The National Economic and Development Authority (NEDA) said the aggressive monetary policy tightening by the Bangko Sentral ng Pilipinas (BSP) would drag down the country’s economic growth this year. During the Wallace Business Forum Roundtable on Wednesday, March 22, NEDA Arsenio M. Balisacan...
NIGHT OWL “Leaving no one behind means leaving no one offline.” United Nations Secretary-General Antonio Guterres emphasizes the importance of ensuring information technology accessibility and inclusivity. UN’s goal is to connect everyone, everywhere by 2030. Digital connectivity will provide...
President Ferdinand "Bongbong" Marcos Jr. has ordered his development committee to further study the previous administration's order in the implementation of the Supreme Court’s 2018 ruling on the correct share of local governments in national taxes. Department of Budget and Management (DBM)...
Malacañang bared that the United States has committed to help clean up the massive oil spill in the waters off Oriental Mindoro. During a meeting with President Ferdinand "Bongbong" Marcos Jr. on Tuesday, March 21, Department of National Defense (DND) Secretary Carlito Galvez Jr. said he spoke with...
The headline is a question because it remains to be seen if our country is truly serious in becoming a tourism powerhouse. Words, plans, even a President’s directive are all “niceties,” but are we truly ready to match the tourism prowess of Bangkok, Bali, or Hong Kong? Are we putting money...
The Department of Health (DOH) said on Monday, March 20 that all its decisions regarding hiring and restructuring within the agency have been made through proper consultations and procedures. In a statement, DOH said that these reforms are part of the goal of the agency to continuously improve the...
The National Economic and Development Authority (NEDA) has released the implementing rules and regulations (IRR) of the amended Public Service Act (PSA) that allows full foreign ownership of some Philippine businesses. Upon its effectivity, the amendments to the PSA shall enable the liberalization...
The Bureau of Customs announced the creation of an advisory council that will engage all stakeholders, like the private sector, in formulating strategies for the government’s second largest tax agency. In a statement on Monday, March 20, Customs Commissioner Bienvenido Y. Rubio said the advisory...
The Department of Budget and Management (DBM) said it has lined up several initiatives aimed at achieving open government and ensuring fiscal transparency. In a statement, Budget Secretary Amenah F. Pangandaman said she is supporting the promotion of open governance and fiscal transparency, which is...
The Department of Finance (DOF) reported that the national government posted a budget surplus in the first-month of the year owing to robust revenue collection and weak public spending. Finance Secretary Benjamin E. Diokno said on Friday, March 17, that the government fiscal surplus reached P45.75...
Road infrastructure in known tourist destinations in the country will receive higher funding from the national government this year, the Department of Budget and Management (DBM) said. In a statement, Budget Secretary Amenah F. Pangandaman said the government plans to construct, reconstruct,...
About 1,500 kilometers of roads and 161 bridges were built and improved around the country in six months, the Department of Public Works and Highways (DPWH) said. Public Works and Highways Secretary Manuel Bonoan in a Palace briefing on Tuesday, March 14, said he presented to the President the...
