More than 150,000 overseas Filipino workers (OFWs) are set to benefit from the decision of Taiwan’s immigration authorities to grant multiple visa entry for foreign workers, the Manila Economic and Cultural Office announced on Tuesday, Jan. 16. MECO chairman Silvestre H. Bello III said the...
The Secretary of Finance (SOF) needs to build a strong relationship with the president, make decisions based on what is best for the country, and be skilled at negotiating and working with lawmakers. Former officials from the Department of Finance (DOF) said that having the trust and support of the...
The Marcos economic team said it supports the appointment of former House Deputy Speaker and Batangas Representative Ralph G. Recto as the new finance secretary. In a statement, former Finance Secretary Benjamin E. Diokno expressed confidence in Recto, who was also a former senator and...
Indonesian President Joko Widodo, who is on a three-day official trip to the Philippines, asked President Marcos’ support for the Philippines’ planned purchase of an anti-submarine aircraft that would be deployed in the West Philippine Sea. Indonesian President Joko Widodo and President...
Surigao del Norte 2nd district Rep. Robert Ace Barbers The continued drop in unemployment rate under the Marcos administration should serve as an "impetus" to relax the “restrictive” economic provisions of the 1987 Constitution. Thus, said Surigao...
MECO chair Silvestre Bello III receives from TECO head and Taiwan Representative to the Philippines Wallace Chow 20,000 sacks of donated rice for poor Filipino families and victims of disasters and calamities last week. The turn over was witnessed by MECO and TECO officials. (photo: MECO) ...
Advocates for the Philippine economy on Thursday, Jan. 4, called on the government to remove restrictive economic provisions on full foreign ownership in the Constitution. Foundation for Economic Freedom Inc., a group composed of former finance secretaries and businessmen, said in a statement that...
By BENJAMIN SARONDO The Taipei Economic and Cultural Office in the Philippines (TECO) opened the Taiwan Technical Mission (TTM) Demonstration Farm on December 15 at Barangay Sapang Maragul, Tarlac City. TTM aims to boost the Philippines’ agricultural production, marketing capabilities, and food...
Senator Sherwin Gatchalian on Friday, December 29 urged the government to pursue investments in agriculture even as he welcomes Malacañang’s move to extend reduced tariff rates on imported key agricultural commodities. Gatchalian is referring to Executive Order No. 50 issued by President...
RICE DONATION — Chairman Silvestre H. Bello III of the Manila Economic and Cultural Office (seated, 2nd from left) and Resident Representative to the Philippines Wallace Minn-Gan Chow of the Taiwan Economic and Cultural Office (2nd from right) sign the Deed of Donation and Acceptance recently for...
The extension of tariff rate cuts for key commodities such as pork, corn, and rice will ensure sufficient and affordable food supply next year, the National Economic and Development Authority (NEDA) said. NEDA Secretary Arsenio M. Balisacan said on Thursday, Dec. 28, that there should be different...
President Marcos has ordered government agencies to determine the priority core functions and services that must be devolved to the local government units (LGUs) by the end of February next year. President Ferdinand 'Bongbong' Marcos Jr. (Photo courtesy of Malacañang) Malacañang said on Monday,...
