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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...

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...

Executive action seen to halt higher oil tax

MALACAÑANG is moving to preempt a proposed Joint Resolution of Congress seeking the suspension of excise taxes on fuel products—with some lawmakers pushing for a...

Oil prices, inflation force government to slash 2018 growth outlook

THE trade blows being exchanged by the United States and China, high oil prices and slow farm growth which hastened inflation, prompted the Philippine...

Boracay Island: A tale of EOs, LOIs, presidential decrees

THE Duterte administration is eyeing the management of Boracay Island by the Department of Tourism (DOT), absent any law creating a separate development authority. Tourism...

PHL jumps 12 rungs up Global Competitiveness Index of 140 economies

MANILA has jumped 12 notches in the Global Competitiveness Index 4.0 to 56th among 140 economies on the backbone of a strong labor market...

Remittances shrink anew, 8-month total just $19.1 billion

MONEY sent by Filipino migrant workers contracted anew in August this year, reversing the growth gains seen in the previous month. The Bangko Sentral ng...

Disasters cost PHL P389 billion; recovery at P560 billion

THE Philippines incurred damage of at least P388.74 billion from disasters between 2011 and 2018, according to data presented by the National Economic and...

Now, Piñol warns of rice glut as imports to arrive at...

AGRICULTURE Secretary Emmanuel F. Piñol said on Monday that the country may have to grapple with an oversupply of rice, as the schedule of...

‘Kid-glove handling of smugglers, cartels impaired tax reform’

DEFECTS in the provisions and enforcement of the tax reform of the government have left people vulnerable to the rising cost of living, according to...

In DFA transition, ‘friends to all, enemy to none’ stays

FOREIGN Affairs Secretary Alan Peter S. Cayetano said he will relinquish his post to his incoming replacement, the country’s Permanent Representative to the United...

Jimenez quits source code review panel after laptop incident

COMMISSION on Elections (Comelec) Spokesman James B. Jimenez announced on Monday his resignation as the Focal Person of the Local Source Code Review committee of...
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