Albay 2nd district Rep. Joey Salceda (Facebook) House Ways and Means Chair Joey Sarte Salceda (Albay, 2nd district) has congratulated the Marcos administration for its successful bid for the Philippines to host the Loss and Damage Fund (LDF) Board under the United Nations Framework Convention on Climate Change (UNFCCC). “Hosting the LDF will help the Philippines gain fair access to financial…
Investors’ confidence remains solid in the country as evidenced by high reinvested earnings and rising foreign investment approvals despite the decline in the Philippines’ foreign direct investment (FDI) inflows in the first semester of this year, Department of Trade and Industry (DTI) Secretary Alfredo Pascual said on Monday. Pascual issued the statement in response to…
QUEZON CITY — The Commission on Elections (Comelec) has said it is addressing concerns on the possible prevalent use of artificial intelligence (AI) technology as well as deepfake in the upcoming 2025 midterm elections. Comelec spokesperson John Rex Laudiangco said on Oct. 17 they have sought the commitment of Google and social media giants like…
The Philippines will co-host the 6th Indo-Pacific Business Forum (IPBF) with the United States next month. The forum is the US government’s premier commercial event in the region. In a document shared by the Department of Trade and Industry (DTI), the IPBF on May 21 will gather some 500 participants composed of senior government officials, industry experts, and other stakeholders across the region. It…
Citing the increasing supply of rice stocks and decreasing rice prices in the market, President Ferdinand R. Marcos Jr. has officially ordered the lifting of Executive Order No. 39, which sets the mandated price ceiling on regular and well-milled rice in the country. In a two-page Executive Order No. 42 signed by Executive Secretary Lucas…
BMI, a Fitch Solutions unit, expects consumer spending to continue to grow this year, driven by strong economic growth. “We hold a positive outlook for consumer spending in the Philippines, with an acceleration in real household spending growth — from 5.0% in 2024 to 5.3% in 2025,” BMI said in a recent report. “In real…
DOST-ITDI’s new technology, SAFEWATRS Emergency Disinfection System of Drinking Water, was featured in the 25th episode of the weekly radio program of the Department of Science and Technology Region 1 (DOST-1) and DZAG Radyo Pilipinas Agoo on August 31, 2023. (Photo from DOST-1 Facebook page) Water is life. As essential as breathing, water is a…
To upgrade the technological capabilities and improve the productivity and efficiency of MSMEs in the country, the Department of Science and Technology (DOST) is taking a notch higher in strengthening its scientific and technological initiatives through its Small Enterprise Technology Upgrading Program (SETUP). The SETUP program provides appropriate technologies and assistance to micro and medium…
MANILA — President Ferdinand R. Marcos Jr. on Tuesday, Jan. 14, ordered Department of Health (DOH) Secretary Teodoro Herbosa to ensure the uninterrupted delivery of services by the Philippine Health Insurance Corporation (PhilHealth). At the signing of the 2025 national budget in December last year, President Marcos assured PhilHealth will continue to provide uninterrupted services…
Senatorial candidate and Partylist Representative Rodante Marcoleta shared his views on critical national issues during the third episode of Ikaw Na Ba? The Senatorial Interviews. On the issue of Confidential and Intelligence Funds (CIF), Marcoleta highlighted the need for transparency and accountability while expressing reservations about the current approach to investigations. He acknowledged the importance…
MANILA – The Philippine Economic Zone Authority (PEZA) has registered 23 new projects worth PHP15 billion in April 2024 alone. The investment approvals for this month were higher than the total project registrations from January to March 2024 amounting to PHP14.95 billion. In a statement Monday, PEZA reported that the 23 new projects registered with the…
