The Department of Finance (DOF) said that President Marcos will soon sign the law imposing value-added tax (VAT) on foreign digital service providers, such as Netflix. During a Senate Finance subcommittee hearing on Tuesday, Aug. 27, Finance Secretary Ralph G. Recto said the DOF and the Bureau of...
Seven former secretaries of the Department of Finance (DOF) have expressed their support for utilizing excess funds from government-owned or controlled corporations (GOCCs) to finance important government projects. In a joint statement on Tuesday, Aug. 27, the former DOF chiefs said that...
ILOILO CITY — Tourism Secretary Christina Garcia-Frasco led the groundbreaking of a P10-million tourist rest area (TRA) in Tubungan town, Iloilo province on August 23. DOT Secretary Christina Frasco leads the groundbreaking of a P10-million tourist rest area in Tubungan town, Iloilo...
KIDAPAWAN CITY, North Cotabato – Department of the Interior and Local Government Secretary Benjamin Abalos Jr. urged Kingdom of Jesus Christ leader Pastor Apollo C. Quiboloy to surrender and face the criminal charges filed against him, saying that the religious leader "has nothing to worry...
The Department of Health (DOH) confirmed on Monday, Aug. 26, the detection of two additional cases of mpox in the country. (DOH / Manila Bulletin) In a statement, the DOH reported that the new cases were detected in Metro Manila. Both cases have MPXV clade II , which is considered the...
To better prepare the region's youth for future challenges, the Philippines, through the Department of Education (DepEd), urged ASEAN member states to prioritize digital transformation in education. DepEd Secretary Sonny Angara attends the 13th ASEAN Education Ministers Meeting in Thailand. (Photo...
German financial services giant Deutsche Bank said that investment growth in the Philippines will likely remain constrained in the near term despite the upcoming easing of the central bank’s restrictive policies. In its Asia Macro Insights report published on Monday, Aug. 26, Deutsche Bank...
Concerned that the revised policy may overlook teachers' concerns, a group on Monday, Aug. 26, reiterated its request for an urgent meeting with the Department of Education (DepEd). DepEd / MB Visual Content Group The Teachers' Dignity Coalition (TDC) has once again requested a dialogue with DepEd...
One of President Marcos’ economic managers has said that an “A” credit rating from Moody’s Ratings is now within reach, as the government intensifies its efforts to achieve this coveted status. Although Moody’s has still kept the Philippines’ credit rating at “Baa2”—an...
FOR MONDAY ISSUE The national government's infrastructure spending is on track to meet its full-year target, the Department of Budget and Management (DBM) said. Based on the DBM's national government disbursement performance report, the budget allocated for infrastructure projects in the second...
The road to peace in the Bangsamoro region has been a long and challenging one. Recent developments, however, indicate that the dividends of peace are now at hand. Instrumental to the achievements made under the Bangsamoro peace process over the past 10 years is the Inter-Cabinet Cluster...
Department of Social Welfare and Development Secretary Rex Gatchalian (DSWD Photo) Department of Social Welfare and Development (DSWD) Secretary Rex Gatchalian assured the public that the agency remains committed to assisting all those in need, whether or not they have referral letters from public...
