Local treasurers must track Bayanihan grants to LGUs

May 19, 2020
The Department of Finance  has directed local treasurers to report the expenditures under the “Bayanihan” grants that were released to local government units to help them address the impact of the coronavirus disease 2019 outbreak in their respective communities.

Key reforms top economic revival measures

May 19, 2020
The Duterte administration is banking on an array of recovery measures, plus fundamental reforms it has put in place to keep the economy resilient, to put the country back on its positive growth trajectory and let Filipinos get back to work as safely and as soon as possible under a post-quarantine environment, Finance Sec. Carlos Dominguez III said.

Makati establishments must file ‘notice’ to resume biz

May 18, 2020
"For owners and managers of business establishments in Makati City that will open during the modified enhanced community quarantine, you are all required to submit a Notice of Re-Opening to the city’s Business Permits and Licensing Office," Mayor Abigail Binay posted  on her Twitter account.

Malls to be closed sans physical distancing

May 18, 2020
The police commanders were also instructed to familiarize other protocols issued by the Inter-Agency Task Force for the Management of Emerging Infectious Diseases and the Department of Trade and Industry for the resumption of mall operations and other businesses.

Growth of digital careers seen

May 18, 2020
“We are seeing the growth of the so-called gig economy in the country and with the extended period of the lockdown being implemented because of the Covid-19 pandemic, there will be even more activities on this front as businesses have to adjust to the new normal,” Angara said.

PH net external liability position up

May 18, 2020
The four- percent increase in theNELP developed as the rise in total external financial liabilities (or non-residents’ outstanding investments in the country) at 2.2 percent to $231.9 billion, outpaced that of total external financial assets (or residents’ outstanding investments abroad) at 1.9 percent to $197.1 billion.

"Investigate Meralco power surge"

May 17, 2020
House Deputy Minority leader and Bayan Muna Rep. Carlos Isagani Zarate and Bayan Muna chairman Neri Colmenares asked the Energy Regulatory Commission (ERC) to investigate Meralco for the surge in electricity bills despite the Inter-Agency Task Force in Managing Emeging Infectious Diseases  (IATF ) assurances that there is an overcapacity of supply.

Gov't, biz urged to invest more in provinces

May 17, 2020
“The government and businesses should pour massive investment in rural areas so that they get adequate human services and jobs in the provinces. People come to the cities because they have no livelihood in the provinces. But this is not enough,” Bishop Broderick Pabillo, Apostolic Administrator of Manila, said in a statement.