President Marcos’ economic team has made a pitch for investing in the Philippines and sought Japanese participation in the country’s “high-impact sectors,” the Department of Finance (DOF) said. At the Philippine Business Opportunities Forum (PBOF) in Tokyo, Japan, Finance Secretary Benjamin...
Finance Secretary Benjamin E. Diokno welcomed the decision of the Supreme Court affirming the constitutionality of the Tax Reform for Acceleration and Inclusion (TRAIN) Act amid petitions claiming the law to be “anti-poor” and unlawful. The Supreme Court dismissed the petitioners’...
The Department of Finance (DOF) has signed two loan agreements worth Y377.02 billion, equivalent to P156.08 billion, with the Japanese government for the implementation of the North-South Commuter Railway project and its extension on the sidelines of President Ferdinand R. Marcos Jr.'s visit to...
Pantawid Pamilyang Pilipino Program logo (FACEBOOK) The Department of Social Welfare and Development (DSWD) so far identified 750,000 households that will replace the graduate-beneficiaries of the Pantawid Pamilyang Pilipino Program (4Ps), said Secretary Rex Gatchalian on Friday, Feb. 10....
The Department of Finance (DOF) said the significant improvement in the country’s labor market would help soften the impacts of high inflation on the domestic economy. In a statement, Finance Secretary Benjamin E. Diokno said the steady unemployment rate and lower underemployment rate will help...
Department of Social Welfare and Development Secretary Rex Gatchalian led the distribution of emergency shelter assistance to families affected by typhoon Odette in the ceremonial payout of assistance in the municipality of General Luna, Surigao Del Norte on February 8, 2023. (DSWD) Department of...
The country's unemployment rate dropped to 4.3 percent in December 2022 as against 6.6 percent in December 2021, but the full-year unemployment rate remained below its pre-pandemic average, data from the Philippine Statistics Authority (PSA) showed. Based on the PSA report on Wednesday, Feb. 8, the...
Farmer groups maintain their opposition against the Regional Comprehensive Economic Cooperation (RCEP) as Senate resumes its deliberations Tuesday, Feb. 7, with the executive branch strongly pushing for the country’s participation in the mega trade deal. Already, top officials of the Department...
With his confirmation as Trade and Industry Secretary, Alfredo E. Pascual unraveled himself to the public as someone from among the ordinary DTI stakeholders -- consumers and traders -- contrary to the “snooty” impression when he first stepped into the agency’s premises. The white-haired...
The Department of Public Works and Highways (DPWH) has completed three flood control structures along the Pentor-Balsik, Pagalanggang, and Pita Rivers in Dinalupihan, Bataan, which it said, will protect local residents from heavy flooding during torrential rains. In a report to DPWH Secretary...
DOTr vows to save 49,000 Pinoy seafarers jobs By EMMIE V. ABADILLA The government is working to save the jobs of 49,000 Filipino seafarers aboard European ships and the $7 billion they send home each year, Department of Transportation Secretary Jaime Bautista stated Saturday, February 4. In a...
The visit of US Defense Secretary Lloyd Austin III and his high-level talks with President Marcos and his counterpart, Secretary Carlito Galvez, Jr., underlines the strength of the bilateral ties between the two countries. The visit comes at a time of increasing tensions between the US and China on...
