DBM sets rules for Jan. spending before 2020 budget is signed
THE Department of Budget and Management (DBM) ordered agencies and local government units (LGUs) to operate with funds appropriated for 2019 for the time being as the 2020 budget is still awaiting President Rodrigo R. Duterte’s signature.
Palay farmgate price resumes fall after brief gains
THE AVERAGE farmgate price of palay, or unmilled rice, declined 0.1% week-on-week to P15.55 per kilogram (kg) in the fifth week of November, breaking a two-week run of gains, the Philippine Statistics Authority (PSA) said.
National government debt at P7.7 trillion in first 11 months
THE national government’s outstanding debt declined 2.5% month-on-month to P7.709 trillion in the 11 months to November due to net redemptions of government securities, the Bureau of the Treasury (BTr) reported Thursday.
Sugar production falls over 27% as of early Dec.
THE Sugar Regulatory Administration (SRA) said sugar production as of the first week of December fell 27.48% year-on-year.
House panel also declares POGO probe a priority
THE House Committee on Games and Amusements said it will also give priority to an investigation into the Philippine Offshore Gaming Operators (POGOs) industry when the Congressional session resumes, its chairman said.
BI reminds registered foreigners of personal appearance requirement by end-February
THE Bureau of Immigration (BI)has instructed foreigners registered with the bureau to report in person to the nearest immigration office by the end of February, as required by law.
Philippines, Laos sign IP cooperation agreement
THE Intellectual Property Office of the Philippines (IPOPHL) said it signed a memorandum of cooperation (MoC) with the Lao People’s Democratic Republic’s Department of Intellectual Property (DIP) to mutually promote and improve intellectual property systems.
ADB approves new $400-M loan to back Jobstart program
THE Asian Development Bank (ADB) approved a $400-million loan for the second subprogram of the Facilitating Youth School-to-Work Transition Program, which will support the Department of Labor and Employment’s (DoLE) Jobstart scheme for at-risk youth.
Tobacco excise tax reduced consumption, think tank finds
HIGHER excise taxes on tobacco products helped reduce consumption, but the impact of increased prices on alcohol and petroleum products was minimal, state think tank said.
NEDA issues national transport policy implementing rules
THE National Economic Development Authority (NEDA) released on Monday the Implementing Rules and Regulations (IRR) of the National Transport Policy.
Senate panel declares POGO investigation a priority when session resumes
THE Senate Committee on Labor, Employment, and Human Resources Development has set as a priority an investigation on the Philippine Offshore Gaming Operators (POGOs) industry when legislative session resumes, its Chairman said.
Gov’t departments vetting proposed nuclear policy
THE Energy department said other government agencies are now vetting the atomic energy policy it proposed to Malacañang, the outgoing head of the Nuclear Energy Program Implementing Organization (NEPIO) said.