December 15, 2023

Caraga wage board OKs P35 hike for minimum earners

MANILA: The Regional Tripartite Wages and Productivity Board (RTWPB) in Caraga (Region 13) has approved a PHP35 increase in salaries of minimum wage workers.

In Wage Order No. RXIII-18 which was motu proprio issued on Dec. 5, 2023, increased the

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PBBM arrives in Tokyo for ASEAN-Japan ties anniversary

MANILA: President Ferdinand R. Marcos Jr. arrived in Tokyo on Friday for the 50th Commemorative ASEAN-Japan Friendship and Cooperation Summit.

Marcos was welcomed by Japanese officials when he landed at the Haneda International Airport at 6:13 p.m. (…

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BSP sees easing of surplus in 2024

MANILA: The Bangko Sentral ng Pilipinas (BSP) projected that the country’s balance of payments (BOP) for 2023 and 2024 will post surpluses but will be narrower next year.

In a statement Friday, the central bank forecast that the country’s surplus

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ADB, PH sign 2 loan deals

MANILA: The Philippine government, through the Department of Finance (DOF), and the Asian Development Bank (ADB) signed on Friday the first tranche of the financing for the Bataan-Cavite Interlink Bridge (BCIB) and the Infrastructure Preparation and I…

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Davao Region inflation rate drops to 4.9% in November

DAVAO: The year-on-year headline inflation of the Davao Region slowed down to 4.9 percent in November this year, from 5.2 percent in the previous month, the regional Philippine Statistics Authority (PSA-11) office said Friday.

In a statement, PSA-11 …

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