The Marcos administration is actively courting British investors, encouraging them to choose the Philippines as the location for their business expansion, the Department of Finance (DOF). Among the prominent British companies that the delegation engaged with were Actis, BP Plc, Global...
The Philippines needs to keep pursuing tax reform measures pending in Congress en route to its plan to narrow its yawning budget deficit, according to the World Bank. In its Philippines Monthly Economic Developments report for October 2024, the World Bank noted that the fiscal deficit as a share of...
The Cybercrime Investigation and Coordinating Center (CICC), an agency under the Department of Information and Communications Technology (DICT), has issued a warning to the public about scams, particularly those related to online bookings. (Photo from Unsplash) “While our fellow Filipinos...
To enhance coordination and support in areas affected by Severe Tropical Storm (STS) Kristine, the Department of Information and Communications Technology (DICT) has activated its Emergency Operations Center (EOC). (DICT / MB Visual Content Group) As the lead for the Emergency...
By DERCO ROSAL Department of Finance (DOF) Secretary Ralph G. Recto has secured the support of London executive Alderman Michael Mainelli to boost the Philippines’ ambitions in artificial intelligence (AI) and climate finance. On the sidelines of the Philippine Economic Briefing in London, Oct....
After severe tropical storm Kristine left the country comes the recovery phase. How fast can infrastructure be repaired, or built to replace the structures that were damaged or destroyed? How fast can people go back to a gainful occupation after experiencing strong winds and rains that...
The Philippines has co-organized a historic Parliamentary Roundtable Discussion to strengthen legislative support for the world’s Women, Peace and Security (WPS) agenda. The Department of Foreign Affairs (DFA) tied up with Japanese foundation Sasakawa Peace Foundation (SPF) in hosting the...
Gender and Development (GAD) needs to be mainstreamed into the national budget, Department of Budget and Management (DBM) Secretary Amenah F. Pangandaman said at the international conference on women, peace, and security (ICWPS). “What we should do, more than tagging this budget, (is that) we...
Renewable energy (RE) firm Alternergy Holdings Corporation announced that the Department of Energy (DOE) approved its request to increase the registered capacity of the Tanay Wind Power Project. In a disclosure to the Philippine Stock Exchange on Wednesday, Oct. 30, Alternergy said the DOE...
As All Saints’ Day and All Souls’ Day approach, Filipinos are urged to be energy-conscious ahead of their weekend travels to hometowns. The Department of Energy (DOE) has called on the public to consider their energy consumption and travel plans, noting the importance of sustainability during...
Budget Secretary Amenah F. Pangandaman has assured that public projects jointly funded with bilateral and multilateral development partners will be implemented as scheduled next year, as most of them formed part of the regular 2025 budget proposal. "So far, when I saw the GAB [general...
By DERCO ROSAL Finance Secretary Ralph G. Recto said that the Department of Finance (DOF) will abide by the Supreme Court’s (SC) temporary restraining order (TRO) that halts the utilization of Philippine Health Insurance Corp.’s (PhilHealth) idle, unused, and excess funds. On Tuesday, Oct. 29,...
