DOTr TWG on motorcycle taxis releases total number of authorized drivers
THE TECHNICAL working group of the Department of Transportation (DoTr) has released the actual number of authorized drivers submitted by motorcycle taxi service providers.
General government debt share in GDP up at end-June
THE COUNTRY’S general government (GG) debt as a share of the economy rose in the first half, the Department of Finance (DoF) reported Friday.
DTI assists more than 100,000 micro-entrepreneurs via P3 program
THE DEPARTMENT of Trade and Industry (DTI) has assisted over 110,000 micro-entrepreneurs after releasing P5.1 billion worth of loans through its Pondo sa Pagbabago at Pag-asenso (P3) program.
Palace signs bill extending validity of 2019 budget
PRESIDENT Rodrigo R. Duterte signed into law the extension of the 2019 General Appropriations Act (GAA) until the end of next year, making up for the four-month delay in passing this year’s spending plan.
House may amend local gov’t code to force property valuation adjustments
A KEY legislator said the House intends to review a rarely-enforced Local Government Code provision requiring real estate values to be adjusted every three years.
DTI studying expanding trade with Africa, posting attaché next year
THE Department of Trade and Industry (DTI) said it will study the expansion of exports to Africa, particularly Kenya and Egypt, which it views as having the potential to consume substantial quantities of Philippine goods.
Iloilo City to offer mass transport project for PPP
ILOILO CITY -- Mayor Jerry P. Treñas wants to set up a mass transport system in Iloilo City and is looking for a private investor that will partner with the local government.
Tiny proportion of small firms linked to global supply chain — PIDS
ONLY A SMALL SHARE of Philippine small businesses are connected to the global supply chain, with 1.3% of 530 surveyed companies directly exporting in 2016, the Philippine Institute for Development Studies (PIDS) said.
Tax appeals court rejects BIR appeal on Metro Rail tax assessment
THE Court of Tax Appeals (CTA) denied for lack of merit an appeal of the Bureau of Internal Revenue (BIR) seeking to overturn the cancellation of the P1.63-billion deficiency tax assessment against Metro Rail Transit Corp. (MRTC).
DAR transfers functions to BARMM counterpart
THE Department of Agrarian Reform (DAR) said it has turned over its functions to the Ministry of Agriculture, Fisheries, and Agrarian Reform (MAFAR) of the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM).
DENR meets biodiversity targets
THE Department of Environment and Natural Resources (DENR) said it has surpassed its 2019 targets for biodiversity preservation.
Foreign work permits exceed 100,000 in 2019, led by POGOs
THE Department of Labor and Employment (DoLE) said the number of foreign work permits it issued this year is nearly five times the 2018 total, with the influx of workers for Philippine Offshore Gaming Operators (POGO) accounting for much of the growth.