More than three-fourths of the country’s economy remain under heightened restrictions, the National Economic and Development Authority (NEDA) said, warning this prolonged-quarantine period will not come without consequences on future generations. Since the onset of COVID-19 pandemic in March last...
Finance Secretary Carlos G. Dominguez III will represent the Philippines at the global climate action talks and negotiations, also known as 26th Conference of Parties (COP26) of the United Nations Framework Convention on Climate Change, in Glasgow, Scotland next week. Delegates from almost 200...
The National Economic and Development Authority (NEDA) said that allowing businesses to fully operate is a more sustainable approach than providing government subsidies to sectors that lost their income as result of the prolonged lockdowns. Socioeconomic Planning Secretary Karl Kendrick T. Chua...
Anticipating the adverse effect on hundreds of families by the government’s flood mitigation project in Cavite Economic Zone, the Department of Public Works and Highways (DPWH) has finalized a planned construction of housing units with the National Housing Authority (NHA) in the province....
The Philippine Association of Meat Processors Inc. (PAMPI) said that instead of expanding the market areas for imported pork under the minimum access volume (MAV) plus scheme, the Department of Agriculture (DA) should just allow the sale of frozen meat in wet markets. 41969 "PAMPI had previously...
The Philippines has called on Western economies to act now in significantly reducing their carbon footprints, and make good on their commitments to extend the financing needed by climate-vulnerable countries to transition to a clean energy future. Speaking at the 2021 Asian Infrastructure...
The Duterte Administration is poised to reverse its earlier ruling on keeping the ban on open-pit method of mining supposedly done to appease environmental groups. On Wednesday, Oct. 27, Business Bulletin secured a draft Department of Environment and Natural Resources (DENR) Administrative Order...
The Climate Change Commission (CCC) wants to integrate climate indicators in the evaluation of government projects and provide localized data especially to highly vulnerable local government units (LGUs). In a statement, Finance Secretary Carlos G. Dominguez III, who is CCC chairman-designate, said...
Finance Secretary Carlos G. Dominguez III has instructed the Bureau of Internal Revenue (BIR) to set up a unit dedicated to track sales of goods done online and to coordinate with their counterparts in other countries to determine how to properly tax these digital transactions. BIR Commissioner...
Cabinet Secretary Karlo Nograles recently led the virtual turnover of 619 permanent housing units to family-beneficiaries in Batad, Iloilo as part of the housing commitment of Task Force Yolanda, which the official heads. Cabinet Secretary Karlo Nograles (Photo from Karlo Nograles's Facebook)...
(PHIVOLCS) The Philippine Institute of Volcanology and Seismology (Phivolcs) on Friday, Oct. 22, launched six new earthquake atlases to ensure the seismic resiliency of public infrastructures, medium-to-high rise buildings, and residential houses in key areas in the country. Science and Technology...
Collections of the government’s two main tax agencies surpassed the P2-trillion mark in the first nine months of the year, nearing the pre-pandemic level, the Department of Finance (DOF) reported Friday, Oct. 22. Finance Secretary Carlos G. Dominguez III said tax haul of the Bureau of Internal...