Beltran named first PTA president By CHINO S. LEYCO The Board of Trustees of the Philippine Tax Academy (PTA) has unanimously voted to elect Department of Finance (DOF) Chief Economist and retired Undersecretary Gil S. Beltran as the institution’s first president. Finance Secretary and PTA Board...
The next head of the Philippine National Police (PNP) will only serve in an officer-in-charge (OIC) capacity, Department of the Interior and Local Government (DILG) Secretary Eduardo Año said. Incumbent PNP chief Gen. Dionardo Carlos is set to retire on May 8 and Año said he had already...
Department of the Interior and Local Government (DILG) Secretary Eduardo Año has recommended two names to replace the incumbent chief of the Philippine National Police (PNP) who is set to retire on May 8. He said he had already submitted the recommendation to President Duterte along with the...
The ongoing geopolitical conflict in Eastern Europe would further complicate the lingering effects of the African Swine Fever (ASF) on consumer prices, the Department of Finance (DOF) said. In a DOF Economic Bulletin released on Sunday, April 24, Finance Chief Economist Gil S. Beltran said that the...
Senator Ronald ‘’Bato’’ dela Rosa on Friday, April 22 said it is up to President Duterte whether or not he would allow Philippine National Police (PNP) Chief Dionardo Carlos to simply retire mandatorily on May 8 or extend his services. The law mandates the retirement of officers and...
State-run Power Sector Assets and Liabilities Management Corp. (PSALM) wants to trim down further its financial obligations by implementing cost-cutting measures while increasing revenue collection, the Department of Finance (DOF) said. In a statement, Irene Joy Besido Garcia, PSALM president and...
Despite easing restrictions, the economy has not yet fully returned to its investment-led growth orientation seen before the pandemic struck, the Department of Finance (DOF) said on Sunday, April 16. Finance Chief Economist Gil S. Beltran said that capital formation as a percentage of real economy,...
Six administrations will inherit the $25.74 billion foreign loans that the Duterte administration secured during the Covid-19 pandemic, an obligation that needs to be repaid by Filipinos over the next four decades or until 2060. Data from the Department of Finance (DOF) showed that total government...
Inflation in the country is projected to surpass government’s target of 2-4 percent this year, owing mainly to skyrocketing fuel and food prices, the ASEAN+3 Macroeconomic Research Office (AMRO) reported. During the Regional Economic Outlook virtual briefing on Tuesday, April 12, Hoe Ee Khor,...
The Social Security System (SSS) has given its pensioners another three months to comply with the Annual Confirmation of Pensioners’ Program (ACOP). In a statement, Michael G. Regino, SSS president and chief executive officer, said on Thursday, March 31, that the compliance deadline for the ACOP...
The next administration would need to continue the ongoing infrastructure projects of the current government to support foreign direct investment (FDI) inflows, the Department of Finance (DOF) said. Finance Chief Economist Gil S. Beltran said on Friday, March 25, that the ongoing infrastructure...
Was the failure of presidential candidate Senator Panfilo Lacson to produce P800 million for Partido Reporma the real reason former Speaker Pantaleon ‘’Bebot’’ Alvarez switched his support from the lawmaker to his rival, Vice President Leni Robredo? ‘’His (Alvarez’s) chief of staff...
