The lowering of Metro Manila’s alert level status would provide a solid, positive impact on the government’s efforts to perk up the local economy, the Department of Finance (DOF) said Thursday, Oct. 14. Finance Secretary Carlos G. Dominguez III said that downgrading the National Capital Region...
President Duterte has named Southern Leyte lone district Rep. Roger Mercado as the acting secretary of the Department of Public Works and Highways (DPWH). Newly-installed acting secretary of DPWH, Southern Leyte Rep. Roger Mercado (Photo from House of Representatives website) This was confirmed to...
A total of 1,000 permanent housing units have been turned over to family-beneficiaries in Pandan, Antique as part of the housing commitment of Task Force Yolanda, task force head and Cabinet Secretary Karlo Nograles said Wednesday, Oct. 13. Cabinet Secretary Karlo Nograles (Photo from Karlo...
The National Economic and Development Authority (NEDA) said the government failed to balance its response to the coronavirus disease with the need of equally salvaging the economy from the pandemic-induced crisis. During a Senate hearing on the NEDA’s proposed 2022 budget on Wednesday, Oct. 13,...
The Department of Finance (DOF) said that China’s heightened crackdown on online gambling is the one forcing Philippine offshore gaming operations (POGO) to close shop, and not the government’s new tax measures. Finance Secretary Carlos G. Dominguez III said the exodus of Chinese-run online...
Local farmers will continue to suffer from low palay prices due to typhoons and continuous entry of cheaper, imported rice.
“Palay prices are expected to remain low in the coming weeks with the cumulative effects of typhoons and importation even during the harvest season,
The Philippines’ fight against the African Swine Fever (ASF), a fatal animal disease among hogs, just got even more complicated after areas previously cleared from the dreaded virus reportedly saw its resurgence. Without expounding, Agriculture Secretary William Dar confirmed on Monday, Oct. 11,...
President Duterte’s chief economic manager suggested that the next administration should continue in subsidizing people’s subsequent booster doses of the coronavirus vaccine to ensure the country’s economic recovery. With more COVID-19 booster shots on the horizon, Finance Secretary Carlos G....
The Department of Agriculture (DA) expressed hope on Monday, Oct. 11, that the agreement it signed with the Bureau of Customs would put an end to the smuggling of agricultural products into the country. Department of Agriculture (DA) Secretary William Dar, left, discusses a point during an online...
More than half of the initial list of tax-delinquent social media influencers have yet to begin the sign-up process with the Bureau of the Internal Revenue (BIR) despite crackdown, the Department of Finance (DOF) said. Finance Assistant Secretary Dakila Elteen M. Napao said late Friday, Oct. 8,...
Department of Transportation (DOTr) Secretary Arthur P. Tugade said he will not run in the 2020 elections despite calls from the ruling party for him to join the Senate race. Transportation Secretary Arthur Tugade (Ali Vicoy / File Photo / MANILA BULLETIN) According to Tugade, he decided not to...
The government on Friday, Oct. 8, listed its first onshore retail dollar bonds (RDBs) in the Philippine Dealing and Exchange Corp. (PDEX), bringing closer to fulfilling its twin goals of deepening the domestic capital markets and broadening financial inclusion. During the listing, Finance Secretary...
