Two Senate panels have pushed for the passage of the bill that would institutionalize benefits for individuals who have been vaccinated against the novel coronavirus disease (COVID-19). Senator Pia Cayetano (Office of Senator Cayetano) Senator Pia Cayetano recently sponsored bill Senate Bill No....
Prospects for the country’s growth remains promising as the National Economic and Development Authority (NEDA) highlighted that recovery is now hinging on actions being taken in dealing with the coronavirus. Socioeconomic Planning Secretary Karl Kendrick T. Chua said that accelerating the...
Rizal 2nd District Rep. Fidel Nograles on Thursday, September 30, cited the potential of a soon-to-be constructed inter-provincial road connecting Rizal and Bulacan in playing a key role in both provinces’ post-pandemic recovery. Rizal 2nd District Rep. Fidel Nograles “We are literally paving...
The World Bank trimmed its growth forecast for the Philippines this year and expects the country's economic activity to return to pre-pandemic level by 2023 yet because the government is likely to miss the goal of vaccinating most of its population by the end of 2021. Based on the World Bank East...
The value of all ongoing foreign-assisted projects of the government increased by almost half last year after President Duterte augmented the country’s coronavirus response, the National Economic and Development Authority (NEDA) reported. In a statement, Socioeconomic Planning Secretary Karl...
The long-term economic cost of the coronavirus and the pandemic-induced lockdowns would be over three-times greater than the multi-trillion peso debt obligations of the government, the National Economic and Development Authority (NEDA) estimated. Socioeconomic Planning Secretary Karl Kendrick T....
The Senate has ratified the bicameral conference committee report on the bill that would open up the Philippines to more foreign investors. Senate of the Philippines plenary hall (Senate PRIB) Senators on Monday, September 20, approved the bicam report which reconciled the disagreeing provisions of...
The National Economic and Development Authority said the Philippines needs to invest at least a trillion pesos over the next nine years to ensure Filipinos have access to clean and reliable water supply. Socioeconomic Planning Secretary Karl Kendrick T. Chua said on Thursday, Sept. 16, that the...
To further enhance the ease of doing business especially during this time of pandemic, the Philippine Economic Zone Authority(PEZA) has launched its online payment service for its clients. PEZA Director General Charito B. Plaza signed a memorandum of agreement with MyEG Philippines Inc. CEO Ann...
Opposition Senator Leila de Lima on Tuesday, Sept. 14 renewed her push for the Senate to investigate former presidential economic adviser Michael Yang’s alleged links to the illegal drug trade, especially now that he is the subject of its probe into the government’s procurement of supposed...
President Duterte's advisers have expressed their support for the legislation that would institutionalize the use of vaccine passports in international and domestic travel, both for essential and non-essential purposes. A health worker injects a dose COVID-19 vaccine to a woman. (Ali Vicoy/MANILA...
Presidential Adviser for Entrepreneurship and Go Negosyo founder Joey Concepcion underscored on Monday, Sept. 13 the high stakes in finding a way to "live with coronavirus disease (COVID-19)", which would in turn allow the resumption of economic activity. Presidential Adviser for Entrepreneurship...
