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OPEC forecast that world oil demand will rise further next year, but at a slightly slower rate than in 2022, with consumption supported by better containment of the COVID-19 pandemic and still-robust global economic growth.
In response to the Transportation chief”s directive, PPA officer-charge-General Manager Manuel Boholano said, “Our first order of business is to comply with the directive of the DOTr to lower travel and shipping costs.”
The local production of chicken and chicken products is already improving, a top official of the Department of Agriculture-Bureau of Animal Industry (DA-BAI) said Tuesday.
Despite current market woes, the Philippine Chamber of Commerce and Industry (PCCI) sees a growth in the country”s gross domestic product by 6% to 6.5% within the second half of the year.
A measure that would “address imbalances brought by regressive tax reform laws such as TRAIN and CREATE that offer little benefits to poor and middle-class families” was filed by Makabayan bloc lawmakers in the House of Representatives on Tuesday.
Flag carrier Philippine Airlines (PAL) on Tuesday announced additional flights between Manila and Basco, Batanes, which will be scaled up to daily flights next month.
“Strong rains usually cause increased turbidity in the raw water coming from Angat and Ipo Dams, which might constrain us to reduce water production in our treatment plants to ensure the quality of water that you will get,” Maynilad said.
The Philippine peso is now nearing all-time lows against its US counterpart, as it weakened for the second straight trading day to mark its worst showing in 17 years.
In its report, Ookla said that the Philippines is a “duopoly no more,” recognizing the impact of DITO in disrupting the mobile telecommunications space which was earlier dominated by Globe Telecom and PLDT”s Smart Communications.
The Philippines’ trade deficit widened in May as imports grew by over 30% during the month, data released by the Philippine Statistics Authority (PSA) on Tuesday revealed.