The Philippines is “gradually bouncing back” from the negative impact of the Covid-19 pandemic, Vice President Sara Duterte said on Monday, July 11. Vice President Sara Duterte speaks during the inauguration of Toyota Motors service center in Davao City on Monday, July 11, 2022. (OVP photo)...
The Senate will prioritize the passage of economic measures to help revive the economy in the upcoming 19th Congress that will start on July 25. After a long discussion with some of his colleagues, incoming Senate President Juan Miguel Zubiri said the Upper House’s initial plans are to act, among...
Malacañang stood by the decision of President Ferdinand "Bongbong" Marcos Jr. to veto House Bill 7575, saying the Chief Executive's move was within the bounds of the Constitution. Communications Secretary Trixie Cruz-Angeles (RTVM Screenshot) Communications Secretary Trixie Cruz-Angeles said...
Finance Secretary Benjamin E. Diokno said the proposed Bulacan Airport City Special Economic Zone and Freeport had carried substantial fiscal risks to the government. In an interview with ANC on Wednesday, July 6, Diokno affirmed former Finance Secretary Carlos G. Dominguez III’s call to the...
Southeast Asia’s green recovery from the pandemic has the potential to create more investment opportunities and add millions of jobs in the next eight years, a new Asian Development Bank (ADB) report said. Based on ADB’s “Implementing a Green Recovery in Southeast Asia” report on Wednesday,...
The National Economic and Development Authority (NEDA) raised the need to promote alternative work arrangements amid skyrocketing fuel prices, as it also urged the government to immediately address the logistical constraints in the country. In a statement, Socioeconomic Planning Secretary Arsenio...
A three-year, P1.5-trillion economic stimulus bill dubbed "Bayanihan 3" has been filed in the 19th Congress. (Shivendu Shukla/ Unsplash) One of the authors of the measure, Camarines Sur 2nd district Rep. LRay Villafuerte, said the proposed economic stimulus package package was inspired by...
President Ferdinand “Bongbong” Marcos Jr. might soon be holding special powers to control hoarding of essential items, manage transport woes, investigate market abuse in the energy sector, and extend loans to businesses producing essential goods. Albay 2nd district Rep. Joey Salceda (left) and...
Incoming Senate President Juan Miguel Zubiri assured today July 4 that the Senate would try give priority to correcting deficiencies pointed out by Malacanang on the vetoed Bulacan airport and economic zone bill. "Remember that ecozones are considered local bills and therefore must emanate from the...
President Ferdinand "Bongbong" Marcos Jr. will fully support the bill to create the Bulacan Airport City Special Economic Zone and Freeport once Congress fixes the "defects" in the proposed measure, Malacañang said. Communications Secretary Trixie Cruz-Angeles (PTV/RTVM Screenshot)...
Incoming Senate President Juan Miguel Zubiri tonight (July 2) said the veto by President Ferdinand R. Marcos Jr, of the Bulacan Airport Special Economic Zone and Freeport bill is "unfortunate." Zubiri stressed that he respects the veto powers of the President under the Philippine Constitution. "I...
Malacañang clarified that President Ferdinand "Bongbong" Marcos Jr. fully supports the creation of the Bulacan Airport City Special Economic Zone and Freeport, and his decision to veto the proposed measure was to cure the defects found in it. Press Secretary Trixie Cruz-Angeles (PCOO Photo)...
