Tag: Philippine Economy

  • House of Representatives Launches Probe into Escalating Rice and Electricity Costs

    The House of Representatives has announced a thorough investigation into the rising costs of rice and electricity, as stated by Speaker Martin Romualdez during the resumption of the 19th Congress session on January 13, 2025. Romualdez emphasized the need to tackle smuggling and hoarding, which adversely affect farmers and inflate food prices, alongside examining the…

  • Senator Villanueva Endorses Marcos Administration’s Plan for Flexible Work Arrangements

    Senator Joel Villanueva has thrown his weight behind the Marcos administration’s initiative to implement alternative work setups, as outlined in the Philippine Development Plan 2023-2028. This move is aimed at creating a more efficient labor market. In a statement released to the press, Villanueva encouraged the Department of Labor and Employment (DOLE) to investigate work…

  • Manila Allocates Nearly Half of 2025’s PHP25 Billion Budget to Social Services

    In a significant move, the city government of Manila has decided to dedicate almost half of its PHP25 billion budget for 2025 to social services. Mayor Honey Lacuna announced that PHP10.03 billion, representing 40% of the total budget, will be directed towards supporting the city’s most vulnerable populations, including victims of calamities. The largest portion…

  • Tingog Party-List Advocates for Economic Boost Through AKAP Cash Aid

    In Tacloban City, the Tingog Party-list’s Deputy Majority Leader, Rep. Jude Acidre, emphasized the potential economic benefits of the Ayuda para sa Kapos ang Kita Program (AKAP). The program, which involves distributing cash to ‘near poor’ families, is seen as a vital tool to stimulate the Philippine economy amidst soaring inflation rates. Acidre highlighted that…

  • Cebu’s First-Class Municipalities Surge to 25 Thanks to New Tax Law

    In a significant development for Cebu, the number of first-class municipalities has soared to 25, a sharp increase attributed to a groundbreaking real property tax law. Cebu Provincial Assessor Michelle Languido, who hoisted the Philippine flag during a recent flag-raising ceremony at the Capitol, announced this milestone. She noted that when she started her tenure…