Debt-watcher Moody’s Investors Service is upbeat about the Philippines’ recovery prospects from the pandemic, expecting the economy to outperform most of the sovereigns it rates in terms of average growth up to 2025. In its latest credit analysis report on the Philippines, Moody’s cited its...
The National Economic and Development Authority (NEDA) said cash aid and accelerated vaccination program would help in partly reversing the negative impact of the enhanced community quarantine (ECQ) on the economy. Socioeconomic Planning Secretary Karl Kendrick T. Chua said Friday, July 30, that...
Senator Panfilo "Ping" Lacson on Wednesday, July 28, thumbed down an interagency task force's call for the Senate to act on the resolution seeking economic amendments to the Constitution. Senator Panfilo 'Ping' Lacson (Senate of the Philippines) The Interagency Task Force on Federalism and...
Senator Sonny Angara on Wednesday said the proposed 2022 national budget should provide the necessary items that would pave the way to national recovery from the coronavirus (COVID-19) pandemic. Angara, who chairs the Senate Committee on Finance, said President Duterte’s last budget request...
House Deputy Speaker Rufus Rodriguez said President Duterte's final State of the Nation Address (SONA) is bereft of any details on how the Philippines can move forward after the COVID-19 pandemic. Rodriguez lamented that he didn't hear Duterte elaborate his specific plans on how the nation could...
A good balancing act between maintaining the country’s economic recovery and protecting Filipinos against the dreaded Delta variant of the coronavirus disease (COVID-19). DTI Secretary Ramon Lopez speaks during President Duterte's pre-recorded public briefing on Saturday, July 24, 2021....
The only thing that retired Supreme Court Justice Antonio Carpio wants to hear from President Duterte in the last year of his administration is to prohibit China from further fishing in the Philippines’ exclusive economic zone (EEZ). Retired Supreme Court Justice Antonio J. Carpio (via 1Sambayan...
Senator Imee Marcos on Friday, July 23, appealed to the Bureau of Internal Revenue (BIR) to exclude manufacturers of personal protective equipment (PPE) and other medical supplies from the imposition of value-added tax (VAT) on local inputs. Trade Secretary Ramon Lopez (center) inspects the face...
Oil or natural gas that may be discovered within the Philippines exclusive economic zone in the West Philippine sea belong to Filipinos even if found during an oil exploration by China, House Deputy Minority Leader and Bayan Muna Rep. Carlos Isagani Zarate declared Wednesday, July 21. Natural gas...
Some 16 local and foreign business groups have strongly urged for the immediate enactment of the proposed Financial Consumer Protection (FCP) Act, which seeks to protect consumers amidst the growing complexity in financial services, especially digital services. In a statement the business group...
President Duterte lauded the newly completed Clark International Airport (CRK), saying it will help boost the economic development in North and Central Luzon. President Rodrigo Duterte and Transportation Secretary Arthur Tugade try out the self-check-in counter during the inspection of the newly...
President Duterte said it was about time that the world thought of having internationally recognized vaccination certificates to restart economies that have reeled from the effects of the coronavirus disease (COVID-19) pandemic. President Duterte delivers his Intervention at the Asia-Pacific...
