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The Department of Transportation (DOTr) and a joint venture of three Chinese companies have signed a multibillion-peso contract for the construction of the first package of the Philippine National Railways South Long Haul project (PNR Bicol).
Labor Secretary Silvestre Bello III (File photo) MANILA - Some 11,500 employees from the private sector have been displaced due to the Alert Level 3 Covid-19 classification in Metro Manila and other areas of the country, Department of Labor and Employment (DOLE) Secretary Silvestre Bello III said on Tuesday. He said the number is way below the Department of Trade and Industry's estimate that the Alert Level 3 status will displace 100,000 to 200,000 workers. "Fortunately, as of, I think that was yesterday or Sunday, the displaced workers because of Alert Level 3 are only more than 11,5...
(Part 2) What will happen to inflation in 2022? I expect inflation to slow down from the high of 4.5% in 2021 to about 3.5% in 2022. World oil prices are expected to go down below $70 per barrel as the global economy slows down again because of lockdowns being re-imposed in both
(Part 1) Prospects for the Philippine economy in the next six to twelve months can still be bright, despite the return to Level 3 during the first half of January 2022 provoked by the surge of infection and hospitalization rates resulting from greater population mobility that accompanied
The P355.6-billion Metro Manila Subway Project (MMSP) is 25.09 percent complete as of December 2021, according to the Department of Transportation ( DOTr). **media[59077,59078]** The MMSP is the Philippines’ first underground mass transport system and one of its largest infrastructure projects. A