President Marcos’ economic team downgraded its growth targets and raised its inflation forecasts for the year due to heightened domestic governance issues, geopolitical tensions in the Middle East, and the looming El Niño phenomenon threaten to disrupt the country’s economic momentum. The...
Think tank Capital Economics expects the Philippine economy to grow below the government’s downgraded targets over the next three years, warning that the country’s recovery would likely remain sluggish as weak confidence, tight fiscal policy, and the lingering impact of recent shocks weigh on...
Saying that education is "the best investment", House Speaker Isabela 6th district Rep. Faustino “Bojie” Dy III has hailed the Bicameral Conference Committee 's approval of the proposed private basic education voucher program. Dy says the development brings the government a step closer to...
Senator Raffy Tulfo has vowed to fast-track the passage of the long-pending National Land Use Act (NLUA) in the Senate, aiming to finally turn the measure into law. Tulfo is the newly-appointed Chairperson of the Senate Committee on Environment, Natural Resources, and Climate Change. It was...
President Marcos’ economic managers are poised to lower the country 's economic growth targets as the lingering effects of state underspending, an infrastructure corruption scandal, and external inflationary pressures weigh down the near-term outlook. In an interview on TV5’s Money Talks,...
Senator Alan Peter Cayetano 's bloc has seemingly abandoned the 18 ex-bodyguards who have been creating noise as bagmen under the flood control projects corruption scandal. Thus, said Manila 6th district Rep. Bienvenido "Benny" Abante in a statement Thursday, June 18, two days after the...
The Philippines has secured a seat on the United Nations Educational, Scientific, and Cultural Organization (UNESCO) Intergovernmental Committee for the Safeguarding of the Intangible Cultural Heritage (IGC-ICH), a development hailed as a major international recognition of the country 's rich...
House Majority Leader Ilocos Norte 1st district Rep. Sandro Marcos candidly identified himself as belonging to a "political dynasty" on Wednesday, June 17, even as he led the push for the enactment of an anti-political dynasty bill. In a chance interview with reporters, Rep. Marcos acknowledged the...
Senator Panfilo “Ping” Lacson on Wednesday, June 17 announced he is voluntarily relinquishing the chairmanship of the Senate Blue Ribbon Committee, one of the most powerful panels in the Upper Chamber. Lacson made the manifestation hours after the Senate majority formally elected Sen....
A so-called “Blue Ribbon Committee hearing,” announced only by former Congressman Mike Defensor, proceeded on Monday, June 16, even as no senator appeared to be present. No senator from the bloc of Senator Alan Peter Cayetano was present during the purported hearing. Senator Pia Cayetano, the...
Acting Senate President and Senate President Pro Tempore Sherwin Gatchalian warned on Monday, June 15 that any hearing or investigation to be conducted outside of the domain of the duly constituted Senate Blue Ribbon Committee will not carry any legal weight or institutional authority. Gatchalian...
The Senate Committee on Accountability of Public Officers and Investigations or the Senate Blue Ribbon Committee said on Tuesday, June 16, that no hearing has been scheduled for June 16. In a statement signed by its chairman, Senator Erwin Tulfo, the panel clarified that the recent announcements...
