Manila ranks 111th in best student cities 2023

Source: BusinessWorld

The Philippines is "more open to business now," Socioeconomic Planning Secretary Arsenio Balisacan said on Monday as he urged European businessmen to consider the country as an investment destination...

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Locating in the Philippines is a good investment for foreign businesses as the country can serve as a gateway to the population-rich Association of Southeast Asian Nations (ASEAN), according to the National Economic and Development Authority (Neda)...

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The Philippines and ASEAN+3 member economies should boost infrastructure investments, which will help drive economic recovery while maintaining debt sustainability amid a looming global recession, the ASEAN+3 Macroeconomic Research Office (AMRO) said...

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Infrastructure spending rose by 38.4% in November as the government ramped up the completion of public works projects, the Department of Budget and Management (DBM) said...

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The Philippine Economic Zone Authority (Peza) is expecting a number of big-ticket investments to kick in this year, which include applications of planned developments in the electronics, automotive parts and steel industries to spur the growth of its portfolio in 2023...

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The National government (NG) plans to borrow P200 billion from the domestic market in February, the Bureau of the Treasury (BTr) said on Tuesday...

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President Ferdinand "Bongbong" Marcos Jr. said the Philippines will file a protest against China over reports that the Chinese Coast Guard (CCG) drove away Filipino fishermen off the Ayungin Shoal...

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The Supreme Court (SC) is set to resolve the petitions challenging the constitutionality of the no-contact apprehension policy (NCAP) implemented by local government units in Metro Manila...

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In a disaster-prone country like the Philippines, all government workers must be prepared with “emergency go bags” to face any calamity while ensuring that public services are not disrupted during a crisis, according to Cotabato Rep. Ma. Alana Samantha Santos...

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Environment Secretary Antonia Yulo-Loyzaga has signed the implementing rules and regulation (IRR) of Republic Act 11890, or the "Extended Producer Responsibility (EPR) Act of 2022."...

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On Jan. 20, 2023, the Securities and Exchange Commission (SEC) issued proposed implementing rules and regulations (IRR) of Republic Act 11765, or the "Financial Products and Services Consumer Protection Act of 2022" (FCPA)...

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President Ferdinand "Bongbong" Marcos Jr. has committed to certify as urgent the proposed E-Governance law to drive the country's digital transformation, the Private Sector Advisory Council (PSAC) said Wednesday...

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The House of Representatives has passed on third reading the proposed Magna Carta on Religious Freedom Act, which prohibits the government or any person to burden, curtail, impinge or encroach on a person’s right to exercise his/her religious belief, freedom and liberty of conscience except if the act results in violence or if it is necessary to protect the public...

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An official of the Department of Agriculture (DA) on Tuesday said the agency will impose a price cap on the retail price of imported onions effective Wednesday, January 25, to ensure that the outsourced bulbs will not hurt local farmers...

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Philippine Ports Authority (PPA) General Manager Jay Daniel Santiago belied a statement from the Alliance of Concerned Truck Owners and Organizations (Actoo) that the Trusted Operator Program-Container Registry and Monitoring System (TOP-CRMS) being pushed by the agency is set to be implemented on April 1, 2023...

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The Energy Regulatory Commission (ERC) said on Tuesday that the aggressive implementation of a net metering program will help insulate customers from rising electricity prices...

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A group of researchers have seen the power of ChatGPT and decided to include it in their latest scientific paper as an AI coauthor...

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Elon Musk told jurors on Monday he was sure he had locked up financial support from Saudi investors in 2018 to take his electric car maker Tesla Inc. private, and could even have used his stake in rocket company SpaceX to fund a buyout...

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The United States and the Philippines are eyeing joint maritime patrols in the West Philippine Sea...

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The Philippine government's assurance to the European Union community and various shipping stakeholders that the country is addressing and will comply with international standards set by the Standards of Training, Certification and Watchkeeping (STCW) Convention is a positive development for the continued employability of Filipino seafarers onboard German-owned and -managed vessels...

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The next Balikatan (shoulder-to-shoulder) military exercises will be held in Ilocos Norte province from April 24 to 27, with at least 16,000 American and Filipino troops expected to participate...

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US Ambassador Mary Kay L. Carlson said Washington is moving forward with talks that would unlock US assistance for the Philippines’ transition to nuclear energy...

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Growing numbers of people in Asia lack enough to eat as food insecurity rises with higher prices and worsening poverty, according to a report by the Food and Agricultural Organization (FAO) and other United Nations agencies on Tuesday...

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A human rights group and 16 people from Myanmar have filed in Germany a criminal complaint seeking to punish Naypyitaw's generals for genocide, war crimes and crimes against humanity they alleged were committed in the Southeast Asian nation after their 2021 coup and during a 2017 crackdown on Muslim Rohingya...

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Tokyo led gains across Asian markets again Tuesday in another day thinned by the Lunar New Year break, with sentiment boosted once more by a surge on Wall Street...

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European and US stocks seesawed on Tuesday as investors weighed the chances of a global recession this year and more companies report earnings...

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The US Justice Department sued Google on Tuesday for its dominance of the online advertising market, launching a fresh legal battle against the California-based tech giant...

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Iran vowed on Tuesday it would respond to new sanctions imposed by the European Union and the United Kingdom over its handling of monthslong protests triggered by the death of Mahsa Amini in police custody...

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The World Health Organization (WHO) is investigating whether there is any connection between manufacturers whose contaminated cough syrups it has linked to the deaths of more than 300 children in three countries, a person familiar with the matter told Reuters...

