Local businesses can now adopt work-from-home setups without losing valuable tax incentives as the newly enacted Corporate Recovery and Tax Incentives for Enterprises to Maximize Opportunities for Reinvigorating the Economy (CREATE MORE) Act officially permits flexible work arrangements. The...
The Department of Energy (DOE) is awaiting President Ferdinand Marcos's approval to commence hydrogen exploration in the Philippines as part of the government's ongoing efforts to diversify its energy sources. On the sidelines of the Stratbase ADR Institute’s Pilipinas Conference 2024,...
TUGUEGARAO CITY, Cagayan – This province has been declared free from the highly pathogenic avian influenza after several months of monitoring and other disease control operations. LAUREL (DA FB) Agriculture Secretary Francisco P. Tiu Laurel Jr. issued Memorandum Circular No. 46 declaring Cagayan...
The Department of Education (DepEd) has been urged to address the significant gap in the number of schools lacking principals and to implement strategies to better support and develop school leaders. (NOEL PABALATE / MANILA BULLETIN / FILE PHOTO) The Second Congressional Commission on Education...
The Philippines is poised to not only remain as the world's No. 1 rice importer for the third-consecutive year but also buy from abroad a new record-high 5.1 million metric tons (MT) during the current marketing period, according to the United States Department of Agriculture (USDA). The...
The Department of Energy (DOE) is imposing stricter monitoring of the increased biodiesel blend to ensure compliance with the mandated coconut methyl ester (CME) content in diesel fuel. One month after implementation of the increased blend, the DOE, through its Oil Industry Management Bureau...
Following the lower-than-expected third-quarter growth, the Department of Budget and Management (DBM) said it will prioritize agriculture and climate action to foster stronger economic growth in the year’s final three months. “We will reinforce our prioritization of agriculture and climate...
Department of Transportation Secretary (DOTr) Secretary Jaime J. Bautista urged Italian companies and investors to consider funding transport projects in the Philippines amid the government’s efforts to improve the mass transportation in the country. During the high-level ASEAN-Italy Economic...
Senate Minority Leader Aquilino “Koko” Pimentel III on Thursday, November 7, urged the Department of Transportation (DOTr) to adopt the United States’ policy of requiring airlines to conduct automatic refunds for all canceled and/or delayed flights. Pimentel made the call after...
Despite concerns over depleted Quick Response Funds (QRF) in some government agencies, the Department of Budget and Management (DBM) has assured the public that sufficient funds are available to support areas ravaged by recent natural disasters. In a statement on Thursday, Nov. 7, Budget...
Soaring interest payments, especially for debts that piled up to fight the Covid-19 pandemic, may slow down fiscal consolidation or budget-deficit reduction in the Philippines, according to the think tank Oxford Economics. "Because government deficits have ballooned quickly in the last few years, a...
The Philippines leads the Southeast Asian (SEA) region as the fastest-growing internet economy in Southeast Asia due to its growing domestic consumption, revitalized services sector, and higher remittances from overseas Filipino workers (OFWs). The Department of Trade and Industry (DTI) cited...
