A university-based research group first broached the idea of a “circuit-breaker lockdown” against the Delta variant that is known to be “more transmissible, potentially deadlier, and can spread quickly faster.” The Presidential Adviser for Entrepreneurship, speaking on behalf of the private...
Debt-watcher Moody’s Investors Service is upbeat about the Philippines’ recovery prospects from the pandemic, expecting the economy to outperform most of the sovereigns it rates in terms of average growth up to 2025. In its latest credit analysis report on the Philippines, Moody’s cited its...
Senator Panfilo "Ping" Lacson on Wednesday, July 28, thumbed down an interagency task force's call for the Senate to act on the resolution seeking economic amendments to the Constitution. Senator Panfilo 'Ping' Lacson (Senate of the Philippines) The Interagency Task Force on Federalism and...
The Department of Finance (DOF) said President Duterte has now accomplished eight tenths of his economic reform program that provided income tax cuts for individuals and corporations. In a statement, Finance Secretary Carlos G. Dominguez III said Wednesday, July 28, that 85 percent of the Duterte...
Senator Sonny Angara on Wednesday said the proposed 2022 national budget should provide the necessary items that would pave the way to national recovery from the coronavirus (COVID-19) pandemic. Angara, who chairs the Senate Committee on Finance, said President Duterte’s last budget request...
House Deputy Speaker Rufus Rodriguez said President Duterte's final State of the Nation Address (SONA) is bereft of any details on how the Philippines can move forward after the COVID-19 pandemic. Rodriguez lamented that he didn't hear Duterte elaborate his specific plans on how the nation could...
A good balancing act between maintaining the country’s economic recovery and protecting Filipinos against the dreaded Delta variant of the coronavirus disease (COVID-19). DTI Secretary Ramon Lopez speaks during President Duterte's pre-recorded public briefing on Saturday, July 24, 2021....
Senator Imee Marcos on Friday, July 23, appealed to the Bureau of Internal Revenue (BIR) to exclude manufacturers of personal protective equipment (PPE) and other medical supplies from the imposition of value-added tax (VAT) on local inputs. Trade Secretary Ramon Lopez (center) inspects the face...
The government incurred hefty foregone revenues due to fiscal incentives enjoyed by favored enterprises one year before the landmark congressional approval of the corporate recovery and tax incentives for enterprises (CREATE) law. According to the report submitted by the Department of Finance -...
President Duterte said it was about time that the world thought of having internationally recognized vaccination certificates to restart economies that have reeled from the effects of the coronavirus disease (COVID-19) pandemic. President Duterte delivers his Intervention at the Asia-Pacific...
President Duterte will join fellow Asia Pacific leaders in a virtual summit on Friday to tackle the region's pandemic response as well as measures to boost economic recovery. President Rodrigo Duterte (File photo/Malacañang) "President Rodrigo Roa Duterte will participate in the 2021...
True to its commitment, the Metropolitan Manila Development Authority (MMDA) brought its mobile material recovery facility (MMRF) to Barangays San Isidro and Pio del Pilar in Makati City on Wednesday, July 14 as part of its one-two punch against the solid waste problem in the metropolis. MMDA...
