Imposing higher tax on Filipino billionaires whose fortunes have reached more than one billion pesos may not be a good idea with Finance Secretary Carlos G. Dominguez III warning this will only result in capital flight out of the Philippines. Finance Secretary Carlos G. Dominguez Dominguez said as...
Makabayan congressmen on Tuesday, Sept. 21 said the unabated incidences of human rights violations, many resulting in deaths, under the Duterte administration has given Filipinos instant flashbacks of the years when the country was under martial law. Human rights rally On the 49th commemoration of...
Speaker Lord Allan Velasco lauded his colleagues for the third reading approval on Monday, Sept. 20 of House Bill No. 10107 or the proposed Philippine Creative Industries Development Act. Velasco at AIPA Velasco said HB 10107 is “one of the measures we have identified that will help the country...
MB File Photo Carlos Yulo is determined to move on from his Tokyo Olympics stint when he eyes to defend his title in this 50 th FIG Artistic Gymnastics World Championships on Oct. 18 to 24 in Kitakyushu, Japan. Based on recent social media posts of Yulo and his Japanese coach Munehiro Kugimiya, the...
Unless Congress gets back the power of the purse, Filipinos may again expect lack of transparency and abbreviated deliberations resulting from the railroaded passage of the national budget. House of Representatives plenary House Deputy Minority Leader and Bayan Muna Rep. Carlos Isagani Zarate aired...
Bishop Gerardo Alminaza, chairperson of Church People-Workers Solidarity. (Photo from the Diocese of San Carlos/CBCP News) San Carlos, Negros Occidental Bishop Gerardo Alminaza has tested positive again for coronavirus disease (COVID-19), the Diocese of San Carlos announced on Sunday, Sept. 19. "I...
Finance Secretary Carlos G. Dominguez III urged small investors to invest in the government’s maiden onshore retail dollar bond (RDBs) offering, saying it is a “win-win proposition” that will promote financial inclusion while raising funds for the country’s coronavirus response. Finance...
Two Makabayan bloc members lauded on Thursday, Sept. 16 the decision of the International Criminal Court to authorize a full investigation into the bloody drug war under administration of President Rodrigo Duterte. Gun firing House Deputy Minority Leader and Bayan Muna Rep. Carlos Isagani Zarate...
Finance Secretary Carlos Dominguez III did not oppose propositions for the abolition of the Department of Budget and Management's Procurement Service (DBM-PS) and the Philippine International Trading Corporation (PITC). Finance Secretary Carlos G. Dominguez III (Presidential Photo) The Department...
The country’s solid financial footing amid the ongoing pandemic validated the “good work” of the Department of Finance (DOF) as well as the correctness of the reforms and policies it has pursued, the government’s chief economic manager said. In his presentation before senators of the...
The public listing of the Philippines’ fourth real estate investment trust (REIT) company amid the lingering pandemic confirms investor optimism in the country’s solid recovery, the government’s chief economic manager said. At the listing ceremonies in the Philippine Stock Exchange (PSE) on...
House Deputy Minority Leader and Bayan Muna Rep. Carlos Isagani Zarate urged Manila Electric Company (Meralco) to reconsider its decision to impose another power rate hike, the sixth this year, saying that it is ill-timed as Filipinos are still reeling from the devastating effects of the COVID-19...
