The Department of Finance (DOF) has commended President Duterte and the members of Congress for the enactment of a law that will further liberalize the economy and open up the country to more foreign direct investments (FDIs). Finance Sec. Carlos Dominguez III In a statement, Finance Secretary...
A number of trainer-volunteers from the Technical Education and Skills Development Authority (TESDA) have arrived in areas hit by Typhoon Odette to provide skills training and assistance in rehabilitation. (Photo from TESDA / MANILA BULLETIN) This move is part of the agency’s “TESDAmayan”...
The Department of Finance (DOF) remains optimistic that Congress will pass this year the remaining tax reform packages that aim to reform the property valuation system and simplify capital market taxation. After the legislature was able to act on a slew of economic liberalization bills in 2021,...
Accelerated vaccination and more targeted alert level system with granular lockdowns would reduce coronavirus cases and deaths while bringing back more employment, the National Economic and Development Authority (NEDA) said. In a statement, Socioeconomic Planning Secretary Karl Kendrick T. Chua...
The National Economic and Development Authority (NEDA) said the Omicron variant will not slam the Philippines' growth prospects for the year, saying the fresh blow of tighter quarantine controls is only temporarily. Two years into the COVID-19 pandemic, Socioeconomic Planning Secretary Karl...
Health Secretary Francisco Duque III said on Tuesday, Jan. 4 is under quarantine after he was exposed to his staff who was positive for the coronavirus disease (COVID-19). Health Secretary Francisco Duque III / RTVM screenshot "I am in quarantine since I got exposed to my staff who tested positive...
Averaging only more than 300 cases per day in the previous week, the country's average daily reported cases of COVID-19 has soared to more than 3,000 this week, the Department of Health (DOH) said on Tuesday night, Jan. 4. Shoppers flock to bargain stores along Ilaya Street in Divisoria, Binondo,...
Despite the struggles and hardships brought by the COVID-19 pandemic, the Department of Public Works and Highways (DPWH) was able to accomplish eight different projects, including four major infrastructure under the flagship ‘Build Build Build’ (BBB) program of President Duterte. In his fourth...
The capitalization of the Real Estate Investment Trusts (REITs) in the Philippines zoomed in less than two-years, placing the country in the middle of the pack among major economies in the South and East Asian regions. In a report to Finance Secretary Carlos G. Dominguez III, the Securities and...
The Technical Education and Skills Development Authority (TESDA) said on Monday, Jan. 3 that it has deployed its trainers for different qualifications to communities affected by Typhoon Odette TESDA Secretary Isidro Lapeña leads the send-off ceremony of 182 trainer-volunteers to augment the...
52F4A046-C8B3-4C9A-A78A-E86E2F00A6E4 WASHINGTON, United States — US Defense Secretary Lloyd Austin reported Sunday that he has contracted COVID-19, as the highly infectious Omicron variant sweeps across the United States. Austin's symptoms were "mild" and he will quarantine at home for the...
The prolonged pandemic has brought unprecedented economic challenges worldwide. In the Philippines, the COVID-19 crisis has wiped out the country’s gains over the past years as it incurred a staggering P1.4-trillion loan to fight the pandemic. Two years in, the virus remains very unpredictable...
