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The administration of President Rodrigo Duterte did a fair job in borrowing money amid the pandemic, Senator Sonny Angara said. Angara, chair of the Senate committee on finance, said he understands the need for the government to borrow money to support the economy and provide for the needs of its constituents. “It’s been a difficult […]
The Senate unanimously approved two bills that could bring a huge impact on the local economy of Bulacan. Senator Joel Villanueva thanked his colleagues for passing House Bill No. 10444 or the Act Converting the Municipality of Baliwag in Bulacan into a component city. “On behalf of the people of Baliwag, we would like to […]
Albay governor-elect and outgoing Legazpi City Mayor Noel Rosal expressed satisfaction as he leaves his office with more than enough funds for the continuance of his flagship programs for the city and its sustained development. Rosal said he felt sad about giving up his post as city mayor but is happy to leave behind enough financial […]
The Department of Trade and Industry (DTI) issued the new Suggested Retail Prices (SRP) for basic necessities and prime commodities. The price guide of 218 SKUs under DTI’s jurisdiction was published in the Philippine Star on 11 May 2022. 136 Stock Keeping Units (SKUs) or 62% retained their 27 January 2022 SRP Bulletin prices, while […]
Philippine exports hit the highest quarterly record in the last six years at $19.4B in the first quarter of 2022, increasing by 9.8% as compared to the same period last year based on the preliminary data from the Philippine Statistics Authority (PSA). From 2017 to 2020, first-quarter export levels hovered around $16B. This record was […]
Senator Joel Villanueva said that the next administration should pay particular attention to growing the country’s digital economy at this time when the economy is opening up as cases of COVID-19 decrease. “All sectors of the economy are expecting to bounce back from the pandemic. While the next administration will have its hands full protecting […]
Good news for job hunters. According to a study conducted by the Department of Trade and Industry (DTI), 75% of HR practitioners interviewed say that the e-commerce sector is thriving and there is a need to hire additional talents. An 86.7% E-commerce Job Outlook Index (EJI) was also recorded for the first time in this […]
The economy of Antique’s capital town San Jose de Buenavista is starting to pick up since its de-escalation to Alert Level 1 on April 1. San Jose de Buenavista Mayor Elmer Untaran said the downgrading by the Inter-Agency Task Force for the Management of Emerging Infectious Diseases (IATF MEIDS) of their municipality has enabled the […]
The Metro Manila Development Authority (MMDA) should ensure that the proposed modified Unified Vehicle Volume Reduction Program (UVVRP) or number coding scheme could address the economic cost of congested Metro Manila traffic under Alert Level 1. This was the call from Senator Joel Villanueva after the MMDA posted its proposals to modify the traffic coding […]
Senator Dick Gordon remains adamant about his desire to transform the Philippines into a first-world country in the future through his effective legislation if reelected. Gordon, who is seeking his second and final consecutive term as senator, said that he will focus on crafting laws that would enrich the national landscape. “My priority has always […]