The 13-committee House Legislative Energy Action Development (LEAD) Council must also provide ample attention to the problem of rising unemployment in the country. Thus, said Cavite 1st district Rep. Jolo Revilla, who cited the latest Philippine Statistics Authority (PSA) data which showed renewed...
Economic managers have suggested before congressmen a 20 percent reduction in non-essential maintenance and operating expenses (MOOE) as part of a calibrated response to elevated fuel costs that may lead to faster inflation and slower economic growth. This was floated during the first hearing of...
House Legislative Energy Action Development (LEAD) Council presiding officer Marikina City 2nd district Rep. Miro Quimbo couldn 't help but conclude based on an economic manager 's statements that there was indeed an oil cartel operating in the country. During the first LEAD Council...
Murang Kuryente Party-list Rep. Arthur Yap has suggested what he described as a "more intelligent" use of the Maharlika Investment Fund (MIF) amid the economic hardships that the country is going through due to the fuel price crisis. Yap made this pitch during the first marathon hearing of the...
The House of Representatives took the first hearing of 13-committee Legislative Energy Action Development (LEAD) Council very seriously. An unheard of 170 out of the 318 members of the lower chamber was listed as the peak attendance of the energy crisis council hearing around noon Wednesday, April...
4Ps Party-list Rep. Marcelino "Nonoy" Libanan (Contributed photo) A seasoned public servant in both the legislature and the executive, and the great-grandson of a Katipunero. That's who 4Ps Party-list Rep. Marcelino "Nonoy" Libanan is,...
By DERCO ROSAL The offshore gaming ban, while controversial, has not led to the anticipated job losses. Despite concerns about the economic consequences, analysis shows that the industry's contribution to employment was relatively small. According to the Bank of the Philippine Islands (BPI), the...
By DERCO ROSAL The Bank of the Philippine Islands (BPI) expects the economy to continue outperforming its peers from the Asia-Pacific region, driven by anticipated strong consumer consumption, increased food supply, and stable global commodity prices. “Inflation is expected to be more manageable...
People’s Initiative for Reform Modernization and Action (PIRMA) National Lead Convenor Noel Oñate said that they sought the help of House Speaker Martin Romualdez as well as other congressmen in their signature drive for their People's Initiative (PI) push to amend the 1987 Constitution. PIRMA...
SPEAKING OUT Ignacio R. Bunye Eight Ayala companies were among the 85 publicly-listed companies feted by the Institute of Corporate Directors (ICD) at its Golden Arrows Awards held last week at the Sheraton Manila Hotel. The Golden Arrows recognize Philippine companies with exemplary governance...
AVANT GARDENER Yvette Tan “The destiny of nations depends on what and how they eat” — Brillat-Savarin (French politician and gourmand who had a cheese named after him) It’s said that a man’s heart is through his stomach, and so it is with countries. A well-fed person has a better capacity...
The Department of the Interior and Local Government (DILG) urged the local government units (LGUs) on Monday, Dec. 19, to take some measures that will encourage their constituents to support the newly-enacted Republic Act (RA) No. 11934, or the Subscriber Identity Module (SIM) Registration Act. The...
