Debt-watcher S&P Global maintained the Philippines' investment grade status with stable outlook as it expects the economy to remain robust on the back of strong domestic demand. S&P on Thursday, Nov. 17, kept the country's long-term foreign-currency rating at "BBB+," which is one notch away...
The Department of Public Works andHighways (DPWH) has completed a flood control project at the Porac River, which it said, will protect the low-lying areas in Floridablanca, Pampanga from flooding during heavy rains. DPWH Regional Office 3 Director Roseller A. Tolentino said the 171.3-lineal meter...
The National Economic and Development Authority (NEDA) has assured Malacañang that the Marcos administration’s development plan will be ready for implementation beginning next year. In a briefing with President Ferdinand R. Marcos Jr. last Nov. 15, Socioeconomic Planning Secretary Arsenio M....
Government workers will receive their year-end and cash gift bonus beginning Tuesday, Nov. 15. In a statement, Budget Secretary Amenah F. Pangandaman said the national government earmarked P65.35 billion to cover the year-end and cash gift bonus of state personnel. Of that amount, P56.73 billion is...
The Department of Public Works and Highways (DPWH) has completed a road in Nueva Ecija, which it said, will provide better access to Barangay Homestead in Talavera, Nueva Ecija. DPWH Secretary Manuel M. Bonoan said that the newly-constructed road is vital as it connects Barangay Homestead to the...
The Department of Public Works and Highways (DPWH) conferred with the country’s building officials to refresh and update them on the intricacies of the National Building Code of the Philippines (NBCP). In a statement released on Monday, Nov. 14, DPWH Secretary Manuel Bonoan reminded the...
Department of the Interior and Local Government (DILG) Secretary Benjamin ‘Benhur’ Abalos Jr. urged the country’s city and municipal mayors to allow their council members to participate in the year-end assembly of the Philippine Councilors League (PCL). Abalos issued Memorandum Circular (MC)...
Trade and Industry Secretary Alfredo E. Pascual has urged companies to consider the Philippines as their preferred investment destination because it is a gateway to the 10-member countries of ASEAN. During the Hong Kong ASEAN Summit 2022, the Philippine trade chief took advantage of the Summit to...
Australian Foreign Minister Penny Wong is set to visit the Philippines next week, the Department of Foreign Affairs (DFA) announced. Australian Foreign Minister Penny Wong (Photo from Penny Wong - Senator for SA Facebook Page) Wong will be in the country from Nov. 14 to 15. "The Honorable Senator...
Department of the Interior and Local Government (DILG) Secretary Benjamin "Benhur" Abalos Jr. encouraged local chief executives (LCEs) to actively support the younger population's role in addressing pressing climate issues ahead of the celebration of the National Day for Youth Climate Action and...
The Department of Finance has rejected calls by industry groups to review the revised fiscal incentives tax regime and reportorial requirements for the grant of incentives under the Corporate Recovery and Tax Incentives for Enterprises (CREATE) law. Finance Secretary Benjamin E. Diokno, who also...
The Department of Budget and Management (DBM) approved the release of P335.81 million as Bangsamoro Autonomous Region in Muslim Mindanao’s (BARMM) share in taxes. Budget Secretary Amenah F. Pangandaman said on Thursday, Nov. 10, said that BARMM gets P335.81 million share from the taxes and other...
