Executive Secretary Lucas P. Bersamin recently received a landmark report that seeks to strengthen maritime and coastal development in Luzon and other parts of the country. “The Philippine Blue Economy” is the product of a series of multi-sectoral roundtable discussions that gathered close to...
Department of Trade and Industry (DTI) Secretary Cristina Roque dismissed a document circulating on social media as fake that allegedly outlined the Philippines’ concessions to secure a trade agreement with the United States (US). “I want to inform the general public that I did not issue such...
The Department of Education (DepEd) on Monday, July 21, appealed to local government units (LGUs) and the public to be more cautious and discerning when declaring or calling for class suspensions, warning that frequent cancellations contribute to significant learning loss among students. Heavy...
The Department of Education (DepEd) called for enhanced collaboration with the Department of Public Works and Highways (DPWH) and local government units (LGUs) to construct more access roads to public schools, particularly in geographically isolated and disadvantaged areas (GIDAs). In a statement,...
With the Philippines being flagged as one of the developing countries that spent more than 10 percent of its income on debt repayments in 2023, the Department of Finance (DOF) argued that the fiscal strain stemming from mounting debt payments remains under control. “We’re managing it,” DOF...
After receiving zero subsidies this year, the Philippine Health Insurance Corporation (PhillHealth) will be getting ₱53.3 billion in government support next year, according to President Ferdinand Marcos Jr.’s chief economic manager. Department of Finance (DOF) Secretary Ralph G. Recto told...
The Department of Finance (DOF) has clarified that a new law will not tax the savings of ordinary Filipinos, as it only standardizes the tax rate on interest income, eliminating the unfair preferential treatment previously enjoyed by the wealthy. Finance Secretary Ralph G. Recto said the passage of...
Finance Secretary Ralph G. Recto said slapping the online gaming industry with a 10-percent tax could generate at least an additional ₱20 billion in revenues annually. Recto told reporters during an informal press chat that taxing each gamer per bet is more challenging to implement. He said it...
The Economy and Development (ED) Council has approved the North-South Commuter Railway (NSCR) operations and maintenance project, valued at around ₱229.3 billion, during its second meeting on Tuesday, July 15. Department of Economy, Planning, and Development (DEPDev) Secretary Arsenio M....
BEYOND BUDGET Assalamu alaikum wa Rahmatullahi wa Barakatuh. Every child holds a promise for the future of our country. To reach their full potential and be productive members of society, they must be given a fair start in a nurturing, safe, and secure environment — not only to survive but to...
Newly-appointed Presidential Communications Office (PCO) Secretary Dave Gomez has directed all "political appointees" in the agency to submit their courtesy resignations. Gomez confirmed on Tuesday, July 15, that he indeed made the directive. "I confirm that. It 's part of the standard...
ILOILO CITY — The construction of a 62-megawatt (MW) solar power plant is underway in northern Iloilo province. Department of Energy (DOE) Secretary Sharon Garin joined executives of Jin Navitas Solaris Inc. (SOLARIS) led by Jainto Ng Jr. during the July 11 groundbreaking of Iloilo’s first...
