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Politics

Internal Security Units of Casinos to Be Registered With the PNP – ACOP

  House members are seeking to strengthen the competency of the internal security units of casinos in the country through their registration with the Philippine National Police (PNP) Supervisory Office for Security and Investigation Agencies (SOSIA). The proposal cropped up during the second hearing jointly conducted by the House committees on public order and safety, […]

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Politics

Fairer and More Reasonable Excise Tax on Sugar-Sweetened Beverages – ANGARA

  Senator Sonny Angara said he is considering a fairer and more reasonable excise tax on sugar-sweetened beverages, which would be more effective in curbing the prevalence of diabetes and obesity in the country. The tax reform measure recently passed by the House of Representatives (HOR) includes a provision imposing a P10 excise tax on […]

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Government

BOI Investments up 25% in First Five Months of 2017 – LOPEZ

  The Philippines remains a preferred global investment destination as evident in the investment projects registered with the Board of Investments (BOI). Trade Secretary and BOI Chairman Ramon Lopez announced a 25% increase in the value of registered investments for the first five months of the year compared with the same period in 2016, growing […]

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Politics

Ending Child Labor Is a Must – LEGARDA

  In observance of the World Day Against Child Labor, Senator Loren Legarda said that ending child labor is a must, stressing the right of children to a life free from violence, exploitation and abuse. According to the United Nations, around 168 million children remain trapped in child labor and many of them live in […]

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Politics

Senate to Investigate Alleged Computer Glitch in Banking Financial System – PIMENTEL

  Senate President Koko Pimentel lll said he would seek a legislative inquiry into the alleged computer glitch that hit the financial system of the Bank of the Philippine Islands (BPI) Monday, causing inconvenience and panic among several bank clients. Pimentel said that the “internal data processing error” which the BPI admitted to have ruptured […]

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Politics

Cooperatives Officer for Each and Every LGU No Longer Optional but Mandatory – BRAVO

  The House Committee on Cooperatives Development has approved a substitute bill which provides for the mandatory appointment of a cooperatives officer in every municipality, province and city to ensure the concerns of cooperatives in these local government units (LGUs) match the sustainable economic development plans of the government. The committee chaired by Rep. Rico […]

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Politics

Loose Vetting System Equals One-Sided Trade Packages – GATCHALIAN

  The Philippine government has been using a loose vetting system for foreign-funded investments, which has allowed scheming foreign firms to pull off one-sided trade contracts to the detriment of the nation and the Filipino people, Senator Win Gatchalian bared after a hearing by the Senate Committee on Economic Affairs regarding investment deals inked during […]

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Politics

Economic Development Most Effective Weapon Against Terrorism – PIMENTEL

  The development of Mindanao’s economy and infrastructure could prove to be the government’s most effective weapons against terrorism and extremism, as bringing jobs and economic opportunities to Mindanao can aid efforts to thwart attempts to radicalize youth in the region. This according to Senate President Aquilino “Koko” Pimentel III, who on Wednesday said that […]