The Department of Finance (DOF) has clarified that a new law will not tax the savings of ordinary Filipinos, as it only standardizes the tax rate on interest income, eliminating the unfair preferential treatment previously enjoyed by the wealthy. Finance Secretary Ralph G. Recto said the passage of...
Finance Secretary Ralph G. Recto said slapping the online gaming industry with a 10-percent tax could generate at least an additional ₱20 billion in revenues annually. Recto told reporters during an informal press chat that taxing each gamer per bet is more challenging to implement. He said it...
The Economy and Development (ED) Council has approved the North-South Commuter Railway (NSCR) operations and maintenance project, valued at around ₱229.3 billion, during its second meeting on Tuesday, July 15. Department of Economy, Planning, and Development (DEPDev) Secretary Arsenio M....
BEYOND BUDGET Assalamu alaikum wa Rahmatullahi wa Barakatuh. Every child holds a promise for the future of our country. To reach their full potential and be productive members of society, they must be given a fair start in a nurturing, safe, and secure environment — not only to survive but to...
Newly-appointed Presidential Communications Office (PCO) Secretary Dave Gomez has directed all "political appointees" in the agency to submit their courtesy resignations. Gomez confirmed on Tuesday, July 15, that he indeed made the directive. "I confirm that. It 's part of the standard...
ILOILO CITY — The construction of a 62-megawatt (MW) solar power plant is underway in northern Iloilo province. Department of Energy (DOE) Secretary Sharon Garin joined executives of Jin Navitas Solaris Inc. (SOLARIS) led by Jainto Ng Jr. during the July 11 groundbreaking of Iloilo’s first...
President Marcos believes that the new communications secretary, his fifth under his term, would be able to accurately and clearly send the government 's message to the public. After administering the oath of office of new Presidential Communications Office (PCO) Secretary Dave Gomez, Marcos...
Hundreds of members of the Association of Reservists and Reservist Administrators of the Philippines (ARRAPI) from Luzon, Visayas, and Mindanao on Monday expressed support for Defense Secretary Gilberto C. Teodoro Jr. following a report that he holds a Maltese passport. They slammed the report as...
The Department of Education (DepEd) on Friday, July 11, called on local government units (LGUs) across the country to maximize the use of their Special Education Fund (SEF) for high-impact school initiatives, especially in the areas of digital education and learner welfare. “Siguraduhin natin na...
Senator Pia Cayetano joined on Friday, July 11 health , civil society and child rights advocates in opposing the appointment of Dave Gomez as secretary of the Presidential Communications Office (PCO). Cayetano said appointing someone with longstanding ties to the tobacco industry to a top...
The Department of Energy (DOE) stated that the Atimonan coal plant project faces significant hurdles in securing re-approval under the coal moratorium exemption. In a briefing, Energy Secretary Sharon S. Garin explained that the coal project‘s re-evaluation must meet regulatory requirements,...
President Marcos has appointed a new Presidential Communications Office (PCO) secretary, his fifth communications chief three years into his term. Marcos named Dave Gomez as the new PCO chief, replacing Jay Ruiz. "We are pleased to announce that President R. Marcos Jr. has appointed Mr. Dave Gomez...
