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MUP pensions, Maharlika Fund pose risks to PH economy, says new study

Dr. Margarita Debuque-Gonzales, a former senior research fellow of government think-tank PIDS, says the Filipino people ‘should be the ones to monitor the Maharlika Fund because this is your fund’.....»»

Category: newsSource:  rapplerRelated NewsFeb 16th, 2024

Tax revenues jump to P3.4 trillion

The country’s tax revenues rose by five percent to hit P3.38 trillion as the government ramped up its tax administration and digitalization program......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2024

Tower companies pool in for 4G, 5G infrastructure

Two independent tower companies – Phil-Tower Consortium Inc. and Miescor Infrastructure Development Corp. – are set to form a joint venture company for 4G and 5G mobile network infrastructure in the country......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2024

Philippines urged to accelerate development of sustainable infrastructure

The Philippines needs to work double time in building sustainable infrastructure given its high vulnerability to the impacts of climate change and weather disturbances, Singapore-based project facilitation office Infrastructure Asia said......»»

Category: financeSource:  philstarRelated NewsFeb 3rd, 2024

‘No tax breaks for eco-zone work-from-home firms’

Work-from-home setups of business enterprises in economic zones should no longer get tax incentives under the Corporate Recovery and Tax Incentives for Enterprises Act as the public health emergency status for COVID-19 has already been lifted, Justice Secretary Jesus Crispin Remulla clarified in a legal opinion......»»

Category: newsSource:  philstarRelated NewsJan 23rd, 2024

DOT wants more tourists to discover Mindanao

CAGAYAN DE ORO CITY, Philippines — The Department of Tourism (DOT) is doing everything it can to attract tourists, both from within the country and abroad, to visit Mindanao. The peace and security situation in the region has greatly improved over the past ten years. Mindanao is peaceful now, and it’s fully prepared to welcome.....»»

Category: newsSource:  inquirerRelated NewsApr 29th, 2024

Japan town to block Mount Fuji view from troublesome tourists

A huge black barrier to block Mount Fuji from view will be installed in a popular photo spot by Japanese authorities exasperated by crowds of badly behaved foreign tourists......»»

Category: newsSource:  philstarRelated NewsApr 28th, 2024

Over 2 mln foreign tourists arrive in Philippines since January

MANILA, April 25 (Xinhua) -- Over 2 million international tourists have visited the Philippines since January this year, the Presidential Communications Office (PCO) said Thursday. Citing data from the Department of Tourism (DOT), the PCO said that 2,010,522 international visitors entered the Southeast Asian country from Jan. 1 to April 24. The data showed that tourism receipts reached 157.62 billion peso.....»»

Category: newsSource:  manilanewsRelated NewsApr 25th, 2024

Cruise ship with European tourists docks at Subic

The arrival here last week of a cruise ship with European tourists on board was expected to revive the local cruise ship program that was interrupted by the COVID pandemic three years ago......»»

Category: newsSource:  philstarRelated NewsApr 1st, 2024

Moalboal tourists warned vs. violations

Moalboal tourists warned vs. violations.....»»

Category: newsSource:  sunstarRelated NewsMar 16th, 2024

DOT: Philippines welcomes over 1.2 million tourists

Over 1.2 million tourists visited the Philippines from January to March 5 this year, according to the Department of Tourism......»»

Category: newsSource:  philstarRelated NewsMar 7th, 2024

Solon sipsip sa China, campaign fund inaasinta

Parang suso kung sumipsip sa China ang isang mambabatas para lamang makakuha ng campaign fund sa pagtakbo niya sa 2025 elections. The post Solon sipsip sa China, campaign fund inaasinta first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 21st, 2024

SSS taps Metrobank to manage P1.5 billion fund

Social Security System (SSS), the state-pension fund, has selected Metrobank Trust, the trust banking arm of the Ty-led Metropolitan Bank & Trust Co. (Metrobank) to manage a P1.5 billion balanced fund......»»

Category: financeSource:  philstarRelated NewsApr 13th, 2024

FACT CHECK | VP Sara Duterte did not return her 2022 confidential fund

Vice President Sara Duterte has not returned any confidential funds to the government treasury, contrary to a video posted on YouTube. Reports that Duterte spent in just 11 days in December 2022 a confidential fund amounting to P125 million from the contingency fund of the Office of the President drew widespread criticisms and demands for […].....»»

Category: newsSource:  mindanewsRelated NewsJan 16th, 2024

Government grants $6.6 million to clean up old landfill sites

The Government has granted $6.6 million to clean up four historic New Zealand landfill and dump sites vulnerable to extreme weather events and coastal erosion.At the BlueGreens Forum in Paihia today Environment Minister Penny Simmonds said that the Contaminated Sites Remediation Fund grants will go towards fixing former landfills and dump sites in Tairwhiti, Southland, Canterbury and Nelson.  "These.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 26th, 2024

SPNEC confirms it is looking for investors in Terra Solar to help fund project dev t

SP New Energy, Meralco’s new renewable energy subsidiary, confirms a report that it was seeking investors to help fund the development of the 3.5 GW Terra Solar project, but clarified that it is only seeking investors “at the Terra Solar Philippines Inc. level,” and that it has only “just launched the process and are still in discussions with various possible investors.” .....»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024

Institutionalize space allocation for ICT infrastructure in development projects – think tank

Legislators should adopt a no-lease policy in a pending legislation requiring real estate developers to allocate space for information and communication technology (ICT) infrastructure in all existing and new development projects, according to international think tank Stratbase Institute......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2024

NEDA approves 23 new priority infrastructure projects

The National Economic and Development Authority Board has approved the inclusion of 23 projects in the list of infrastructure flagship projects to be prioritized under the current administration, bringing the total cost to P9.14 trillion......»»

Category: financeSource:  philstarRelated NewsFeb 27th, 2024

New tax proposals seen to yield P213 billion revenue

The Marcos administration expects to generate P213 billion over the next five years from the priority tax proposals of the Department of Finance......»»

Category: financeSource:  philstarRelated NewsJan 26th, 2024

President Marcos wants faster permit process for flagship infrastructure projects

To speed up the implementation of major infrastructure projects, President Marcos ordered government agencies and local government units (LGUs) to further simplify the permitting process for these developments to support the country’s continuing economic transformation......»»

Category: newsSource:  philstarRelated NewsMay 5th, 2024