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PH OKs revised Asean free trade pacts with ANZ, Hong Kong
MANILA — The Philippines, a founding member of Association of Southeast Asian Nations (Asean), has agreed to amend two important free trade agreements to benefit investors, traders, and exporters. The Department of Trade and Industry (DTI) announced on Thursday that it signed the Second Protocol to Amend the Agreement Establishing the Asean-Australia-New Zealand Free Trade.....»»
Government OKs higher 60,000 MT potato imports at lower tariff
The Philippines has allowed the entry of more imported potatoes used for making chips and french fries at a lower tariff to meet the growing demand for the raw material by local snack manufacturers......»»
Senate OKs on second reading P100 wage hike
The Senate approved on second reading yesterday a bill seeking a P100 daily minimum wage increase for private sector workers – a Valentine’s gift to minimum wage earners......»»
Marcos OKs pharma-zones for cheaper generics
To ensure the availability of affordable medicines, President Marcos is pushing for measures to encourage both local and foreign pharmaceutical firms to take part in drug manufacturing in the country......»»
Marcos OKs 10-year roadmap to improve maritime industry
The 10-year Maritime Industry Development Plan 2028, outlined in Executive Order 55, which Marcos signed on February 8, aims to create a “strong and reliable” Philippine Merchant Fleet that will meet the country’s sea transport requirements and goals for national development......»»
Insurance commission OKs doubling of vehicular accident indemnity claims
The Insurance Commission has doubled the indemnity claims for vehicular accident victims as part of government efforts to improve overall insurance coverage in the country......»»
House panel Oks proposed POGO ban
Efforts to ban Philippine offshore gaming operators in the country have gained ground at the House of Representatives after a committee yesterday approved two measures on this......»»
ADB OKs $400,000 assistance to Philippines for offshore wind projects
The Asian Development Bank is extending $400,000 to the Philippines to support the development of offshore wind ports in the country......»»
PEZA OKs P2.21 billion investments
The Philippine Economic Zone Authority has approved P2.21 billion worth of investments during its first board meeting last week......»»
Marcos OKs military’s P2-trillion wish list for weapons, equipment
MANILA, Philippines — President Ferdinand Marcos Jr. has approved the military’s revised wish list for new weaponry and equipment to shore up the country’s defenses against threats, in the face of a rapidly evolving regional security landscape. The updated acquisition plan called “Re-Horizon 3” will focus on “an array of capabilities which will range from.....»»
Manila council OKs preserving Mali’s remains
The city council of Manila passed a resolution on Thursday authorizing Mayor Honey Lacuna-Pangan to enter into a contract with a taxidermy firm to preserve the remains of Mali, Manila Zoo’s elephant and main attraction......»»
SEC OKs Citicore Renewable IPO
The Securities and Exchange Commission has given its green light to the P11.252-billion initial public offering of Citicore Renewable Energy Corp......»»
Marcos Oks rice subsidies for cops, soldiers
Amid rumors of destabilization, President Marcos yesterday reaffirmed his commitment to promote the welfare of uniformed personnel and their families and announced the approval of funding for rice and health care benefits......»»
Marcos Oks promotion of 4 PNP officials
President Marcos has approved the promotion of four Philippine National Police officials......»»
Sandigan affirms Benguet ex-cashier’s 89-year sentence
The Sandiganbayan has affirmed the conviction of a former cashier of the Benguet provincial government for multiple counts of malversation of public funds over a cash shortage amounting to P4.08 million......»»
Sandigan junks ex-Palawan execs’ bid to dismiss raps
The Sandiganbayan has denied the appeal of three former provincial government officials of Palawan to be allowed to seek the early dismissal of the graft and falsification cases filed against them in connection with the alleged misuse of P1.534 billion worth of proceeds from the Malampaya gas project in 2008......»»
SC affirms ruling granting bail to ex-Masbate lawmaker, Napoles
The Supreme Court (SC) has affirmed a ruling of the Sandiganbayan that allowed businesswoman Janet Lim-Napoles and former Masbate congresswoman Rizalina Seachone-Laneta to post bail in the plunder charges filed against them in connection with the Priority Development Assistance Fund (PDAF) or pork scam......»»
Sandigan junks fertilizer scam case vs supplier
The Sandiganbayan has junked a fertilizer scam case against a private supplier due to the Office of the Ombudsman’s inordinate delay in its investigation......»»
Sandigan junks Bistek’s plea to dismiss graft rap
The Sandiganbayan has dismissed the bid of former Quezon City mayor Herbert Bautista and former administrator Aldrin Cuña to dismiss the graft case filed against them in connection with the allegedly anomalous P32-million online occupational permitting and tracking system project in 2019......»»
Ex-Munti mayor cleared of P97 million graft charge
The Sandiganbayan has acquitted former Muntinlupa mayor Aldrin San Pedro of a graft case that stemmed from the allegedly anomalous procurement of P97.52 million worth of fire trucks from 2008 to 2009......»»