The Ilocos Norte 1st district Rep. Sandro Marcos-backed travel tax abolition bill--which seeks to scrap the much-panned fee among travelers--has been passed on second reading on Wednesday night, March 11. Approved via simple voice vote (ayes vs. nayes) during plenay session Wednesday was House Bill...
The Philippine Chamber of Commerce and Industry (PCCI), the country’s largest business advocacy group, said it backs government efforts to curb fuel consumption through a four-day workweek but warned such labor arrangements are not universally applicable across all industrial sectors. In a...
Gen. Jose Melencio C. Nartatez, Jr., chief of the Philippine National Police (PNP), advised all policemen to be courteous and active in responding to the complaints and requests for assistance, as he emphasized that there is no room for bad and rude services in the organization. Nartatez issued the...
Fuel prices are poised to surge by double digits for a second consecutive week as escalating Middle Eastern geopolitical tensions continue to roil global energy markets. Early projections based on the Mean of Platts Singapore (MOPS) trading suggest that the local market is bracing for another wave...
ZAMBOANGA CITY – Mayor Khymer Olaso has ordered the deployment of inspection teams to monitor prices of fuel and other commodities here. Olaso issued the order during the Local Price Monitoring Council on Wednesday, March 11, to implement measures to arrest hoarding and price manipulation due to...
Pag-IBIG Fund’s Loyalty Card Plus has surpassed ₱1 billion in total discounts granted to members, as the program expanded to 507 partner establishments nationwide. Pag-IBIG Fund launched the Pag-IBIG Loyalty Card in 2014 to give members access to discounts and special offers from partner...
The Office of the Special Assistant to the President (OSAP), through the Inter-Cabinet Cluster Mechanism on Normalization (ICCMN), discussed the implementation of the Comprehensive Agreement on the Bangsamoro (CAB) and the peace process in the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM)...
Philippine government infrastructure spending yields bigger economic gains when directed to less-developed regions, the ASEAN+3 Macroeconomic Research Office (AMRO) said, but governance and implementation capacity constraints must first be addressed to unleash this output potential. “Targeting...
A Senate panel on Wednesday, March 11, approved "in principle" the proposals that would grant President Marcos powers to either suspend or reduce excise tax on fuel amid rising fuel costs. "In principle, the members who attended are supportive of the main principle of the bill, which is to give...
Local stocks climbed for a second consecutive session as investors scooped up beaten-down shares, tracking the broader shift in sentiment fueled by expectations of a massive release of global oil reserves. The Philippine Stock Exchange index (PSEi) advanced 31.67 points, or 0.52 percent, to finish...
Senate President Vicente “Tito” Sotto III on Wednesday, March 11 expressed his support on suggestions to allow its employees to work from home as part of efforts to conserve energy in response to the conflict in the Middle East. Senate Secretary Mark Llandro Mendoza, the Senate leader said,...
Philippine authorities in Israel are looking to repatriate the remains of overseas Filipino worker (OFW) Mary Ann Velasquez de Vera this week, a joint House panel on the Middle East conflict learned on Wednesday, March 11. De Vera, a Filipina caregiver from Pangasinan, is the first and only...
