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MANILA, Philippines — Former senators Kiko Pangilinan and Bam Aquino, along with human rights lawyer Chel Diokno, are the initial 2025 senatorial bets of Liberal Party (LP). LP spokesperson Leila de Lima announced on Thursday. De Lima,…
Higher subscription fees are coming soon for Netflix and Spotify accounts as well as other online transactions once they’re slapped with value-added tax (VAT), but President Ferdinand Marcos Jr.’s chief economic manager remains cold to many other…
The Bangko Sentral ng Pilipinas (BSP) has been criticized—wrongly, I think—for being “dovish,” “behind the curve,” or not acting fast enough in response to speeding inflation and exchange rate movements. It seems to me that economists (as…
MANILA, Philippines — The central bank will likely keep its key interest rate unchanged when its Monetary Board convenes on Thursday with the regulator finding itself lodged between the opposing demands of fighting rising inflation and restarting the…
MANILA, Philippines — Price pressures on basic goods and services will likely remain muted over the near term, according to the central bank, as it welcomed the lower-than-expected August inflation rate which came in below the monetary…
MANILA, Philippines — The country’s rural and cooperative banks remain stable and are in a strong position to support the financing needs of micro, small, and medium enterprises as well as large firms in rural communities affected…
The Philippines can end up a major winner in the postpandemic environment if public and private sector policymakers can undertake a unified effort to attract firms that are moving production facilities out of China as a result…
CEBU CITY, Philippines — Otso Diretso senatorial candidates are counting on Cebuanos’ votes to gain seats in the Senate this coming May 2019 midterm elections. Magdalo Representative Gary Alejano, one of the Otso Diretso candidates, in his…
CONSTRUCTION of more roads, health facilities, school buildings as well as local projects in Mindanao nearly doubled the national government’s infrastructure expenditures in October to P94.4 billion, Budget Secretary Benjamin Diokno said on Wednesday. The latest Department…
MANILA, Philippines — The House of Representatives adopted Wednesday a resolution urging President Rodrigo Duterte to “reconsider the appointment” of Budget Chief Benjamin Diokno. Minority Leader Danilo Suarez filed House Resolution No. 2365 today and it was…
Employees of qualified government agencies will receive another cash incentive not exceeding P25,000 next month through the Collective Negotiation Agreement (CNA), Budget Secretary Benjamin Diokno announced Wednesday. The CNA incentive covers both management and rank-and-file employees of…
Senate Minority Leader Franklin Drilon on Monday asked President Rodrigo Duterte to bring up the apparent delays in the release of Chinese loans and investment pledges during Chinese President Xi Jinping’s visit this week. “I hope the…
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