The headline is a question because it remains to be seen if our country is truly serious in becoming a tourism powerhouse. Words, plans, even a President’s directive are all “niceties,” but are we truly ready to match the tourism prowess of Bangkok, Bali, or Hong Kong? Are we putting money...
The Department of Health (DOH) said on Monday, March 20 that all its decisions regarding hiring and restructuring within the agency have been made through proper consultations and procedures. In a statement, DOH said that these reforms are part of the goal of the agency to continuously improve the...
The National Economic and Development Authority (NEDA) has released the implementing rules and regulations (IRR) of the amended Public Service Act (PSA) that allows full foreign ownership of some Philippine businesses. Upon its effectivity, the amendments to the PSA shall enable the liberalization...
The Bureau of Customs announced the creation of an advisory council that will engage all stakeholders, like the private sector, in formulating strategies for the government’s second largest tax agency. In a statement on Monday, March 20, Customs Commissioner Bienvenido Y. Rubio said the advisory...
The Department of Budget and Management (DBM) said it has lined up several initiatives aimed at achieving open government and ensuring fiscal transparency. In a statement, Budget Secretary Amenah F. Pangandaman said she is supporting the promotion of open governance and fiscal transparency, which is...
The Department of Finance (DOF) reported that the national government posted a budget surplus in the first-month of the year owing to robust revenue collection and weak public spending. Finance Secretary Benjamin E. Diokno said on Friday, March 17, that the government fiscal surplus reached P45.75...
Road infrastructure in known tourist destinations in the country will receive higher funding from the national government this year, the Department of Budget and Management (DBM) said. In a statement, Budget Secretary Amenah F. Pangandaman said the government plans to construct, reconstruct,...
About 1,500 kilometers of roads and 161 bridges were built and improved around the country in six months, the Department of Public Works and Highways (DPWH) said. Public Works and Highways Secretary Manuel Bonoan in a Palace briefing on Tuesday, March 14, said he presented to the President the...
The Philippine economy is spared from the high-profile collapse of the Silicon Valley Bank (SVB), the Department of Finance (DOF) said on Wednesday, March 15. Finance Secretary Benjamin E. Diokno said local banks have no exposure to the problems faced in the US financial sector in the aftermath of...
There is no truth to rumors that President Ferdinand "Bongbong" Marcos Jr.'s second executive secretary since he assumed the position is resigning. This was confirmed on Tuesday by Executive Secretary Lucas Bersamin himself, who called the rumor in a statement as "fake news." He added that it is...
More than 70,000 infrastructure projects are expected to be implemented around the country this year, Department of Public Works and Highways (DPWH) Secretary Manuel Bonoan announced. "[T]he Department of Public Works and Highways for this year, for 2023, is going to implement more than 70,000...
A non-profit organization believes that the government should amend the tax incentives for electric vehicles as it 'lacks inclusivity.' According to Philippine Business for Environmental Stewardship Secretary General Felix Jose Vitangcol, there seems to be a problem in the EO since only a limited...
