After years of partnership that led to large-scale infrastructure of the government’s ‘Build! Build! Build!’ program, the tie-up between the Philippines and Japan, and the Japan International Cooperation Agency (JICA) will continue with projects aimed at improving transport infrastructures in...
The continued recovery of foreign direct investment (FDI) this year is an indicator of the Philippines’ solid long-term prospects, the Department of Finance (DOF) said. Based on the latest DOF economic bulletin, the department noted that the country’s FDI sustained its robust growth in January...
The Department of Finance (DOF) has advised caution in suspending excise tax on petroleum as it will incur substantial revenue losses for the government and may affect the budget for coronavirus recovery measures. In a memorandum submitted to Finance Secretary Carlos G. Dominguez III, Finance...
Department of Agriculture (DA) Secretary William Dar said Monday assured on Monday, Oct. 18, of sufficient agricultural products to sustain in the coming days until farmers are able to recover from the calamity amid the devastation wrought by tropical storm "Maring" last week. “Ang nakikita natin...
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...
