Manila ranked 26th most expensive city in Southeast Asia in terms of premium office space occupancy costs

Source: BusinessWorld

The national government's budget deficit narrowed in November from a year earlier as revenue growth outpaced that for expenditures, Finance department data showed on Wednesday...
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About half of adult Filipinos expect their quality of life to improve in the next six months, a recent survey conducted by the OCTA Research group said...

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President Ferdinand Marcos Jr., who is also the country’s agriculture secretary, is hastening the entry of imported refined sugar to stabilize its selling prices, a move widely opposed by sugar producers as the Philippines still has sufficient local supply...
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Crime incidents in the country from August to November this year dropped by 7.58 percent, the Philippine National Police (PNP) reported yesterday...

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Crime incidents in the country from August to November this year dropped by 7.58 percent, the Philippine National Police (PNP) reported yesterday...

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The Philippines will impose anti-dumping duties on cement from Vietnam following Tariff Commission findings that upheld complaints made by local manufacturers...
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Manila Rep. Bienvenido Abante Jr. filed House Bill No. 5718, or the Parental Rights bill, stressing the duty and responsibility of parents in raising children...
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Laguna Rep. Dan Fernandez has filed a bill seeking to declare 19 special nonworking holidays to a national calendar that already includes 18 holidays for 2023...
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“Baguio green zones,” where alcohol cannot be sold or consumed, is one of the options being considered by the City Council as it works to reconcile the summer capital’s strict liquor code with the demands of its tourist-reliant economy...
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The Securities and Exchange Commission (SEC) will move its payment channels online and offsite early next year in line with a shift to digital transactions...
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The Philippine Center for Postharvest Development and Mechanization (PHilMech) is pushing a project that will capacitate farmers' cooperatives to produce fruit- or vegetable-blended coco juice using raw materials sourced from their own farms or other cooperatives...
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Tourism Secretary Christina Garcia Frasco said on Wednesday that the collaboration with the Department of Information and Communications Technology (DICT) is part of fulfilling President Marcos' vision for tourism to become a cornerstone of economic growth, as her department is also pursuing the recovery of the pandemic-hit industry...
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The Department of Foreign Affairs (DFA) on Wednesday expressed serious concern over the reported reclamation activities by China in "unoccupied features" of the Spratlys which Beijing denied...
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China has been carrying out reclamation at four previously unoccupied features in the Spratly Islands, including two that are claimed by the Philippines, in what “Western officials” said were efforts by Beijing to change the status quo in the South China Sea, according to a Bloomberg report...

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For the longest time, the Ninoy Aquino International Airport (NAIA), considered as the main gateway to the Philippines, has been named one of the worst airports in the world and has received numerous complaints from passengers across the globe...
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The PHILIPPINES has signed a framework agreement with South Korea that could lead to official development assistance (ODA) loans of up to $3 billion, the Department of Foreign Affairs (DFA) said in a statement...

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For the longest time, the Ninoy Aquino International Airport (NAIA), considered as the main gateway to the Philippines, has been named one of the worst airports in the world and has received numerous complaints from passengers across the globe...
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The UN Security Council called for Myanmar's junta to release Aung San Suu Kyi Wednesday as it adopted its first ever resolution on the situation in the turmoil-ridden Southeast Asian country...

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The head of the World Health Organization on Wednesday said he was "very concerned" about an unprecedented wave of Covid cases in China, as the health body urged Beijing to accelerate vaccination of the most vulnerable...

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China said on Wednesday that not a single person had died of the coronavirus the day before, after changing the criteria for recording Covid-19 deaths to mean that most are no longer counted...
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Ukrainian President Volodymyr Zelenskiy addressed a joint meeting of the U.S. Congress on Wednesday, aiming to persuade Republican lawmakers to continue to fund his country’s defense against Russia...

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US President Joe Biden promised his Ukrainian counterpart Wednesday that Kyiv will “never stand alone,” as Volodymyr Zelensky took a hard line on the return of all territory seized by Russian forces...

