The Department of Finance (DOF) has reported that the implementation of the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Law has spurred investment worth over P720 billion. Under the CREATE law, the government has provided tax incentives to major projects amounting to a total...
BEYOND BUDGET (Part 2) Assalamu alaikum wa Rahmatullahi wa Barakatuh. Last week, I discussed the basis and dimensions of the optimized 2024 National Expenditure Program (NEP), which we submitted to Congress for deliberations and approval. As I have said, our national budget will lay the...
Vice President Sara Duterte, who serves as the Department of Education (DepEd) Secretary in a concurrent capacity, has chosen to visit Last Mile schools in Cebu on the opening of classes for public schools this School Year (SY) 2023-2024. Photo courtesy of Official Facebook Page of Inday Sara ...
The Philippines intends to seek defense and security alliances with European countries, including the United Kingdom, President Ferdinand "Bongbong" Marcos Jr. has told a visiting British official. President Ferdinand 'Bongbong' Marcos Jr. meets UK Foreign Secretary James Spencer Cleverly in...
The Bureau of the Treasury released the implementing rules and regulations (IRR) for the Maharlika Investment Fund (MIF) following comprehensive consultations with the Land Bank of the Philippines and the Development Bank of the Philippines (DBP). Finance Secretary Benjamin E. Diokno said the...
Department of Social Welfare and Development (DSWD) Secretary Rex Gatchalian ordered the Disaster Response and Management Group (DRMG) on Tuesday, Aug. 29 to immediately dispatch food packs to flood-affected areas in the Visayas and Mindanao. DRMG Assistant Secretary Marlon Alagao said they are...
The Department of Finance (DOF) and the Japan International Cooperation Agency (JICA) have sealed a loan agreement to assist the Philippines during disasters and health emergencies. In a statement, the DOF said Finance Secretary Benjamin E. Diokno and JICA Senior Vice President Nakazawa Keiichiro...
The School Year (SY) 2023-2024 will officially commence in public schools on Tuesday, Aug. 29, as announced by the Department of Education (DepEd). DepEd / MB Visual Content Group This marks the first time, since the onset of the Covid-19 pandemic, that public schools nationwide will conduct...
DOT Secretary Christina Frasco with Philtoa President Fe Abling-Yu The Philippine Tour Operators Association (Philtoa) recently hosted its 4th General Membership Meeting at the Crimson Hotel Filinvest City in Muntinlupa, with the Department of Tourism Secretary Christina Garcia Frasco as keynote...
Foreign Affairs Secretary Enrique Manalo will meet British Foreign Secretary James Spencer Cleverly when the latter visits Manila on Tuesday, Aug. 29. Foreign Affairs Secretary Enrique Manalo and British Foreign Secretary James Spencer Cleverly (Photo courtesy of Enrique Manalo Twitter) Cleverly's...
More than 22 million learners from public and private schools have enrolled for the School Year (SY) 2023-2024 , according to data released by the Department of Education (DepEd) on Sunday, Aug. 27. (DepEd / MB Visual Content Group) Citing the latest data from the Learner...
Finance Secretary Benjamin E. Diokno called upon his regional counterparts to join forces and actively collaborate in overcoming the diverse challenges hindering Southeast Asia's recovery from the Covid-19 pandemic. At the 10th ASEAN Finance Ministers and Central Bank Governors’ Meeting in...
