The Philippine economy will receive a boost from increased foreign investments as a result of the newly-amended 1936 Public Service Act (PSA). House Committee on Economic Affairs Chairperson AAMBIS-OWA Party-list Rep. Sharon Garin made this assurance as she noted that the law now allows up to 100...
The Department of Finance (DOF) said the recently approved amendments to retail trade liberalization law along with other economic loosening initiatives will support the continued recovery of trade and economic activity in the country. Finance Undersecretary Gil S. Beltran said the nearly a quarter...
The government's pandemic task force has updated the arrival protocols initially set for foreigners who want to enter the Philippines for business and tourism purposes starting February 10, 2022. The Ninoy Aquino International Airport, the country’s main gateway. (Photo from PNA) Based on...
Environmental groups EcoWaste Coalition (EWC) and Greenpeace Southeast Asia-Philippines (Greenpeace) have urged President Duterte to rush the government's ratification of the Basel Convention Ban Amendment which seeks to prohibit foreign waste dumping in the country. (Photo from EcoWaste Coalition)...
Department of Tourism (DOT) Secretary Bernadette Romulo-Puyat has assured to closely monitor the compliance of tourism establishments with health and safety protocol as the agency is gearing up for the country's reopening to foreign leisure travelers next week. PIXABAY / MANILA BULLETIN "We...
NEDA cites 3 crucial economic measures By Chino S. Leyco The National Economic and Development Authority (NEDA) has identified three economic liberalization measures that are crucial in accelerating economic growth this year and beyond. In a statement, Socioeconomic Planning Secretary Karl Kendrick...
Taiwan Excellence: Sharing is Caring, a global philanthropic campaign launched by Taiwan’s Bureau of Foreign Trade (BOFT), Ministry of Economic Affairs that seeks to address environmental and social problems through the use of Taiwan Excellence-winning products, announced the top three winning...
Top diplomats look beyond COVID-19 and the challenge of rebuilding LADIES AND GENTLEMEN, DIPLOMATS From left: Huang Xi Lian, ambassador of China; Anke Reiffenstuel, ambassador of Germany; Teodoro Locsin, Secretary of Foreign Affairs; Steven Robinson, ambassador of Australia; and Michele Boccoz,...
"Enough already." Foreign Affairs Secretary Teodoro Locsin Jr. seems to have had enough of the desperation and unhappiness caused by the coronavirus (COVID-19) pandemic as the government changes policy to suit the changing circumstances caused by the crisis. Foreign Affairs Secretary Teodoro Locsin...
The Philippines will start accepting fully-vaccinated foreign leisure travelers from visa-free countries beginning Feb. 10, Department of Tourism (DOT) Secretary Bernadette Romulo-Puyat said. (Photo from Unsplash) Puyat made the announcement on Friday, Jan. 28, after the Inter-Agency Task Force...
The government's pandemic task force has decided to allow the entry to the Philippines of fully vaccinated travelers coming from non-visa-required countries starting February 10, Malacañang announced. PIXABAY / MANILA BULLETIN In his press briefing on Friday, January 28, Cabinet Secretary Karlo...
FIRB identifies 3 barriers to foreign investments By Chino S. Leyco The prolonged pandemic, high costs of doing business, and foreign equity restrictions in the Philippines are the main barriers to foreign investments in the country, the Fiscal Incentives Review Board (FIRB) said on Wednesday, Jan....