Vice presidential aspirant and Senate President Vicente Sotto III on Tuesday called on members of the Senate and House of Representatives to expedite the passage into law of the measure that seeks a separate facility for prisoners convicted of heinous crimes. Sotto said Senate Bill No. 1055, or the...
Voting 23-0, the Senate approved on third and final reading House Bill No. 8930, which seeks the creation of the Metropolitan Davao Development Authority (MDDA). Sen. Francis Tolentino, chair of the Senate Committee on Local Government and sponsor of the measure, said the establishment of the MDDA...
Benchmark interest rates declined across the board at Monday's auction as inflation began showing signs of cooling down and investors await the policy tightening by the US Federal Reserve. The rate for the 91-day Treasury bill, which banks use in pricing their loans, dropped to 0.875 percent on...
Opposition Senator Leila de Lima on Thursday called on the House of Representatives to pass the proposed bill that seeks to prevent the expiration of franchises with pending renewal applications. De Lima noted that the Senate has already approved its version of the bill that would amend the law...
Legarda seeks ₱30 B in bridge fund, tax, rent relief for the restaurant industry HELPING THE FOOD INSDUSTRY Deputy Speaker of the House of Representatives of the Philippines Loren Legarda (Philippine News Agency) As parts of the country have been placed under Alert Level 3, where businesses are...
Actor-turned-politician Rep. John Marvin "Yul Servo" Nieto has asked the House of Representatives to join him in calling on the Bangko Sentral ng Pilipinas and government to stop removing the images of the country’s national heroes from Philippine bank notes in active circulation. P1,000 bill new...
The Department of Finance (DOF) is calling for the passage of the Warehouse Receipts Bill to professionalize the industry as well as help the country in attaining food security. In a DOF Economic Bulletin on Sunday, Dec. 26, Finance Undersecretary and Chief Economist Gil S. Beltran said storage,...
Divorce will not be legalized if government is to be headed by Senator Manny Pacquiao. Sen. Manny Pacquiao Bayugan The presidential aspirant made this vow as he called on colleagues in Congress to pursue legislative measures that would further strengthen marriage and unite families. Known for being...
The Senate has approved the bicameral conference committee report on the disagreeing provisions on the measure that seeks to raise the age by which statutory rape is determined by law. The bicameral report on Senate Bill No. 2332 and House Bill No. 7836, which seeks to amend Republic Act No, 7610...
A group of teachers urged the Bangko Sentral ng Pilipinas (BSP) to discontinue its plan to roll out the new design of the P1,000 bill a move that has been drawing criticism from various sectors since it was announced. BSP polymer banknotes The Teachers Dignity Coalition (TDC) expressed opposition...
House Deputy Minority leader and Bayan Muna Rep. Carlos Isagani Zarate on Saturday, Nov. 11 called the attention of the Bangko Sentral ng Pilipinas on “glaring errors” found in the newly-released P1,000 bill. Zarate found the two errors referring to the image of the Philippine eagle as “quite...
Probinsyano Ako Partylist Rep. Jose “Bonito” Singson on Wednesday, Dec. 1 urged Congress leaders to include in their priority list of legislations the bill proposing to put an end to the exportation of raw black sand and its derivatives. F615A34A-3A3A-4640-B6B4-2FD7B5D43C7A Singson aired the...