(MANILA BULLETIN) House Speaker Martin Romualdez has claimed that the proposed economic Charter change (Cha-cha) can impact the country’s growth as early as this year, for as long as it is set "in place". This, as leader of the...
Philippine Navy ship BRP Gregorio del Pilar (PS15) and US Navy ship USS Gabrielle Giffords (LCs 10) sail together in the West Philippine Sea during the third Maritime Cooperative Activity (MCA) on Feb. 9, 2024. (Photo courtesy of Armed Forces of the Philippines) The Philippines will hold a joint...
Four overseas Filipino workers (OFWs) who got injured when a powerful earthquake struck Taiwan received Taiwanese $10,000 as cash assistance, the Manila Economic and Cultural Office (MECO) disclosed on Friday, April 5. One of the recipients of the financial aid was OFW Christine Gumahin, who fell...
Cagayan de Oro 2nd district Rep. Rufus Rodriguez (Rep. Rodriguez's Facebook) “The right decisions are not always popular.” Cagayan de Oro 2nd district Rep. Rufus Rodriguez had this to say as he appealed to the House of Representatives and the Senate to...
Consumers’ perennial woe of oil price hikes will have a crushing comeback at the domestic pumps next week, with cost increases projected to be in the vicinity of P1.00 per liter across products. According to the oil companies, the outcome of four-day trading in the regional market yielded...
While amending the economic provisions in the 1987 Constitution will attract more foreign investments, its impact on the country’s economy won’t be felt immediately, National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan said on Thursday, April 4. NEDA Secretary Arsenio...
The government’s revenue collections will be impacted by the downward revision of the gross domestic product (GDP) but should be offset by improvement in their tax administration, according to National Economic and Development Authority (NEDA) Secretary Arsenio M. Balisacan. During a Malacañang...
Removing the restrictive economic provisions in the Constitution would help alleviate inflation and enhance real wages for Filipino workers, according to a former finance chief. As concerns about workers' compensation and job availability top the list of priorities for Filipinos, former Finance...
Senators on Wednesday, April 3 urged the Manila Economic and Cultural Office (MECO) and the Department of Migrant Workers (DMW) to provide all the necessary assistance to Filipinos affected by the magnitude 7.5 earthquake in Taiwan. Sen. Sherwin Gatchalian said it is imperative for the DMW to...
President Marcos has designated several parcels of land in Pasig City and Cavite as special economic zones. President Ferdinand 'Bongbong' Marcos Jr. (Photo courtesy of PPA/Yummie Dingding) Marcos issued two separate proclamations on April 1 for the establishment of economic zones in the cities of...
Majority of Filipinos are in favor of lifting restrictions on foreign investments and businesses in the Constitution, as this change could result in an increase in high-quality job opportunities, a survey showed. In a recent Pulse Asia survey commissioned by international think tank Stratbase...
No Filipinos were hurt or badly affected when a 7.5 magnitude quake hit Taiwan on Wednesday morning, April 3, the Manila Economic and Cultural Office (MECO) said. MECO chairman and resident representative Silvestro Bello III said they immediately intensified the monitoring and information...
