The National Economic and Development Authority (NEDA) said importation should be allowed when local sugar manufacturers are not producing enough to keep up with demand. On the Economic Journalists Association of the Philippines (EJAP) forum on Wednesday, Aug. 17, Socioeconomic Planning Secretary...
President Marcos has approved the review of the implementing rules and regulations (IRR) of the Build-Operate-Transfer (BOT) Law, the National Economic and Development Authority (NEDA) said. At the Economic Journalists Association of the Philippines (EJAP) forum on Wednesday, Aug. 17, Socioeconomic...
Consumers may get some relief soon from higher prices as the Department of Finance (DOF) has seen signs inflation may have peaked in July on the back of decelerating global crude prices. In a statement on Wednesday, Aug. 17, Finance Secretary Benjamin E. Diokno said the country could have reached...
NIGHT OWL Anna Mae Lamentillo A government that is accessible to the public any time of the day, any day of the week. This is the vision of Department of Information and Communications Technology (DICT) Secretary Ivan John E. Uy. A passionate advocate of e-governance, Secretary Uy said that...
Department of Social Welfare and Development Department of Social Welfare and Development (DSWD) Secretary Erwin T. Tulfo announced the creation of a technical working group (TWG) to draft the Implementing Rules and Regulations (IRR) to operationalize Republic Act (RA) 11861 or the Expanded Solo...
The Department of Finance (DOF) said the Marcos administration would push for a new mining fiscal regime to increase public tax revenues and promote transparency. During a Senate hearing on Tuesday, Aug. 16, Finance Secretary Benjamin E. Diokno said that the proposal rationalization of the mining...
The Department of Finance (DOF) wants to amend the implementing rules and regulations (IRR) of the Build-Operate-Transfer (BOT) Law to lure private investments to Public-Private Partnerships (PPP). In a statement on Tuesday, Aug. 16, Finance Secretary Benjamin E. Diokno said the DOF is planning to...
The Department of Budget and Management (DBM) has released P1.4 billion, ensuring the free rides program at the Edsa Busway to continue until the end of the year. Budget Secretary Amenah F. Pangandaman on Tuesday, Aug. 16, announced the release of P1.4 billion for the additional funding...
The Department of Transportation (DOTr) is "open to other sources of funding" although Transport Secretary Jaime J. Bautista has recently agreed to re-negotiate Chinese financing for major transport projects. "We are not limiting our options to China. We want to have different options. We are also...
Press Secretary Trixie Cruz-Angeles announced that she is currently under isolation after testing positive for Covid-19. Press Secretary Trixie Cruz-Angeles (Facebook screenshot / Press Secretary Trixie Cruz-Angeles) In a Facebook video , Angeles said her RT-PCR test results came out on Monday...
More than two million Filipinos were pushed into poverty in the last three years, which the National Economic and Development (NEDA) blamed to the effects of the prolonged Covid-19 pandemic on the economy and employment that brought to 19.99 million total number of poor Filipinos in the country....
The Department of Transportation (DOTr) will rebid the rehabilitation of the Ninoy Aquino International Airport (NAIA) within the year. "We will invite the private sector to revisit the possibility of doing a Public Private Partnership (PPP) for NAIA. Maybe, Megawide and the super consortium can...