• 29 August 2015
MALACAÑANG, MANILA, Aug. 29 -- Visiting Prime Minister of the Kingdom of Thailand Prayut Chan-o-cha on Friday praised President Benigno S. Aquino III's ‘Straight Path’ vision to reform and develop the Philippines into a more prosperous country. In his message during a luncheon hosted in Malacañang Palace in his honor, the Thai leader said he was impressed by the country's beauty, as well as President Aquino's commitment in translating his vision into concrete action. "This is evidenced by the progress, good governance and the successful economic recovery to achieving a continued high growth at an annual rate of 6.2 percent during the past five years, which is also the highest economic growth in the past 40 years," he said. As a result, he noted, the Philippines is widely praised by the international community as the "new rising star" of the region. Congratulating President Aquino for the country's successes, Prime Minister Prayut said he is confident that the vision laid by his Philippine counterpart will serve as an important foundation in guiding the Philippines to greater prosperity in the future. He further said that he was satisfied with his meeting ...Read more

96 flood control projects completed

 CENTRAL  29 August 2015
MANILA, Aug. 29 -- The Department of Public Works and Highways (DPWH) has completed 96 structural and non-structural flood-mitigating projects for National Capital Region (NCR), Regions 3 and 4A, amounting to P4.9 billion. DPWH Secretary Rogelio L. Singson said that the completed projects are part ...Read more

Domestic liquidity continues to expand in July 

 CENTRAL  29 August 2015
MANILA, Aug. 29 -- Preliminary data show that domestic liquidity (M3) grew by 8.5 percent year-on-year in July 2015 to reach P7.7 trillion. This was slightly slower than the 9.3-percent expansion (revised) recorded in June. On a month-on-month seasonally-adjusted basis, M3 increased by 0.7 percent. ...Read more
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