President Marcos has signed an executive order that unveils a list of investment areas open to and restricted for foreign investors. Under Executive Order No. 113, dated April 13, the 12th Regular Foreign Investment Negative List (RFINL) is amended. According to the Department of Economy, Planning,...
Senator Loren Legarda has called on Malacañang to take a clear stand on the suspension of value-added tax (VAT) on fuel, noting that there are now many pending bills filed to suspend it but there is still no word of assurance from the Palace yet. On Wednesday, April 15, Legarda filed Senate Bill...
Executive Secretary Ralph Recto has ordered local government units (LGUs) to work closely with transport and energy agencies to ensure the smooth rollout of fuel subsidies and fare discounts for commuters amid rising oil prices. Recto said this following a meeting on Wednesday, April 15, that...
ILOILO CITY – Department of Public Works and Highways Secretary Vince Dizon pushed the completion of long-delayed projects in the city and province of Iloilo during a visit on Wednesday, April 15. “I need to come because if I don’t come here, there is no sense of urgency. But if I go to an...
The country risks pushing 1.3 million more people into poverty as an energy crisis and record-high fuel prices threaten to drive the national poverty rate to 14.4 percent, the state-run Philippine Institute for Development Studies (PIDS) warned. Before the Middle East conflict triggered a national...
President Ferdinand Marcos Jr. lauded Manila on Thursday, April 16, as the capital led the roll out of the national government’s “Biyayang Bigas” program, commending its swift and efficient implementation. Joining Manila Mayor Francisco “Isko Moreno” Domagoso at SM City Manila, Marcos...
Detainee Ramil Madriaga 's appearance before the House Committee on Justice last Tuesday, April 14 didn 't disappoint in terms political drama, smack dab in the middle of Vice President Sara Duterte 's impeachment proceedings. The alleged former intelligence officer and bagman read...
President Marcos has led the rollout of the “Biyayang Bigas” program in Manila, reiterating his goal of ensuring that no Filipino goes hungry by the end of his term. Speaking during the distribution at SM City Manila on Thursday, April 16, the President said the initiative is part of the...
More often than not, it’s those unplanned encounters that reveal a child’s confidence, values, and sense of self. Such was the case for nine-year-old Rhiannon Alvarez, whose simple family dinner turned into a memorable and once-in-a-lifetime moment that her mother, Elle Alvarez, would later...
The Philippines is preparing to increase its foreign rice purchases this year as the government moves to stabilize domestic supply and temper price volatility for Filipinos ' main food staple. Agriculture Secretary Francisco Tiu Laurel said the country is ready to scale up shipments from its...
Iran is approximately 7,000 kilometers away from the Philippines. But an ongoing war in that part of the world rattles ours almost immediately. This conflict in West Asia (or the Middle East to the Western world) has disrupted crude oil shipments to the Philippines, a country that imports about 98...
Special Envoy to the United Arab Emirates Ma. Anna Kathryna Yu-Pimentel on Wednesday, April 15 welcomed the opening of the Manila office of Dubai International Chamber, describing it as a clear result of strengthened diplomatic and economic engagement between the Philippines and the United Arab...
