EDITORIAL - Ease of compliance

Source Philippine Star

The Philippine government is likely to achieve over half of its targets under the Philippine Development Plan (PDP) this year...

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Enhancing connectivity and logistics is a priority of the Marcos administration, a senior Finance department official said during an online business forum hosted by The Manila Times...

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A little over P4 billion in subsidies can now be delivered to poor Filipino households amid rising prices, the National Economic and Development Authority (NEDA) announced on Wednesday...

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The country’s chief economist has sought President Marcos’ go-ahead to review the recently revised but supposedly “antimarket” guidelines of the Amended Build-Operate-Transfer (BOT) Law to attract more private sector interest in the administration’s priority infrastructure projects...

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As mayors and governors now have the burdensome task of implementing programs and projects that otherwise should be done by agencies of the national government, President Ferdinand “Bongbong” Marcos Jr. called on local government units (LGUs) to be open to public-private partnership (PPP) as a mode of financing undertakings in their provinces, cities, and towns...

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DepEd said that Region IV-A has the highest number of registrants with 2,116,809 enrollees followed by the National Capital Region (NCR) with 1,734,621, and Region III with 1,422,838...

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The process for submitting and processing requests related to the school building program of the Department of Education (DepEd) is now institutionalized...

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The Philippines may soon have an island prison similar to the famed US penitentiary on Alcatraz Island after the bill on the creation of separate facilities for heinous crimes lapsed into law...

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Sen. Sherwin Gatchalian hailed the enactment of long-awaited remedial legislation he co-authored, granting permanent validity of live birth, death and marriage certificates...

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Sen. Loren Legarda is banking on the timely enactment into law of the Philippine Creative Industries Development Act (PCIDA) to boost the economy...

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Scientists announced Wednesday they have restored blood flow and cell function throughout the bodies of pigs that were dead for an hour, in a breakthrough experts say could mean we need to update the definition of death itself...

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Taiwan struck a defiant tone Wednesday as it hosted US House Speaker Nancy Pelosi, with a furious China gearing up for military exercises dangerously close to the island's shores in retaliation for the visit...

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Most Asian markets climbed on Wednesday after reversing the previous day's losses, though traders remained on edge after United States House Speaker Nancy Pelosi's visit to Taiwan, which has further strained ties between Washington and Beijing, and raised concerns about its long-term impact on the global outlook...

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US House Speaker Nancy Pelosi, meeting leaders in Taiwan despite warnings from China, said Wednesday that she and other members of Congress in a visiting delegation are showing they will not abandon their commitment to the self-governing island...

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Southeast Asian foreign ministers were set to seek ways to help quell the diplomatic storm over Taiwan at regional talks on Wednesday after United States House Speaker Nancy Pelosi arrived on the East Asian island, enraging China...

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The Organization of the Petroleum Exporting Countries (OPEC) and other major oil producers were to meet on Wednesday to discuss their output strategy after United States President Joe Biden urged Saudi Arabia to boost production to tame energy-fueled inflation...

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The United States and the European Union can avoid a recession and achieve a soft landing by bringing inflation down to an acceptable level, a Federal Reserve (Fed) official said on Tuesday (Wednesday in Manila)...

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The OPEC+ oil cartel agreed to a small increase in production Wednesday, likely disappointing US President Joe Biden who lobbied for a big hike to tame soaring energy prices on a recent trip to Saudi Arabia...

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Oil prices dipped on Wednesday ahead of a meeting of OPEC+ producers at which producers are expected to keep output steady with spare capacity limited and against the backdrop of fears that a slowdown in global growth will hit fuel demand...

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UN Secretary-General Antonio Guterres on Wednesday accused oil and gas companies of making "excessive" profits from the energy crisis sparked by the war in Ukraine, calling it "immoral"...

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The Group of Seven industrialized nations on Wednesday condemned military drills announced by China around Taiwan in the wake of US House Speaker Nancy Pelosi's visit to the self-ruled island...

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Sri Lanka’s new President Ranil Wickremesinghe told parliament on Wednesday that talks with the International Monetary Fund (IMF) for a bailout package would restart in August, as the country wrestles with its worst economic crisis in decades...

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Founders and promoters of Forsage, a decentralized application for Ethereum cryptocurrency, were charged by the US Securities and Exchange Commission (SEC) assisted by the Philippine SEC for operating a fraudulent pyramid scheme...

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A smallpox vaccine shown to protect against monkeypox has come under huge global demand, leading health authorities to warn against repeating the unequal distribution seen during the COVID pandemic...

