President Ferdinand "Bongbong" Marcos Jr. has asked the House Committee on Ways and Means chairman to study the possibility of removing the 12 percent value-added tax (VAT) component of public utilities, especially electricity. Albay 2nd district Rep. Joey Salceda This was revealed by the committee...
Camarines Sur 2nd district Rep. Luis “LRay” Villafuerte has thrown his support behind the Department of Environment and Natural Resources' (DENR) plan to legalize more Minahang Bayan (MB) areas. Photo from Mines and Geosciences Bureau The MBs are zones wherein small-scale mining (SSM)...
The Department of the Interior and Local Government (DILG) lauded on Thursday, Nov. 10, the Bureau of Jail Management and Penology (BJMP) for its major contribution to the successes of the National Action Plan on Preventing and Countering Violent Extremism (NAP P/CVE). In a statement, the DILG...
The United States has given the Philippine Coast Guard (PCG) sets of dive equipment and emergency medical supplies for the latter's search and rescue operations. (Photo courtesy of the US Embassy in the Philippines) The US Embassy in Manila said the US Embassy Civil Affairs Team (CAT) donated the...
A consolidated House bill (HB) that seeks to establish a Virology Science and Technology Institute of the Philippines has hurdled not one, but two House panels. Photo from Pixabay/ MANILA BULLETIN The approved substitute measure is a consolidation of 31 different bills. It received the approval of...
The Senate has approved the proposed P32.4 billion 2023 budget of the Department of Finance (DOF) and Department of Budget and Management (DBM) along with their attached agencies and state-owned companies. Senator Juan Edgardo M. Angara, chair of the Senate Finance Committee, sponsored and defended...
The Department of Budget and Management (DBM) approved the release of P335.81 million as Bangsamoro Autonomous Region in Muslim Mindanao’s (BARMM) share in taxes. Budget Secretary Amenah F. Pangandaman said on Thursday, Nov. 10, said that BARMM gets P335.81 million share from the taxes and other...
Senator Sherwin Gatchalian on Thursday, November 10 renewed his push for the establishment of public math and science high schools in all provinces nationwide. Gatchalian made the call in light of the global celebration of the World Science Day for Peace and Development today. The senator has filed...
OF SUBSTANCE AND SPIRIT Diwa C. Guinigundo It was necessary for the President to have met his economic managers last Oct. 18 and discussed inflation, exchange rate and interest rates. Our people should be reassured that today’s critical situation has the attention of those in the highest places....
The Department of Science and Technology (DOST) launched on Wednesday, Nov. 9, the first day of the Handa Pilipinas: Innovations in Disaster Risk Reduction and Management Expo 2022 to showcase the latest innovative technologies and products and research and development (R&D) project-related...
San Miguel Food and Beverage, Inc. (SMFB) posted a 9 percent improvement in consolidated net income to P26.3 billion in the first nine months of the year as it maintained strong growth momentum during the third quarter. In a statemen, the firm said consolidated revenues rose 18 percent year-on-year...
The Securities and Exchange Commission (SEC) has approved the planned P1.89 billion initial public offering (IPO) of Alternergy Holdings Corporation. The Commission En Banc has resolved to render effective the registration statement of Alternergy Holdings covering 4.32 billion common shares,...
