MANILA – The chairman of the House Ways and Means Committee on Thursday urged President Rodrigo Duterte to reconsider his decision to temporarily reduce import duties on pork as the government stands to lose PHP1.9 billion in revenues, which could be used to develop the …Read More
GENERAL SANTOS CITY – The city council here is pushing for the creation of a special unit that will regularly evaluate the performance of construction companies in various infrastructure projects in the area.
The move was based on an ordinance passed by the council on …Read More
MANILA – The Philippines ‘ total external trade in goods grew at an annual rate of 0.6 percent, or about USD12.191 billion, in February 2021.
Of the total external trade in February 2021, 58.9 percent were imported goods, while the rest were exported goods, data …Read More
COTABATO CITY – A total of 177 former members of the Bangsamoro Islamic Freedom Fighters (BIFF) who earlier surrendered to the Army in Maguindanao have received livelihood aid from the provincial government.
Maguindanao Gov. Bai Mariam Sangki-Mangudadatu and Big Gen. Jose Narciso, 6th Infantry Division …Read More
PULILAN, Bulacan – At least 454 residents of Barangay Sta. Peregrina in this town on Thursday received cash assistance, the first beneficiaries in this province of the financial aid issued by the Department of Budget and Management (DBM) to those individuals affected by the enhanced …Read More
BACOLOD CITY – Some 14 former members of the Communist Party of the Philippines-New People’s Army (CPP-NPA) in Negros Occidental were given financial assistance totaling PHP754,000 under the government’s Enhanced Comprehensive Local Integration Program (E-CLIP).
The recipients, who are residents of the cities of Kabankalan …Read More
CAMP DANGWA, LA TRINIDAD, Benguet – Policemen in the Cordillera Administrative Region (CAR) have seized and destroyed some PHP21.97 million worth of illegal drugs as well as the arrest of 24 persons engaged in the illegal trade in March this year.
Capt. Marnie Abellanida, information …Read More
MANILA – The Philippine Association of Meat Processors Inc. (PAMPI) on Thursday welcomed President Rodrigo Duterte’s decision to reduce import duties of pork for the next 12 months.
“We welcome the decision of the President to temporarily reduce import duties of pork imports. We consider …Read More
MANILA – The Department of Labor and Employment (DOLE) on Thursday has directed regional offices (ROs) with available funds of Covid-19 Adjustment Measures Program (CAMP) under the Bayanihan to Recover as One Act (Bayanihan 2) to help those offices that have depleted funds.
In Labor …Read More
MANILA – The Civil Service Commission (CSC) has come out with rules and procedures for the availment of maternity leave, paternity leave, adoption leave, and other leave privileges for civil servants.
CSC Resolution No. 2100020 amended the Omnibus Rules on Leave (CSC Memorandum Circular No. …Read More
MANILA – The mariners aboard a tanker and merchant ship that collided Wednesday off the coast of Cavite are “in good condition” while no oil leaks have so far been detected Wednesday, the Philippine Coast Guard (PCG) said.
Based on its report Thursday, the PCG …Read More
MANILA – The fish unloaded in the Navotas Fish Port Complex (NFPC) for the first quarter of the year reached a high of 46,436.77 metric tons (MT), the Philippine Fisheries Development Authority (PFDA) said on Thursday.
The NFPC caters to retailers in the National Capital …Read More
MANILA – The Food and Drug Administration (FDA) has granted a compassionate special permit for the use of the anti-parasitic drug Ivermectin, an official said Thursday.
“Sa pagkakaalam ko po, may isang ospital samin na nag-apply ng compassionate special permit for the use of Ivermectin …Read More
GENERAL SANTOS CITY – The Bureau of Internal Revenue (BIR) in Region 12 (Soccsksargen) has tapped local government units (LGUs) to encourage more taxpayers to file their income tax returns (ITR) before the deadline on April 15.
Jose Eric Furia, director of BIR Revenue Region …Read More
MANILA – The Department of Energy (DOE) said Thursday it signed a memorandum of understanding with Tokyo-based Hydrogen Technology Inc. (HTI) to explore the potential of hydrogen as an energy source for the Philippines in the future.
DOE Secretary Alfonso Cusi and HTI president and …Read More
CITY OF SAN FERNANDO, Pampanga – The Bureau of Fisheries and Aquatic Resources (BFAR) regional office here on Wednesday distributed some PHP1 million worth of aquaculture equipment and materials to fisherfolk in Aurora towns.
