As the push for renewable energy (RE) gains momentum, the Department of Energy (DOE) emphasized the need for a fair transition for the private sector that has invested in coal facilities. During the Powertrends International Business Forum 2024, DOE Assistant Secretary Mario Marasigan...
The 2.2-hectare Mile Long property in Makati City will likely be up for grabs among three interested developers from the private sector, whose deep pockets would help fill government coffers sans new taxes during the Marcos Jr. administration, as promised by Finance Secretary Ralph G. Recto. The...
Amid public concern about the national identification cards, the Philippine Statistics Authority (PSA) said that it is processing 60,000 IDs from the Bangko Sentral ng Pilipinas (BSP), which are expected to be delivered to registrants. Claire Dennis Mapa, the PSA undersecretary and national...
The Philippine Statistics Authority (PSA) plans to add a signature field in National ID cards to address limitations that have hindered their widespread acceptance as a primary form of identification. This decision follows the termination of the Bangko Sentral ng Pilipinas’ (BSP) contract...
The Philippine Statistics Authority (PSA) reported that the government’s decision to lower rice import tariffs is starting to affect consumer prices. In a briefing, National Statistician and PSA Undersecretary Claire Dennis S. Mapa said the tariff reduction significantly contributed to the...
The Department of Finance (DOF) is offering the government’s remaining shares in NLEX Corp. to the public, which the Pangilinan group failed to acquire due to privatization rules. Finance Undersecretary Catherine L. Fong confirmed to Manila Bulletin that the government still holds 64,920 shares...
The Department of Finance (DOF) has unveiled its comprehensive array of strategies designed to strengthen revenue operations and enhance transparency in commercial activities. Under the banner of the BRAVE framework, the DOF, along with its revenue agencies, said it is leveraging digitalization and...
The Department of Finance (DOF) said the full implementation of an international merchandise passport would help Filipino businesses showcase their products globally and make it easier for them to do business in foreign markets. As part of the DOF's efforts to improve the ease of doing business in...
The Department of Finance (DOF) is considering selling the government's stake in the South Luzon Expressway (SLEX) by the end of this year. Finance Undersecretary Catherine L. Fong told Manila Bulletin that the government's ownership in SLEX is included among the assets slated for privatization in...
The Department of Science and Technology (DOST) on Wednesday, April 24, reiterated the importance of fair mechanisms and collaborative efforts in promoting science, technology, and innovation (STI) for sustainable development, to help other countries, especially vulnerable sectors. DOST...
The Department of Finance (DOF) has appointed a new chief economist and two undersecretaries to lead fiscal policy formulation and revenue operations. Charlito Martin R. Mendoza will now be the undersecretary for the Revenue Operations Group (ROG), while Domini S. Velasquez has been appointed as...
While the Department of Foreign Affairs (DFA) respects the decision of President Marcos to delay the signing of Magna Carta of Filipino Seafarers, it hopes that the bill will be enacted "right away." DFA Undersecretary Eduardo De Vega (Photo courtesy of PCO) "Any law which will improve the lot of...
