The 2022 national budget is expected to increase by 11% to P5 trillion. — PHILIPPINE STAR/MICHAEL VARCAS By Beatrice M. Laforga, Reporter THE BUDGET department has ordered agencies to prioritize the full devolution of certain local infrastructure projects next year to ensure continuous funding for big-ticket items. A Supreme Court […]
Gov’t to devolve P295B of projects
The 2022 national budget is expected to increase by 11% to P5 trillion. — PHILIPPINE STAR/MICHAEL VARCAS By Beatrice M. Laforga, Reporter THE BUDGET department has ordered agencies to prioritize the full devolution of certain local infrastructure projects next year to ensure continuous funding for big-ticket items. A Supreme Court […]
Gov’t to devolve P295B of projects
The 2022 national budget is expected to increase by 11% to P5 trillion. — PHILIPPINE STAR/MICHAEL VARCAS By Beatrice M. Laforga, Reporter THE BUDGET department has ordered agencies to prioritize the full devolution of certain local infrastructure projects next year to ensure continuous funding for big-ticket items. A Supreme Court […]
Independent Commission Will be Formed to Investigate Capitol Riot
TOP STORIES _____________________________________________________________________________ Questions Remain Over Biden’s Minimum Wage Increase Questions Remain Over Biden’s Minimum Wage Increase Monumental Winter Storm Knocks Out Power to Over 5 Million in Mexico & Texas 9/11 Style Commission Announced by Pelosi to Investigate Capitol Riot Shock and anger have rippled across the country from […]
Local shares rise on potential lockdown easing
COURTESY OF PHILIPPINE STOCK EXCHANGE, INC. LOCAL STOCKS climbed on Tuesday as global equities rallied and following the National Economic and Development Authority (NEDA) chief’s suggestion to further ease quarantine restrictions to help boost consumption. The benchmark Philippine Stock Exchange (PSEi) rose by 84.85 points or 1.21% to end at […]
‘Vaccine nationalism’ may slow pandemic recovery
Incoming World Trade Organization President (WTO) Ngozi Okonjo-Iweala speaks during an interview with Reuters in Potomac, Maryland, US, Feb. 15. — REUTERS/JOSHUA ROBERTS WASHINGTON — The World Trade Organization’s (WTO) incoming chief on Monday warned against “vaccine nationalism” that would slow progress in ending the COVID-19 pandemic and could erode […]
Vaccines: passports to normality?
After a year of mostly terrible news, the rapid roll-out of the coronavirus vaccination programme in the UK has at last brought some positive headlines. Assuming that challenges with supply or new virus mutations do not derail the programme, it is likely that the entire UK adult population will […]
WHO approves AstraZeneca COVID vaccine for emergency use
REUTERS GENEVA — The World Health Organization (WHO) on Monday listed AstraZeneca and Oxford University’s coronavirus disease 2019 (COVID-19) vaccine for emergency use, widening access to the relatively inexpensive shot in the developing world. “We now have all the pieces in place for the rapid distribution of vaccines. But we […]
Investment in digital technology set to deliver £232bn boost to UK economy by 2040
Investment in digital technology is set to increase UK GDP by £232bn in 2040, according to a new study. The research, commissioned by Virgin Business with analysis by the Centre for Economics and Business Research examines how more digital ways of working can support the UK’s economic recovery from Covid-19, found […]
Dollar in doldrums as recovery optimism thrives
By Tom Westbrook STOCK PHOTO SINGAPORE – The U.S. dollar fell to a three-week low on Tuesday, sterling hit an almost three-year high and commodity currencies rose as vaccination progress added to investors’ recovery hopes. The buoyant mood, and a sell-off in U.S. Treasuries, also dragged on the […]