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Finance Secretary Carlos Dominguez III said agriculture will remain among the top concerns of the administration of President Rodrigo Duterte to fulfill its goal of raising farm productivity and rural incomes. Dominguez said that improving agricultural output and raising farmers’ incomes through education and the use of new farm technologies emerged as the No. 1 […]
Several senators welcomed the move of the House of Representatives to look at various proposals to scrap or suspend the scheduled hikes in the excise tax on fuel and petroleum products under Republic Act 10963 or the Tax Reform for Acceleration and Inclusion (TRAIN) law. The House Committee on Ways and Means created a technical […]
Senator Sonny Angara hailed as a “step in the right direction” government’s decision to suspend the increase in excise taxes on petroleum products amid soaring price of crude in the world market. “We commend President Rodrigo Duterte and his economic managers for staying sensitive to the plight of our people and adjusting with the times. […]
House Committee on Agriculture Chair and ANAC-IP Rep. Jose T. Panganiban, Jr. on Thursday said he would convince his colleagues in both the Lower and Upper House to convene the bicameral conference committee on the rice tariffication bill as soon as possible to expedite the passage of the measure, which is expected to bring down […]
Senator Win Gatchalian is urging the Department of Energy (DOE) to include energy security in its Philippine Energy Plan amid soaring energy prices that have contributed to the country’s nine-year-high inflation rate. During the recent hearing of the Senate committee on energy on the country’s energy security, Gatchalian pointed out that the DOE has failed […]
Considering how small the pay hike was for workers in Metro Manila, Quezon City Rep. Winnie Castelo has called on employers to release their 13th month pay and bonuses as early as possible. By doing so, Castelo said workers can already buy their needs for Christmas like food and gifts while prices are not yet […]
Suspending excise tax on fuel is an option being considered by government to tame inflation, Special Assistant to the President Bong Go said. In a statement released to the media, Go said while the administration of President Rodrigo Duterte is “open” to suspending the excise tax on fuel, lawmakers and other stakeholders should take into […]
Senator Sonny Angara has called on the Department of Energy (DOE) and the Department of Justice (DOJ) to assemble the task force tasked to investigate unreasonable oil price hikes in some provinces in the country, as inflation hits 6.7 percent due to high global oil prices. “The government should immediately take action if there are […]
A party-list lawmaker called on the Department of Social Welfare and Development (DSWD) to extend emergency financial assistance or “Pantawid Enrolment” cash grants to college students affected by the rising inflation and by Typhoon “Ompong.” According to 1-Ang Edukasyon Rep. Salvador Belaro, the college cash aid could prevent students from stopping their studies because of […]
Senator Joel Villanueva Chair of the Senate Committee on Labor, Employment, and Human Resources Development said the passage of TRABAHO bill (Tax Reform for Attracting Better and High-quality Opportunities) should be delayed if it would only cause worker layoffs as admitted by the Department of Labor and Employment (DOLE). During the Senate deliberation on the […]