Information Technology Business Process Management (IT-BPM) enterprises in economic zones may implement a work-from-home (WFH) arrangement until the end of the first quarter next year, the Fiscal Incentives Review Board (FIRB) approved. Based on the FIRB Resolution No. 19-21, IT-BPM enterprises...
France and the United Kingdom are seeking the support of the Association of Southeast Asian Nations (ASEAN) in calling for more ambitious international action to protect terrestrial and marine habitats all over the world in response to the unprecedented rate of biodiversity loss facing the planet....
As new coronavirus variants continue to emerge, President Duterte’s economic team believes that the COVID-19 illness may become a persistent infection that Filipinos should learn how to live with. Finance Secretary Carlos G. Dominguez The economic managers, composed of heads of the Department of...
President Duterte’s chief economic manager bucked the legislative proposals seeking to set a statutory debt limit and create the government’s committee in charge of fiscal discipline. Finance Secretary Carlos G. Dominguez During the House ways and means committee hearing on Monday, Sept.6,...
The Philippine Charity Sweepstakes Office (PCSO) has issued the Notice of Award for the new P5.8 billion PCSO Lottery System to the joint venture led by Pacific Online Systems Corporation (POSC), a gaming firm controlled by businessman Willy Ocier. In a disclosure to the Philippine Stock Exchange,...
Health workers from various hospitals are set to hold another mass protest on Monday, Sept. 6, after the Department of Health (DOH) allegedly failed to pay the benefits of medical frontliners under the Bayanihan to Recover As One 2 Act or Bayanihan 2. (ALI VICOY / MANILA BULLETIN) On Aug. 21,...
The Department of Budget and Management (DBM) has released additional funds to provide the delayed special risk allowance (SRA) for medical frontliners battling the pandemic. COVID-19 vaccine In a statement, the budget department announced late Friday, Sept. 3, that an additional P888.12 million in...
The Privatization and Management Office (PMO) has sought a review of the legal standing of the state-run Philippine National Construction Corp. (PNCC) to manage and develop the government’s 9.9 hectare property in Pasay City. Privatization and Management Office (PMO) In a Department of Finance...
Under the Philippine Port Authority (PPA)'s new terminal management framework, a couple of operators clinched 15-year management contracts for nine ports worth over P11 billion. PPA The first bid winner, Prudential Customs Brokerage Services Inc. (PCBSI) secured the contracts for five ports. These...
(Contributed by EYLLA LAURE GUTIERREZ, JOHN PAUL RIVERA and FERNANDO MARTIN ROXAS) The growth of Philippine tourism prior to the coronavirus (COVID-19) pandemic has been primarily generated by domestic tourists. In 2019, Filipinos spent ₱3.1 trillion travelling within the country, contributing to...
(Jansen Romero/MANILA BULLETIN File Photo) The Department of Health (DOH) said that it is currently seeking additional funds from the Department of Budget and Management (DBM) for the provision of special risk allowance (SRA) to at least 17,000 more healthcare workers. DOH Undersecretary Maria...
The national government plans to spend more than P1 trillion to settle some of its liabilities next year, but at the same time borrow over P2 trillion, data from the Department of Budget and Management (DBM) revealed. Under the proposed budget plan for 2022 submitted to Congress, the national...
