The Department of Agriculture (DA) plans to release the country’s new policy on the minimum access volume (MAV) on imported pork before the end of the year, revising the nearly three-decade-old rule allegedly exploited by a handful of traders. Agriculture Secretary Francisco Tiu Laurel said his...
The Department of Finance (DOF) announced the immediate and temporary suspension of all field tax audits and related operations, citing widespread taxpayer concerns over “potential abuse” and irregularities in the issuance of audit documents. In a statement on Monday, Nov. 24, Finance Secretary...
The combined damage to the Philippines’ agriculture sector from Typhoons “Tino” and “Uwan” has surpassed ₱5 billion, the Department of Agriculture (DA) reported Monday, Nov. 24. In its latest bulletin, the DA pegged total losses from the two storms at ₱5.16 billion, impacting more...
Spending on hard infrastructure fell by almost a third in the third quarter, simultaneously missing the government’s target to ramp up disbursements for the period, as public spending faced tighter scrutiny in the aftermath of the flood-control scandal. Data from the Department of Budget and...
The Department of Energy (DOE) said the agency is ramping up efforts to draft more agreements as private-sector interest in nuclear power surges. In an interview, Energy Secretary Sharon Garin said that several companies are awaiting government guidance to pursue nuclear exploration before they can...
The late Juan Ponce Enrile, former defense minister, Senate President, and Chief Presidential Legal Counsel, was laid to rest at the Libingan ng Mga Bayani in Taguig City on Saturday, Nov. 22. Department of National Defense (DND) Secretary Gilberto Teodoro Jr. joined Enrile’s daughter and son,...
The government is now scrambling to pay up to ₱4 billion in outstanding obligations to Light Rail Manila Corp. (LRMC) in hopes of maintaining the confidence of the Pangilinan-led Metro Pacific group in Light Rail Transit Line 1 (LRT-1). Acting Transportation Secretary Giovanni Lopez said the...
Following the destructive typhoons that hit the Philippines, the national government is gearing up to tap half a billion dollars in climate funding from the Washington-based World Bank. According to the Department of Finance’s (DOF) Facebook post on Thursday, Nov. 20, the national government is...
Senator Joseph Victor "JV" Ejercito has urged the Department of Migrant Workers (DMW) to improve and build more temporary shelters for distressed workers abroad and to expand mental health interventions as the Senate continues its budget deliberations. He made this call as he pushed for stronger...
Department of Education (DepEd) Secretary Sonny Angara on Wednesday, November 19, brushed off calls for his resignation amid allegations linking him to an alleged flood control controversy, saying the claims circulating so far are baseless and unsupported by facts. In an ambush interview at the...
President Marcos administered the oath of office of new Executive Secretary Ralph Recto and new Department of Finance (DOF) Secretary Frederick Go, formalizing key changes in his economic and administrative team. The two officials took their oaths at the Study Room in Malacañan on Wednesday, Nov....
HONG KONG — Metro Pacific Investments Corp. (MPIC) may hold off on its planned divestment from Light Rail Manila Corp. (LRMC) after the government immediately opened talks to address its obligations to the company. LRMC President and Chief Executive Officer Enrico Benipayo told MPIC Chairman...
