The government will distribute direct cash assistance of P5,000 to as many as 59,125 farmers in Nueva Ecija to be funded from the excess rice import tariff collection under the Rice Competitiveness Enhancement Fund (RCEF). The Department of Agriculture (DA) formally launched this week RCEF’s Rice...
Road improvement has been completed in Bataan while the rockfall barrier system is on its way to completion in Tarlac as government projects continue under the Department of Public Works and Highways (DPWH). The department started the construction of a 13,852.80 square meters rockfall barrier slope...
President Duterte’s economic managers will meet this week with the foreign chambers of commerce to tackle the country’s recovery initiatives and present their investment priority sectors. The economic team led by the Department of Finance (DOF) and the Bangko Sentral ng Pilipinas (BSP) will...
NIGHT OWL Anna Mae Lamentillo Secretary Karl Kendrick Chua has become a household name in the Duterte administration since his appointment as the National Economic and Development Authority (NEDA) chief at the onset of the COVID-19 pandemic in April 2020. But long before he was named as NEDA chief,...
Foreign Affairs Secretary Teodoro Locsin Jr. believes that human trafficking will only end with "the traffickers and enablers" in governments. DFA Secretary Teodoro Locsin Jr. (Screengrab from DFA Facebook Page) Speaking at the high-level meeting of the General Assembly for the Appraisal of the...
The proposed project of the Department of Public Works and Highways (DPWH) for the construction of the Laguna Lakeshore Road Network (LLRN) is set to begin next month with the detailed engineering design (D.E.D.), the government agency has announced. DPWH Acting Secretary Roger G. Mercado,...
The Philippines will share the inroads it has made in translating theories on addressing climate change into actionable projects on the ground with other ASEAN peers to help accelerate adaptation and mitigation efforts meant to avert catastrophic global heating. Finance Secretary Carlos G....
As the agency works on the country’s economic recovery program, the National Economic and Development Authority (NEDA) is also gearing up to look beyond the pandemic and prepare for the future. "We are working on two things: the current problem, and the future,” Socioeconomic Planning Secretary...
A group of farmers welcomed the call of Fertilizer and Pesticide Authority (FPA) to increase the local production of fertilizers amid the rising cost of this farm input. In a statement, Kilusang Magbubukid ng Pilipinas (KMP) said such a call from FPA contradicts the importation stance of the...
The Bureau of Customs (BOC) incurred P3.4 billion in forgone revenues due to lower pork import tariffs, the Department of Finance (DOF) reported on Monday, Nov. 22. The tax collection losses stemmed from the government’s effort to boost the supply of pork and stabilize its retail prices in the...
The Department of Finance (DOF) is exploring how foreign governments can contribute to the Philippines’ efforts to accelerate the decommissioning and repurposing of its coal-fired power plants. As overseas companies have a significant stake in the country’s coal-fired power plants, DOF...
By Dr. Manuel M. Dayrit MD, MSc, Former Secretary of Health Many of us have lost loved ones, friends, or acquaintances to COVID-19. Just this month, I lost a medical school classmate who is an ENT surgeon. On the other hand, I have classmates and friends who battled COVID and survived. The spectre...