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“Everything is very normal, very calm, especially our OFWs.”...

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Sen. Risa Hontiveros on Wednesday called for a Senate investigation of the looming wastage of up to P13.5 billion worth of unused and expired COVID-19 vaccines while the number of infections continued to rise...

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Sen. Christopher Lawrence "Bong" Go on Tuesday, August 3, vowed to immediately call for a public hearing once a resolution filed to investigate reports of unused and expired Covid-19 vaccines is referred to his committee...

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The Marcos administration is looking into developing more provincial airports, the Department of Transportation (DoTr) said on Wednesday...

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The Private Hospitals Association of the Philippines Inc. (PHAPi) said on Tuesday its members are ready to handle a surge in monkeypox cases in the country...

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Mining companies can potentially be a key driver of the Philippines’ long-term growth, but Department of Finance (DoF) Secretary Benjamin E. Diokno made it clear that they should follow responsible and sustainable practices...

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A state funeral with full military honors will be held for former president Fidel V. Ramos on August 9, Malacañang said Wednesday...

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President Ferdinand "Bongbong" Marcos Jr. named five new undersecretaries in the Department of Justice (DoJ)...

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Malacañang on Wednesday insisted that President Ferdinand "Bongbong" Marcos Jr. is not on a "veto spree", pointing out that out of the 41 new laws that have recently lapsed, only five were vetoed by the Chief Executive...

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Nearly half of Filipino families felt poor, according to a poll by the Social Weather Stations (SWS)...

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The Philippines need not prepare for war with any foreign nations, but must be ready with contingency measures as flashpoints for conflicts exist in the region, a security official said Wednesday...

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Justice Secretary Jesus Crispin Remulla said there is nothing wrong in not rejoining the International Criminal Court (ICC), stressing that even the superpowers are not members of the world investigating body...

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The rate of increase in the prices of basic goods might remain at about 6 percent in the third quarter of 2022, but is expected to ease during the remainder of the year as an expected slowdown of the global economy could push down oil prices, according to First Metro Investment Corp. and University of Asia and the Pacific (UA&P)...

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The government is committed to fostering an environment that would allow the mining industry to thrive in the country, Finance Secretary Benjamin Diokno said...

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The mining industry could help ensure a sustainable recovery of the Philippine economy from the disruptions of the COVID-19 pandemic as this activity requires sizable investments while demand for mine output is high, according to President Marcos’ top economic manager...

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The Department of Agriculture-Philippine Rice Research Institute (DA-PhilRice) on Wednesday said at least 1 million farmers from 42 provinces benefited from the Rice Competitive Enhancement Fund (RCEF) Seed Program of the government...

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The Department of Finance expects youth-driven domestic consumption to be the biggest contributor to economic growth as digital marketing firm Truelogic sees social media with short videos headlined by influencers getting “bigger than ever” in business...

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To help ease a burgeoning sugar crisis, some major producers from Negros Island have asked President Marcos to free up for domestic sale their “homeless” sugar, or the inventory that the government had allocated for export to the United States under a controversial and oftentimes criticized as antiquated quota system...

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The Philippine economy will continue to recover “rapidly” this year, although the pace of expansion likely slowed in the second quarter, economists at First Metro Investment Corp. (FMIC) and the University of Asia and the Pacific (UA&P) said...

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Damage to infrastructure due to the magnitude 7.0 earthquake that shook Northern Luzon last week has reached P1.261 billion...

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Any reliance on the so-called “demographic dividend” for economic growth will depend on the skills young workers acquire on the way to becoming the most numerous cohort of the working-age population, analysts said...

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While the country exceeded the economic development target on shelter and housing, the likelihood of meeting goals in other core indicators such as gross domestic product (GDP) growth rate, poverty incidence as well as in terms of sectors such as social protection and infrastructure are low, a Philippine Statistics Authority (PSA) report showed...

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The business process outsourcing (BPO) industry said 30% of its workforce has relocated to the countryside due to the pandemic, presenting an opportunity for the industry to decentralize operations and generate opportunities in untapped markets...

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The business process outsourcing (BPO) industry said 30% of its workforce has relocated to the countryside due to the pandemic, presenting an opportunity for the industry to decentralize operations and generate opportunities in untapped markets...

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Despite surging inflation, the Philippine economy remains on track to posting a full year growth of 6 to 7 percent this year, according to a local think tank...

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The release of the government’s Targeted Cash Transfer (TCT) program will help shield millions of poor Filipinos from the impact of high commodity prices, according to the National Economic and Development Authority (Neda)..

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