The APEC Business Advisory Council (ABAC) has urged Asia-Pacific governments to take immediate and coordinated action to address mounting economic pressures, including trade fragmentation, energy market shocks, and persistent supply chain disruptions, warning that business confidence across the...
The Bangko Sentral ng Pilipinas (BSP) stated that its governor will respond to a legal complaint once he receives an official copy of the documents, as the country’s monetary authority seeks to maintain focus on its regulatory mandate. In a statement on Monday, April 27, the central bank said BSP...
The Court of Appeals has ordered a freeze on dozens of bank accounts and properties belonging to a prominent legislator, a business associate, and a linked corporation amid an expanding investigation into anomalies in government flood-control projects. The freeze order, issued April 23, covers 25...
A Filipino youth leader and student at British School Manila (BSM) in Taguig has called for the expanded use of sign language to benefit the Deaf and hard of hearing communities. Johann Nicholas Chan, co-founder and president of FSL [Filipino Sign Language] for Inclusive PH, a non-profit founded...
The Manila City Council has suspended two barangay officials for six months after finding them guilty of grave misconduct, gross neglect of duty, and conduct unbecoming of a public officer in connection with a case involving a minor. Both suspended officials are assigned to barangays in the...
Camarines Sur 5th district Rep. Migz Villafuerte has echoed the call of the House Legislative Energy Action and Development (LEAD) Council to suspend for two months the collection of value-added tax (VAT) on petroleum products. Villafuerte, chairman of the House Committee on Information and...
The House Legislative Energy Action and Development (LEAD) Council has covered a lot of ground in terms of coming up with a wide range of legislative responses to this era of elevated fuel prices. To their credit, members of the House of Representatives actively participated in the three hearings...
With three exhaustive marathon hearings under its belt, the 13-panel Legislative Energy Action and Development (LEAD) Council is now ready to move on to the next phase of its function--that is, to craft a consolidated legislative response to the fuel price crisis. But don 't call it "Bayanihan...
The International Monetary Fund (IMF), the World Bank (WB), and the Asian Development Bank (ADB) have, one after another, downgraded the country’s growth projections. This is largely due to the devastating effects of the ongoing Middle East conflict. These multilateral financial institutions...
Angkas Chief Executive Officer (CEO) George Royeca committed in front of House of Representatives members on Wednesday, April 15 that the popular motorcycle ride-hailing company would be slashing its commission from 20 percent to 18 percent. Royeca--speaking during the third hearing of the...
The Speaker Faustino "Bojie" Dy III-led House of Representatives has committeed to pass the long-sought Motorcycle (MC) Taxi Law in the current 20th Congress. This assurance was made during the hearing of the House Legislative Energy Action Development (LEAD) Council on Wednesday, April 16, where...
Batangas 1st district Rep. Leandro Legarda Leviste reiterated his aggressive push for Congress to move ahead with legislation that called for the reduction of value-added tax (VAT) from 12 percent to 10 percent. The outspoken Leviste did so during the latest hearing of the House Legislative...
