Trade and Industry Secretary Alfredo E. Pascual has urged companies to consider the Philippines as their preferred investment destination because it is a gateway to the 10-member countries of ASEAN. During the Hong Kong ASEAN Summit 2022, the Philippine trade chief took advantage of the Summit to...
Australian Foreign Minister Penny Wong is set to visit the Philippines next week, the Department of Foreign Affairs (DFA) announced. Australian Foreign Minister Penny Wong (Photo from Penny Wong - Senator for SA Facebook Page) Wong will be in the country from Nov. 14 to 15. "The Honorable Senator...
Department of the Interior and Local Government (DILG) Secretary Benjamin "Benhur" Abalos Jr. encouraged local chief executives (LCEs) to actively support the younger population's role in addressing pressing climate issues ahead of the celebration of the National Day for Youth Climate Action and...
The Department of Finance has rejected calls by industry groups to review the revised fiscal incentives tax regime and reportorial requirements for the grant of incentives under the Corporate Recovery and Tax Incentives for Enterprises (CREATE) law. Finance Secretary Benjamin E. Diokno, who also...
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...
Department of the Interior and Local Government (DILG) Secretary Benjamin ‘Benhur’ Abalos Jr. urged local government units in Metro Manila to support the Katuwang sa Diwa at Gawa para sa Masaganang Ani at Mataas na Kita (KADIWA) sa Pasko 2022 which would enable the public to buy goods at...
The Department of Finance (DOF) is optimistic that the rosy domestic labor market would fuel consumer spending that supports the country’s economic recovery from the prolonged-pandemic. In a statement on Wednesday, Nov. 9, Finance Secretary Benjamin E. Diokno said the latest Labor Force Survey...
The Metro Rail Transit (MRT 3) is not for sale, the Department of Transportation (DOTr) categorically stated Wednesday, November 9. “Railway systems should remain the most affordable and safest mode of mass transit in the country,” Transportation Secretary Jaime J. Bautista stressed. However,...
A total of 611 former rebels received P45.79-million in financial and livelihood assistance through the national government’s Enhanced Comprehensive Local Integration Program (E-CLIP) program since July 2022, the Department of the Interior and Local Government (DILG) said on Wednesday, Nov. 9. In...
The Department of Finance (DOF) wants to further foster the government’s revenue collection from extractive industries, which the Marcos administration believes to be one of the drivers of the country’s long-term economic expansion. At the FORGE PH: Philippine Extractive Industries Transparency...
The country’s unemployment rate fell to 5 percent in September this year, a new record low after the full reopening of the economy since the pandemic. The Philippine Statistics Authority (PSA) reported on Tuesday, Nov. 8, that the local labor market sustained its positive momentum with...
In a bid to support farmers, President Ferdinand "Bongbong" Marcos Jr. met with officials from different government agencies to discuss the plan to import fertilizer for the year 2023. President Ferdinand 'Bongbong' Marcos Jr. meets officials from different government agencies in Malacañang on...
