The NLEX Connector is on track to finish construction by first-quarter next year as the toll road’s first five-kilometer section is now half complete, a unit of the Metro Pacific Tollways announced. NLEX-Connector_Board-Map-scaled J. Luigi L. Bautista, NLEX Corp. president and general manager...
SSS mobile app The number of Social Security System (SSS) members filing unemployment-insurance claims skyrocketed since the pandemic began in March last year, the government’s chief economic manager revealed. Finance Sec. Carlos Dominguez III Since the SSS unemployment insurance benefit (UIB)...
Palay prices in some parts of the country have dipped below the production cost, but the worst is yet to come for rice farmers. Based on the initial survey by Federation of Free Farmers (FFF), palay prices in some parts of the country, including Pangasinan, Tarlac, Mindoro Occidental, Negros...
Imposing higher tax on Filipino billionaires whose fortunes have reached more than one billion pesos may not be a good idea with Finance Secretary Carlos G. Dominguez III warning this will only result in capital flight out of the Philippines. Finance Secretary Carlos G. Dominguez Dominguez said as...
K-pop superstars and special presidential envoy BTS talked about the youth around the globe and their thoughts amid the ongoing coronavirus disease (COVID-19) pandemic that has affected the world for nearly two years at the United Nations General Assembly Hall in New York City on Sept. 20. BTS’...
PMFTC Inc., the local affiliate of Philip Morris International (PMI), remained the country’s largest cigarette manufacturer in terms of sin tax contributions to government revenue, data from the Department of Finance (DOF) showed. PMFTC Based on the DOF’s analysis, the company behind the...
Malacanang has ratified the Regional Comprehensive Economic Cooperation (RCEP), a mega free trade deal seeking to grant zero duty on goods traded among 15 countries that account for 29 percent of global gross domestic product. The document was ratified by President Rodrigo Duterte on September 2...
The decline in sardines catch in Bicol and Samar is now at an alarming rate, prompting international organization Oceana to urge the Philippine government to prioritize and hasten the implementation of the National Sardine Management Plan. Oceana recently released the results of its study,...
The Department of Health (DOH) played a major role in the procurement by government of allegedly overpriced face masks and face shields at the height of the devastation of the COVID-19 pandemic last year. DOH logo virus background Former Commission on Audit Chairperson Grace Pulido Tan pointed...
The Philippine Association of Meat Processors Inc. (PAMPI) is wary over the Philippines’ imposition of a ban on Brazilian beef products, a temporary measure to prevent Mad Cow disease or Atypical Bovine Spongiform Encephalopathy (BSE) from entering the country. To protect consumers, the...
EU hints resumption of trade negotiations with PH The EU said it is currently assessing the possible resumption of bilateral trade negotiations with the Philippines as the 27-European country union steps up its strategic engagement with the Indo-Pacific region. European Union (EU) In its Joint...
Finance Secretary Carlos G. Dominguez III urged small investors to invest in the government’s maiden onshore retail dollar bond (RDBs) offering, saying it is a “win-win proposition” that will promote financial inclusion while raising funds for the country’s coronavirus response. Finance...
