PHILIPPINE STAR/ WALTER BOLLOZOS THE Department of Budget and Management (DBM) said on Wednesday that low cash utilization rates led to the reduction of 2023 funding for some programs run by the Department of Health (DoH), adding that some of them were also not at a stage where they were implementable soon, bumping them down the budget priority list. “First, ...

PHILSTAR FILE PHOTO THE GOVERNMENT expects to start building three Asian Development Bank (ADB)-funded bridges across the Marikina River in 2023, the Department of Public Works and Highways  said on Wednesday. The civil works for the bridges, valued at a combined P12.03 billion, are set to be completed in 2026, Senior Undersecretary Emil K. Sadain said in briefing the House of Representatives on ...

PHILSTAR FILE PHOTO AN inspection team from China has given the green light for imports of Philippine durian starting this year, China’s ambassador said. “Fresh durian from the Philippines will soon be available in the Chinese market,” Ambassador Huang Xilian said in a Facebook post on Wednesday. “It is expected that fresh durian from Davao will be permitted for import ...

PHILSTAR FILE PHOTO THE coconut industry development plan, backed by a trust fund worth P75 billion, will seek to provide social protections and set up local businesses for the benefit of the estimated 2.9 million farmers in the industry, the Department of Agriculture (DA) said. The Coconut Farmers and Industry Development Plan will draw from the trust fund to modernize ...

THE supply of sardines is expected to be more than adequate in 2022, according to the Bureau of Fisheries and Aquatic Resources (BFAR). The BFAR projected production for the year of 293,430 metric tons (MT), against demand of 101,367 MT. Some 208,387 MT of the catch will be generated by commercial fishing operations, while the remainder will come from municipal ...

THE Bases Conversion and Development Authority (BCDA) said it is promoting New Clark City to potential investors from Australia and New Zealand. BCDA President and Chief Executive Officer Aileen R. Zosa made the pitch to over 50 delegates from the two countries in a recent visit to New Clark City in Capas, Tarlac. Among the upcoming developments in New Clark ...

THE passive income package of the Comprehensive Tax Reform Program (CTRP) was introduced in the House of Representatives on Wednesday, with the senior legislator sponsoring the measure into plenary touting the need to complete the overhaul of the tax system started by the previous administration. Albay Rep. Jose Ma. Clemente S. Salceda, chairman of the ways and means committee, said ...

PNRI.DOST.GOV.PH THE director of the Philippine Nuclear Research Institute (PNRI) told Congress that it must create a separate body to regulate the industry as the Philippines turns to nuclear power, citing the need to prevent conflicts of interest. “The problem with PNRI is I speak like I am a promoter of nuclear power, but I am the regulator. It is ...

The importance of digital transformation has been acknowledged as being of immense importance in safeguarding an organization’s competitiveness and growth. Indeed, organizations have increasingly recognized the potential for streamlining their operations and enhancing efficiency. Digital transformation involves the use of technology in creating new, and modifying current, business processes, customer experiences and cultures to meet the requirements of a dynamic ...

THE UNIVERSITY Athletic Association of the Philippines (UAAP) ushers in its second straight season this year on October 1, hoping to swing back to a full calendar after a compressed edition last time out. The full list of events is yet to be announced later this month but hopes are high for the UAAP — with Cignal TV as official ...