BFAR-3 Regional Director Wilfredo Cruz on Thursday said the move aims …Read More
MANILA – The administration of President Rodrigo Duterte has infused a combined PHP53.3 billion in cash into the Land Bank of the Philippines (Landbank) and the Development Bank of the Philippines (DBP) — the country’s two main government financial institutions (GFIs) — over a five-year …Read More
MANILA – The Philippine National Police – Highway Patrol Group (PNP-HPG) on Thursday said it is has intensified anti-colorum operations to go after those involved in the illegal transport of people to and from the ‘National Capital Region (NCR) Plus’ area.
PNP-HPG chief, Brig. Gen. …Read More
MANILA – Food and Drug Administration Director General Eric Domingo on Thursday clarified that the distribution of anti-parasitic Ivermectin remains illegal even though the medicine was granted a compassionate special permit.
In a radio interview, Domingo noted that the hospital which applied for and was …Read More
ILOILO CITY – The Regional Task Force to End Local Communist Armed Conflict (RTF-ELCAC) in Western Visayas on Thursday called on all public officials and employees in government to support the all-out war against communist terrorist groups (CTGs) and their legal fronts.
Associate Provincial Prosecutor …Read More
MANILA – The United States government has called on China to abide by the 2016 arbitral tribunal award, as it reiterated its “strong support” for the Philippines amid the presence of Chinese vessels at the Julian Felipe Reef — part of the country’s exclusive economic …Read More
MANILA – The Bureau of Customs (BOC) has earned close to PHP140 million in revenues from the disposal of nearly 600 overstaying cargoes nationwide for the first quarter of 2021.
According to the latest data released on Wednesday, the bureau’s Assessment and Operations Coordinating Group …Read More
MANILA – As the price ceiling on pork and chicken will end Thursday, Department of Agriculture (DA) Secretary William Dar said a suggested retail price (SRP) on imported pork will take effect on April 9.
In a virtual press briefing Wednesday, Dar said this measure …Read More
MANILA – The Department of Labor and Employment (DOLE) on Wednesday said it has allocated PHP204 million for the hiring of informal sector workers as contact tracers in the National Capital Region (NCR) Plus area.
Lawyer Ma. Karina Trayvilla, director of the DOLE’s Bureau of …Read More
MANILA – Prices of vegetables have dropped significantly while prices of non-agricultural products remain stable, chiefs of the Department of Agriculture (DA) and the Department of Trade and Industry (DTI) said.
“Our (vegetable) prices are significantly lower at an average of 50 percent, much lower …Read More
MANILA – The country’s economic team is still looking for a potential source of funds to finance the proposed Bayanihan to Arise As One Act or the Bayanihan 3, Senator Christopher Lawrence Go said on Wednesday.
In an interview with dzRH, Go said Budget Secretary …Read More
MANILA – About 800,000 families in Quezon City will benefit from the financial assistance given by the national government to those affected by the enhanced community quarantine in the ‘National Capital Region (NCR) Plus’ area.
Mayor Joy Belmonte said Wednesday the national government has allocated …Read More
CEBU CITY – Cebu Landmasters Inc. (CLI) is earmarking PHP12 billion in capital expenditure this year to expand its landbank and complete ongoing projects across the Visayas and Mindanao (VisMin) regions.
During the company’s investors’ briefing on Wednesday, chief operating officer Jose Franco Soberano said …Read More
MANILA – President Rodrigo Duterte on Wednesday issued an executive order (EO) temporarily modifying the rates of import duty on pork products to address the impact of the African swine fever (ASF) on the country’s hog industry.
Under EO 128, Duterte stressed the need to …Read More
MANILA – The Philippine government is considering the use of the International Air Transport Association’s (IATA) travel pass as part of the country’s preparations for the resumption of international travel amid the pandemic, the Department of Tourism (DOT) said Wednesday.
“This move is parallel with …Read More
MANILA – Village officials and workers are qualified to receive financial assistance under the national government’s emergency assistance program for those affected by the enhanced community quarantine (ECQ), an official said Wednesday.
Village officials, barangay health workers, village watchmen, councilors, and other barangay utility workers …Read More
MANILA – More collaboration with industries is needed to ensure that the Technical Education and Skills Development Authority (TESDA) graduates will meet actual requirements and demands, TESDA Secretary Isidro Lapeña said.
“These partnerships will also help facilitate possible employment of our graduates since our private …Read More
MANILA – The leading development agencies of the United States and South Korea on Wednesday signed a memorandum of understanding (MOU) to advance development cooperation in the Philippines.
Through this MOU, the US Agency for International Development (USAID) and the Korea International Cooperation Agency (KOICA) …Read More
MANILA – San Miguel Corporation (SMC), through packaging subsidiary San Miguel Yamamura Packaging Corp. (SMYPC), is looking to train underprivileged youth for technical jobs to provide them access to economic opportunities and help improve overall competencies in the country’s manufacturing sector.
