The delayed implementation of the reduced tariff on pork importation and higher import cap is slowing down the pace of food price reduction, the Department of Finance (DOF) said. Finance Undersecretary Gil S. Beltran said the nearly three-month delayed application of Executive Order No. 128...
The Department of Finance (DOF) said the Philippines needs the passage of key economic reform measures to bring in more capital and spur job creation in the medium- to long-term. Finance Undersecretary Gil S. Beltran said Friday, Oct. 15, that Congress should pass the amendments to the Foreign...
The coronavirus disease-2019 (COVID-19) alert level in Metro Manila will probably be lowered by Oct. 16 with the improved health situation in the area, Department of the Interior and Local Government (DILG) Undersecretary Epimaco Densing III said Tuesday night, Oct. 12. Densing explained that the...
Passport appointment slots for the remaining dates in October until December are not yet open but are expected to be available in the coming days, the Department of Foreign Affairs (DFA) said Tuesday, Oct. 12. (FILE PHOTO/JANSEN ROMERO/MANILA BULLETIN) "Hintayin lamang po ang muling pagbubukas ng...
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...
The trade activity in the Philippines is continuing to show recovery, the Department of Finance (DOF) said, but the government should still continue to be vigilant with the prevalence of the highly transmissible Delta variant. In his latest DOF economic bulletin, Finance Undersecretary and Chief...
The highly transmissible Delta variant is posing “serious challenges” to jobs, the Department of Finance (DOF) admitted. Finance Undersecretary Gil S. Beltran said the mutations in the new coronavirus caused more than 3.8 million people dropped out of the labor force between June and July this...
The Commission on Audit on Wednesday, Sept. 15 cleared the air on the controversy surrounding the reported overpricing of billions of pesos worth of face masks and face shields procured by government, declaring that there was no finding of “overpricing” when it audited the Procurement...
President Duterte has appointed former Philippine National Police (PNP) chief, Gen. Debold Sinas as an undersecretary in the Office of the President. Newly-installed Office of the President Undersecretary Debold Sinas (File photo/ MANILA BULLETIN) This was confirmed to Malacañang beat reporters at...
Students who enrolled for the school year 2021-2022 have reached 17.9 million, the Department of Education (DepEd) said Monday, Sept. 6. (Photo courtesy of DepEd) Education Undersecretary Nepomuceno Malaluan bared during a televised briefing that the 17.9 million enrollees translate to 68.5 percent...
Earnings from online play-to-earn games, such as Axie Infinity, are taxable, the Department of Finance (DOF) said. Axie Infinity Amid a rapid rise in popularity of online multiplayer video games that also allow players to generate profits, Finance Undersecretary Antonette C. Tiono said that...
The modified tariff rates on imported pork products and rice have resulted in foregone revenues for the government, but the Department of Finance (DOF) said the economic benefits far outweigh the costs. Peso Finance Undersecretary Antonette C. Tionko said the government is projected to lose P5.4...
