Remittance drop to shave 0.4% off ’20 GDP

June 20, 2020
“But as you know there are many Filipinos who are in the medical sector like nurses and doctors and looking forward, I think, we should continue to train medical workers here in the Philippines so that maybe in the next pandemic we’ll have a lot of Filipino workers abroad and also working here in the Philippines,” he added.

APEC pushes ‘greener new normal’, circular economy

June 20, 2020
JAKARTA -- Plans for recovery from the coronavirus disease 2019  pandemic must not only help improve public healthcare but also build environmental sustainability, an APEC Policy Support Unit researcher said, urging member nations to work towards a "greener new normal”.

Invest in gov’t bonds, help boost recovery

June 20, 2020
Finance Sec. Carlos Dominguez III is urging Filipinos to support the government’s domestic bond offerings as such secure investments would help the Duterte administration raise funds to bridge the yawning budget deficit brought about by the coronavirus emergency and prepare the economy for a quick and strong recovery from this public health crisis.

DA welcomes probe on fertilizer purchase

June 18, 2020
"(DA) Secretary (William) Dar welcomes the Senate investigation so the public, as well as the legislators, will be given the right information on the issue of the purchase of fertilizer," Agriculure  Assistant Sec. Noel Reyes during the Inter-Agency Task Force Task Group on Food Security virtual presser on Tuesday afternoon.

Small biz urged to register with BIR

June 17, 2020
Small business owners are encouraged to register with the Bureau of Internal Revenue not because the government merely wants to collect taxes but for them to be accounted for and be included in its programs for the sector. 

$500-M ADB loan to fund 4P, Covid-19 fight

June 17, 2020
The country has accessed a fresh $500-million financing package from the Asian Development Bank to help support the country’s immediate budgetary requirements to address the coronavirus crisis with the signing of a loan agreement for the Expanded Social Assistance Project.

ATB to bar PH return to ‘gray list’

June 16, 2020
Amendments on the Philippines Human Security Act, which have been incorporated in the Anti-Terrorism Bill, are necessary to address gaps in the country’s anti-money laundering and counter terrorism financing  system.