The Fiscal Incentives Review Board (FIRB) has approved the tax incentives for a P1.5-billion Cebu-based roll on roll off (RoRo) operator that aims to help modernize the shipping industry and increase competition. Finance Secretary Carlos G. Dominguez III said Tuesday, March 15, that the FIRB...
The Makabayan Coalition has underscored their call to stop the act of red-tagging, and to start implementing tax cuts to counter the fuel crisis during a press conference on Monday, March 14. Makabayan Bloc logo (Photo from Wikipedia) They alleged that the administration had taken more interest in...
Insurance claims related to the pandemic reached P16.71 billion in the past two years, with life coverages accounting for more than half of the payouts, the Department of Finance (DOF) said. In a report to Finance Secretary Carlos G. Dominguez III, the Insurance Commission said 23 percent or P3.89...
The Department of Finance (DOF) announced the launch of a new project that aims to assist six climate-vulnerable cities in adapting to, and mitigating the effects of, climate change. On Thursday, March 10, the DOF launched the $15 million, or P750 million, five-year Climate Resilient Cities (CRC)...
The Department of Finance (DOF) said the return of information technology-business process management (IT-BPM) employees to on-site work would benefit local micro, small, and medium enterprises (MSMEs). In a statement on Wednesday, March 9, Finance Secretary Carlos G. Dominguez III defended the...
The Department of Finance (DOF) said the national government remains in good cash position despite recent failed domestic borrowings owing to high interest rates. Finance Secretary Carlos G. Dominguez III said Tuesday, March 8, that cash flow is not yet a problem for the government owing to P457.8...
The government’s top economic managers are crafting measures to cushion the impact of Ukraine-Russia war on the domestic economy, particularly on the prices of basic goods and commodities. While Finance Secretary Carlos G. Dominguez III believes the impact of the geopolitical crisis in Eastern...
The House Fuel Crisis Ad Hoc committee on Monday, March 7, voiced its frustrations over the National Economic and Development Authority's (NEDA) apparent lack of an official stance in response to the fuel price surge. (File photo/ MANILA BULLETIN) The panel discussed during its five-hour meeting...
Two-time world artistics champion Carlos Yulo graces the inauguration of the Manny V. Pangilinan Sports Foundation Gymnastics Center in Intramuros, Manila on March 5, 2022. (Noel B. Pabalate) World champion Carlos Yulo spearheaded the inauguration of the MVP Sports Foundation Gymnastics Center in...
The new gymnastics center in Intramuros, Manila (PSC Images) The Philippine Sports Commission (PSC) hopes to discover more world-class talents like Carlos Yulo as it welcomes the opening of the new gymnastics center in Intramuros, Manila on Saturday. PSC chairman Butch Ramirez said the Board...
The national government incurred more loans in January, bringing its debt above the P12-trillion mark for the first time, as the Philippines bogged down by prolonged Covid-19 pandemic. The Bureau of Treasury reported on Friday, March 4, that the government’s outstanding debt stood at P12.03...
Redemption is still the main storyline for elite Filipino gymnast Carlos Edriel Yulo as he welcomes 2022 with a busy schedule ahead. Carlos Yulo (PSC) Yulo, who is back home in the Philippines after years of training in Japan and competing overseas, said he is set to participate in his first...
