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Marcos certifies as urgent bill imposing tougher penalties vs agri economic sabotage
Senate Bill 2432 seeks to repeal Republic Act 10845, also known as the Anti-Agricultural Smuggling Act of 2016. .....»»
Marcos certifies Public-Private Partnership bill as urgent
President Ferdinand “Bongbong” Marcos Jr. has certified as urgent the Senate bill proposing the Public-Private Partnership Act......»»
Marcos certifies as urgent Senate bill creating Maharlika fund
President Ferdinand Marcos Jr. has certified the Senate bill seeking to create the Maharlika Investment Fund as urgent which will allow the swifter passage of the measure in the chamber......»»
PBBM certifies Maharlika Investment Fund bill as urgent
President Ferdinand Marcos Jr. has certified Senate Bill No. 2020, which seeks to establish the Maharlika Investment Fund, as a priority legislative measure. In a letter to the Senate dated 22 May, Marcos cited the “compelling need” for a “sustainable national investment fund” amid the rising inflation rate driven by various factors. “Pursuant to the provisions of Article VI, Section 26 (2) of the 1987 Constitution, I hereby certify to the necessity of the immediate enactment of Senate Bill No. 2020,” the letter read. “With the downgrade of the global growth projection this year on account of debilitating inflation, fluctuating and unstable prices of crude oil and other fuels due to the protracted conflict between Ukraine and Russia, and continuing interest rate hikes in the international financial sector, there is a compelling need for a sustainable national investment fund as a new growth catalyst to accelerate the implementation of strategic and high-impact large infrastructure projects that will stimulate economic activity and development,” it added. The letter, which was received by the Senate on 23 May but only released to media by 24 May, was addressed to Senate President Juan Miguel “Migz” Zubiri. The House of Representatives had approved on third and final reading House Bill No. 6608, or the proposed MIF bill, before adjourning for the Christmas break last year. Its counterpart, the Senate, is still discussing the proposed measure more than a week before the sine die adjournment on 2 June. On Tuesday, Zubiri urged the economic managers, including Finance Secretary Benjamin Diokno, to personally attend the interpellation at the Senate “for them to show support for the measure and help rally the members to help pass the measure.” Asked if the upper chamber will approve the Maharlika Investment Fun bill on third and final reading today, the Senate chief said: “Not really.” The Senate is “targeting” to approve the measure “next week,” he added. The post PBBM certifies Maharlika Investment Fund bill as urgent appeared first on Daily Tribune......»»
Duterte certifies as ‘urgent’ bills on banks, laundering
A pending bill in the Senate that would allow banks to offload bad loans has been certified by the President as an urgent measure, along with amendments to the Anti-Money Laundering law, it was learned yesterday......»»
Duterte Certifies Anti-Terror Bill as Urgent
President Rodrigo Duterte has certified as urgent a bill that will give the country’s anti-terrorism law more teeth. Duterte, in a letter to House Speaker Alan Peter Cayetano on Monday, certified House Bill 6875, as urgent to allow the lower house to expedite the legislative process. He called for the immediate passage of the bill […].....»»
Rody certifies anti-terrorism bill as urgent
President Rodrigo Duterte on Monday certified as urgent a bill that proposes amendments to the country's existing anti-terrorism law, despite criticism from netizens and activist groups......»»
Binance ban a boon to local crypto firms
Local crypto traders are now experiencing as much as four times higher transaction volumes as investors shift their tokens from Binance......»»
Baltimore bridge collapse could lead to delayed shipments, higher shipping costs
The closure of the Port of Baltimore in the US following the collapse of the Baltimore key bridge is expected to lead to shipment delays and higher shipping costs......»»
DOH: Pertussis cases 20 times higher since January
The number of pertussis cases nationwide has increased 20-fold this year from 2023, according to the Department of Hea.....»»
House leaves Quiboloy’s fate to Senate
The House of Representatives will no longer pursue and implement the warrant of arrest it issued against pastor Apollo Quiboloy after it approved on final reading the bill revoking the franchise of the evangelist’s alleged TV network......»»
Ched-Davao: Quake drill not just ‘procedural activity’ but necessity
AN OFFICIAL from the Commission on Higher Education-Davao Region (Ched-Davao) said that there is a need to prepare students for disasters and other calamities......»»
50,000 cops nationwide, including 2,100 from Central Visayas, promoted to higher positions
50,000 cops nationwide, including 2,100 from Central Visayas, promoted to higher positions.....»»
Resumption of FTA talks seen to spur higher EU investments
The Philippine Economic Zone Authority expects investments from European companies to increase with the resumption of the Philippines – European Union free trade agreement negotiations......»»
UnionDigital Bank revenue grows to over P5 billion
UnionDigital Bank, the digital banking arm of Aboitiz-led Union Bank of the Philippines, saw its revenue grow to over P5 billion in 2023 mainly driven by higher deposits and loans......»»
Upson income drops despite record revenue
Listed IT products retailer Upson International Corp. posted record high revenue in 2023 but lower gross margin and higher expenses dragged down profit for the year......»»
NZ-EU FTA gains Royal Assent for 1 May entry to force
The European Union Free Trade Agreement Legislation Amendment Bill received Royal Assent today, completing the process for New Zealand's ratification of its free trade agreement with the European Union. "I am pleased to announce that today, in a small ceremony at the Beehive, New Zealand notified the European Union of our ratification of the New Zealand European Union Free Trade Agreement (NZ-EUFTA)......»»
Marcos, First Lady Liza have made full recovery from flu-like symptoms, says Palace
President Marcos 'has been in meetings today and will resume his public duties tomorrow,' Malacañang says on Monday, March 25.....»»
Fish catch in West Philippine Sea grows despite tensions with China
Despite rising tensions with China, the Philippines expanded its fish catch in the West Philippine Sea (WPS) last year to a four-year high of over 200,000 metric tons on the back of higher state support to fishermen......»»
Princess Kate praised for ‘extraordinary dignity’ after cancer diagnosis
LONDON – Kate, Britain’s Princess of Wales, and her husband Prince William have been “enormously touched” by the messages of support received since she announced her cancer diagnosis, a Kensington Palace spokesperson said on Saturday. Kate said on Friday she was undergoing preventative chemotherapy after tests done following her major abdominal surgery in January revealed cancer had.....»»