SMC president and chief …Read More
Shakey’s Pizza Asia Ventures Inc., the Philippines’ leading chained full-service restaurant, saw bottomline revert to positive territory posting net income of PHP215 million for the last three months of the year following the losses posted for most of 2020.
The improvement in both profit and …Read More
The local stock barometer closed on a positive note Monday, benefiting the local currency.
The Philippine Stock Exchange index (PSEi) inched up by 0.81 percent, or 52.06 points, to 6,495.15 points.
All Shares increased by 0.59 percent, or 23.17 points, to 3,947.46 points.
Most of …Read More
Mayor Sara Z. Duterte dismissed Monday the claim of leftist Bagong Alyansang Makabayan–Southern Mindanao Region (Bayan-SMR) that the National Task Force to End Local Communist Armed Conflict (NTF-ELCAC) budget was a “waste of people’s money” amid the coronavirus disease 2019 (Covid-19) pandemic.
“I refuse to …Read More
The Philippine government’s improved debt guidelines have resulted in the drop of the country’s external debt ratios compared to around two decades ago, the Department of Finance (DOF) said.
In an economic bulletin, the DOF said the proportion of the country’s foreign debt to gross …Read More
More than PHP200,000 worth of shabu were confiscated by the police as two suspects, including a woman, were arrested in successive anti-drug operations here Sunday afternoon.
Lt. Col. Alexie Desamito, head of the Nueva Ecija police’s drug enforcement unit, on Monday identified the arrested individuals …Read More
The Philippine Council for Industry, Energy and Emerging Technology Research and Development (PCIEERD) is allocating PHP2.78 million to explore protein-rich foods that can be developed from local food processing wastes and underutilized legumes, an executive said on Monday.
The project, led by Lourdes Montevirgen of …Read More
Anti-Red Tape Authority (ARTA) director general Jeremiah Belgica expects higher scores for the country in the upcoming 2021 Ease of Doing Business (EODB) report of the World Bank.
In a statement Monday, Belgica said efforts to streamline through digitizing processes and fast-tracking government processes will …Read More
Growth of money being sent home by overseas Filipino workers (OFWs) and improvement of external demand are expected to boost the domestic economy’s recovery this year.
However, Fitch Solutions Country Risks and Industry Research reduced its growth projection for the country this year from 7.6 …Read More
The Securities and Exchange Commission (SEC) has extended the deadline for the submission of the general information sheet (GIS) to allow corporations to cope with the new rounds of enhanced community quarantine (ECQ) and the transition to an online submission system.
In a notice issued …Read More
The rates of treasury bills (T-bills) mostly rose Monday but demand remained high.
National Treasurer Rosalia de Leon attributed the strong buying interest to risk aversion.
The average rate of the 91-day paper increased to 1.295 percent and the 182-day T-bill’s to 1.646 percent but …Read More
-Motorcycle-riding assailants killed a councilor in the Mabahuay town of Zamboanga Sibugay and wounded his driver in a drive-by shooting Monday afternoon, police said.
Brig. Gen. Ronaldo Genaro Ylagan, Police Regional Office-9 (PRO-9) director, said he ordered an investigation into the killing of Mabuhay Councilor …Read More
The Department of Labor and Employment (DOLE) on Monday said 12,000 contact tracers will be hired in areas under the enhanced community quarantine (ECQ).
Rolly Francia, director of the DOLE-Information and Publication Service (IPS), said 5,000 contact tracers will be hired in the NCR while …Read More
Converge Information and Communications Technology Solutions Inc. has marked a major milestone in its expansion in the Visayas region after the telecommunications company’s fiber cables reached the shores of Cebu.
“What was once a dream to connect the whole nation with our fiber backbone is …Read More
The Department of Labor and Employment (DOLE) awarded on Monday at least PHP2.16 million grants to the Leyte provincial government for emergency employment of 445 workers in three towns of the province.
Identified beneficiaries in the towns of Alangalang and Tolosa will be engaged in …Read More
Oil prices are going up again starting Tuesday.
In separate advisories Monday, Caltex, Cleanfuel, Petro Gazz, PTT Philippines, Seaoil, Shell, Total, and Unioil will increase gasoline prices by PHP0.65 per liter.
Except for Cleanfuel, diesel prices of these companies will also rise by PHP0.05 per …Read More
Albay Rep. Joel Salceda, House ways and means committee chairman, on Monday said he is working with the Department of Trade and Industry (DTI) to craft the Strategic Investment Priorities Plan (SIPP), which is a list of priority industries that will qualify for incentives under …Read More