Finance Secretary Ralph G. Recto said that the railway connecting Cavite and Metro Manila will create more jobs and business opportunities in the south. Recto, the government's chief economic manager, said that the first phase of the Light Rail Transit (LRT) Line 1 (South) Cavite extension project...
Budget Secretary Amenah F. Pangandaman has lauded Fitch Ratings' recent decision to maintain the Philippines' investment grade rating at “BBB,” above the minimum investment grade by a notch and maintaining a stable “outlook.” Pangandaman, chairperson of the inter-agency Development Budget...
President Marcos has rallied support for the 2024 National Information and Communications Technology (ICT) Summit of the Department of Information and Communications Technology (DICT). Memorandum Circular No. 54 signed by Executive Secretary Lucas Bersamin on June 7, takes effect immediately. The...
The Department of Finance (DOF) said that the Marcos administration has implemented new measures to enhance job creation in the country. According to the DOF, President Marcos’ recently signed Executive Order No. 59 would have a significant impact on the economy by creating more quality jobs for...
The Department of Agriculture (DA) signed an agreement with the Department of Migrant Workers (DMW) to help millions of overseas Filipino workers find new job opportunities in the country, especially in agriculture and agribusiness. Agriculture Secretary Francisco P. Tiu Laurel, Jr. stated that the...
The fare going from Quezon City to Parañaque City through the Light Rail Transit (LRT) Line 1 Cavite Extension will cost less than jeepneys and bus fares, an official from the Department of Transportation (DOTr) said. During a site visit on Friday, June 7, DOTr Assistant Secretary for Railways...
President Marcos has assured Bicolanos that long-term plans to improve the region's agriculture sector are in place, particularly in Camarines Sur. President Ferdinand 'Bongbong' Marcos Jr. (RTVM Screenshot) During the distribution of government assistance in Pili, Camarines Sur on Friday, June 7,...
The Department of Finance (DOF) expects the Luzon Economic Corridor project will attract investments that support the vibrant labor market in the Philippines. In a statement on Thursday, June 6, Finance Secretary Ralph G. Recto said that the project focuses on boosting job creation in the...
DMW Secretary Hans Leo Cacdac and DA Secretary Francisco Tiu Laurel, Jr. sign an agreement that ensures technical assistance to OFWs who want to start a business on agriculture. (photo: DMW) Overseas Filipino workers (OFWs) who want to invest in agriculture are assured of assistance to earn...
President Marcos has ordered the Bureau of Customs (BOC) and the Department of Agriculture (DA) to deploy teams 24/7 to ensure uninterrupted shipment processes nationwide to accommodate the arrival of more ships into the country. President Ferdinand ‘Bongbong’ Marcos Jr. (Malacañang photo)...
President Marcos' chief economic manager said that despite the global decline in prices, the consistently high local costs of rice remain a key concern. In a statement, Finance Secretary Ralph G. Recto pointed out the substantial price gap of rice between the current market prices and those of last...
The Department of Agriculture (DA) said it is committed to its goal of producing 20.44 million metric tons of palay this year despite the impact of El Nino. In a statement, Agriculture Undersecretary Chris Morales said that they are optimistic about achieving this target, especially with the...
