Tag: 2023
PH Navy chief visits outposts in Kalayaan islands
Philippine Navy (PN) flag officer in command, Vice Admiral Toribio Adaci Jr., recently visited Pagasa Island and other outposts in the Kalayaan Island Group...
Marcos directs further study on full devolution
The Committee on Devolution (ComDev), chaired by Budget Secretary Amenah Pangandaman, is set to conduct further study on the full devolution of functions and...
Top PH exporters seek resolution on zero VAT
The country’s major exporting industries appealed to the government Tuesday to immediately issue the resolution on value-added tax (VAT) zero-rating for exporters’ purchases.
In a joint...
Marcos administration to provide housing for soldiers, policemen
The national government is determined to provide housing for the country’s uniformed personnel, President Ferdinand Marcos Jr. vowed to continue working to give the...
Economist sees improving BOP
An economist is optimistic about improvement in the country’s balance of payment (BOP) position, citing strong structural inflows like remittances and revenues of the...
Low interest, collateral-free loan program for micro and small businesses gets...
A measure seeking to establish a sustainable and collateral-free financing program for the country’s micro and small enterprises (MSEs) has obtained approval on third...
House okays bill to reduce number of jobless Filipinos
Voting 277 against three and zero abstentions, the House of Representatives approved on third and final reading a bill that aims to reduce the...
Putin, Xi Jinping meet at the Kremlin in Russia
Chinese President Xi Jinping met with his Russian counterpart, Vladimir Putin, at the Kremlin on his arrival in Moscow on Monday.
When Xi reached the...
Balance of payment posts bigger deficit of $895B in February
The country’s overall balance of payments (BOP) position posted a deficit of $895 million in February 2023, which is higher than the $157 million BOP deficit recorded...
MT Princess Empress found
Oriental Governor Humerlito Dolor announced that the ill-fated MT Princess Empress that sank off the waters of Naujan, Oriental Mindoro on February 28, causing...
