Police, military recommend extending martial law in Mindanao for one year

December 5, 2018

The Philippine National Police (PNP) and the Armed Forces of the Philippines (AFP) recommend extending martial law in Mindanao for one more year, according to PNP Director General Oscar Albayalde.   “We have just signed a document together with the

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Employment declines slightly, underemployment at 15-year low in October

December 5, 2018

The unemployment rate for October slightly increased to 5.1 percent but underemployment hit a 15-year low in October, according to Philippine Statistics Authority ( PSA) Wednesday.   National Statistician Lisa Bersales said unemployment rate was five percent during the same month

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Duterte plans to appoint outgoing military chief as peace adviser

December 5, 2018

President Rodrigo Duterte is mulling to appoint as new peace adviser Armed Forces of the Philippines Chief of Staff General Carlito Galvez Jr., who is set to retire next week, Malacanang said on Wednesday. In a statement, Presidential Spokesperson Salvador

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Duterte’s “decisive action”results to lower inflation in November – Palace

December 5, 2018

Malacanang welcomed on Wednesday the decrease in inflation in November, attributing it to President Rodrigo Duterte’s “decisive action.” In a statement, Presidential Spokesperson Salvador Panelo cited the government’s intervention to lower inflation, which was at 6 percent in November. “The

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Treasury studying timing of Marawi bond float: Dominguez

December 5, 2018

Finance Secretary Carlos Dominguez III said Wednesday the Bureau of the Treasury (BTr) is studying the “exact timing” of the issuance of the Marawi bonds in relation to the schedule of the delivery of the pledges raised by the government

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Palace OKs rehabilitation of Panglao, El Nido; no need for EO similar to Boracay

December 5, 2018

President Rodrigo Duterte does not need to issue an executive order for the rehabilitation of Panglao Island in Bohol and El Nido in Palawan, Malacanang said on Wednesday. “On the rehabilitation of Panglao Island in Bohol and El Nido in

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November inflation decreases to 6% from 6.7% in October

December 5, 2018

Inflation for November eased to a four-month low of six percent from 6.7 percent in October, according to the Philippine Statistics Authority ( PSA) on Wednesday. The October inflation figure, which was the highest in nearly a decade, was unchanged

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Duterte OKs implementation of 2nd tranche of oil excise tax by January

December 4, 2018

President Rodrigo Duterte has approved the recommendation of the Development Budget Coordination Committee (DBCC) to implement the second tranche of excise tax on petroleum products next year, officials said on Tuesday. With this, the government would no longer lose an

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