MECO chair Silvestre Bello III receives from TECO head and Taiwan Representative to the Philippines Wallace Chow 20,000 sacks of donated rice for poor Filipino families and victims of disasters and calamities last week. The turn over was witnessed by MECO and TECO officials. (photo: MECO) ...
Advocates for the Philippine economy on Thursday, Jan. 4, called on the government to remove restrictive economic provisions on full foreign ownership in the Constitution. Foundation for Economic Freedom Inc., a group composed of former finance secretaries and businessmen, said in a statement that...
By BENJAMIN SARONDO The Taipei Economic and Cultural Office in the Philippines (TECO) opened the Taiwan Technical Mission (TTM) Demonstration Farm on December 15 at Barangay Sapang Maragul, Tarlac City. TTM aims to boost the Philippines’ agricultural production, marketing capabilities, and food...
Senator Sherwin Gatchalian on Friday, December 29 urged the government to pursue investments in agriculture even as he welcomes Malacañang’s move to extend reduced tariff rates on imported key agricultural commodities. Gatchalian is referring to Executive Order No. 50 issued by President...
RICE DONATION — Chairman Silvestre H. Bello III of the Manila Economic and Cultural Office (seated, 2nd from left) and Resident Representative to the Philippines Wallace Minn-Gan Chow of the Taiwan Economic and Cultural Office (2nd from right) sign the Deed of Donation and Acceptance recently for...
The extension of tariff rate cuts for key commodities such as pork, corn, and rice will ensure sufficient and affordable food supply next year, the National Economic and Development Authority (NEDA) said. NEDA Secretary Arsenio M. Balisacan said on Thursday, Dec. 28, that there should be different...
President Marcos has ordered government agencies to determine the priority core functions and services that must be devolved to the local government units (LGUs) by the end of February next year. President Ferdinand 'Bongbong' Marcos Jr. (Photo courtesy of Malacañang) Malacañang said on Monday,...
Taiwan has passed a minimum wage law that is set to benefit close to 124,000 Filipino factory workers, the Manila Economic and Cultural Office (MECO) said on Sunday, Dec. 24. MECO chairman and resident representative Silvestre H. Bello III said the new Minimum Wage Act affirmed the wage increase...
The National Economic and Development Authority (NEDA) has estimated that over seven million Filipinos could have escaped poverty if inflation had remained within the government's target over the last two years. NEDA Secretary Arsenio M. Balisacan said that the high inflation rate, which averaged...
The National Economic and Development Authority (NEDA) said the duration of the El Niño weather event may be shorter than initially estimated by the Philippine Atmospheric Geophysical and Astronomical Services Administration (PAGASA). NEDA Secretary Arsenio M. Balisacan said on Friday, Dec. 22...
This year saw the meteoric rise of the Philippine women’s national football team on the world stage. Year 2024 should be more promising. Filipinas head coach Mark Torcaso. (PFF/PWNFT) Filipinas head coach Mark Torcaso is hoping for continued success as he greets his first full stint at the...
President Marcos wants a “paradigm shift” or a “new way” of dealing with China’s aggressive actions in the West Philippine Sea, revealing that he also plans to release a joint position with the Philippines’ regional and international partners on ways to de-escalate the tensions. ...
