Malacanang to push for P4.1 trillion budget in 2020
August 6, 2019
President Rodrigo Duterte has approved the submission to Congress of P4.1-trillion proposed budget for next year. Duterte made the approval during the Cabinet meeting on Monday night in Malacanang. “This budget proposal is designed to respond to the needs of
Philippine Navy commissions first corvette in South Korea
August 6, 2019
The Philippine Navy formally received and commissioned its first corvette in South Korea on Monday. Capt. Jonathan Zata, Philippine Navy spokesman, said the handover and commissioning ceremonies of BRP Conrado Yap (PS39), an ex-Pohang class corvette from South Korea was
July inflation rate of 2.4% lowest since January 2017
August 6, 2019
Philippine inflation eased to 2.4 percent in July, its lowest since January 2017, the Philippine Statistics Authority (PSA) said Tuesday. “This was the lowest inflation recorded since January 2017 and it was the same rate observed in July 2017,” PSA
Palace includes Security of Tenure as among priority bills
August 6, 2019
After President Rodrigo Duterte vetoed the Security of Tenure ( SOT) bill, it would be one of the priority measures of the administration under the current Congress, an official said on Monday. Presidential Legislative Liaison Office chief Adelino Sitoy told
Duterte cites cuts in remittances from STL, Peryahan ng Bayan as reason in halting operations
August 5, 2019
President Rodrigo Duterte said on Monday he had to stop operations of other gaming schemes of the Philippine Charity Sweepstakes Office ( PCSO) because of cuts in the amount of money being remitted. “STL (small time lottery), Peryahan ng Bayan.
Duterte says he kneels down to pray vs ISIS
August 5, 2019
President Rodrigo Duterte admitted on Monday he was really concerned about the threat of the terrorist ISIS in the country. In a speech during the mass oath taking of the newly-appointed government officials in Malacañang, Duterte said he kneels down
PSE index, peso decline
August 5, 2019
The key Philippine share index fell nearly three percent and the peso declined against the US dollar on Monday. The peso closed at P51.79 from Friday’s P51.43. Volume at the foreign exchange portal of the Bankers Association of the Philippines
Filipino arrested in HK for allegedly joining protests: DFA
August 5, 2019
A Filipino was arrested in Hong Kong for allegedly joining demonstrations, the Department of Foreign Affairs ( DFA) said Monday. The unnamed Filipino, under investigation for “unlawful assembly, told Philippine diplomats he did not join the protest. He said he
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