USD to PHP

Source The Manila Times

The Department of Labor and Employment (DOLE) has expanded the work-from-home scheme and called on employers and workers to mutually adopt telecommuting programs to help sustain the country’s economic recovery...

Read More

The decision of Moody’s Investors Service to maintain the Philippines’ investment grade Baa2 rating and stable outlook reflects the sustained economic recovery amid increased external headwinds, according to economic managers...

Read More

The Department of Budget and Management (DBM) has allotted P962.2 billion for the local government units (LGUs) in 2023...

Read More

The Bangko Sentral ng Pilipinas (BSP) announced on Friday that the outstanding external debt (EDT) declined in the second quarter of 2022 as it stood at $107.7 billion as of end-June, down by $2.1 billion (or 1.9 percent) from the $109.8 billion level as of end-March...

Read More

It is not yet certain if the bill seeking to postpone the barangay and Sangguniang Kabataan (SK) elections scheduled in December will pass in the Senate as President Marcos has not certified it as urgent...

Read More

The IT and Business Process Asso-ciation of the Philippines (IBPAP) has hailed the decision of the Fiscal Incentives Review Board (FIRB) to transfer registration of IT and Business Process Management (IT-BPM) enterprises from Philippine Economic Zone Authority (PEZA) to the Board of Investments (BOI)...

Read More

The Department of Finance (DoF) said on Sunday that service contractors that provide temporary or outsourced personnel, including those in work-from-home (WFH) arrangements, are not liable to pay a mayor's or business permit fee...

Read More

Socio-economic Planning Secretary Arsenio M. Balisacan said the approval of the amendments to the 2022 Implementing Rules and Regulations (IRR) of the Build-Operate-Transfer (BOT) is crucial to recovery, as it will “better direct resources in other critical areas of development.”...

Read More

The consolidated bill just recently approved by the House Committee on Justice on the makeover of the Bureau of Immigration (BI) aims to put up a P1.2-billion Immigration Trust Fund (ITF) to modernize the BI, touch up its pay scales and further professionalize its officers plus rank and file, a senior lawmaker said on Sunday...

Read More

Ang Probinsyano party list Rep. Alfred delos Santos has proposed a “Lydia de Vega Act,” which would employ all national athletes and coaches as government employees. Delos Santos’ House Bill No. 4654 aims to make national athletes and coaches regular government employees citing their “dedication to fight for the flag and country in the service [of] our nation.”...

Read More

Senator Win Gatchalian has filed a bill that seeks to establish the Philippine Online Library, which will give elementary and secondary learners free and undisrupted access to digitized copies of textbooks and learning materials...

Read More

Bagong Henerasyon Rep. Bernadette Herrera on Sunday said she is currently working on a bill that would institutionalize the use of guarantee letters by indigent patients in private hospitals...

Read More

The Department of Trade and Industry supports the proposal of the Department or Finance to review the excise tax exemption of double-cab pickup trucks, an official said over the weekend...

Read More

Choked by soaring energy and wood pulp costs, German toilet paper maker Hakle is turning to waste from coffee production to stay afloat and help the environment...

Read More

It tastes like a tomato, smells like a tomato, and even looks (mostly) like a tomato. There's just one catch: It's purple.

The USDA has approved a genetically modified purple tomato, clearing the path for the unique fruit to be sold in American stores next year...

Read More

President Ferdinand “Bongbong” R. Marcos, Jr. will not be able to personally pay his respect to Queen Elizabeth II in her State Funeral in London on Monday...

Read More

Burning the world's remaining fossil fuel reserves would unleash 3.5 trillion tonnes of greenhouse gas emissions -- seven times the remaining carbon budget to cap global heating at 1.5C -- according to the first public inventory of hydrocarbons released Monday...

Read More

The Department of Health (DOH) announced last Friday the arrival of the initial tranche of 6 million pediatric Covid-19 vaccines from Australia to the Philippines...

Read More

President Ferdinand "Bongbong" Marcos on Sunday left for a weeklong working visit to the United States, which will be highlighted by his attendance to the United Nations General Assembly (UNGA) in New York City...

