The Department of Finance (DOF) bucked assertions that the Philippines will be the “laggard in Asia” in a post-pandemic world. Finance Undersecretary and Chief Economist Gil S. Beltran assured the country’s stamina to endure its marathon towards inclusive and sustainable development after the...
The Senate local government committee on Wednesday, June 2, started discussing proposals for the creation of a Metropolitan Davao Development Authority (MDDA). Senator Francis Tolentino (Senate of the Philippines) Similar bills were filed by administration Senators Imee Marcos, Ronald "Bato" dela...
The Department of the Interior and Local Government (DILG) commended on Wednesday, June 2, the House of Representatives for the passing in the third and final reading some key amendments on the economic provision of the 1987 Constitution. “We congratulate Speaker (Lord Allan) Velasco for proving...
Unlike the House of Representatives, the Senate still does not seem to think that revising the Constitution is an urgent measure amid the COVID-19 pandemic. Senate of the Philippines (Senate PRIB) Senate President Vicente Sotto III said that senators may tackle their counterpart's proposed economic...
GOVERNANCE MATTERS Former Vice President Jejomar Binay We seem to be hearing more bad news than good news these days, and these do not bode well for government’s optimistic scenario of a jumpstarted economy by the second quarter of the year. The scenario is dependent on two factors. One is the...
The House of Representatives' Committee on Transportation approved on Tuesday, June 1, the bill that would regulate the use of vintage vehicles. 1-PACMAN Party-list Rep. Eric Pineda reported to the committee the contents of the substitute bill to House Bill No. 8244, or the proposed "Vintage...
OF FORUM Jun Concepcion If not for more foreign loans, where else can the government turn to for huge funds needed in its fight against COVID-19 and to mend the country’s battered economy? Unknown to many, overseas Filipinos (OFs) hold a strategically vital key. How so? Fairly simple, easy –...
An estimated 1.6 million job opportunities will be created with household income substantially increased if the economic restrictions in the 1987 Constitution are relaxed, a University of the Philippines (UP) researcher said Sunday, May 30. DILG Spokesperson Jonathan Malaya (File photo courtesy of...
Senator Christopher “Bong” Go said he is open to support moves to introduce constitutional amendments in the 1987 Constitution especially if it would benefit more Filipino people, but acknowledged there may not be enough time to pass into law such measures. But Go said he supports amendments on...
The Philippine Economic Zone Authority (PEZA) is eyeing the possible influx of investors from the Kingdom of Saudi Arabia (KSA) once the Philippines subdues the coronavirus disease (COVID-19) pandemic. (Photo from PEZA) “At present, there are only meager Saudi Arabian enterprises registered or...
The country's tourist destinations should be high on the government's list of vaccination sites to help propel the nation's economic recovery. Boracay Island (TARA YAP / FILE PHOTO / MANILA BULLETIN) The latest appeal was made by Presidential Adviser for Entrepreneurship Joey Concepcion as the...
The Department of Interior and Local Government (DILG) and the Department of Labor and Employment (DOLE) stressed Friday, May 28, that lifting the economic restrictions in the 1987 Constitution is vital for the country’s progress as it will open more job opportunities, a move deemed crucial amid...
