The Philippines has won a seat in the Commission on the Limits of the Continental Shelf (CLCS), a body of the United Nations that facilitates the implementation of the United Nations Convention on the Law of the Sea (UNCLOS). DFA Secretary Teodoro Locsin Jr. and Philippine candidate to Commission...
Foreign Affairs Secretary Teodoro Locsin Jr. has expressed disappointment in Australia for not supporting the Philippines' bid for a seat in the Commission on the Limits of the Continental Shelf (CLCS). DFA Secretary Teodoro Locsin Jr. (Photo courtesy of the DFA) Locsin vented his sentiments on...
The Fiscal Incentives Review Board (FIRB) revealed that the Philippine Economic Zone Authority (PEZA) is not tracking the inflow of actual investments made by its registered business enterprises (RBEs). In a statement, Finance Assistant Secretary and FIRB Secretariat Head Juvy Danofrata said PEZA...
The Government of the People’s Republic of China will finance the construction of a P19.32 billion two-way, four-lane bridge connecting Davao City and the Island Garden City of Samal in Mindanao, the Department of Finance (DOF) announced. In a statement on Tuesday, June 14, the DOF said the...
OFW FORUM Jun Concepcion How to serve millions of OFW constituents literally spread across the whole wide world, including remote parts of Africa, South America and Central Asia, makes the job portfolio of Ms. Toots Ople, newly-appointed secretary of the Department of Migrant Workers, one of the...
Incoming Finance Secretary Benjamin E. Diokno wants to put in place a formal fiscal plan that will take control of government expenditures, set clear borrowing and revenue programs, as well as design policies to manage budget deficits in the next six-years. Diokno, who is currently governor of the...
The next chief of the Department of Budget and Management (DBM) wants to revisit the first full-year budget that the incoming administration of Ferdinand R. Marcos Jr. will submit to Congress. Incoming Budget Secretary Amenah F. Pangandaman said that the DBM staff will reconvene to go over the...
The Philippines will open an embassy in war-torn Kyiv in Ukraine, outgoing Foreign Affairs Secretary Teodoro Locsin Jr. bared. DFA Secretary Teodoro Locsin and Ukraine Deputy Minister Dmytro Senik Locsin disclosed the plan after meeting Ukraine Deputy Minister Dmytro Senik on Thursday, June 9....
The Department of Science and Technology (DOST) capped off on Friday, June 10 its Science for Change Program (DOST-S4CP) summit series at the Crimson Hotel in Alabang, highlighting projects in Metro Manila and South Luzon. (Photo courtesy of Undersecretary for R&D Dr. Rowena Cristina...
Climate change adaptation and mitigation needs to be placed at the heart of socioeconomic planning for the country to achieve its 2040 vision of eradicating extreme poverty, the National Economic and Development Authority (NEDA) said. At the recent Philippine Environment Science Summit 2022,...
The United States will help the Philippines in its defense modernization goals, a top US official said. DFA Secretary Teodoro Locsin and US Deputy Secretary Wendy Sherman (Photo courtesy of the DFA) United States Deputy Secretary of State Wendy Sherman told Foreign Affairs Secretary Teodoro Locsin...
The Fiscal Incentives Review Board (FIRB) welcomed the decision of Concentrix, a major business process outsourcing (BPO) firm, to give up its tax perks in exchange for a continued hybrid work setup for its employees. Finance Assistant Secretary and FIRB Secretariat Juvy Danofrata said...