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Germany will send Leopard 2 tanks to Ukraine and allow other countries such as Poland to do the same to help Kyiv fight off Russia’s invasion, while the United States may supply Abrams tanks, two sources familiar with the matter told Reuters...

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The international business community expects a challenging 2023 marked by geopolitical tensions, high inflation and the energy crisis, according to the Eurochambers global economic survey published Wednesday...

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Vaccine skeptics blocking transfusions for life-saving surgeries, Facebook groups inciting violence against doctors and a global search for unvaccinated donors — Covid-19 misinformation has bred a so-called “pure blood” movement...

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The international business community expects a challenging 2023 marked by geopolitical tensions, high inflation and the energy crisis, according to the Eurochambers global economic survey published Wednesday...

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Vaccine skeptics blocking transfusions for life-saving surgeries, Facebook groups inciting violence against doctors and a global search for unvaccinated donors — Covid-19 misinformation has bred a so-called “pure blood” movement...

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Two hacker groups associated with North Korea, the Lazarus Group and APT38, were responsible for the theft last June of $100 million from US crypto firm Harmony’s Horizon bridge, the Federal Bureau of Investigation (FBI) said on Monday...

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The planned demonstration and partial operability for San Miguel Corp.’s (SMC) Metro Rail Transit Line 7 (MRT-7) will no longer push through, an official from the Department of Transportation (DoTr) said...

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The Transportation department on Tuesday clarified that the Marcos administration will only privatize the maintenance and operations and not the assets of Metro Manila’s international airport...

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President Ferdinand "Bongbong" Marcos Jr. has rejected a proposal to use dividends coming from government-owned and -controlled corporations (GOCCs) to fund the proposed Maharlika Investment Fund...

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Senate leaders on Tuesday welcomed President Ferdinand Marcos Jr.’s advice for them to carefully scrutinize the proposed Maharlika Investment Fund (MIF), with Senate President Juan Miguel Zubiri saying that the chamber would also consult concerned sectors in discussing the controversial measure...

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The Metropolitan Manila Development Authority (MMDA) on Tuesday said it will procure handheld devices for the implementation in February 2023 of a single ticketing system for Metro Manila...

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The Department of Health (DoH) believes that the coronavirus disease 2019 (Covid-19) cases in the country have become "manageable" after it slid down from the top 10 leading causes of deaths in the country in the past year...

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President Ferdinand Marcos Jr. on Monday defended his decision to keep his concurrent position as agriculture secretary amid deepening challenges in the farming sector, saying he was in a better position to pursue reforms since stakeholders “cannot say no” to him as the chief executive...

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The Commission on Elections (Comelec) has already surpassed its target to register 1.5 million new voters in time for the Oct. 30 village and youth elections, with a week left before voter registration ends on Jan. 31...

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Heart disease was the leading cause of death among Filipinos in 2022, the Philippine Statistics Authority (PSA) said...

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The Department of Health (DOH) has recorded an increase of 186 percent in measles cases in the country last year...

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Maynilad Water Services Inc. (Maynilad) has been ordered to pay P27.4 million to customers affected by water service interruptions caused by problems at its Putatan Water Treatment Plant in Muntinlupa City...

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Sen. Sherwin Gatchalian on Monday said officials of Philippine Gaming and Amusement Corp. (Pagcor) might be criminally liable for awarding a company with dubious credentials a P6-billion contract to audit the revenues of Philippine offshore gaming operators (POGOs)...

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The House of Representatives has joined the Register Anywhere Project of the Commission on Elections (Comelec) to increase the number of registered voters in forthcoming electoral exercises...

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President Ferdinand R. Marcos, Jr. cited red tape and power costs as the top issues raised by foreign investors...

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A proposed sovereign wealth fund that Philippine President Ferdinand R. Marcos, Jr. pitched to world and business leaders in Davos, Switzerland this month risks getting voided by the courts for “sequestering” dividends from state companies, a congressman said on Tuesday...

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Lawmakers on Tuesday renewed their call for the government to ban offshore gaming operations in the Philippines, saying these have become a breeding ground for illegal activities including kidnapping and money laundering...

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The head of the economic team of the Marcos administration is confident that the elevated interest rates globally will not have a significant impact on the country’s fiscal consolidation plan...

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A pullout of Philippine offshore gaming operators (POGOs) in the country would not make much of a dent on the economy, which remains resilient and on an upward growth path, Sen. Sherwin Gatchalian said yesterday...

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President Marcos has directed the Department of Agriculture (DA) to probe the alleged illegal sale of imported palm olein, according to the Federation of Philippine Industries (FPI)...

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The Department of Agriculture reported at least P1.13 billion damage in the agriculture sector amid rains and flooding brought by the shear line, low pressure area (LPA), and northeast monsoon in at least eight regions in the country...

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The Philippines urgently needs a comprehensive long-term corn development program to help meet the growing demand and reduce importation of the grain, according to feedmillers...

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At least 132,798 metric tons of imported rice have arrived amid the increasing retail prices of the staple food in the country...

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Stocks retreated amid thin trading Tuesday, as other Asian markets remain in Lunar New Year break and investors wait for the release of gross domestic product data on Thursday...

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Local stocks declined yesterday on last-minute profit taking ahead of the release of the country’s 2022 gross domestic product data...

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The Philippine Association of Feed Millers, Inc. (PAFMI) said the government needs to modernize the corn industry in light of increasing demand for animal feed...

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The Philippine Travel Agencies Association (PTAA) is expecting international visitor arrivals in 2023 to approach pre-pandemic levels if no further global disruptions materialize...

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