While President Marcos said the Department of Education (DepEd) "knows perfectly well who to do" in the opening of classes, he instructed them to ensure that learning for students will be uninterrupted. "DepEd knows perfectly well what to do. Hindi na natin sila kailangang turuan (We no longer need...
The Department of Trade and Industry (DTI) is imposing a safeguard duty of ₱349 per metric ton (MT) on cement imports from neighboring China and Indonesia after both countries’ outbound shipments to the Philippines exceeded the exemption threshold. Under Department Administrative Order (DAO)...
I am always flattered when I meet people well-established in their respective professions (those in their 40s to 60s) who tell me that they learned their basic economics from the textbooks I wrote in the 1970s and 1980s for both high school and college students, especially in private schools. The...
The Quezon City government, through the Quezon City Health Department (QCHD) in partnership with SHAPE Asia, is advancing efforts to promote healthier food environments through a workshop with retail stakeholders in support of a proposed Healthy Food Retail Ordinance. SHAPE Asia is a regional...
President Marcos’ chief economic manager said that streamlined taxes imposed by local government units (LGUs) on businesses enjoying tax perks encourage easier compliance and attract more investments to the Philippines. This comes on the heels of issuing the first joint memorandum circular (JMC)...
San Miguel Corp.’s tollway unit said its tree-clearing operations along a major Manila thoroughfare comply with government environmental mandates, seeking to defuse local opposition to a multi-billion peso infrastructure project aimed at easing the capital’s notorious gridlock. In a statement,...
Large-scale metallic mining companies in the country have been granted up to two months after the close of each quarter to settle their royalty payments under the new fiscal framework, according to the Bureau of Internal Revenue (BIR). The Marcos administration is implementing the extension to...
State-run Land Bank of the Philippines will eliminate transaction fees for online government payments through the end of the year, a move aimed at easing consumer costs amid persistent global economic pressures and accelerating shift toward digital finance. In a statement on Monday, June 1,...
The government rejected speculation that it is downscaling a major mass-transit infrastructure project, affirming that the Metro Rail Transit (MRT) Line 7 will proceed with its complete 14-station layout to connect Metro Manila with neighboring northern provinces. The Department of Transportation...
Twenty-five years after the Electric Power Industry Reform Act (EPIRA) restructured the country’s electricity sector, government and industry players are expected to raise a toast to “market liberalization” as a success story. Whether consumers feel just as energized, however, is another...
Lower-income households will need to cough up an additional ₱490 in monthly rice spending due to higher fertilizer prices and their impact on retail prices, according to the Congressional Policy and Budget Research Department (CPBRD). Under a conservative lower-bound scenario, the House of...
The Department of Budget and Management (DBM) is adding electric vehicles (EVs) to the list of common-use supplies and equipment that government workers can buy through its official e-commerce platform. The expansion, finalized during a recent green technology product rollout by the Procurement...
