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House OKs resolution vs. Senate

February 6, 2024

Maricel Cruz & Macon Ramos-Araneta

Major political parties in the House of Representatives on Monday approved a resolution that upheld the “honor and integrity” of the chamber, supported the leadership of Speaker Ferdinand Martin G. Romualdez, and denounced the “confrontational stance” of the Senate against them. At least 287 lawmakers voted for the adoption of House Resolution (HR)1562, expressing their […]
The post House OKs resolution vs. Senate appeared first on Manila Standard.

WB whips out to-do list for faster PHL growth

February 6, 2024

Cai U. Ordinario

THE Philippines could accelerate its economic growth by sustaining improvements in investment growth, educational outcomes, life expectancy and female labor force participation in the next 10 years, according to the World Bank (WB).

PHL gets ‘clean and green’ honors in Asean Tourism gab

February 6, 2024

Ma. Stella F. Arnaldo

Ma. Stella F. Arnaldo / Special to the BusinessMirror

WATERY PLAYGROUND

February 6, 2024

In the flooded streets of Barangay Buhangin, Butuan City, children turn adversity into a playground, engaging in playful activities amid the rising waters.

Ex-Neda chief Sicat: Skirting economic provisions cost us

February 6, 2024

Cai U. Ordinario

THE restrictive provisions of the 1987 Constitution have stymied the country’s economic development for decades, according to a former socioeconomic planning secretary.

More Pinoys seen to access bank loans amid PHL growth

February 6, 2024

Cai U. Ordinario

MORE Filipinos are expected to avail themselves of loans this year as the Philippine economy continues to improve, according to an executive of the Bank of the Philippine Islands (BPI).

‘Galunggong’ prices to dip 30% with end of fish ban

February 6, 2024

Samuel P. Medenilla

THE Department of Agriculture (DA) said the price of galunggong (round scad) and other pelagic fish are expected to drop by 30 percent with the end of the fishing ban in parts of Visayas and Mindanao.

Senate seeks ‘best outcome as Cha-cha hearings start

February 6, 2024

Butch Fernandez

SENATE President Juan Miguel F. Zubiri assured the Filipino people on Monday that the Senate will work for “the best possible outcome for the people” as it deliberates on the proposals to amend certain economic provisions of the 1987 Constitution.

CHINATOWN CELEBRATES 430 YEARS

February 6, 2024

To celebrate the upcoming Chinese New Year on February 10, 2024, and pay homage to Binondo’s 430th year as the oldest Chinatown globally, a mall in Binondo, Manila, introduces a captivating 500-foot dragon installation crafted by artist Leeroy New.

Smuggled? BOC units tracking 2 cars worth ₱330M

February 6, 2024

Reine Juvierre S. Alberto

THE Bureau of Customs (BOC) is on the hunt for two allegedly smuggled luxury sports cars amounting to P330 million, which did not go through regular customs clearance.

House adopts reso, decries ‘intense assault’ from Senate

February 6, 2024

Jovee Marie N. de la Cruz

TWO-HUNDRED and eighty-four lawmakers from the supermajority of the House of Representatives adopted House Resolution (HR) 1562 on Monday, declaring their strong support for Speaker Ferdinand Martin G. Romualdez and highlighting the chamber’s commitme...

‘Gibo’ affirms DND mandate to defend sovereignty territory; troops told to follow chain of command

February 6, 2024

Rex Anthony Naval

The Department of National Defense (DND) on Monday said that it is prepared to carry out its mandate in securing Philippine sovereignty and territory “external or internally.”

Sen. Go slams UN rapporteur’s call to repeal Anti-Terror law, Cybercrime Prevention Act

February 6, 2024

Senator Christopher “Bong” Go criticized the United Nations (UN) Special Rapporteur for Freedom of Opinion and Expression Irene Khan for urging the Philippine government to repeal the Republic Act No. 11479, or the Anti-Terrorism Law of 2020 (ATL), an...

House panel detains police general, colonel for ‘lying’

February 6, 2024

Jovee Marie N. de la Cruz

The House Committee on Public Order and Safety on Monday cited in contempt two more police officers, a general and a colonel, for continuously providing false information during a congressional hearing on the alleged unlawful arrest, arbitrary detenti...

House heightens alert amid reported security threats against lawmakers

February 6, 2024

Jovee Marie N. de la Cruz

The House of Representatives has implemented heightened security measures in response to reported threats received by several legislators.

Rep. Castro asks DOJ to review dismissal of grave threat suit vs ex-president Duterte

February 6, 2024

Joel R. San Juan

ACT Teachers Partylist Rep. France Castro filed Monday a petition for review before the Department of Justice (DOJ), seeking the reversal of the January 9, 2024 resolution issued by the Quezon City Prosecutor’s Office dismissing the grave th...

NHCP commemorates 60th death anniversary of Emilio Aguinaldo

February 6, 2024

KAWIT, CAVITE—The National Historical Commission of the Philippines (NHCP), together with the Municipality of Kawit, will spearhead the simple commemorative rites for the death anniversary of the first President of the Philippine Republic at the Emili...

Sen. Robin files resolution clearly providing for separate voting of chambers in Cha-cha

February 6, 2024

Butch Fernandez

The chairman of the Senate Committee on Constitutional Amendments filed on Monday a resolution seeking to finally address the long-standing issue of whether the Senate and House of Representatives should vote separately or jointly in amending the 1987...

