Former House Speaker Alan Peter Cayetano led the filing Thursday, March 31 of a bill that would institutionalize his earlier proposal of requiring different government agencies to set aside five percent in budgetary savings for the proverbial "rainy days". (Ali Vicoy/ File photo/ MANILA BULLETIN)...
A Lacson administration will not allow outside investors to exploit Republic Act 11647, or the amended Foreign Investments Act (FIA) of 1991, at the expense of local business owners belonging to the micro, small and medium enterprises (MSME) sector. Presidential candidate Senator Panfilo ‘Ping’...
A House leader is looking forward to seeing the positive effects of Republic Act (RA) No.11659 or the Public Service Act, which President Duterte signed last week. (Shivendu Shukla/ Unsplash) “Opening up some of our industries like telecommunications, railways, and airlines to full foreign...
Three months before the completion of its term, the Duterte administration could point with justifiable pride to the enactment of three vital economic liberalization laws that would boost the Philippine economy’s global competitiveness — and cushion the impact of external shocks such as those...
Manila Archbishop Jose Cardinal Advincula on Friday, March 25, led the consecration of Russia and Ukraine to the Immaculate Heart of Mary at the Manila Cathedral in Intramuros. Cardinal Jose Advincula leads act of consecration of Russia and Ukraine to the Immaculate Heart of Mary at the Manila...
Senator Sherwin "Win" Gatchalian has urged the Securities and Exchange Commission (SEC) to expedite the creation of a new office to deal with regulation and monitoring of financing and lending firms. Gatchalian on Friday also called for the crackdown on abusive and illegal lenders. His call came...
With the increase in the tax imposition on teachers’ election service honoraria and allowances, a group on Wednesday, March 23, called on Senators anew to legislate a measure to tax-exempt the pay of teacher-poll workers. Public school teachers undergo training for the May 2022 elections. (ALI...
A group of education workers on Wednesday, March 23, urged the Ombudsman to “deliver a strong message” by acting favorably on the complaint against Lorraine Badoy of the National Task Force to End Local Communist Armed Conflict (NTF-ELCAC) and the Presidential Communications Operations Office...
Gabriela Women’s Party-list Rep. Arlene Brosas slammed President Rodrigo Duterte’s signing of the amendments to Republic Act (RA) 11659 or the Public Service Act (PSA) , even speculating that the raised foreign ownership limits on the telecommunications industry could lead to cybersecurity...
Former defense secretary and senatorial candidate Gilbert Teodoro on Wednesday called on the government to provide stable investment policies that would complement the passage of three key economic laws that are aimed to attract more foreign investors in the Philippines. Teodoro, a former Tarlac...
Senator Christopher ‘’Bong’’ Go on Tuesday, March 22 said that the law amending the Public Service Act would be beneficial for the Philippine economy. ‘’This measure, in effect, promotes healthy competition across various industries which can pave the way for favorable prices and...
The recently signed amendments to Republic Act (RA) 11659 or the Public Service Act (PSA) are akin to the Oil Deregulation Law and will result in heftier increases in the prices of goods, says House Deputy Minority leader and Bayan Muna Party-list Rep. Carlos Zarate. Bayan Muna Party -list Rep....
