President Duterte has chosen Lt. Gen. Dionardo Carlos to be the successor of the Philippine National Police (PNP) chief, Gen. Guillermo Eleazar. Malacañang Palace (Photo from PNA) A copy of Carlos's signed appointment paper was acquired by Malacañang reporters Wednesday afternoon, Nov. 10....
The Philippines has called for an end to the debate on climate change, and for nations to start implementing concrete actions to fulfill their respective commitments and “obligations to humanity” to save the planet from an environmental catastrophe. “The Philippines is determined to be a...
The next Department of Finance (DOF) head needs to keep a close eye on four pressing issues, such as public debt, inflation, exacerbated inequality and climate change, President Duterte’s chief economic manager said. Eight months before the term of the Duterte administration ends, Finance...
The Fiscal Incentives Review Board (FIRB) has approved the grant of tax incentives for the builder of the Makati City Subway, the Department of Finance (DOF) announced. In a statement released by the DOF on Monday, Nov. 8, it said that the FIRB took into consideration the projected increase in...
Jonas Sultan respected the judges' scorecard after he earned a unanimous decision win against Puerto Rican knockout artist Carlos Caraballo last month. Jonas Sultan punches Carlos Caraballo during their bantamweight fight at The Hulu Theater at Madison Square Garden on October 30, 2021 in New York...
Finance Secretary Carlos G. Dominguez III said the support extended by multilateral institutions to the clean energy transition projects of developing economies is crucial to encourage the flow of private sector capital into these initiatives. Dominguez said the meticulous planning and vetting done...
Finance Secretary Carlos G. Dominguez III has underscored the importance of the “blended approach” or sustainable orchestration of grants, investments, and subsidies to make climate finance work for its beneficiaries. IMG_1313 During a ministerial dialogue on climate finance at COP26, Dominguez...
The Philippines and Indonesia have formed a new partnership establishing an Energy Transition Mechanism (ETM), the first of its kind in Asia and the Pacific, the Asian Development Bank (ADB) said. At the COP26 in Glasgow, ADB President Masatsugu Asakawa, Indonesian Finance Minister Sri Mulyani...
House Deputy Minority leader and Bayan Muna Rep. Carlos Isagani Zarate on Wednesday, Nov. 3 welcomed the filing of a petition seeking to disqualify former Senator Ferdinand “Bongbong” Marcos Jr. from the presidential race in 2022. Rep. Carlos Isagani Zarate A fierce critic of the Marcos family,...
The Roman Catholic Church commemorates Thursday, Nov. 4, the memory of San Carlos (Saint Charles) Borromeo, the revered patron saint of bishops, catechists, and seminarians as well as of several schools, towns, seminaries, and parishes in the country. San Carlos Borromeo (Manila Bulletin File) In...
The Philippines incurred billions of pesos in losses due to climate-related hazards in over a decade despite contributing only a meager to global greenhouse gas emissions. The Department of Finance (DOF) revealed Tuesday, Nov. 2, 2021, that extreme weather driven by climate change cost the...
Economic recovery is “not a horse race” among Asian peers, the Department of Finance (DOF) clarified after a number of analysts anticipated that the Philippines may likely become the last country in region to regain its pre-pandemic growth level. “I don't watch the projections for the...