Read More

Relations between the Philippines and China have the potential to be one of the strongest partnerships of all time, but it can only be achieved by mutual understanding...

Read More

The Philippine Navy’s BRP Gregorio del Pilar (PS-15), one of its biggest and most capable ships, will soon be deployed to the West Philippine Sea for patrols after undergoing system upgrades and repairs of its damaged propeller shaft...

Read More

The Japanese government has committed to provide 314 million yen or almost P129 million in scholarship grants to young Filipino civil servants who will pursue graduate studies at premier universities in Japan...

Read More

A strong earthquake struck Taiwan's southeastern coast on Sunday, the US Geological Survey said, bringing at least one building down in a small town and prompting Japan to issue a tsunami warning...

Read More

The security chiefs of Kyrgyzstan and Tajikistan sat down for talks Saturday to stop fighting on the border between the two countries that so far has killed at least 24 people and wounded over 100...

Read More

The United Nations on Sunday called for Afghanistan's Taliban rulers to reopen schools to girls in grades 7-12, calling the anniversary of their exclusion from high school "shameful."...

Read More

Russian President Vladimir Putin vowed on Friday to press his attack on Ukraine despite Ukraine's latest counteroffensive and warned that Moscow could ramp up its strikes on the country's vital infrastructure if Ukrainian forces target facilities in Russia...

Read More

Crisis-hit Sri Lanka will make a presentation to its international creditors on Friday, laying out the full extent of its economic troubles and plans for a debt restructuring and multi-billion dollar International Monetary Fund bailout...

Read More

Pakistan will “absolutely not” default on debt obligations despite catastrophic floods, the finance minister said on Sunday, signaling there would be no major deviation from reforms designed to stabilize a struggling economy...

Read More

Prime Minister Fumio Kishida announced Saturday that he was considering systemic reforms to attract high-skilled and knowledgeable foreign human resources...

Read More

The 77^th session of the United Nations General Assembly takes place from September 13 to 27, 2022 in New York City under the theme “A watershed moment: transformative solutions to interlocking challenges"...

Read More

The Federal Reserve is poised to unleash another massive interest rate increase this week after the latest data showed a worrying US inflation picture, which confirmed the need for the central bank to continue to act aggressively...

Read More

From Pakistan to Ukraine to Venezuela to vast stretches of sub-Saharan Africa, rising crises and climate disasters are taking an added toll on the most vulnerable — children deprived of school...

Read More

Few issues have been as constant at the United Nations as grievances about the structure of the world body itself, with both friends and foes of the United States pleading for reform of the powerful Security Council...

Read More

About two million people in southwestern Japan have been ordered to evacuate ahead of a powerful typhoon forecast to hit the region on Sunday, according to public broadcaster NHK-World Japan...

Read More

With the sun shining, drinks on the table and music in the air, it looks like the young men in the video, which has gone viral on Chinese social media, have picked a great day for a picnic...

Read More

The long-time lawyer of President Ferdinand “Bongbong” R. Marcos Jr., Victor D. Rodriguez, is now the head of a new government office which was created after he resigned as Executive Secretary during the weekend...

Read More

To ensure swift approval of the government’s national spending program for 2023, the House of Representatives will start this week plenary debates on the P5.268-trillion national budget for next year...

Read More

In a statement over the weekend, the Volunteers Against Crime and Corruption (VACC) said “recent leakages of sensitive documents” from the President’s office must be investigated...

Read More

The Department of Budget and Management (DBM) reiterated the country's transparency and commitment to crafting the new national action plan for the Open Government Partnership (OGP)...

Read More

President Ferdinand "Bongbong" Marcos Jr. has turned down proposals to assign additional powers to the revived Office of the Presidential Chief of Staff (Opcos), which will be headed by resigned executive secretary Victor Rodriguez...

Read More

The Energy Regulatory Commission (ERC) has directed the National Grid Corp. of the Philippines (NGCP) to explain its failure to procure sufficient ancillary services or reserve power to ensure grid security and stability...

Read More

The Department of Education (DepEd) reminded students and school personnel to continue observing prevailing health measures to prevent a surge of Covid-19 cases in schools...

