The House of Representatives' Committee on Transportation approved on Tuesday, June 1, the bill that would regulate the use of vintage vehicles. 1-PACMAN Party-list Rep. Eric Pineda reported to the committee the contents of the substitute bill to House Bill No. 8244, or the proposed "Vintage...
OF FORUM Jun Concepcion If not for more foreign loans, where else can the government turn to for huge funds needed in its fight against COVID-19 and to mend the country’s battered economy? Unknown to many, overseas Filipinos (OFs) hold a strategically vital key. How so? Fairly simple, easy –...
The country's tourist destinations should be high on the government's list of vaccination sites to help propel the nation's economic recovery. Boracay Island (TARA YAP / FILE PHOTO / MANILA BULLETIN) The latest appeal was made by Presidential Adviser for Entrepreneurship Joey Concepcion as the...
Sun Life Asset Management Co., Inc. said the Philippine economy may need two years before returning to its pre-pandemic levels owing to uncontrolled coronavirus infections and anemic household consumption. Screen Shot 2021-05-27 at 3.14.47 PM Michael Gerard D. Enriquez, Sun Life Asset Management...
The House special committee on senior citizens on Thursday, May 27, gave its approval on the proposed laws to further expand the benefits of senior citizens in paying water and electricity bills. (Mark Balmores/MANILA BULLETIN File Photo) House Bills No. 1903 and 3040 both seek to amend the...
The House of Representatives on Wednesday, May 26 took a big step in amending the 1987 Constitution by passing on second reading a resolution calling for the revision of economic provisions of the 33-year-old Charter. In a viva voce vote, Resolution of Both Houses No. 2 won second reading approval....
Top officials of the National Task Force (NTF) Against COVID-19 explored areas of cooperation with representatives of 21 business firms in the United States on Wednesday, May 26, to help the country improve its pandemic response and jumpstart the nation's economic recovery. In a statement, the NTF...
The government is still bullish about the country's economic recovery especially if the public will continue to observe health protocols and get vaccinated to combat the coronavirus pandemic. A Taguig City resident receives the first dose of AstraZeneca coronavirus vaccine at the McKinley cinema in...
Senator Grace Poe said Thursday, May 20, that she hopes that public utility vehicle (PUV) drivers will not be bumped off when the government starts vaccinating essential workers under the A4 priority group. Jeepney driver Ricardo Legaspi now lives in his jeepney with his family after the lockdown...
Voting 20-0-0, the Senate approved on third and final reading a bill that would open up the Philippines' retail sector to foreign enterprises. Senate of the Philippines (Senate PRIB) Senators voted to pass on Wednesday, May 19, Senate Bill No. 1840, which proposes to amend the Retail Liberalization...
Last May 12, a day after the Philippine Statistical authority (PSA) reported that the country’s gross domestic product (GDP) contracted by 4.2 percent in the first quarter of the year, the Monetary Board (MB) of the Bangko Sentral ng Pilipinas (BSP) “decided to maintain the interest rate on...
The Senate will work on passing soon the bills aimed at reviving the Philippine economy, such as the proposed amendments to the Public Service Act and to the Foreign Investment Act, among others. (Senate of the Philippines) Senate Majority Leader Juan Miguel Zubiri said senators agreed on this...