Struggling flag-carrier Philippine Airlines (PAL) will not get any financial help from government financial institutions anytime soon, the Department of Finance (DOF) said Thursday, Sept. 9. During the virtual Senate briefing, Finance Secretary Carlos G. Dominguez III said that government-owned...
Ombudsman Samuel Martires wants to open to the public the Statement of Assets, Liabilities and Networth submitted by all government officials and personnel, including that of the president, to ensure transparency. Ombudsman Samuel Martires But Martires’ proposal to amend Republic Act 6713 or the...
The Philippine Health Insurance Corp., commonly known as PhilHealth, needs a long-term plan to fix the agency’s serious systemic problem, the Department of Finance (DOF) said. PhilHealth During a virtual Senate hearing on Wednesday, Sept. 8, Finance Secretary Carlos G. Dominguez III told...
President Duterte’s chief economic manager said the government needs a new approach to rein in coronavirus cases and revive the economy as lockdown orders no longer provide benefits to the country. Finance Secretary Carlos G. Dominguez III said the Inter-Agency Task Force (IATF), the government's...
The Department of Finance (DOF) said that careful balance between the need of economic concerns and the health requirements of COVID-19 will drive the Philippines back to its pre-pandemic path of rapid economic growth. Finance Sec. Carlos Dominguez III During the virtual Philippine economic...
House Deputy Minority leader and Bayan Muna Rep..Carlos Isagani Zarate on Tuesday, Sept. 7 chided the Philippine National Police for withdrawing its policy for mandatory inclusion in inquest proceedings of police personnel involved in killings during anti-crime operations. Gun Zarate said PNP chief...
The Japan Credit Rating Agency Ltd. (JCR) affirmed the Philippines’ credit rating, but it expects a slow pace economic recovery this year due to the rapidly spreading Delta variant. Japan Credit Rating In a statement, JCR said Monday, Sept. 6, that it maintained the credit rating for the...
President Duterte’s chief economic manager bucked the legislative proposals seeking to set a statutory debt limit and create the government’s committee in charge of fiscal discipline. Finance Secretary Carlos G. Dominguez During the House ways and means committee hearing on Monday, Sept.6,...
House Deputy Minority leader Carlos Isagani Zarate on Monday, September 4, scored the Bureau of Fire Protection (BFP) and the Department of the Interior and Local Government (DILG) for still having more than P4.1 billion worth of funds “parked” at the Philippine International Trading...
The Commission on Audit’s admission of experiencing difficulty in auditing confidential and intelligence funds disbursements has made it necessary for Congress to pass the bill creating a joint congressional oversight body to examine multi-billion peso allocations for the said program. Malacanang...
House Deputy Minority Leader and Bayan Muna Rep. Carlos Isagani Zarate on Saturday, Sept. 4 slammed the creation of the Inter-Agency Anti-Corruption Coordinating Council (IAACCC) amid the controversy over reports of massive overpricing of vital COVID-19 prevention gadgets and paraphernalia. Face...
Spain's Carlos Alcaraz celebrates after winning his 2021 US Open Tennis tournament men's singles third round match against Greece's Stefanos Tsitsipas at the USTA Billie Jean King National Tennis Center in New York, on September 3, 2021. (Photo by TIMOTHY A. CLARY / AFP) Spanish 18-year-old Carlos...