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The United States will provide $1.85 billion in additional military assistance for Ukraine, including a transfer of the Patriot Air Defense System, President Joe Biden and Secretary of State Antony Blinken said Wednesday...

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U.S. President Joe Biden on Wednesday stood alongside Ukraine’s Volodymyr Zelenskiy at the White House to urge Americans and the world to keep supporting Kyiv in 2023 as the Ukrainian leader made his first foreign wartime visit...
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U.S. President Joe Biden said Wednesday at a White House news conference with his Ukrainian counterpart that Russian President Vladimir Putin has no intention of ending “this cruel war.”...

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Ukrainian President Volodymyr Zelenskiy on Wednesday said a U.S. promise to provide the Patriot surface-to-air missile defense system was an important step in creating an effective air shield...

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Global seed maker Syngenta will release a new type of wheat developed with complex cross-breeding techniques in the United States next year, beating out rival companies that are also trying to develop higher yielding wheat at a time of diminishing global grain supplies...

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President Ferdinand "Bongbong" Marcos Jr. vetoed three provisions in the P5.268-trillion 2023 national budget, Malacañang said on Wednesday...
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The Department of Education (DepEd) said that it respects the power of the President to veto certain provisions of the 2022 National Budget...
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The Department of Health (DoH) said that monovalent vaccines will continue to be administered in vaccination sites across the country even if the country is preparing to buy the bivalent Covid-19 vaccine which is believed to give better protection...
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The Department of Health (DOH) will not compel health-care workers to get a second booster of COVID-19 vaccine despite the low uptake among medical front-liners for a fourth dose of the vaccine...
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President Ferdinand Marcos Jr. vowed on Wednesday to deliver on his promise to provide a million affordable houses annually for indigent families under the government’s public housing program...

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The Alliance of Concerned Teachers (ACT) yesterday urged the government to allocate more funding to provide the full P20,000 service recognition incentive (SRI) to public school teachers and other Department of Education (DepEd) personnel...

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Meanwhile, the Civil Aviation Authority of the Philippines (CAAP) announced it is gearing up for the expected increase in volume of air passengers in 42 commercial airports nationwide, five days before Christmas...

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The volume of vehicles passing through the North Luzon Expressway (NLEx) and the Subic Clark Tarlac Expressway (SCTEx) has reached a daily average of 400,000 in days leading to Christmas, prompting tollways officials to implement schemes for fast, safe, and convenient travel for northbound travelers...
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As many as 5,000 students, workers, and the elderly living near Baguio’s only airport have been forced to walk or drive around the once-idle runway now that commercial flights have resumed there...

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The Board of Investments (BoI) will likely miss its 2022 investment target of P1 trillion with approvals still short at P729 billion as of December 15...
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President Ferdinand Marcos Jr. has ordered the Department of Agriculture to speed up the importation of 64,050 metric tons of refined sugar to stabilize the prices of the commodity...

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The country’s regional wage boards are thoroughly studying and assessing proposals seeking salary increases for private sector workers, the Department of Labor and Employment (DOLE) said Wednesday...

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The Department of Trade and Industry’s Board of Investments (BOI) on Wednesday said that it approved P729 billion worth of investments from January to date, breaking two years of decline following a record year in 2019...
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The Marcos Jr. administration will not amend the country’s current rice trade regime, which was liberalized in 2019, according to the Philippines’s official communication to the World Trade Organization (WTO)...
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Embattled PLDT Inc. said the surge in investments that bloated its budget by P48 billion over four years was caused by “over orders” of key network gear during the pandemic and it was now in negotiations with vendors for payment deferrals to lower expenses...
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Demand for consumer goods, which usually spikes during the holiday season, is seen to be shorter this year versus other years, according to Philippine Amalgamated Supermarkets Association, Inc. (Pagasa)...
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