The Development Budget Coordination Committee (DBCC), an inter-agency body tasked to set the government’s macroeconomic targets, will meet tomorrow, Wednesday, August 18, to reassess the country’s recovery amid the mutating coronavirus. Finance Secretary Carlos G. Dominguez III But ahead of the...
Senior members of the House of Representatives on Tuesday, August 16 slammed President Rodrigo Duterte’s attacks against the Commission on Audit, saying that subverting the agency’s independence is a clear violation of the Constitution. 4C066E0A-F172-4FC2-A79E-EBEC6BE79E53_4_5005_c In separate...
The Insurance Commission (IC) wants to remove variable insurance products from the list of mutual fund schemes to avoid increasing costs for consumers and defeating the goal of financial inclusion for all Filipinos. Sec. Dominguez and Comm. Funa In a letter to Finance Secretary and Capital Market...
The House Makabayan Bloc on Monday, August 16 filed House Resolution 2129 proposing a thorough congressional inquiry into the “grave inefficiency, gross incompetence and criminal negligence” allegedly committed by the Department of Health (DOH) in its management of P67.32 billion in funds to...
The Bureau of Internal Revenue (BIR) filed a total of 84 criminal charges against suspected tax cheats before the Department of Justice (DOJ) during the first half of 2021 for refusal to settle tax debts amounting to P3.1 billion. (Photo by Roth Melinda/ Unsplash) The BIR also padlocked 274 firms...
The Department of Finance (DOF) said the growing roster of real estate investment trust (REIT) offerings will propel the growth of the Philippines’ property sector beyond the pandemic, serving as one catalyst for the country's quick and strong recovery. In a statement, Finance Secretary Carlos G....
Progressive lawmakers have assailed anew Department of Health (DOH) Secretary Francisco Duque after the reported deficiencies of his department in spending some P67.32 billion in COVID-19 response funds. Health Secretary Francisco Duque III (PCOO) Bayan Muna Party List Representative Carlos Zarate...
The government’s chief economic manager said the country’s recovery remains “promising” despite “speed bumps” this year. Finance Secretary Carlos Dominguez III Finance Secretary Carlos G. Dominguez III said he is still optimistic over the Philippines’ “promising” prospects for a...
A heated exchange ensued between Bayan Muna Representative Carlos Zarate and Agriculture Secretary William Dar and on Tuesday, August 10, after the latter accused the lawmaker of distorting facts on the impact of African swine fever (ASF) outbreak on the local hog industry. Department of...
For the sake of putting end to the Duterte brand of governance, various opposition groups have been asked to be “open to all formulas” that could lead to unification. Vice President Leni Robredo and Sen. Panfilo Lacson House Deputy Minority Leader and Bayan Muna Rep. Carlos Isagani Zarate aired...
Creamline's Tots Carlos scores against Petro Gazz defenders during Game 1 of their semifinal match in the PVL Open Conference (From PVL Media Bureau) Creamline turned back a resilient PetroGazz, 27-29, 25-23, 16-25, 25-17, 16-14, Sunday to draw the first blood in their best-of-three semifinal...
President Duterte has an option to ask for a supplemental budget from Congress if the government funds won't be enough for the cash assistance to people affected by the pandemic lockdown, according to a Palace official. President Rodrigo Duterte (File photo/ Malacañang) But for now, Presidential...
