Philippines’ foreign assets reached $109.082 billion as of end-February, higher than $108.673 billion in January, the Bangko Sentral ng Pilipinas (BSP) reported. The gross international reserves or GIR, which are invested in foreign-issued securities, monetary gold, and foreign exchange, is 11.7...
Photos uploaded by Lanton Elementary School (LES) show students, some in uniform, assisting other pupils in learning their modules at home. The activity is part of the school’s peer-teaching programs dubbed “Kapitbahay ko, Sagot ko” and “Ka-Math bahay ko, Ka-Math turuan ko,” both of which...
With local revenue generation of P4.8 billion in 2019, Parañaque City has been recognized as the sixth richest city in the country by the Department of Finance’s (DOF) Bureau of Local Government. (Screenshot / Facebook / Mayor Edwin L. Olivarez / MANILA BULLETIN) Niño Raymond B. Alvina, Bureau...
The Department of Energy (DOE) is tightening its grip on the power generation companies (GenCos), so they can guarantee sufficient power supply as the Covid-19 vaccination program in the country gains traction. This is a follow-through order from Energy Secretary Alfonso G. Cusi, after his initial...
Summer, as they call it, has come but as the threat of the coronavirus disease remains, would it still be more fun in the Philippines? Yes, according to Department of Tourism Secretary Bernadette Romulo-Puyat. (Tara Yap/Manila Bulletin) "There is no stopping summer. Marami nang tourist destinations...
The Department of Tourism (DOT) expressed its support for the Sustainable Tourism Development Project (STDP) to be launched in Coron and El Nido in Palawan this year which aims to draw more visitors and hasten their tourism recovery. Kayangan Lake in Coron, Palawan (File Photo / MANILA BULLETIN)...
Livestock and poultry raisers expressed relief after the resolute of the long-drawn uncertainty of which agency and standards will regulate the registration and use of veterinary drugs and biologics. Last February 17, the DA issued Memorandum Circular No. 1 s. 2021 that clearly lays down the Bureau...
Secretary Ramon M. Lopez Department of Trade and Industry We should never think small when we talk about micro, small, medium enterprises (MSMEs). The implementation of stricter health lockdowns in the first quarter of 2020 to prevent the spread of COVID-19 had severely affected businesses,...
The Philippines temporarily banned the importation of poultry products coming from the Russian Federation, which was recently hit by the dreaded bird flu or H5N8 Highly Pathogenic Avian Influenza (HPAI). This was contained in Department of Agriculture’s (DA) memorandum order (MO) no. 17, which...
The Department of Agriculture's (DA) Bureau of Fisheries and Aquatic Resources (BFAR) officially lifted the 10th closed fishing season for sardines in the Zamboanga Peninsula. The closed fishing season is being implemented in accordance with Bureau Administrative Circular (BAC) No. 255 as a marine...
The Philippine Coconut Authority (PCA) will request an additional budget from the Department of Budget and Management (DBM) to fulfill some of its deliverables under the Coco Levy Act or Republic Act (RA) 11524, including the task of providing health and medical protection to coconut farmers. In an...
Only representatives from three government agencies – Department of Finance (DOF), Department of Budget and Management (DBM), and Department of Justice (DOJ) – will have the final say on how the Coconut Farmers and Industry Trust Fund (CFITF) will be managed and use. Based on the Republic Act...
