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...
The Procurement Service of the Department of Budget and Management (PS-DBM) has called on local companies to participate in the government-wide purchase of medical supplies for the COVID-19 response. As part of government’s effort to help local enterprises during the pandemic, the PS-DBM said it...
The Philippine Competition Commission (PCC) has issued rules on review of mergers and acquisitions (M&As) under Bayanihan to Recover as One Act (Bayanihan 2). The new rules took effect yesterday. The new rules detail the exemptions from compulsory notification and motu proprio review,...
The government is committed to further strengthen efforts to reduce impact of coronavirus, improve the country's healthcare system, and accelerate economic recovery, President Duterte said in a report to Congress. President Rodrigo Roa Duterte (ALBERTO ALCAIN/ PRESIDENTIAL PHOTO) The President...
The Duterte administration has requested for a fresh provisional advance from the Bangko Sentral ng Pilipinas (BSP) in the amount of P540 billion. Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno. (Bloomberg file photo) “The NG has requested for fresh provisional advance of P540...
The Philippine Competition Commission (PCC) will no longer review mergers and acquisitions with transaction value of less than P50 billion following the suspension of the exercise of this function under the Bayanihan to Recover as One Act (Bayanihan 2). Instead, PCC said will issue the...
PH athletes, coaches will soon get their full monthly allowance Philippine Olympic Committee president Bambol Tolentino (MB Photo / Alvin Kasiban) National athletes and coaches will soon get their full monthly allowance after the House of Representatives ratified the bicameral committee report of...
Rep. Bambol Tolentino National athletes and coaches might soon get their allowances in full once the House Bill No. 6953 or “Bayanihan Act 2” becomes a law. Philippine Olympic Committee (POC) president and Tagaytay City Congressman Bambol Tolentino said he included the said provision into the...
JK Labajo (Instagram) Singer Juan Karlos Labajo of "Buwan"-fame is lending a helping hand to several medical practitioners battling with the coronavirus disease 2019 (COVID-19). He shared on his social media account that he will donate a portion of the streams of his new song “BLESS Ü” to...