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Cabinet wants NFA stripped of regulatory functions

THE National Economic and Development Authority (Neda) confirmed that the Economic Development Cluster (EDC) wants to strip the National Food Authority (NFA) of all...

Gov. Espenilla extending medical leave to Oct. 26 for cancer treatment–BSP

THE Bangko Sentral ng Pilipinas on Wednesday announced that BSP Governor Nestor A. Espenilla Jr. is extending his leave again for this month, this...

‘Trabaho’ bill hangs till jobs data finished; TRAIN review set

UNTIL the study on its labor impact is completed, all discussions about the next-round reforms in the comprehensive tax package, as embodied in the...

DOF explains gyrations in world crude oil prices

UNCERTAINTIES in the global economy arising from the trade war between the United States and China, among others, have led to the volatility in...

PHL bans birds, game fowl from California

To protect the local poultry sector, the Philippines has closed its borders to domestic and wild birds, including game fowl, coming from California, following...

Aid to jobless under S.S.S. Act ‘not enough’

THE proposed cash aid for jobless private-sector workers under the pending bill amending the Social Security Act of 2018 falls short of being considered...

PNOC-EC Board okays plan to import ‘cheaper’ diesel fuel

The Philippine National Oil Co.-Exploration Corp. (PNOC-EC) Board has approved a plan on Wednesday to import lower-priced diesel fuel, primarily for the public- utility...

DOF: ‘Trabaho’ bill to spawn 1.4 million jobs from 2021 to...

The Department of Finance (DOF) expects the creation of around 1.4 million jobs between 2021 and 2029, when the corporate income tax (CIT) will...

East Asia and Pacific, including PHL, among best performers in shared prosperity–WB

THE East Asia and Pacific region, which includes the Philippines, was one of the best performers in shared prosperity, according to the World Bank. In...

House bloc to Senate: Consider plight of Northern Luzon tobacco growers

The Northern Luzon Alliance (NLA) is urging the Senate to consider the economic plight of tobacco farmers, amid rising tobacco excise taxes that is...

Dengvaxia libel case: Ubial, DOH execs win this round against Garin

The Department of Justice (DOJ) on Wednesday junked the libel complaints filed by former  Health Secretary Janette L. Garin and his husband Iloilo Rep. Oscar...

‘Assassin’ bungles attempt to shoot CamSur lawmaker

The police claimed it has arrested a suspect who allegedly made an attempt on the life of House Majority Floor Leader Rolando G. Andaya...

Much needs to be done in Boracay to ensure sustainability–Cimatu

Environment Secretary Roy A. Cimatu admitted last Thursday that there is much to be done to ensure the sustainability of the world-famous Boracay Island. This,...

Northern Mindanao wage board okays P27 to P35 pay hike effective...

Minimum-wage earners in Northern Mindanao will finally get another round of wage increase next month. The National Wages and Productivity Commission (NWPC) reported the Regional Tripartite...

‘Swindlers’ prey on Panelo’s FB account

Presidential Spokesperson and Chief Presidential Legal Counsel Salvador S. Panelo on Tuesday warned the public against swindlers who use his Facebook account asking for...

TRAIN law’s second package won’t lower inflation, labor groups say

Labor groups on Wednesday said that President Duterte’s order to defer the collection of the second tranche of oil excise taxes under the Tax Reform...

Comelec ends COC filing with fewer aspiring lawmakers

Fewer people aspire to become lawmakers for the 18th Congress. The Commission on Election (Comelec) ended yesterday its registration of candidates with only 152 people...

‘Noche Buena’ fare could be hit by price hikes of P55

EXPECT price hikes of up to P55 in Noche Buena products this year, as the accelerating inflation could have taken a toll on Christmas...

‘Dangerous convergence’ of adverse developments could spark recession

THE Philippines has called on the World Bank Group (WBG) and the International Monetary Fund (IMF) to spearhead discussions on the “dangerous convergence” of...

Inflation to peak in Q4, rate hike still an option

THE country’s inflation rate is expected to peak during the fourth quarter of this year, revising the earlier pronouncement of the government that inflation...
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