Press Release

DOLE halts labor inspection in December

To enable the Labor department to dispose of all pending labor standards cases and prepare the inspection program for 2022, Labor Sec. Silvestre Bello III has suspended all labor inspection activities this month.

DOLE, PRetA to monitor foreign retirees in PH

The government is strengthening its monitoring of the economic activities of foreign nationals, including retirees, as the country continues to allow the entry of foreign labor even in the face of the pandemic.

Finland Ambassador to the PH visits BOC Davao, discusses trade potential between Davao Region and European Countries

Bureau of Customs (BOC)-Port of Davao District Collector, Atty. Erastus Sandino B. Austria receives Finland Ambassador to the Philippines, H.E. Juha Markus Pyykkö, at the BOC Davao Compound, Davao City, Tuesday...

FSCC assesses global risks; takes next steps to fuel further recovery

The Financial Stability Coordination Council (FSCC) crafted its 2022 work program designed to further the country’s growth and make the financial system even more resilient, after reviewing the emerging global risks...

The Philippines’ external debt ratios remain at prudent levels in the third quarter of 2021

Bangko Sentral ng Pilipinas Governor Benjamin E. Diokno announced that the Philippines’ outstanding external debt remained at a prudent level as its ratio to Gross Domestic Product (GDP) recorded at 27.3...

Go supports NTF-ELCAC, reiterates need for a whole-of-government approach to combat insurgency

Senator Christopher “Bong” Go supports efforts to provide a sufficient budget for the National Task Force to End Local Communist Armed Conflict, saying that its role towards long-lasting peace and development...

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