The Department of Trade and Industry (DTI) is offering discounts to micro and small businesses applying for the mandated E-Commerce Philippine Trustmark, amid complaints from online merchants about the additional burden. The DTI reiterated on Monday, Sept. 22, that micro businesses, or those with...
The Marcos administration is confronting corruption head-on, according to Department of Economy, Planning, and Development (DEPDev) Secretary Arsenio Balisacan, the government’s chief economist. Balisacan told Manila Bulletin on Monday, Sept. 22, that the government is seeking public support to...
The Marcos Jr. administration will borrow $650 million, or over ₱37 billion, from the World Bank next year to sustain the conditional cash transfers for the Pantawid Pamilyang Pilipino Program (4Ps) and ensure that its youth beneficiaries land jobs. According to a Sept. 20 project information...
Melbourne, Australia—After the 5th green energy auction (GEA) for 3.3 gigawatts of offshore wind wraps up this year, the Department of Energy (DOE) is gearing up to launch at least four more renewable energy (RE) capacity tenders so it can open wider doors of opportunity for interested local and...
Melbourne, Australia – What does it take for us to disrupt the wind stream in our oceans, especially when so many projects in major markets are delayed, renegotiated, or scrapped before they even set sail? That’s the formidable puzzle that steered debates at the recently concluded APAC Wind...
The Department of Budget and Management (BDM) has clarified that the government’s unprogrammed appropriations (UA) are not a discretionary “pork barrel” or a “magic fund.”
In a statement, Budget Undersecretary Goddes Hope Libiran said the UA funds are a congressionally authorized...
The Department of Transportation (DOTr) is evaluating potential sites of a modern transportation terminal in northern Metro Manila, patterned after the Parañaque Integrated Terminal Exchange (PITX). Transportation Undersecretary Mark Steven Pastor said the proposed transport hub is currently...
Senate President Pro Tempore Panfilo "Ping" Lacson said on Saturday, Sept. 20, that testimony from former Department of Public Works and Highways (DPWH) Bulacan First District Engineering Office head Henry Alcantar could open the proverbial "can of worms" in the flood control investigation. And...
It all goes back to the lawmakers. For Senate President Pro Tempore Panfilo "Ping" Lacson, the whole flood control projects mess could have been avoided if only senators and congressmen had not made budget insertions into district engineering offices of the Department of Public Works and Highways...
Unutilized Philippine Health Insurance Corp. (PhilHealth) funds will now be rechanneled to greater universal healthcare (UHC) access, a move welcomed by the Department of Finance (DOF). In a statement on Saturday, Sept. 20, the DOF commended President Ferdinand R. Marcos Jr. for ordering the return...
The Department of Agriculture (DA) is proposing the extension of the two-month suspension on rice imports imposed earlier this month by up to 30 days, buoyed by improvements in the domestic prices of palay or unmilled rice. Agriculture Secretary Francisco Tiu Laurel said he is inclined to recommend...
Affirmation of the Philippines’ “A-“ credit rating from the Japan Credit Rating Agency Ltd. (JCR) reflects the nation’s solid economic stability and strong credit standing, the Department of Finance (DOF) said. In a statement, Finance (DOF) Secretary Ralph G. Recto said the rating is an...
