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Manila Bulletin devider Philippines devider National devider MB Daily News Update: New law to spur economic recovery

MB Daily News Update: New law to spur economic recovery

Published Mar 4, 2022 04:44 pm

In a bid to expand livelihood and employment for Filipinos, President Duterte signed a law that would amend the Foreign Investments Act.

Despite the raging conflict in Ukraine, the country was able to keep inflation in-check at 3 percent in the month of February, according to the Philippine Statistics Office (PSO).

And with fuel prices skyrocketing because of the war in the eastern European country, the Department of Agriculture (DA) announced that fuel subsidy amounting to P500 million was approved that would benefit farmers and fisherfolk.

Senator Ronald dela Rosa also disclosed that 34, and not 31 “sabungeros”, have gone missing that added to the mystery that has left law enforcers, the cockfighting community, and the families of the missing persons, all the more unsure about where they are or what caused their disappearance.

These are among the top stories this Friday afternoon, March 4, 2022.


TONDO FIRE – A lady firefighter joins her male counterparts in fighting a blaze that hit several houses at a residential area in Barangay 649, Baseco Compound, at the Port Area in Manila, Friday morning, March 4, 2022. (Manny Llanes)
  1. PH COVID-19 Update:

International reports

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  • Russian invasion of Ukraine

PH reports

  • #MatalinongBoto

Presidential bets

Domagoso

Lacson

Marcos

Robredo

Senatorial bets

Other election-related reports

  • Inflation steady at 3 percent
  • Case of missing ‘sabungeros’
  • Maritime sector ready for 100 percent capacity
  • Fuel subsidy
  • ARTA announcement
  1. Typhoon Odette
  1. Weather Update
  1. Business Corner
  1. Judicial Corner
  1. Legislative Corner
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  1. Metro Roundup
  1. Provincial Roundup

Luzon

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Mindanao

  1. World Roundup
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