News (420)

President OKs P1,000 pension hike

Wednesday, 11 January 2017 07:41 Written by
  PRESIDENT Rodrigo Duterte has approved a P1,000 hike in the monthly pension of Social Security System (SSS) retirees, but there will be an increase in contributions from members. In a news conference, presidential spokesman Ernesto Abella said Duterte was…

Economy seen growing over 7% this year

Friday, 06 January 2017 11:05 Written by
  MANILA, Philippines – First Metro Investment Corp., the investment banking arm of the Metrobank Group, expects the Philippine economy to remain strong in 2017. The country’s gross domestic product (GDP) is expected to grow by 7 to 7.5 percent,…

Two days before Christmas, PWDs can start enjoying VAT-free purchases, other benefits under RA 10754

Tuesday, 13 December 2016 17:04 Written by
  QUEZON CITY, Dec. 13 - Following the publication of the Implementing Rules and Regulations (IRR) of Republic Act 10754, also known as An Act Expanding the Benefits and Privileges of Persons With Disability (PWDs), on December 8 in two…

Government to spend P861-B on infra in 2017

Tuesday, 29 November 2016 12:55 Written by
MANILA, Nov. 29 - The Duterte administration is spending a whopping P860.7 billion on large-scale infrastructure projects next year, which represents 5.4 percent of the country’s Gross Domestic Product (GDP), in keeping with its commitment to disperse growth and create…

Christmas comes early for 280 'Yolanda' affected families in Tacloban

Tuesday, 29 November 2016 12:50 Written by
MANILA, Nov. 29 - Two hundred eighty families received an early Christmas gift yesterday as Presidential Assistant for the Visayas Michael Dino led the completion of all Yolanda resettlement sites so that typhoon victims could be transferred before Christmas.

Economy grows 7.1% in 3rd quarter, fastest in Asia

Friday, 18 November 2016 12:26 Written by
  The economy grew by 7.1 percent in the third quarter of the year, the fastest since the second quarter of 2013 at 7.6 percent – driven largely by the strong performance of manufacturing, trade and real estate, the Philippine…

Senate starts plenary debates on P3-T 2017 budget

Monday, 14 November 2016 15:51 Written by
  The Senate will start deliberating in plenary today the proposed P3.35-trillion national budget for 2017 that lawmakers said contains provisions on climate change adaption, fighting illegal drugs, promoting peace, and social protection for the poor.

President Duterte signs EO for the creation of expanded Bangsamoro Transition Commission

Tuesday, 08 November 2016 11:06 Written by
  MANILA, Nov. 8 — President Rodrigo Roa Duterte signed on Monday, November 7, an executive order establishing an expanded Bangsamoro Transition Commission (BTC), the body tasked to draft an enabling law that will serve as the legal foundation of…
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