29 C
Makati City
Monday, June 5, 2017
TRADE Secretary and National Price Coordinating Council (NPCC) Chairman Ramon M. Lopez is warning retailers and vendors in Iligan City not to take advantage of the crisis in neighboring Marawi City, and observe the prevailing price freeze in the Mindanao region following the declaration of martial law in Marawi...
SUBIC BAY FREEPORT—An administrative order issued by Subic Bay Metropolitan Authority (SBMA) Chairman Martin Diño has rekindled conflict between two of the highest positions in the agency, a simmering instability that briefly sparked late last year, when Diño questioned Malacañang’s duly-appointed OIC-administrator. Administrative Order 01-2017, dated May 2, 2017, but...
LEGAZPI CITY—Despite affirmation from the Court of Appeals and the Supreme Court involving an Ombudsman order dismissing a municipal mayor from service in 2013, Mayor Billy Ceriola of Malinao, Albay, refuses to leave his post. Ceriola was ordered dismissed by the Ombudsman on the wake of the graft complaint filed...
ACT Teachers lawmakers have found no reason to pursue the Conditional Cash Transfer (CCT) Program since it did not cut the poverty rate and did not reduce the dropout rate among children who benefited from the multibillion- peso scheme. Party-list Reps. Antonio L. Tinio and France L. Castro of ACT...
THE Department of Energy (DOE) on Monday announced the creation of an interagency group to come up with options on rehabilitating Marawi City’s energy facilities. Aside from the DOE, other members of the group include the National Power Corp., Power Sector Assets and Liabilities Management Corp., National Electrification Administration and...
The Philippines has consistently improved its average mobile Internet-connection speeds and steadily gained on the adoption of broadband Internet in the country, according to Akamai, a leading content delivery network services provider for media and software delivery and cloud security solution. Akamai also said the Philippines posted a 20-percent growth...
TWO committees of the House of Representatives will jointly investigate on Wednesday the recent Resorts World Manila (RWM) incident, which killed 38 people, including alleged gunman Jessie Javier Carlos and injured scores of other casino and hotel guests. PDP-Laban Rep. Winston Castelo of Quezon City, chairman of the House Committee...
By Joel R. San Juan and Jovee Marie N. dela Cruz THE “Magnificent 7” at the House of Representatives on Monday challenged before the Supreme Court the constitutionality of President Duterte’s Proclamation 216 imposing martial law and suspending the privilege of the writ of habeas corpus in the whole of Mindanao. In...
THE remaining Maute Group bandits, holed out in Marawi City, are now on the end on the rope and are on the verge of being defeated by the military. This was stressed by Armed Forces Spokesman Brig. Gen. Restituto Padilla, who noted that the surviving lawless elements are now fragmented...
HIGH-school students and youth organizations, led by Anakbayan, Kabataan Party-list group and League of Filipino Students,  have mounted a campout at the Department of Education (DepEd) office in Pasig City to protest tuition increases. The protesters said the approval of increases of tuition and other school fees in 1,013 elementary...
THE Department of Trade and Industry (DTI), realizing the full menacing impact of an excise tax on sugar on per-liter basis, has instead backed a proposed shift in the tax base by recognizing the levy as a fraction of overall product content. This surfaced in an interview with DTI chief...
Part One THE House of Representatives has shown seriousness in pushing its ambitious legislative agenda, which will be used as tools “to effect meaningful and genuine change”. With the help of the supermajority, Speaker Pantaleon D. Alvarez said the two Houses’ priority measures would be passed into law before the...
A LEADER of the House of Representatives has urged the Department of Finance (DOF) to start finalizing Package 2 of the Comprehensive Tax Reform Package (CTRP) focusing on lowering corporate income taxes. Deputy Speaker Romero S. Quimbo of Marikina City, former chairman of the House Committee on Ways and Means, said...
AT least 37 percent of the total listed firms will be affected when the proposed increase in minimum public ownership is implemented by the Securities and Exchange Commission (SEC). According to Philippine Stock Exchange (PSE) data, as of end-March, about 121 of the 322 total listed firms will be...
By Ma. Stella F. Arnaldo / Special to the BusinessMirror THE United Nations World Tourism Organization (UNWTO) reaffirmed its support for the Philippines by confirming its scheduled conference in Manila this month. In a news statement, UNWTO Secretary-General Taleb Rifai said: “The Philippines is one of the most consolidated tourism destinations...
By Catherine N. Pillas & Elijah Felice E. Rosales MALACAÑANG said last  Saturday President Duterte finds no compelling reason to place Metro Manila under martial law in the wake of a gunman attack in a casino-hotel in Pasay City. In a text message to reporters, Presidential Spokesman Ernesto C. Abella...
THE National Economic and Development Authority (Neda) has asked the Food and Drug Administration (FDA) to speed up its certification of contraceptives to help the government fully implement the reproductive-health (RH) law. Neda Secretary Ernesto M. Pernia noted the full implementation of the RH law to manage population growth is part...
CONTRARY to the analysis of a United States-based think tank, the Philippines is not falling into a debt trap at the hands of China, according to Budget Secretary Benjamin E. Diokno. In a recent news briefing, Diokno refuted allegations by economist Anders Corr, founder of Corr Analytics Inc., saying the Philippines...
THE chairman of the Senate Committee on Economic Affairs prodded the Duterte administration over the weekend to adopt a stricter vetting system for accepting foreign aid and foreign-funded investments. Sen. Sherwin T. Gatchalian made the suggestion after presiding over a Senate hearing last week on reported investment deals signed between...
By Rene Acosta and Elijah Felice E. Rosales THE military provided on Sunday four hours of  “peace corridor” for humanitarian workers to move trapped residents away from the conflict in Marawi City, Lanao del Sur, as casualties from both sides and civilians continued to rise in the raging conflict. As...
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