The Japan International Cooperation Agency (JICA) has committed to support the Philippine government's infrastructure projects that are focused on socio-economic development, the Department of Public Works and Highways (DPWH) said on Sunday, Feb. 12. During his state visit in Japan, President...
House Speaker Martin Romualdez gave his strongest endorsement yet for economic Charter Change (Cha-cha) on Friday night, Feb. 10 when he called it the "final piece of the puzzle" in improving the country's economic environment. House Speaker Martin Romualdez (Speaker’s office) Romualdez made this...
The House of Representatives leadership wants the ongoing Charter Change (Cha-cha) discussions to have "special focus" on lifting the restrictive economic provisions of the 36-year-old Constitution. Cagayan de Oro 2nd district Rep. Rufus Rodriguez's Facebook) This was confirmed Friday, Feb.10 by...
NIGHT OWL Anna Mae Lamentillo This week, the Association of Southeast Asian Nations (ASEAN) Member States conducted the 3rd ASEAN Digital Ministers Meeting (ADGMIN), ASEAN Digital Senior Officials Meeting (ADGSOM) and Related Meetings with Dialogue Partners with the Philippines as host. The...
President Ferdinand "Bongbong" Marcos Jr. will deliver on Friday a keynote address in Japan to highlight his administration's economic agenda and seek for investments in the country during a business forum that is part of his itinerary there. The two-part forum, called the Philippine Economic...
The country's unemployment rate dropped to 4.3 percent in December 2022 as against 6.6 percent in December 2021, but the full-year unemployment rate remained below its pre-pandemic average, data from the Philippine Statistics Authority (PSA) showed. Based on the PSA report on Wednesday, Feb. 8, the...
The House Committee on Economic Affairs on Tuesday, Feb. 7, began its initial deliberation on the proposed Blue Economy Act that seeks to establish a framework to sustainably develop, manage, and protect the Philippines’ marine and water resources. A file photo of Scarborough Shoal taken during...
The House Committee on Economic Affairs on Tuesday, Feb. 7, approved, subject to style and corresponding committee report thereof, a proposed bill amending The Real Estate Investment Trust (REIT) Act of 2009 to ensure the reinvestment of proceeds from the sale of REIT shares in the Philippines....
The House of Representatives will resume its discussions on Monday morning, Feb. 6 on measures seeking to revise the 1987 Constitution in the current 19th Congress. The huge Philippine flag inside the House plenary (PPAB) Like the previous public hearing, the Charter Change or Cha-cha talks will be...
House Speaker Martin Romualdez wants to get tough against the hoarders of onion and garlic, who according to the official are committing "economic sabotage". House Speaker Martin Romualdez, onions sold at a Quezon City supermarket (Speaker’s office, MANILA BULLETIN) “We received information...
President Ferdinand R. Marcos Jr. approved the implementation of seven infrastructure projects worth P154.72 billion, including a cancer center for the University of the Philippines - Philippine General Hospital (UP-PGH), the National Economic and Development Authority (NEDA) announced. In a...
KINSHASA, DR Congo -- Pope Francis arrived in the Democratic Republic of Congo on Tuesday, denouncing "economic colonialism" that he said had plundered the resources of the mineral-rich and conflict-torn nation. Pope Francis delivers a speech in the garden of the Palace of the Nation during the...