Read More

The regulatory preparations for a safe nuclear power transition are all in place, according to the legislator who chairs the House special committee on nuclear energy...

Read More

President Ferdinand Marcos Jr. has yet to decide on the fate of Philippine offshore gaming operators (POGOs) in the wake of kidnappings and other crimes related to the Chinese-run online gambling activities, his sister, Sen. Imee Marcos, said on Sunday...

Read More

More than 30 armed men have been encamped since last week on the roadside of the Marikina-Infanta Highway within the vicinity of the protected Masungi conservation site, according to its administrators...

Read More

Six areas in Luzon have seen an increased COVID-19 positivity rate, independent analytics group Octa Research reported on Monday...

Read More

The planned martial law museum might end up as a “white elephant” if the funding needed to finish it would remain uncertain under next year’s national budget, the head of the commission tasked to lead the P530-million project warned...

Read More

As more kids return to school after two years of remote learning due to COVID-19, a nutrition expert said parents should not be afraid to expose their children to the external environment as this may help in improving their immune system...

Read More

Nearly half of Filipinos are expecting their quality of life to improve in the next 12 months, according to the Social Weather Stations (SWS) survey results released on Sunday, Sept. 18...

Read More

The Commission on Elections (Comelec) on Sunday reported tallying around 99 percent of “Yes” votes in the plebiscite on dividing Maguindanao into. two separate provinces...

Read More

The Department of Social Welfare and Development is studying a possible one-time extension of the distribution of educational cash aid even after the six-week payout ends on Sept. 24...

Read More

An infectious disease expert supported the Department of Health’s (DOH) revival of the proposal to redefine the term “full vaccination” against COVID-19...

Read More

Technical issues in the loadside facility of the Ninoy Aquino International Airport (NAIA) Terminal 3 caused a power outage on the site Friday evening, Meralco reported...

Read More

Sta. Rosa Rep. Dan Fernandez of Laguna on Sunday said power consumers in Metro Manila must expect a windfall from a P105-billion refund in their power consumption in the past six years, while those outside the Manila Electric Co. jurisdiction may likely share over another P100 billion more, this time from their power distributors...

Read More

The Philippine Chamber of Commerce and Industry (PCCI) said it is “critical” at this point to take measures to develop the agriculture sector and micro, small and medium enterprises (MSMEs), as these are drivers of the economy in the countryside...

Read More

The Philippines’s rice imports as of September 8 breached the 2.8-million metric ton (MMT) mark and surpassed last year’s volume of 2.771 MMT, the latest government data showed...

Read More

Ma. Michelline L. Reyes, 55, operates a mom-and-pop store that sells shampoo in sachets, coffee in packets and other odds and ends in Marikina City near the Philippine capital...

Read More

The Bangko Sentral ng Pilipinas (BSP) is likely to continue its rate hike cycle on Thursday, with several analysts forecasting a 50-basis-point (bp) increase as the US Federal Reserve is also expected to further tighten policy this week...

Read More

Filipinos will have no choice but to spend more as prices, particularly of food items, continue to rise due to the continued depreciation of the peso against the dollar...

Read More

Commodity exports dropped to $6.2 billion in July 2022, following the second month of decline in electronics exports, preliminary data from the Philippine Statistics Authority showed...

Read More

Allowing business process outsourcing (BPO) firms to keep their work-from-home option and tax incentives as long as they register with the Board of Investments (BOI) is a “win-win” compromise...

Read More

The government, through the state-run Philippine National Oil Co.-Exploration Corp. (PNOC-EC), is raring to make progress in its oil and gas prospects to fuel the current administration’s push for the development of the country’s indigenous energy resources...

Read More

The Pagkakaisang Samahan ng mga Tsuper at Operator Nationwide (Piston) on Saturday said the oil price reduction and removal of its taxes is the best solution to help not only the drivers, but also the commuting public...

Read More

Oil companies are expected to implement a rollback on the prices of fuel products starting Tuesday next week (September 20), said Unioil Petroleum Philippines...

Read More