MB file Senators have crossed party lines to commend the Department of Finance (DOF) for its competent and efficient management of state finances in the face of the massive public spending needed to mitigate the health and economic effects of the pandemic. Senate Minority Franklin Drilon...
With the service contract of the Malampaya gas field expiring in four years, Energy Secretary Alfonso G. Cusi sounded off that the next best option for the country is to take the course of liquefied natural gas (LNG) importation. Energy Secretary Alfonso G. Cusi In his keynote message at the 9th...
Millers and traders are blaming the poor quality of unhusked rice being produced by farmers to the current low prices of the staple food. (MANILA BULLETIN FILE PHOTO) This was validated by Agriculture Secretary William Dar, who said consumers now prefer quality rice. In a statement, the Department...
The Department of Transportation (DOTr) on Tuesday ordered all transportation sectors to implement the “one-seat apart” rule, operationalize more public utility vehicle routes and units, and speed up service contracting for buses and jeepneys to accommodate more commuters. This came after...
The Department of Finance (DOF) said that local airlines have yet to submit the final loan plan to activate their P700 million financial support earmarked under the government’s economic stimulus programs. (Manila Bulletin File Photo) Finance Secretary Carlos G. Dominguez III said the amount of...
“Rice remains as the staple food of Filipinos. And there is no food that is used as widely as rice,” says Department of Trade and Industry Undersecretary Ruth B. Castelo on the Philippines being the sixth largest rice-consuming countries in the world. After over a year of enactment of the...
Customers of Manila Electric Company (Meralco) will have to shell out additional cash on their electricity budget as the overall rate of the utility firm would be higher by P0.1212 per kilowatt hour (kWh) in their October billing. With the upward adjustment, the rate of Meralco this month will be...
President Duterte’s chief economic manger admitted yesterday that the government cannot provide the entire financial relief needed by the aviation industry to save domestic airlines badly hit by the coronavirus pandemic. Finance Secretary Carlos G. Dominguez III (DOF photo / Howard Felipe)...
Farmers are appealing to Agriculture Secretary William Dar to stop claiming that palay prices are high at P19 per kilogram (/kg), because such dismissiveness is resulting in fear among the country’s main staple food producers that the government will not do anything to resolve their plea. Farm...
Apprehensive that a trade war is now brewing between the Philippines and Brazil over the import ban that the Department of Agriculture (DA) imposed on Brazilian poultry meat, the Philippine Association of Meat Processors Inc. (PAMPI) has strongly urged government to prevent this from happening. In...
World trade shows signs of bouncing back from a deep, COVID-19 induced slump, but World Trade Organization economists caution that any recovery could be disrupted by the ongoing pandemic effects. The WTO forecasts that merchandise trade volume could fall 9.2 percent in 2020 less than the 12.9...
The Department of Finance (DOF) ordered government financial institutions (GFIs) and its attached agencies to strengthen their shields against potential cybersecurity threats following a cyber-heist on one of the state-owned banks. Finance Secretary Carlos G. Dominguez III Finance Secretary Carlos...
