The Philippines will share the inroads it has made in translating theories on addressing climate change into actionable projects on the ground with other ASEAN peers to help accelerate adaptation and mitigation efforts meant to avert catastrophic global heating. Finance Secretary Carlos G....
As the agency works on the country’s economic recovery program, the National Economic and Development Authority (NEDA) is also gearing up to look beyond the pandemic and prepare for the future. "We are working on two things: the current problem, and the future,” Socioeconomic Planning Secretary...
A group of farmers welcomed the call of Fertilizer and Pesticide Authority (FPA) to increase the local production of fertilizers amid the rising cost of this farm input. In a statement, Kilusang Magbubukid ng Pilipinas (KMP) said such a call from FPA contradicts the importation stance of the...
The Bureau of Customs (BOC) incurred P3.4 billion in forgone revenues due to lower pork import tariffs, the Department of Finance (DOF) reported on Monday, Nov. 22. The tax collection losses stemmed from the government’s effort to boost the supply of pork and stabilize its retail prices in the...
The Department of Finance (DOF) is exploring how foreign governments can contribute to the Philippines’ efforts to accelerate the decommissioning and repurposing of its coal-fired power plants. As overseas companies have a significant stake in the country’s coal-fired power plants, DOF...
By Dr. Manuel M. Dayrit MD, MSc, Former Secretary of Health Many of us have lost loved ones, friends, or acquaintances to COVID-19. Just this month, I lost a medical school classmate who is an ENT surgeon. On the other hand, I have classmates and friends who battled COVID and survived. The spectre...
The Department of Finance (DOF) bucked the proposal seeking to impose a “super-rich” tax on Filipino billionaires as its negative impacts outweigh any potential revenue gains for the government. In a letter to House Speaker Lord Allan Jay Velasco, Finance Secretary Carlos G. Dominguez III said...
Department of Public Works and Highways (DPWH) Acting Secretary Roger G. Mercado visited Davao City for the opening of the longest flyover in Tagum City in Davao del Norte and to check on various projects in the region. The ceremony saw the unveiling of the marker and drive-thru at the...
The Department of Public Works and Highways (DPWH) held a symbolic blast on Friday, Nov. 19, to officially start the construction of a 2.3 kilometer road two-tube mountain tunnel in Davao City. The road tunnel is part of the 10.7 kilometers Contract Package I-1 of the Davao City Bypass Construction...
The government is finalizing its sustainable finance framework for the issuance of the Philippines’ first-ever sovereign green bonds, the Department of Finance (DOF) said. Finance Secretary Carlos G. Dominguez III said on Friday, Nov. 19, that the establishment of the framework is a key step in...
The House of Representatives on Thursday, Nov. 18 honored incumbent and former lawmakers, as well as administrative and congressional staff who died as the COVID-19 epidemic devastated the country. Speaker Lord Allan Velasco, together with House Secretary General Mark Llandro Mendoza, led the...
Senator Richard Gordon said on Thursday, Nov. 18, the President should lead in protecting the country's troops after the Ayungin Shoal incident involving members of the Chinese Coast Guard. President Rodrigo Duterte and Senator Richard Gordon (Photos from Malacañang/ MANILA BULLETIN) "As...
