October 15, 2017
| Finance | National Government Units | Public Service Announcement
State subsidies to government-owned and -controlled corporations (GOCCs) dropped in August, but the Duterte administration’s total monetary aid to these companies continued to rise in the first eight months of the year. State subsidies to government-owned and -controlled corporations (GOCCs) dropped in August, but the Duterte administration’s total monetary aid to these companies continued to Read More
October 12, 2017
| Developments | Finance | Subic Bay Metropolitan Authority
SUBIC BAY FREEPORT—The Subic Bay Metropolitan Authority will ask the national government for funds for major infrastructure projects planned for implementation here starting next year. Photo by: libertycalllogix.com/ SBMA Chairperson and Administrator Wilma T. Eisma said the funds would help fix two crucial accesses to the premier free port. “The first order of business is Read More
October 2, 2017
| Developments | Finance | Logistics | Port | Subic Bay Metropolitan Authority
SUBICBAY FREEPORT—The rehabilitation of piers and wharves in the Subic Bay Freeport Zone will be the priority of the Subic Bay Metropolitan Authority (SBMA) in order to fully realize the potential of this premier maritime-logistics center. In Photo: The Alava Pier in the Subic Bay Freeport, a priority item in the SBMA’s port rehabilitation program, Read More
September 30, 2017
| Finance | Local Government Units | National Government Units | Olongapo
The Commission on Audit (COA) has revealed that the Olongapo City government has been remiss in its duty to collect over P159 million in additional revenues from delinquent constituents, blaming such negligence to the city’s failure to finance vital programs and projects of the city. At the same time, COA decried Olongapo City’s failure to Read More
September 22, 2017
| Business | Finance | Information Technology
New investment pledges in the IT-BPM industry registered through various promotion agencies fell 34 percent in the second quarter from a year ago, continuing the decline in one of the country’s top dollar earners that the trade chief had partly attributed to the uncertainty in US policy. photo by: blog.philippinesbusinesstours.com Collecting the pledges registered through Read More
