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The past administration missed the opportunity to start closing the country’s yawning infrastructure gap by taking advantage of very low interest rates on loans that would have raised funds for these badly needed economic investments, Finance Secretary Carlos Dominguez III said.

President Rodrigo Duterte on Wednesday led the 121st Independence Day rites at the Lanao del Sur military camp, reminding Filipinos that freedom is only as strong as the resolve to remain free.

Secretary Carlos Dominguez III has ordered Department of Finance (DOF) officials to study ways of actively engaging lawmakers in the incoming Congress to speed up the approval of the rest of the Duterte administration’s tax reform packages, as well as to apprise them of the untenability and adverse financial repercussions of certain legislative proposals.

President Rodrigo Duterte on Wednesday urged Moros to exploit their resources and take advantage of the transition from the Autonomous Region in Muslim Mindanao (ARMM) to the new Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) as mandated by the ratified Bangsamoro Organic Law (BOL).

Philippine Airlines is flying two Philippine eagles from their sanctuary in Davao to Singapore, via Manila, as part of the first international Philippine Eagle loan Agreement between the governments of the Philippines (through the Department of Environment and Natural Resources) and Singapore (through Wildlife Reserves Singapore [WRS]).

More than 140 families belonging to the Aeta indigenous peoples in Capas, Tarlac now have access to electricity after the ICTSI Foundation, the social responsibility arm of International Container Terminal Services, Inc. (ICTSI) installed solar photovoltaic (PV) systems.

By Tracy Cabrera Pushing for the speedy approval of the new ‘sin’ tax reform law, the finance department stressed the law’s importance in helping fill the massive funding gap for the Duterte administration’s Universal Health Care (UHC) program and likewise ensuring affordable and quality health care for every Filipino family starting next year.

The National Food Authority (NFA) has not let up in its palay procurement, piling up a total of four million bags in less than five months.

As the government prepares to purge “fake” vinegar from the consumer market, the Department of Agriculture (DA) and the Philippine Coconut Authority (PCA) will begin the nationwide training of farmers and women’s groups on the production of natural vinegar, using agricultural products to fill the expected supply gap.

The third phase in the “ Saudization” policy of the Saudi government has gone into effect as early as April 7, 2019 which bans ex-pats our OFWs from working in 41 categories which will result into further losses of deployment in the government’s overseas hiring efforts.