Cabinet Secretary Karlo Nograles said even with the rollout of the coronavirus (COVID-19) vaccines, the resumption of face-to-face classes will not happen anytime soon as President Duterte remains apprehensive about letting children outside their homes during the pandemic. (JANSEN ROMERO / FILE...
President Duterte wants his Cabinet members to be inoculated with the coronavirus vaccine because he considers them frontline workers, Cabinet Secretary Karlo Nograles said on Thursday, March 4. President Duterte (SIMEON CELI / PRESIDENTIAL PHOTO / FILE PHOTO) The Palace official said that Duterte...
Top tier incentives, primarily a six-year income tax holiday (ITH), is being sought for energy efficiency projects especially those that shall be undertaken by energy service companies (ESCOs). That has been the call put forward by the Philippine Energy Efficiency Alliance (PE2) in its meeting with...
The Federation of Filipino Chinese Chambers of Commerce & Industry, Inc. (FFCCCII), which groups the country’s Filipino-Chinese business groups in the country, Wednesday, (March 3) revealed plans to purchase half a million COVID-19 vaccines for economic frontliners. FFCCCII President...
The Philippine Chamber of Commerce and Industry (PCCI), the largest business organization in the country, has urged local government units to go beyond and above the streamlined travel restrictions of the national government to accelerate the recovery of domestic tourism. PCCI President Amb....
D&L Industries, the country’s largest specialty foods ingredients, plastics and oleochemicals firm, reported full recovery in the fourth quarter of 2020 and expects earnings to return to pre-COVID levels this year In a media briefing, D&L President Alvin D. Lao said “recovery...
Vice President Leni Robredo has responded to a viral photo of a woman getting vaccinated, who she said was not her. On her Facebook page, Robredo posted screenshots of the woman’s photo receiving coronavirus vaccine shot and said, “Hindi po ako ‘yan (That’s not me),” with a facepalm...
GOVERNANCE MATTERS Former Vice President Jejomar Binay Seniors officials of the Philippine National Police (PNP) and the Philippine Drug Enforcement Agency (PDEA) appeared before media a day after the widely reported shootout between policemen and anti-drug agents to confess the obvious – they...
OF TREES AND FOREST Former Senate President Manny Villar Finance Secretary Carlos Dominguez III was quoted last week as saying that “aside from our health-care workers, we will prioritize vaccinating our economic front-line workforce.” Sec. Dominguez, who heads President Rodrigo Duterte’s...
Home improvement and finishing construction supplies retailer Wilcon Depot reported that its net income declined by 31.8 percent to P1.45 billion last year. In a disclosure to the Philippine Stock Exchange, the firm said net sales decreased by 7.5 percent to P22.63 billion as the COVID-19 pandemic...
SM Investments Corporation (SMIC) registered a net income of P23.4 billion last year, 48 percent lower than the P44.6 billion earned in 2019. Due to the impact of the COVID-19 pandemic, The firm’s consolidated revenues declined to P394.2 billion in 2020 from P502.0 billion in the year before....
The proposed Coconut Farmers and Industry Trust Fund Act or Coco Levy Act, which will pave the way for the release and the utilization of the P100-billion coco levy fund, will lapse into law next week. This is 30 days since the enrolled copy of the Coco Levy Act has been sent to Malacanang on...
