Some senators were not overjoyed by the 11.8-percent growth in the Philippines' economy, stressing it is still far from pre-pandemic levels. Senator Grace Poe (Office of Sen. Grace Poe/MANILA BULLETIN File Photo) "Economic growth may be at its highest since 1988 but let’s not lose sight of the...
House Majority Leader Martin Romualdez on Tuesday, August 10, attribute to the "spirit of teamwork and cooperation" the Philippine economy's growth in the second quarter of this year. House majority leader and Leyte Representative Martin Romualdez (MANILA BULLETIN File Photo) “We rejoice with the...
The economy has returned into growth mode, posting a dramatic performance in the second-quarter as expected, but the country’s recovery is losing steam as the rapidly spreading Delta variant has forced the government to put the breaks on further reopening plans. 25245 The gross domestic product...
Senator Grace Poe on Monday, August 9, appealed to the government's pandemic task force to consider micro, small and medium enterprises (MSMEs) in deciding to impose stricter lockdowns in the Philippines. President Rodrigo Duterte presides over a meeting with the Inter-Agency Task Force on the...
The road to recovery from the coronavirus pandemic is one where the Association of Southeast Asian Nations (ASEAN) Plus Three (APT) are “equal partners,” the Department of Foreign Affairs (DFA) said, adding the region must recognize the new opportunities for growth despite the crisis. Foreign...
A university-based research group first broached the idea of a “circuit-breaker lockdown” against the Delta variant that is known to be “more transmissible, potentially deadlier, and can spread quickly faster.” The Presidential Adviser for Entrepreneurship, speaking on behalf of the private...
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...
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...
The Department of Finance (DOF) said President Duterte has now accomplished eight tenths of his economic reform program that provided income tax cuts for individuals and corporations. In a statement, Finance Secretary Carlos G. Dominguez III said Wednesday, July 28, that 85 percent of the Duterte...
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....
