What's Happening in the Philippines, Local News and Philippine People
THE Bureau of Customs’ (BOC) post-clearance audit verification and investigation of importers from January to February this year has so far resulted in the collection of P247.37 million in duties and taxes. In a statement on Tuesday, the BOC said
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AT least 117,000 doses of Pfizer Covid-19 vaccine from the Covax facility may arrive in the country either in March or April, World Health Organization (WHO) Philippine representative Dr. Rabindra Abeyasinghe disclosed on Tuesday. Abeyasinghe also said that 4.5 million
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Image credits: AP/Wong Maye-E The Intergovernmental Fiscal Policy Board (IFPB) has approved the guidelines on the acceptance of foreign grants and donations by the Bangsamoro government. Co-chaired by Finance Secretary Carlos G. Dominguez III and Bangsamoro Autonomous Region in Muslim
MoreTHE white-sand beaches and rich marine resources of Puerto Galera are more accessible now to holidaymakers as the provincial government of Oriental Mindoro fully reopens its borders. Following this and the decision of the Inter-Agency Task Force for the Management
MoreAS unpaid care and domestic work increased, more women in the Philippines lost or were prompted to quit their jobs during the pandemic, according to a study authored by a team from the United Nations Women (UN Women). This was
MoreTOTAL duties and taxes collected by the government through its fuel marking program have so far reached nearly P200 billion. The government already marked 20.55 billion liters of fuel since the program started in September 2019 until March 4 this
MoreBANGKO Sentral ng Pilipinas (BSP) Monetary Board believes the Philippine economy is bound to have another quarter of gross domestic product (GDP) contraction early this year before bouncing back to growth territory. In its recently published highlights of the monetary
MoreMOST companies are expected to easily comply with the Department of Labor and Employment’s (DOLE) new ventilation guidelines to prevent the spread of Covid-19 in workplaces. In an online press briefing on Monday, Labor Assistant Secretary Teresita S. Cucueco pointed
MoreTHE Department of Information and Communications Technology (DICT) has activated new free Wi-Fi hotspots in remote islands in Mindanao. DICT Secretary Gregorio B. Honasan II said the activation of the free Wi-Fi hotspots in Sulu and Tawi-Tawi brings the government
MoreSEVENTEEN villages in Central and Northern Luzon “liberated” from the clutches and influence of the communist-led New People’s Army (NPA) will be the initial beneficiaries of multimillion-peso development projects from the government’s Barangay Development Program (BDP). The military’s Northern Luzon
MoreAFTER five consecutive oil price increases, oil firms will slash pump prices effective Tuesday morning. Gasoline prices will be slashed by P0.10 per liter, kerosene by P0.55 per liter and diesel by P0.35 per liter. The price adjustments of Pilipinas
MoreTHE Department of Justice (DOJ) said on Monday it would convene the Administrative Order 35 Task Force within the month to discuss the growing number of killings and attacks involving activists, human rights lawyers and advocates. The AO 35, headed by the
MoreA TOTAL of 22 municipalities have already received their election paraphernalia for the upcoming plebiscite in Palawan. In an online press briefing Monday, the Commission on Elections (Comelec) said it started deploying paraphernalia ahead of the scheduled plebiscite on March
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Hong Kong / SEAPRWire / Technology shares soared as a result of the coronavirus pandemic. Investors will be closely monitoring the tech sector and C-suite Technology executives will be looking to make every effort to boost brand perception. With AsiaPresswire‘s Technology Distribution
MoreIndia has expanded its COVID-19 vaccination drive beyond health care and front-line workers, offering the shots to older people and those with medical conditions that put them at risk. Those now eligible to be vaccinated include people older than 60,
MoreTHE Department of Finance (DOF) has backed the easing of both tariff and non-tariff barriers to bring down the country’s inflation rate as it warned of “elevated year-on-year inflation rate in the coming months if supply side-issues are not addressed.” Finance
MoreTHE government’s tariff collections from rice imports in January expanded by 58 percent to P2.04 billion from P1.29 billion last year, a feat that the Customs bureau attributed to improvements in its import valuation system. Citing preliminary data, Customs Commissioner
MoreSUBSIDIES extended by the national government to government-owned and -controlled corporations (GOCCs) hit a new record-high in 2020, with Philippine Health Insurance Corporation (PhilHealth) receiving the biggest allocation during the pandemic year. Data from the Bureau of the Treasury showed
MoreAFTER consumer price growth reached two-year highs, economists see inflation going beyond the government target and reaching 5 percent this year due to low base effects and elevated commodity prices. “For the coming months, much lower inflation denominator/base effects would
MoreTHE local banking system’s exposure to real estate may heighten pandemic-related losses and risks this year, an international credit watcher warned. In its latest assessment on the local banking system, Fitch Ratings said the weakness in the property sector, evidenced
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