilogram (/kg) in Iloilo City, P3.72 to P32.44/kg in Calapan City, P1.21 to P35.48/kg in ...

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