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Senate Minority leader Koko Pimentel III called on the country’s economic managers to hasten solutions to the rising inflation in the country which peaked at 8.7 percent in January 2023, an all-time high since November 2008. Pimentel issued the statement as he expressed dismay at the economic managers’ lack of concrete plans and swift action […]
Senate Minority Leader Koko Pimentel III commended the Marcos administration for putting up a Medium Term Fiscal Framework (MTFF) that aims to guide the budgeting process in the next six years. Pimentel complimented the administration for being the first to introduce the framework that supports its agenda for prosperity. “I would like to congratulate this […]
Senate Minority Leader Koko Pimentel III and Senator Bong Revilla urged the Department of Public Works and Highways (DPWH) to inspect the integrity of bridges and other public structures given the recent natural disasters that hit the country. Revilla, who chairs the Senate Committee on Public Works, said the DPWH should immediately retrofit all old […]
Senate Minority Leader Koko Pimentel III lauded the President’s decision to transfer the supervision of the Technical Education and Skills Development Authority (TESDA) to the Department of Labor and Employment (DOLE). “It’s a brilliant move. I am in full support of the President’s decision to let DOLE supervise TESDA,” Pimentel said. “It is crucial for […]
Senator Koko Pimentel III has asked the Bangko Sentral ng Pilipinas to stop the issuance and the production of the P1,000 polymer banknotes amid mounting complaints about its practical use as a legal tender. At the same time, Pimentel has filed a resolution urging the Senate to conduct a legislative inquiry on BSP’s inclination to […]
Senator Koko Pimentel III sent his appeal to the incoming Marcos administration to identify and remove taxes and other fees in fuel transactions that can minimize the effects of surging prices of petroleum products. Pimentel said removing the excise tax and other fees on fuel is an Executive action but the veteran legislator will file […]
The Senate approved on the third and final reading a bill that seeks to develop and promote the Philippine creative industries during its hybrid plenary session. With 21 affirmative votes, no negative vote, and no abstention, the chamber passed Senate Bill No. (SBN) 2455 or the Creative Industries Charter of the Philippines, which was sponsored […]
The Senate approved on third and final reading the Timbangan ng Bayan Act which aims to institutionalize the establishment of “timbangan ng bayan” centers in public and private markets in the country. With 23 affirmative votes, no negative vote, and no abstention, the Senate passed during its hybrid plenary session recently Senate Bill No. (SBN) […]
Delivery riders and drivers would soon be protected from shelling out money from their own pockets to pay for canceled bookings or hoax orders. The Senate approved on third and final reading Senate Bill No. 2302, also known as An Act Providing Measures to Protect Individuals Engaged in Food, Grocery and Pharmacy Delivery Services. The […]
The Senate adopted a resolution concurring in the ratification of the Convention on Temporary Admission subject to certain reservations allowed under the treaty. Senator Koko Pimentel III, chairman of the Committee on Foreign Affairs, said Senate Resolution 832 or the Convention on Temporary Admission and its various Annexes constitute the international codification of the ATA […]