Trade and Industry Secretary Alfredo E. Pascual has hinted of a likely increase in the suggested retail prices (SRP) on basic necessities and prime commodities (BNPCs). In a radio interview, Pascual said the agency expects that 25 percent of requests for price adjustments may be granted at...
Malacanang has already given its go signal for the Senate to “concur” the ratification of the Regional Comprehensive Economic Partnership (RCEP), which failed to pass in the previous Senate during the Duterte administration on strong opposition from various farmer groups. Trade and Industry...
The Department of Finance (DOF) remained confident that the national government’s debt ratio would decline during the Marcos administration despite its recent uptick in the third-quarter. Finance Secretary Benjamin E. Diokno said the government’s ability to pay its debts continues to improve...
The Department of Budget and Management (DBM) has approved the release of funding for the protein-enriched copra meal (PECM) commercialization project of the Department of Agriculture. In a statement, Budget Secretary Amenah F. Pangandaman said the DBM will release P69.7 million to support the PECM...
Department of Tourism (DOT) Secretary Christina Garcia Frasco was cited as among the top-performing cabinet officials of the Marcos administration, and she owed the regnition to the organization's effectivity in implementing tourism reforms and programs. Photo: Department of Tourism Frasco thanked...
Local government units (LGUs) should optimize their increased budgets from the Mandanas-ruling in setting up plans on capital investments to address basic and growing needs of their constituents, the Cabinet official said. In a statement, Finance Secretary Benjamin Diokno said the full devolution...
The Department of Finance (DOF) urged climate experts and leaders from the public, private, and development sectors to invest more in resilience finance to reduce climate risks and disasters. At the Climate Investment Forum organized by the Climate Change Commission (CCC), Finance Secretary...
Two European officials visited the heads of the Department of Science and Technology (DOST) and the Philippine Space Agency (PhilSA), DOST said on Wednesday, Nov. 23. Giovanni Serritella (from left), EU Philippines Program Manager for Environment; Maria Terron Puig, DG-INTPA Philippine Desk...
Trade and Industry Secretary Fred Pascual started his onsite price watch with the pilot run of “Ikot Palengke” in Marikina City public market and supermarkets to tighten price and supply monitoring of basic necessities and prime commodities (BNPCs), ensure fair trading, and consumer protection...
The Department of Finance (DOF) has vowed to resolve the complicated military and uniformed personnel (MUP) retirement and pension system that continues to take a heavy toll on the government’s yearly budget. Finance Secretary Benjamin E. Diokno said on Wednesday, Nov. 23, that the MUP pension...
Transportation Secretary Jaime Bautista said the goal now of his agency is to make the Philippines "the Maritime Capital of the World by supplying the "seafarers of choice for the global maritime industry." Bautista, who announced his department's goal Wednesday, Nov. 23, noted there over 600,000...
President Ferdinand "Bongbong" Marcos Jr. has belied reports that Finance Secretary Benjamin Diokno would be replaced by Albay Representative Joey Salceda. President Ferdinand 'Bongbong' Marcos Jr. (Photo courtesy of the Office of the Press Secretary) Marcos labeled the circulating claims as "fake...
