The government remains confident of the six percent to seven percent target rate by the year-end, the National Economic and Development Authority (NEDA) said. NEDA Secretary Arsenio M. Balisacan said the slowdown in the second quarter could be offset by fiscal spending in the third quarter,...
Investors from the Middle East – primarily energy companies from Qatar, United Arab Emirates (UAE) and Saudi Arabia – are enthusiastically eyeing to funnel investments into offshore oil and gas exploration ventures in the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM), according to...
ACT Teachers Party-list Rep. France Castro (Facebook) House Deputy Minority leader and ACT Teachers Party-list Rep. France Castro voted against the Military and Uniformed Personnel (MUP) Pension Reform Bill for the reason that it would redirect a...
Sen. Ronald "Bato" dela Rosa believes that the minor victims of the Socorro Bayanihan Services Inc. (SBSI) or the so-called Socorro "cult" have no reason to lie about the trauma they experienced. (Senate PRIB photo) For Dela Rosa, he sees no reason or motivation for the witnesses who are aged 12 to...
The Kilusang Magbubukid ng Pilipinas (KMP) on Thursday, Sept. 28 said the "lengthened" execution of importation and trade liberalization policies have caused the country's self-sufficiency in crops, livestock, and fisheries "to fall down." KMP, together with Bantay Bigas Network, and the convenors...
The Securities and Exchange Commission (SEC) and the Philippines’ leading finance super app GCash have signed a memorandum of agreement (MOA) to go after perpetrators of online fraud, e-scams, and other cybercrimes. Under the agreement, GCash will assist and cooperate with the SEC in...
The Department of Information and Communications Technology (DICT) on Thursday, Sept. 28 pledged to continue working on the complete restoration of the Philippine Health Insurance Corporation (PhilHealth) system, which was targeted by cybercriminals last week. Photo from Pixabay Through its...
A Senate panel has cited in contempt four members of the Socorro Bayanihan Services Inc. (SBSI) or the so-called Socorro "cult" including its President or leader Jey Rence Quilario also known as "Senior Agila" after consistently denying the existence of child marriage in their community. ...
The Commission on Human Rights (CHR) said it is high time for the government to resolve expeditiously the issues of poverty and inequality being suffered by the members of the indigenous cultural communities (ICCs) in the country. It said the problems could be resolved with the immediate passage...
The Bases Conversion and Development Authority (BCDA) along with the John Hay Management Corporation (JHMC) has partnered with the Department of Information and Communications Technology (DICT) to establish the North Luzon Data Center. The North Luzon Data Center will be the institution for...
The Securities and Exchange Commission (SEC) has relaxed the disclosure requirements for public offerings as part of guidelines issued to streamline the process for companies seeking to raise funds from the capital market. SEC Chairperson Emilio B. Aquino “The streamlined procedures are part of...
The Department of Budget and Management (DBM) has ruled out the possibility of a reenacted budget for next year following the House of Representatives' swift approval of the 2024 general appropriations bill (GAB). In a statement on Thursday, Sept. 28, Budget Secretary Amenah F. Pangandaman lauded...