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Government

GOV’T POLICIES AID EFFORTS TO REDUCE HUNGER — NOGRALES

Cabinet Secretary Karlo Nograles said government was encouraged by data showing a 4.2% year-on-year decrease in the number of families that have experienced involuntary hunger, stressing on Sunday that the Duterte Administration has viewed positive numbers like these “as a sign that its policies are meeting their desired objectives.” The Social Weather Stations (SWS) recently […]

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Politics

DOWNTREND IN INFLATION TO GIVE DIOKNO MORE ELBOW ROOM – GATCHALIAN

Senator Win Gatchalian said the continuing downtrend in the headline inflation is a welcome development as the Bangko Sentral ng Pilipinas (BSP), under the leadership of newly-appointed Governor Benjamin Diokno, will have “more elbow room” to make adjustments in the country’s policy rates to spur economic growth. Gatchalian said the country pulled a “better-than-expected” inflation […]

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Politics

TARRIFICATION LAW TO BRING DOWN PRICES OF RICE – ANGARA

The proposed rice tariffication law is projected to temper inflation in the coming months as it will bring down the prices of the staple grain, Senator Sonny Angara said. Angara made the statement following the report of the Bangko Sentral ng Pilipinas (BSP) that year-on-year headline inflation moderated to an average of 5.9 percent in […]

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Government

AGRICULTURE AMONG TOP CONCERNS OF DUTERTE ADMIN – DOMINGUEZ

Finance Secretary Carlos Dominguez III said agriculture will remain among the top concerns of the administration of President Rodrigo Duterte to fulfill its goal of raising farm productivity and rural incomes. Dominguez said that improving agricultural output and raising farmers’ incomes through education and the use of new farm technologies emerged as the No. 1 […]

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Politics

SCRAP EXCISE TAX ON FUEL – PIMENTEL

Several senators welcomed the move of the House of Representatives to look at various proposals to scrap or suspend the scheduled hikes in the excise tax on fuel and petroleum products under Republic Act 10963 or the Tax Reform for Acceleration and Inclusion (TRAIN) law. The House Committee on Ways and Means created a technical […]

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Politics

GOVERNMENT SUSPENSION OF FUEL TAX HIKE IS A STEP IN THE RIGHT DIRECTION – ANGARA

Senator Sonny Angara hailed as a “step in the right direction” government’s decision to suspend the increase in excise taxes on petroleum products amid soaring price of crude in the world market. “We commend President Rodrigo Duterte and his economic managers for staying sensitive to the plight of our people and adjusting with the times. […]

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Politics

I WILL CONVINCE COLLEAGUES TO CONVENE RICE TARIFF BICAM ASAP – PANGANIBAN

House Committee on Agriculture Chair and ANAC-IP Rep. Jose T. Panganiban, Jr. on Thursday said he would convince his colleagues in both the Lower and Upper House to convene the bicameral conference committee on the rice tariffication bill as soon as possible to expedite the passage of the measure, which is expected to bring down […]

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Politics

DOE SHOULD INCLUDE ENERGY SECURITY IN PEP– GATCHALIAN

Senator Win Gatchalian is urging the Department of Energy (DOE) to include energy security in its Philippine Energy Plan amid soaring energy prices that have contributed to the country’s nine-year-high inflation rate. During the recent hearing of the Senate committee on energy on the country’s energy security, Gatchalian pointed out that the DOE has failed […]

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Politics

RELEASE 13TH MONTH PAY, CHRISTMAS BONUS AS EARLY AS POSSIBLE – CASTELO

Considering how small the pay hike was for workers in Metro Manila, Quezon City Rep. Winnie Castelo has called on employers to release their 13th month pay and bonuses as early as possible. By doing so, Castelo said workers can already buy their needs for Christmas like food and gifts while prices are not yet […]

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Government

SUSPENSION OF FUEL EXCISE TAX BEING CONSIDERED BY GOVERNMENT – GO

Suspending excise tax on fuel is an option being considered by government to tame inflation, Special Assistant to the President Bong Go said. In a statement released to the media, Go said while the administration of President Rodrigo Duterte is “open” to suspending the excise tax on fuel, lawmakers and other stakeholders should take into […]