Museums proposed for inclusion in ‘tourism circuits’
THE Department of Tourism (DoT) is proposing to include museums in “tourism circuits” that it is seeking to promote in a bid to attract more visitor traffic.
ADB finds learning crisis worse for females, poor in Asia-Pacific
THE Asian Development Bank (ADB) said school closures during the pandemic worsened student progression and future livelihoods, particularly for poor students and girls, in the Asia-Pacific region.
Senate resolution seeks review of parts of 1987 Constitution impeding growth
A SENATOR has filed a resolution proposing to direct the Senate Constitutional Amendments and Revision of Codes Committee to conduct a review of the 1987 Constitution, particularly of provisions deemed detrimental to economic growth.
Ukraine war, higher rates to limit growth in developing Asia – ADB
MANILA - The Asian Development Bank (ADB) on Thursday slashed its growth forecasts for developing Asia for this year and next, reflecting the economic...
Debt service bill seen rising when PHL refinances short-term loans
THE Philippines and India are “most at risk” of having to refinance debt in an environment of rising interest rates because of the short-term debt they are carrying in their financing mix, ANZ Research said in a report on Wednesday.
Marcos urged to support agri, manufacturing without relying on FDI
THE GOVERNMENT should seek to grow the economy to ease its debt burden by offering incentives for agricultural and manufacturing projects, following the failure of its efforts to attract foreign direct investment (FDI), the Freedom from Debt Coalition said on Wednesday.
Support for growers of feed corn seen having follow-on benefits for livestock
SUPPORT for growers of yellow corn, the variety used in animal feed, will be beneficial to downstream users of the grain like the livestock and poultry industries, industry officials said.
RCEF aid called inaccessible as bid to repeal rice law intensifies
THE industry modernization component of the Rice Tariffication Law, which is funded by tariffs on rice imports, has been inefficiently handled, with rice farmers unable to tap the program’s benefits, resulting in rice production remaining stagnant, a peasant organization said.
Marcos needs to focus on job-generating production industries, think tank says
THE weak job market and the declining quality of jobs are the result of the government’s failure to develop industries involved in production, which President Ferdinand R. Marcos, Jr., should prioritize during his term, according to a think tank.
PESO Act amendment seeks to add entrepreneurship assistance services
A SENATE BILL seeking to amend the PESO Act, which created a government office for job referrals, hopes to add facilitation services for aspiring entrepreneurs, with the creation of a cohort of self-employed workers intended to address high unemployment levels.
Audit notice: No point in delaying the inevitable
By Denned Miguel Pinza
I can only imagine the worry that taxpayers feel when they receive a Letter of Authority (LoA) from the Bureau of Internal Revenue (BIR). “Should we accept this?” “Is this valid?” “Does this mean we are not paying our taxes right?” These are just some of the usual questions we receive from taxpayers when a BIR revenue officer comes knocking on their door with an LoA.
Marcos urged to attend to higher input costs ahead of farm roads
THE government’s farm-to-market road (FMR) masterplan is less of a priority at the moment than ensuring that farmers gain access to affordable inputs and are insulated from excessive competition from imports, agriculture industry representatives said.