The implementation of the mandated price ceilings for rice will start on Sept. 5, Malacañang said last week. The clarification was made after Executive Order (EO) 39 stated that the price cap on regular and well-milled rice will take effect immediately upon its publication in the Official Gazette or in a newspaper of general circulation. “The Office of the Executive …
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The Department of Finance (DOF) has pledged its commitment to expand green infrastructure projects within the country, aligning with the Association of Southeast Asian Nations (ASEAN) objective of achieving sustainable growth, accounting for at least 50 percent of the global economy. During the 10th ASEAN Finance Ministers and Central Bank Governors Meeting held in Jakarta, Indonesia, ASEAN members reached a …
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The Bureau of the Treasury (BTr), on August 28, 2023, announced the issuance of the implementing rules and regulations (IRR) for Republic Act No. 11954, also known as the Maharlika Investment Fund (MIF) Act of 2023. These regulations come after extensive consultations with key government financial institutions (GFIs), including the Landbank of the Philippines (LBP) and the Development Bank of …
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Local shares slightly went up on Friday following the release of core personal consumption expenditures data. The Philippine Stock Exchange index (PSEi) closed at 6,181.06, up by 0.09 percent from 6,175.25 the previous day, while all shares also rose by 0.22 percent to 3,341.97. Half of the sectoral indices ended the week in a positive territory, led by Property which …
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We all wish to wake up close to nature. Having a hot cup of coffee in the morning, smelling the aroma of freshly brewed coffee, and feeling the breeze of fresh air. Studies show that living near nature positively affects a person’s mental, emotional and physical health. Living otherwise may not be beneficial to one’s well-being, causing stress and anxiety. …
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By Robert Andaya The FIBA World Cup 2023 will be remembered as the biggest and most memorable sports competition in the country in recent years. With the world’s top 32 basketball-playing countries in attendance and the entire basketball universe watching, the two-week long competition is already being hailed as the biggest in FIBA history. NBA superstars LeBron James, Stephen Curry, …
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Under the guidance of Department of Transportation Secretary Jaime Bautista, Land Transportation Office (LTO) Chief Assistant Secretary Atty. Vigor Mendoza II has ordered the deployment of sufficient numbers of personnel to assist in road security and assistance for the country’s hosting of FIBA World Cup 2023. Mendoza said the focus of the deployment are the roads leading to and from …
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PAGCOR turned over the first tranche of its financial grant to the Office of the Vice President (OVP) amounting to Php30 million during a simple ceremony held in Mandaluyong City, Wednesday, August 23, 2023. On August 2, PAGCOR Chairman and CEO Alejandro Tengco and OVP Chief of Staff Atty. Zuleika Lopez signed a Memorandum of Agreement (MOA) formalizing the agency’s …
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Several groups and individuals raised serious concern recently about the health impacts of liquefied natural gas (LNG) on the residents of Batangas City, as they urged the Department of Health (DOH) to declare a public health emergency and investigate the matter. Members of the Philippine Movement for Climate Justice (PMCJ), in partnership with the Asian People’s Movement of Debt and …
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The move for water security and climate change mitigation for a sustainable future continues as more of Manila Water’s operating units in the Non-East Zone lead tree-planting activities under the Pasibol: Puno ng Pag-asa program. Manila Water’s operating unit in Calbayog City, Samar, Calbayog Water Company, in collaboration with the Department of Environment and Natural Resources – Protected Area Management …
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