AGIMAT Party-list Rep. Bryan Revilla is calling for a whole-of-government response to the Middle East crisis in a bid to protect the safety and welfare of the estimated 2.4 million overseas Filipino workers in the region. Revilla, chairman of the House Committee on Overseas Workers Affairs, is set...
The Philippine Stock Exchange index (PSEi) staged a sharp recovery on Tuesday, March 10, clawing back a significant portion of the previous session’s losses as retreat in global oil prices bolstered investor appetite for risk. The benchmark PSEi advanced 110.44 points, or 2.01 percent, to finish...
The Department of Education (DepEd) has intensified efforts to address the country’s 165,000-classroom shortage, calling on local government units (LGUs) to take a larger role in accelerating school construction and easing campus congestion. In a statement issued Tuesday, March 10, the department...
The Marcos administration risks seeing inflation surge past its four percent ceiling to nearly five percent this year unless it intervenes through measures such as cutting fuel excise taxes, according to the government’s top economic planner. Economy, Planning, and Development Secretary Arsenio...
ZAMBOANGA CITY – The city government has adopted a four-day work week schedule, pursuant to a memorandum circular issued by President Ferdinand R. Marcos Jr., an official bared Tuesday. Mayor Khymer Olaso said the compressed work week took effect March 9, with working hours from 8 a.m. to 7 p.m.,...
BACOLOD CITY – The provincial government of Negros Oriental has implemented a four-day work week beginning Monday, March 9, to mitigate the impact of rising fuel prices due to the conflict in the Middle East. Gov. Manuel “Chaco” Sagarbarria signed an executive order on Monday adopting a...
The Philippine Chamber of Commerce and Industry (PCCI), the nation’s largest business advocacy group, is calling for President Marcos to be granted emergency powers to stabilize energy costs amid escalating Middle East tensions, which threaten to trigger massive fuel price spikes. In a statement,...
The Marcos Jr. administration is facing difficulty borrowing amid the war in Iran, as domestic lenders demanded higher yields, forcing the government to cap long-dated treasury bonds (T-bonds) at less than half of its intended ₱20-billion fundraising target. The Bureau of the Treasury (BTr)...
ILOILO CITY – The Iloilo provincial government and Iloilo City government are shifting to a four-day work week from Mondays to Thursdays as part of austerity measures as fuel prices soar due to the war in the Middle East. Iloilo Gov. Arthur “Toto” Defensor Jr. and Iloilo City Mayor Raisa...
The Armed Forces of the Philippines (AFP) said Tuesday, March 10, that its operational missions will continue round-the-clock even if the government adopts a four-day workweek for some offices. AFP spokesperson Col. Francel Margareth Padilla said the military is waiting for official guidelines...
Motorists can look forward to smoother and uninterrupted trips as the Department of Public Works and Highways (DPWH) fast-tracked repairs to fully reopen the Maharlika Highway ahead of the Holy Week rush. DPWH Secretary Vince Dizon said Tuesday, March 10, that the ongoing work is part of a...
Senator Francis “Chiz” Escudero on Tuesday, March 10 called on law enforcement agencies to strictly enforce the law to shield Filipino families from opportunists seeking to take advantage of the ongoing war in the Middle East. While global instability continues to drive uncertainty in oil...
