Economy

Economic team, Senate forge compromise on pork import tariffs, volume

The President’s economic team has reached a compromise with the Senate on the levels of pork import tariff rates and minimum access volume (MAV). The Senate has accepted the economic team’s recommendation...

Bayanihan 3, pasado na sa committee level

Umusad na sa Mababang Kapulungan ang panukalang Bayanihan 3 o ang panibagong stimulus package bilang tugon sa COVID-19. Kinumpirma ni Marikina Rep. Stella Quimbo nitong Lunes (Mayo 3) na ipinasa na ng House...

DOF exec cites ‘long-term benefits’ of vax program loans

A Department of Finance (DOF) official on Friday (April 30) addressed questions on the government’s decision to borrow money to fund the COVID-19 vaccination program, citing its long-term benefits.

MIAA remits P13.9-B to nat’l gov’t in 3 years

The Manila International Airport Authority (MIAA) remitted P13.9 billion in dividends to the national government from 2016 to 2019, surpassing its total remittances in the last 20 years.  Based on MIAA data,...

LANDBANK releases P60-B to UCT beneficiaries as of December 2020

The Land Bank of the Philippines (LANDBANK) has already released P60.36 billion in unconditional cash transfers (UCTs) as of December 2020 to beneficiary-households of the Duterte administration's social mitigation program under...

BSP Fosters Digital Transformation of Financial Services

Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno said the central bank is continuously working towards a more dynamic, digital, and inclusive financial system. During the recent General Membership Meeting of the...

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