Oil firms raise fuel pump prices anew as power rate hike looms

February 6, 2024

Pump prices of petroleum products will increase this week, while power rates would likely to go up this month.

Blinken meets Saudi crown prince amid heightened Mideast tensions

February 6, 2024

GMA News Online / News

Speaking in Davos last month, Blinken said there was “a new equation” in the Middle East in which Israel"s Arab and Muslim neighbors were prepared to integrate Israel into the region but they needed to see a pathway to the creation of a Palestinian sta...

Pangandaman says govt programs to develop Mindanao ‘bearing fruit’

February 6, 2024

Reine Juvierre S. Alberto

Amid former president Rodrigo Duterte’s call for an independent Mindanao, all mechanisms under the Intergovernmental Relations Body for the National Government (IGRB) to create significant development in the region have been activated.

We need to grow the manufacturing industry in 2024

February 6, 2024

Henry J. Schumacher

We are all convinced that the manufacturing sector in the Philippines has to grow to support the economy, generate employment and drive trade in both directions. Let’s look at some ideas what needs to be done:

Brunei taps IPOPHL for patent service

February 6, 2024

Andrea E. San Juan

Brunei Darussalam’s Intellectual Property office (BruIPO) tapped Intellectual Property Office of the Philippines (IPOPHL) to extend its search and examination services to its patent applications, according to IPOPHL.

DENR-EMB ties up with NASA for Metro air quality research

February 6, 2024

Jonathan L. Mayuga

The Philippines will be part of an international collaboration with the National Aeronautics and Space Administration (NASA) to study and address air quality issues in the Asian region, Department of Environment and Natural Resources (DENR) Secretary ...

Digital-payments progress heartens central bank

February 6, 2024

Cai U. Ordinario

THE Bangko Sentral ng Pilipinas (BSP) disclosed that it may have reached its 50-percent digital payments target last year.

House opens deliberations on CREATE MORE bill

February 6, 2024

Jovee Marie N. de la Cruz

IN a decisive move to address issues plaguing the implementation of the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Act, the House of Representatives on Monday opened the plenary deliberations of the CREATE MORE Act.

POS loans mark Home Credit’s decade of operations in PHL

February 6, 2024

Andrea E. San Juan

HOME Credit Philippines Inc. (HCPH) marked its tenth year of operation in the country with 10 million borrowers, having secured 22 million credit contracts, 17 million of which are point-of-sale (POS) financing.

Make 2024 your best financial year yet: A personal finance guide for Filipinos

February 6, 2024

Janice Sabitsana

AS we step into the new year, it’s time to focus our energies on making 2024 a year of exceptional financial growth. Whether you’re an experienced investor or just starting your journey towards financial literacy, this guide will help you navigate you...

Money transfers via Instapay covered nearly ₱5T

February 6, 2024

Cai U. Ordinario

MONEY transfers made through InstaPay amounted to P5 trillion covering almost a billion transactions in 2023, according to its operator BancNet Inc.

Yields corrected higher for 7th auction of T-bills

February 6, 2024

Reine Juvierre S. Alberto

THE national government successfully borrowed P15 billion from the domestic market through the sale of Treasury bills (T-bills) as average yields corrected higher for the seventh straight auction.

NG to provide insurance cover to farmers in H1

February 6, 2024

Samuel P. Medenilla

THE government has allocated P2.3 billion worth of aid to farmers, who will be affected by El Niño this year, according to the Department of Agriculture (DA).

Profitable net interest margin, loans boost AUB income

February 6, 2024

Cai U. Ordinario

DESPITE its strong performance in 2023, Asia United Bank (AUB) said risks on the horizon such as elevated interest rates would require it to remain agile this year.

NCSC wants senior booklet replacement

February 6, 2024

Saying the senior citizen’s purchase booklet no longer serves its purpose, the National Commission of Senior Citizens has recommended its replacement with a database that can be accessed by all participating merchants.

Group hits Imee reaction on NTF-ELCAC

February 6, 2024

Mark Ernest Villeza

The progressive group Karapatan criticized the reactions of Sen. Imee Marcos and the National Task Force to End Local Communist Armed Conflict to the call of UN Special Rapporteur Irene Khan to have the NTF-ELCAC abolished.

DICT, Asia-Pacific team probe cyberattacks on government websites

February 6, 2024

Mark Ernest Villeza

The Department of Information and Communications Technology is coordinating with the Asia-Pacific Computer Emergency Response Team in an effort to investigate the cyber attack attempts on government websites and domains originating from China, accordin...

Castro appeals DOJ dismissal of complaint vs Duterte

February 6, 2024

ACT Teachers party-list Rep. France Castro has asked the Department of Justice to annul the dismissal of the grave threat complaint she filed against former president Rodrigo Duterte.

‘More teachers, non-teaching personnel needed’

February 6, 2024

Neil Jayson Servallos

More teachers and non-teaching personnel need to be hired to effectively implement the Department of Education new policy that removes public school teachers’ administrative tasks, according to the Teachers’ Dignity Coalition.

Philippines rice sufficiency in 2028 dubious – group

February 6, 2024

The National Irrigation Administration projection that the Philippines can achieve rice sufficiency in 2028 is dubious, according to farmers’ group Samahang Industriya ng Agrikultura.