BUTUAN CITY – The 2024 Tourism Stakeholders' Summit of the Department of Tourism-Caraga kicks off on Friday, February 16, at the Pavilion Watergate Hotel here with Tourism Secretary Christina Frasco as guest of honor and speaker. DUMADAG (DOT-13) More than 300 tourism stakeholders, congressmen,...
While the proposed wage increase is meant to support workers, the Department of Finance (DOF) is concerned that it could lead to inflationary pressures and impose a heavier burden on small business owners. Finance Secretary Ralph G. Recto said on Thursday, Feb. 15, that the proposed legislation for...
The Department of Budget and Management (DBM) has allocated nearly P29 billion to support the government's community-based safety net initiative that offers temporary employment opportunities to workers in the informal sector. Budget Secretary Amenah F. Pangandaman said the Tulong Panghanapbuhay sa...
New taxes are still a possibility, as the Department of Finance (DOF) clarified that the Marcos administration is just currently not keen on introducing additional tax proposals, apart from its existing priority tax measures. Finance Secretary Ralph G. Recto said the DOF is not developing new tax...
After the shelving the planned merger, the Department of Finance (DOF) is now considering the public listing of Land Bank of the Philippines and the Development Bank of the Philippines (DBP). On Wednesday, Feb. 14, Finance Secretary Ralph G. Recto told Manila Bulletin that informal discussions have...
Finance Secretary Ralph G. Recto calls on the Bureau of Customs (BOC) to keep the cash flowing, stressing the crucial link between efficient tax collections and funding at least a fifth of the government's spending. Addressing BOC employees during the agency’s anniversary celebration on Tuesday,...
Finance Secretary Ralph G. Recto said that the central bank’s Monetary Board (MB) will hold its policy meeting on Wednesday, Feb. 14, instead of the originally scheduled Thursday, Feb. 15. Recto, who represents the government on the MB, explained that the seven-member body decided to advance the...
Finance Secretary Ralph G. Recto emphasized the need to promote a culture of saving and investing in the country, while encouraging Filipinos to consider investing in retail treasury bonds (RTB). “We should instill in our people a mindset that embraces and normalizes a culture of saving and...
GENEVA, Switzerland -- Fisheries, agriculture and WTO reform will be at the heart of intense negotiations when trade ministers from around the world gather in Abu Dhabi later this month. Big deals are unlikely during the World Trade Organization's 13th ministerial meeting, since its rules require...
Vice President and Education Secretary Sara Duterte, the newly installed president of the Southeast Asian Ministers of Education Organization (SEAMEO), is planning to establish a collaborative partnership with the Malaysian government in the field of education. Photo credit to MB Visual Content...
To support the Department of Agriculture's (DA) rice program, the Department of Budget and Management (DBM) released funding for the Rice Competitiveness Enhancement Program (RCEP) for the first quarter of this year. Budget Secretary Mina F. Pangandaman approved on Tuesday, Feb. 13, the P455.59...
Relief packs from the national government will be ferried by this United States Marine Corps KC-130J Hercules aircraft to the landslide victims in Maco, Davao de Oro on Feb. 12, 2024. (Photo by Armed Forces of the Philippines) The death toll from the tragic landslide that struck Barangay Masara in...
