The Department of Transportation and Commu-nications (DoTC) is reviewing and not canceling the franchise of the country’s formerly biggest bus companies, the defunct Pantranco North Express Inc., an official of the agency assured the bus firm’s former employees who expressed worries over the claims of some bus operators that Pantranco’s franchise was already canceled or…
Provisions in President Aquino’s recently released Executive Order (EO) that seeks to increase taxes on the mining sector and extend a ban on new permits may deter investors, the country’s biggest foreign trade group said. The Joint Foreign Chambers (JFC) in a statement said EO 79 that fleshes out mining policy, details of which were…
Despite all Malacañang’s spins and excuses, the administration’s own data showed a high level of poverty and hunger, with the incidence of involuntary hunger shown in the Cabinet’s anti-poverty cluster’s commissioned survey hitting a record-high 23.8 percent in March.
PHNOM PENH, Cambodia – The Philippines and the European Union (EU) signed a landmark treaty on Wednesday, July 11, that will pave the way for a full-scale free trade agreement between the two countries. The Partnership Cooperation Agreement (PCA) provides legal basis for Manila and EU states and territories to cooperate in a wide range…
MANILA, Philippines – The country’s new mining policy will ensure an equitable share in revenues for local government units (LGUs) as well as give them a voice in the soon-to-be-formed council that will prepare the implementing rules and regulations for Executive Order 79 which seeks to give the industry a clearer direction. The council is…
The Cebuana Lhuiller Pawnshop’s Pera Padala is still the preferred money remittances service of Filipinos worldwide. With over 1,400 Cebuana Lhuiller Pawnshop branches nationwide, it offers convenient, fast and reliable money remittance service for Filipinos.
Here is a portion of a report on a survey of education done in 2001 by the RAND Corporation: “RAND’s analysis identified key system strengths and weaknesses, most of which were already well-known. A key problem was the rigidity of the Department of Education, whose insular, bureaucratic structure discouraged innovation and limited communication both within…
A month ago, the UNA (United Nationalist Alliance) looked like they’ll be dominating the 2013 senatorial elections. Recent developments, a good part of it the making of UNA itself, would now indicate that the administration’s coalition will win more seats.
BRUISED VETERAN: As a taxpayer who drives on EDSA daily — and has been bumped and bruised a number of times — I claim vested rights to comment on how this 23.8-kilometer highway arching around the megacity is being mismanaged.
The Supreme Court (SC) has dismissed a suit filed by the Philippine Economic Zone Authority (Peza) against the Commission on Audit (CoA) in connection with the latter’s decision to disallow more than P5 million in per diem allowances sought by ex-officio members of the Peza board of directors.
In so short a time, the Corona-less Supreme Court (SC) appears to have quickly become an Aquino court, with the high court, led by acting Chief Justice Antonio Carpio calling for a special en banc session to reverse its status quo ante (SQA) order issued in less than 24 hours.
After 21 years as Secretary General of the National Statistical Coordination Board (NSCB), Romulo “Romy” A. Virola has hung up his spurs, so to speak, having reached age 65 and therefore forced to retire, per government fiat. His retirement is not only a loss to the NSCB and the Philippine Statistical System (PSS) but also…
WASHINGTON DC – Cash remittances sent home by migrants, a major part of developing world revenue, have grown faster than expected despite the world financial crisis, the World Bank said Tuesday.
A useful principle to remember in governance is the aphorism “The enemy of the good is the perfect.” President Aquino could have waited another six months, maybe a year, and perhaps issued a better executive order on mining. He could have conducted another set of consultations with stakeholders and delayed releasing Executive Order No. 79.
PARIS — Signs are growing that Europe’s economic and monetary union may be fragmenting faster than policymakers can repair it. Euro zone leaders agreed in principle on June 29 to establish a joint banking supervisor for the 17-nation single currency area, based on the European Central Bank (ECB), although most of the crucial details remain…
Despite exports posting a 17-month high toward the middle of the year, the National Economic and Development Authority (Neda) and some economists expressed concern that the appreciation of the peso and the global slump in electronics may still threaten export growth in the coming months.
MANILA, Philippines – A key Cabinet member hinted yesterday that President Aquino is still not keen on proposals to introduce amendments to the 1987 Constitution, but nonetheless stressed that this can be discussed in the Legislative-Executive Development Advisory Council (Ledac).
In what could be described as part of Malacañang’s grand preparation for next year’s polls, the Palace is allocating the biggest slice of the 2013 budget to social services.
1 2 3 4 5 (0 votes)The National Economic and Development Authority (Neda) said exports growth of 19.7 percent in May this year was the highest year-on-year growth since January 2011.
The Chamber of Automotive Manufacturers of the Philippines (Campi) said local vehicle assemblers have sustained their growth momentum as industry sales grew 25 percent to 72,874 units in June this year.
Lawmakers are urging Congress to fast track the approval of a measure they have filed to protect victims of cyber bullies. Buhay Party-list Reps. Irwin C. Tieng and Mariano Michael Velarde stressed the need for the immediate passage of House Bill 6116 saying existing laws in the country are not adequate to properly address the…
The Supreme Court (SC) yesterday stopped the implementation of the Department of Labor and Employment (DoLE)order fixing wages of bus drivers and conductors.
A total of 600 child combatants, some as young as eight years old, were monitored in the ranks of various anti-government forces in 2011, the United Nations (UN) reported.
As RP peace negotiators talk of peace pact soon The Moro Islamic Liberation Front (MILF) stands firm on its demand to be made a sub-state and vowed that until the aspirations of the Bangsamoros remained unaddressed, the Mindanao conflict will continue.
A day after releasing the much-anticipated Executive Order defining President Aquino’s policy on the mining industry, top Palace officials issued claims of getting positive reception from the stakeholders of mining sector on EO 79 while effectively blocking vigorous protests against it.
MANILA, Philippines – Growing investor confidence in the country was recently affirmed by the improved ranking of the Philippines in the 2012 Global Real Estate Transparency Index, a biennial Jones Lang LaSalle (JLL) worldwide survey that assesses transparency in 97 real estate markets by weighting 83 different factors.
MANILA, Philippines – The adoption of a seven percent single levy for all mining operations – combining excise and royalty taxes – as well as the phasing out of mineral production sharing agreements (MPSA), where the government only collects two percent excise taxes, and a 10 percent “cash-flow surcharge” is being recommended by the International…
The Joint Foreign Chambers (JFC) welcomes the release of the new Executive Order (EO) implementing reforms in the Philippine mining sector, issued under the authority of the Office of the President and appreciates it as a constructive framework upon which responsible mining can move forward in the Philippines.
There’s trouble in the European Union (EU) and the situation is likely to get worse before it gets better. At the heart of the problem is the euro, the common and exclusive currency of the 17 nations that comprise the eurozone. The eurozone is not the EU, which has 27 member states. The 17 eurozone…
ANALYSTS have cast doubt on growth targets the Aquino administration has set for the remainder of its term, describing these as too bullish given uncertainties. Slower export growth expectedPopulation management needed to spur growthPhilippines could be ‘next rising star’Philippines seen better positioned in ASEANEconomic planner sees Q2 growth ‘close’ to 6.4%