The Department of Human Settlements and Urban Development (DHSUD) and the Department of Economy, Planning and Development (DEPDEV) approved higher price ceilings for socialized housing projects to enable larger and higher-quality homes nationwide. DHSUD Secretary Jose Ramon Aliling described the...
The Department of Finance (DOF) is looking into a proposal setting a debt ceiling that would determine whether the national government should increase or decrease its borrowing. Finance Secretary Benjamin E. Diokno said the DOF will consider the International Monetary Fund's (IMF) proposal to adopt...
President Ferdinand "Bongbong" Marcos Jr. has convened representatives from different government agencies to discuss the concerns on the upcoming enforcement of retail price ceilings on rice. President Ferdinand 'Bongbong' Marcos Jr. (RTVM Screenshot) Marcos presided over the meeting just...
Given its complicated nature and effect on supply and demand, Senator Sherwin "Win" Gatchalian said on Saturday, Sept. 2 that the Palace-mandated price ceiling on rice should not be prolonged. "Kasi ang mangyayari diyan yung mga dealers o yung mga traders hindi magbebenta dahil ayaw nilang malugi...
AGRI Party-list Rep. Wilbert T. Lee (left) and President Ferdinand "Bongbong" Marcos Jr. (Rep.Lee's office, Speaker's office) The Palace-ordered price cap on rice--the Filipino staple food--could end up backfiring on consumers. Thus, said AGRI...
Some senators on Friday, September 1 find it unnecessary for the government to impose a price ceiling on rice as addressing rice cartel and hoarding should have been the primary move of the government to tame the skyrocketing prices of the basic food staple in the market. Senators...
House Speaker Martin Romualdez (center) inspects rice stocks inside a warehouse in Bulacan. (Speaker’s office) The price cap on rice is a "timely and necessary intervention" from President Ferdinand "Bongbong" Marcos Jr. Thus, said Speaker Martin...
President Ferdinand "Bongbong" Marcos Jr. has approved the recommendation to impose a mandated price ceiling on rice in the country amid the "alarming" increase in its retail prices. File photos Marcos made the order through Executive Order (EO) No. 39, signed by Executive Secretary Lucas Bersamin...
Senatorial aspirant and human rights lawyer Jose Manuel 'Chel' Diokno on Monday, October 25, called on the government to impose a price ceiling on the prices of goods amid the increase of fuel prices for the ninth straight week. Human rights lawyer Chel Diokno (MANILA BULLETIN FILE PHOTO) Diokno,...
President Duterte’s chief economic manager bucked the legislative proposals seeking to set a statutory debt limit and create the government’s committee in charge of fiscal discipline. Finance Secretary Carlos G. Dominguez During the House ways and means committee hearing on Monday, Sept.6,...
Vice President Leni Robredo’s women empowerment programs are centered on economic empowerment because she sees this as a critical component of women’s ability to stand for themselves, especially in an abusive relationship. VP Leni Robredo (OVP/Manila Bulletin) The vice president was the guest...
The Philippines could fill up its annual deployment cap of 5,000 nurses abroad as early as June, Philippine Overseas Employment Administration (POEA) Administrator Bernard Olalia said Wednesday, May 19. (Kevin Tristan Espiritu / The Medical City / File photo /MANILA BULLETIN) Once the limit is met,...
