The National Economic and Development Authority (NEDA) said it will discuss with President Marcos other ways to reduce the rising prices of rice instead of using a price cap. In a briefing on Thursday, Sept. 21, NEDA Secretary Arsenio M. Balisacan said the rice price ceilings imposed by the...
Credit Rating and Investors Services Philippines Inc. (CRISP Ratings) has reaffirmed its “AAA” issuer rating with a stable outlook on real estate tycoon Manuel B. Villar's Vista Land and Lifescapes Inc. (VLL). The highest rating was given based on the firm’s market leadership in property...
House of Representatives (Ellson Quismorio/ MANILA BULLETIN) House Speaker Martin Romualdez has guaranteed the passage on third and final reading next week of the P5.768-trillion General Appropriations Bill (GAB) or proposed national budget for 2024. ...
The Department of Budget and Management (DBM) has given the go-ahead for P12.26 billion to be used for constructing residential buildings for informal settlers and providing housing assistance to calamity victims. In a statement, Budget Secretary Amenah F. Pangandaman said the DBM approved the...
OF SUBSTANCE AND SPIRIT If some members of Congress continue to collaborate in undermining the positive role of the national budget in promoting economic growth, we should not be surprised if, in the next five years, we would still be struggling in breaking out of the so-called lower middle-income...
The government's portion of the income generated by the Philippine Amusement and Gaming Corp. (Pagcor) increased by almost half in the first seven months of the year but remained below pre-pandemic levels. According to the Bureau of the Treasury's report, the government's gaming regulator and...
Senators have expressed support for the Philippine Amusement and Gaming Corporation's (Pagcor) move to transition solely as a regulatory body. Sen. Grace Poe believes that if the Philippine Amusement and Gaming Corporation (Pagcor) can effectively navigate its role as a regulator, it can...
The Department of Science and Technology (DOST) officially announced the launch of the 2023 National Science and Technology Week (NSTW), which will be hosted by the Visayas regional cluster in Iloilo City from Nov. 22 to 26. (Photo credit to DOST) For years, the Philippines has celebrated the...
The Department of Labor and Employment (DOLE) has released guidelines on cancer prevention and control in the private sector. In the Labor Advisory No. 20-2023 signed by DOLE Secretary Bienvenido Laguesma, all private enterprises are required to implement the policy mandated under the Republic Act...
The Senate Committee on Ways and Means has released its committee report that recommends the permanent banning of Philippine Offshore Gaming Operators (POGOs) in the country. Sen. Sherwin Gatchalian formally filed Committee Report No. 136 containing such recommendation on Wednesday,...
SINGAPORE – The prime business strategy that global energy giant Royal Dutch Shell will be pushing on for its deployment of electric vehicle charging facilities is to synergize it with its existing mobility stations, according to a global executive of the company. In an interview with Istvan...
OF TREES AND FORESTS One of the things that the Covid-19 pandemic and its attendant lockdowns deprived us of was our mobility. It severely limited our ability to get out of the house, go to work, meet our friends, run our errands and just basically get some fresh air. The pandemic also halted our...
