Beijing-led Export-Import Bank of China (CEXIM) indicated higher returns to bankroll the Duterte administration’s three big-ticket railways projects, former Finance Secretary Carlos G. Dominguez III said. Dominguez, who served as former President Duterte’s chief economic manager, explained that...
The Department of Finance (DOF) assured that the Philippines is fully prepared to address challenges posed by financial stability risks and inflationary pressures that threaten the economic recovery. Finance Secretary Benjamin E. Diokno said on Friday, July 15, that the country has comprehensive...
Inter-agency cooperation is vital to provide students ample supply of transportation while ensuring their safety from Covid-19, Department of Transportation (DOTr) Secretary Jaime J. Bautista announced on Friday, July 15. The transport chief met with concerned government agencies to ensure...
The Department of Transportation (DOTr) pledged to support green transport projects and electric vehicles throughout the country as sustainable alternatives for the Filipino riding public. DOTr Secretary Jaime J. Bautista made the commitment Thursday, July 14, during the launch of the first...
Acting Senate President Pro Tempore Juan Miguel Zubiri on Thursday, July 14 said he is ecstatic on the designation of Department of Health (DOH) Undersecretary and spokesperson Ma. Rosario S. Vergeire as DOH officer-in-charge (OIC). “She brings with her all her experience fighting this Covid-19...
The Philippines continued to be faring well despite higher debt ratio, as the Department of Finance (DOF) explained that the nation’s economic fundamentals should be considered in determining credit risk. Finance Secretary Benjamin E. Diokno said on Thursday, July 14, that the government’s...
The Department of Budget and Management (DBM) has clarified that the government’s rightsizing plan would not automatically mean reduction in the number of personnel in government agencies. Budget Secretary Amenah F. Pangandaman said on Thursday, July 14, that compared to downsizing which...
An administrative aide died after falling off a building inside the Malacañang compound on Thursday morning, July 14, the Palace said. Press Secretary Trixie Cruz-Angeles (Photo courtesy of OPS) Press Secretary Trixie Angeles-Cruz said in a press briefing that Mario Castro, an administrative...
President Marcos’ chief economic manager said the Philippine economy would continue its robust expansion pace this year despite a rising interest rate environment. Finance Secretary Benjamin E. Diokno said on Thursday, July 14, that the economy, as measured by the gross domestic product (GDP),...
A Cabinet member has committed that the proposed pandemic exit strategy crafted by a panel of medical experts will be endorsed to President Ferdinand "Bongbong" Marcos Jr. Former presidential adviser and Go Negosyo founder Joey Concepcion said that Department of Interior and Local Government (DILG)...
The Department of Finance (DOF) is not amenable to the proposal in Congress seeking to cap the individual income tax rate and raise the tax exemption ceiling on earnings. Finance Secretary Benjamin E. Diokno said on Wednesday, July 13, that the bill filed in the House of Representatives...
President Ferdinand "Bongbong" Marcos Jr. has nominated Ma. Antonia “Toni” Yulo-Loyzaga as Secretary of the Department of Environment and Natural Resources (DENR). Ma. Antonia 'Toni' Yulo-Loyzaga (Screengrab from NDRRMC) Marcos announced the nomination of Yulo-Loyzaga to the post on Tuesday,...
