The Department of Finance (DOF) urged climate experts and leaders from the public, private, and development sectors to invest more in resilience finance to reduce climate risks and disasters. At the Climate Investment Forum organized by the Climate Change Commission (CCC), Finance Secretary...
Two European officials visited the heads of the Department of Science and Technology (DOST) and the Philippine Space Agency (PhilSA), DOST said on Wednesday, Nov. 23. Giovanni Serritella (from left), EU Philippines Program Manager for Environment; Maria Terron Puig, DG-INTPA Philippine Desk...
Trade and Industry Secretary Fred Pascual started his onsite price watch with the pilot run of “Ikot Palengke” in Marikina City public market and supermarkets to tighten price and supply monitoring of basic necessities and prime commodities (BNPCs), ensure fair trading, and consumer protection...
The Department of Finance (DOF) has vowed to resolve the complicated military and uniformed personnel (MUP) retirement and pension system that continues to take a heavy toll on the government’s yearly budget. Finance Secretary Benjamin E. Diokno said on Wednesday, Nov. 23, that the MUP pension...
Transportation Secretary Jaime Bautista said the goal now of his agency is to make the Philippines "the Maritime Capital of the World by supplying the "seafarers of choice for the global maritime industry." Bautista, who announced his department's goal Wednesday, Nov. 23, noted there over 600,000...
President Ferdinand "Bongbong" Marcos Jr. has belied reports that Finance Secretary Benjamin Diokno would be replaced by Albay Representative Joey Salceda. President Ferdinand 'Bongbong' Marcos Jr. (Photo courtesy of the Office of the Press Secretary) Marcos labeled the circulating claims as "fake...
Every year, road crashes kill 12,000 Filipinos, Department of Transportation's (DOTr) revealed Tuesday, November 22, during the agency's first Road Safety Symposium. However, road-related injuries and deaths can be prevented, he underscored. "We have a shared responsibility to protect every...
Trade and Industry Secretary Alfredo E. Pascual assured biotech companies of ease of doing business in the country and tax incentives as he pushed for more innovative industries to address food security and improve the country’s participation in global value chains. “Biotech companies can...
The Philippines is now gearing up to be a major maritime nation, Department of Transportation (DOTr) Secretary Jaime Bautista announced Monday, November 21, 2022. For this reason, the DOTr seeks to strengthen maritime sector agencies, such as the Philippine Ports Authority (PPA) and the Maritime...
The Department of Budget and Management (DBM) has laid out several important strategic priorities to address existing gaps on open and inclusive governance. At the Pilipinas Conference 2022 on Monday, Nov. 21, Budget Secretary Amenah F. Pangandaman, said the government needs to leverage digital...
The Department of Finance (DOF) said that meeting the government’s economic growth target this year has become more certain, given the sustained recovery of domestic demand and improved labor market conditions. Finance Secretary Benjamin E. Diokno said the government would meet the 6.5 percent to...
The Department of Finance (DOF) said the national government’s budget deficit this year may fall below ceiling due to higher than expected revenue collections of its two main tax agencies. Finance Secretary Benjamin E. Diokno said the fiscal deficit as a share of gross domestic product (GDP)...
