Senator Raffy Tulfo expressed alarm over the escalating hostilities between Israel and Iran, which are home to thousands of Filipinos. The conflict, which erupted on June 13, began when Israel launched preemptive strikes against Iran targeting its nuclear weapons and ballistic missile programs. In...
The country’s independent tower companies (TOWERCOs) commended the reappointment of Secretary Henry Aguda as head of the Department of Information and Communications Technology (DICT), citing his vision to bridge the country’s digital divide. On Tuesday, June 17, Malacañang confirmed that...
BRUSSELS, Belgium – The energy efficiency playbook of the Philippines is no longer just a local script, but it is a game plan already catching global attention, with the Department of Energy (DOE) flexing to the world the execution of policies that warranted the country’s initial gains on its...
More than ₱50 billion in additional government revenues is expected following the approval of a 10-year extension of the concession agreements of major water service providers by the Economy and Development (ED) Council on Wednesday, June 18. The ED Council, chaired by President Ferdinand Marcos...
Consunji-led Semirara Mining and Power Corp. (SMPC) has filed a case against the Department of Finance (DOF), the Bureau of Internal Revenue (BIR), and the Bureau of Customs (BOC) over the imposition of taxes on its fuel imports. In a disclosure to the Philippine Stock Exchange on Wednesday, June...
The country’s sugar production in the current crop year has surpassed two million metric tons (MT), overcoming previous projections as the industry continues to recover from the impact of the El Niño phenomenon last year. As of June 8, sugar output had already reached 2.015 million MT, with...
The Marcos administration, through the Department of Budget and Management (DBM), has already set its national budget priorities for 2026 based on the government’s medium-term development plan. Given the country’s “limited fiscal space,” new budget proposals will be evaluated based on their...
Department of Trade and Industry (DTI) Secretary Cristina Roque is open to the proposed extension of trade talks with the United States (US), as the government races to lower the reciprocal tariffs the Philippines is set to face on July 9. Roque expressed this sentiment on Wednesday, June 18,...
A framework on crypto-assets will be implemented by the end of Marcos administration to combat cross-border tax evasion and illicit financial flows, according to the Department of Finance (DOF). “We need faster and stronger systems for collaboration if we are to beat tax evasion and illicit...
State-run Bases Conversion and Development Authority (BCDA) has remitted ₱2.04 billion in cash dividends to the Bureau of the Treasury (BTr), equivalent to 80 percent of its net income last year, the Department of Finance (DOF) reported. Apart from this being “the highest amount” the BCDA has...
The Department of Transportation (DOTr) is looking for an additional ₱3 billion in its budget next year to build an additional station in Bacoor, Cavite as part of the Cavite Extension project of the Light Rail Transit Line 1 (LRT-1). Transportation Secretary Vince Dizon said his agency has...
The Department of Trade and Industry (DTI) is set to roll out a ₱1-billion loan program for prospective women entrepreneurs, as part of the agency’s broader effort to diversify income opportunities for micro, small, and medium enterprises (MSMEs). During the media launch of the Section G: Job...
