MANILA, Philippines — The Philippines’ two biggest water companies said Wednesday that rates could go up should the government revoke the extension of concession deals of both utilities as the move would shorten the period that the water providers can recover their investments. President Rodrigo Duterte has berated both Manila Water Company Inc. and Maynilad […]
Read MoreAs the creation of better-paying jobs offset the impact of last year’s high inflation episode, the poverty incidence rate in the country dropped to 16.6 per cent last year, the government reported on Friday. At a national poverty threshold – the minimum income required to meet basic food and non-food requirements – of 10,727 pesos […]
Read MoreMANILA, Philippines — Executive checkups, dental procedures are some of the medical treatments the Philippines has to offer that could attract more health and wellness tourists into the country, an official of the Department of Tourism (DOT) said. “In the case of medical tourism, we’ve identified the priority treatments where we feel the Philippines can […]
Read MoreMANILA, Philippines — The Philippines is expected to see improvements in the outbound shipment of nickel ore next year as the country benefits from the Indonesian ban on the export of the mineral. The Philippine Nickel Industry Association (PNIA) said nickel direct shipping ore for 2020 will likely exceed the 39 wet metric tons (WMT) […]
Read MoreMANILA, Philippines — Total exports of the country would likely grow by two to four percent this year, with the increase to be driven mostly by the services sector, the Department of Trade and Industry (DTI) said over the weekend. For next year, the DTI expects total exports to rise by four to six percent […]
Read MoreMANILA, Philippines — The number of jobless Filipinos went down in October as all economic sectors were able to create more jobs, but there are still indications that the quality of jobs must be improved, the Philippine Statistics Authority (PSA) said. Based on the preliminary results of the October 2019 round of the Labor Force […]
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