Global merchandise trade hits record high, confirming the strength of trade recovery from the shock of the COVID-19 pandemic, although the new waves of infection could easily undermine recovery, according to the latest World Trade Organization's (WTO) latest Global Trade Barometer. WTO The Goods...
The Delta variant-driven lockdowns imposed to curb the spread of the virus triggered the Development Budget Coordination Committee (DBCC) to significantly slash its economic growth outlook for the year. The DBCC, an inter-agency body tasked to set the country’s macroeconomic targets, further...
The Philippine Health Insurance Corp., commonly known as PhilHealth, may need to revise its coverage as the state-run company struggles to pay off its debt, the government’s chief economic manager said. PhilHealth Finance Secretary Carlos G. Dominguez III said that PhilHealth’s massive spending...
Over 4,800 hectares (has) of idle government-owned lands are up for distribution to farmers in the Bangsamoro region down south, the Department of Agrarian Reform (DAR) said Wednesday, Aug. 18. (File photo/ MANILA BULLETIN) Agrarian Secretary Brother John Castriciones disclosed that around 4,800.34...
Going around the country to distribute land titles to landless farmers has nothing to do with political gimmicky, Department of Agrarian Reform (DAR) Secretary John Castriciones said on Wednesday, Aug. 18. DAR Secretary Brother John Castriciones (Photo courtesy of Malacañang) This, as the agrarian...
The Commission on Audit (COA) has flagged the Department of Agriculture (DA) for billions of unspent funds and accounting "irregularities" prompting several farmers’ groups to slam the government agency led by Agriculture Secretary William Dar. Agriculture Secretary William Dar (Photo courtesy of...
In near tears during a congressional hearing on Tuesday, August 16, Health Secretary Francisco Duque III accused the Commission on Audit of destroying the good image of the Department of Health with the latter’s release of an audit report detailing serious adverse findings in the disbursement by...
The Commission on Audit has never “flagged or flogged” any government agency as claimed by President Rodrigo Duterte but will remain faithful to its constitutional mandate to audit financial transactions and expenditures of all government agencies and instrumentalities. Chairman Michael...
The completion of the 565-meter viaduct of the Bonifacio Global City (BGC)-Ortigas Center Road Link remains on track despite the restrictions caused by the enhanced community quarantine (ECQ) in Metro Manila, the Department of Public Works and Highways (DPWH) said. WORK AS USUAL--The construction...
Around 160,000 business establishments will be as risk if and when the current enhanced community quarantine (ECQ) in Metro Manila gets extended beyond Aug. 20, Department of Trade and Industry (DTI) Secretary Ramon Lopez said. A restaurant staff cleans a table to prepare for the arrival of diners...
The Development Budget Coordination Committee (DBCC), an inter-agency body tasked to set the government’s macroeconomic targets, will meet tomorrow, Wednesday, August 18, to reassess the country’s recovery amid the mutating coronavirus. Finance Secretary Carlos G. Dominguez III But ahead of the...
Instead of an extended enhanced community quarantine (ECQ) in Metro Manila, Department of Trade and Industry (DTI) Secretary Ramon Lopez said he would rather have a deescalation of the restriction to a modified enhanced community quarantine (MECQ) with granular lockdowns. DTI Secretary Ramon Lopez...
