The country’s recovery is not out of the woods just yet as risks posed by the coronavirus continue to threaten recent gains, the Department of Finance (DOF) said. In its latest economic bulletin on Friday, May 14, the DOF said that the pace of economic contraction in the first three-months of the...
The Duterte administration will revisit its medium-term macroeconomic targets and fiscal program next week following a worse-than-expected economic performance in the first-quarter. In a media advisory released by the Department of Budget and Management (DBM), it said the inter-agency Development...
The Julian Felipe Reef in the West Philippine Sea is part of the country’s territory, a maritime law expert said on Wednesday, May 12, debunking Presidential spokesman Harry Roque’s claims that it is not part of the country’s Exclusive Economic Zone (EEZ). Professor Jay Batongbacal, director...
The Philippines has claims over Julian Felipe Reef but has never been in possession of the area where hundreds of Chinese vessels were spotted last March, according of a Palace official. Chinese vessels have been spotted at the Julian Felipe Reef located within the Philippines' exclusive economic...
Senator Risa Hontiveros on Tuesday, May 11 urged the Department of Foreign Affairs (DFA) to lead discussions with the Association of Southeast Asian Nations (ASEAN) regarding the prolonged presence of Chinese vessels in the West Philippine Sea. Hontiveros said the DFA should start actively reaching...
More people, including economic frontliners, can be vaccinated after the Department of Health (DOH) agreed to resume the use of coronavirus vaccines developed by AstraZeneca for all age groups, according to Presidential Adviser for Entrepreneurship Joey Concepcion. A health worker gives a...
After weeks of disagreement on pork imports, the Senate and the President’s economic team, led by Finance Secretary Carlos Dominguez III, decided to lower the import tariff cut proposed under Executive Order (EO) 128 and adjust the volume of pork imports allowed to enter the Philippines under...
At a job summit convened by the task group of the National Economic Recovery Strategy held last Labor Day, the country’s top economic managers rallied business, industry and civil society leaders in adopting a whole-of-society approach to economic recovery. Socio-Economic Planning Secretary Karl...
The government is determined to prevent the loss of another territory after coast guard authorities drove away Chinese vessels from Sabina Shoal in the West Philippine Sea, Malacañang declared Wednesday. (Photo: Philippine Coast Guard) Presidential spokesman Harry Roque lauded the latest coast...
The Philippine Economic Zone Authority (PEZA) is pushing for the inclusion of economic frontline workers among the A4 priority group in the government's mass vaccination program against the coronavirus disease (COVID-19). (Mark Balmores/ File Photo/ MANILA BULLETIN) “PEZA-registered companies,...
The pandemic-hit country inched closer to return to normalcy with plans to administer the coronavirus vaccines to workers in the private sector, according to Presidential Adviser for Entrepreneurship Joey Concepcion. Residents line up for coronavirus vaccination at a hub in Taguig City on April 29,...
Filipinos should embrace the opportunity to get vaccinated against coronavirus disease (COVID-19) to help save lives and livelihoods, according to Presidential Adviser for Entrepreneurship Joey Concepcion. A man receives a coronavirus vaccine shot from a health worker in Taguig City on April 29,...