Department of Trade and Industry (DTI) Secretary Alfredo Pascual has stepped down from his Cabinet post, Malacañang announced on Wednesday, July 31. Outgoing Trade Secretary Alfredo Pascual (File photo) In a statement, the Presidential Communications Office (PCO) said Pascual has decided to return...
Finance Secretary Ralph G. Recto called on the life insurance industry to redefine how people perceive life insurance, noting that it is not mere expenses but protection for a better future for Filipino families. “It is not a mere transaction but a selfless act of love that they can bestow upon...
A total of 22 senators signed a resolution expressing the sense of the Senate to temporarily suspend the implementation of the Public Transport Modernization Program (PTMP), formerly known as the PUV Modernization Program. Those who authored Senate Resolution (SR) No. 1096 dated July 30,...
The national government is planning to issue $500 million of Japanese yen-denominated bonds, as well as US dollar and euro-denominated bonds this year, to raise an additional $3 billion for its 2024 borrowing program. Finance Secretary Ralph Recto said the government will begin issuing the bonds in...
The vaccine for the African Swine Fever (ASF) will be available by third quarter of this year, the Department of Agriculture (DA) said as the national government vowed to initiate measures to prevent the spread of the contagious viral disease affecting the pig farming industry. DA Secretary...
The newly collected data from the completed seismic surveys of Israeli firm Ratio Petroleum and state-run Philippine National Oil Company-Exploration Corporation (PNOC-EC) will enable a comprehensive assessment of the actual reserves’ potential for oil and gas at their service contracts in the...
MT Terranova sinks off Limay, Bataan on July 25, 2024 while carrying 1.4 million liters of industrial fuel oil. (Photo from Philippine Coast Guard) The Department of Health (DOH) warned about the serious health risks from an oil spill, urging the public to take immediate precautions and implement...
BEYOND BUDGET Assalamu alaikum wa Raḥmatullahi wa Barakatuh. Last July 22, I was privileged to witness President Ferdinand R. Marcos Jr. (PBBM) deliver his third State of the Nation Address (SONA), which underscores the administration’s achievements over the past years and its plans for a...
The Senate on Tuesday, July 30, adopted a resolution commending former senator and now Education Secretary Juan Edgardo “Sonny” Angara. Senate President Francis “Chiz” Escudero led the Upper Chamber in hailing Angara’s appointment as the new chief of the Department of Education...
Department of Education (DepEd) Secretary Juan Edgardo “Sonny” Angara (Angara’s Facebook page) Bagong Henerasyon (BH) Party-list Rep. Bernadette Herrera is urging her colleagues in the House of Representatives to rally behind Department of...
The P200 billion to be remitted by the national government from government-owned and controlled corporations will fund the salary increases of government employees and infrastructure programs. In his opening speech for the Senate Committee on Health and Demography, Department of Finance (DOF)...
The Department of Energy (DOE) is scheduling fresh round of green energy auction (GEA) by the fourth quarter this year to cover the unsubscribed capacity in the last competitive bidding - and the distinctive feature of the forthcoming tender will be on packaging it as integrated renewable energy...
