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January 15, 2019 10:38 AM Elections, infra push to boost PH economy in 2019 – First Metro

First Metro Investment Corporation expects economic growth and lower inflation, but a weaker peso in 2019 MANILA, Philippines – Infrastructure projects, improved consumer spending, and the upcoming elections will help boost the economy in 2019, Metrobank's investment arm First Metro Investment Corporation said on Tuesday, January 15. First Metro said the recovery 347

January 15, 2019 6:10 AM Hontiveros bill pushes Universal Social Pension for Senior Citizens

Akbayan Senator Risa Hontiveros is pushing for a Senate bill which will create a universal social pension system for all senior citizens (or those 65 years old and above), to help elderly Filipinos and their families better meet their daily needs. Hontiveros, who serves as vice-chair of the Senate Committee on Health and Demography, filed Senate Bill No. 2138, or the "Lingap 260

January 14, 2019 4:23 AM Nancy wants OSG to review contracts of data mgmt providers dealing with PH govt

In light of the passport data breach, and to further protect the privacy of individuals, Sen. Nancy Binay today called on the solicitor general to review the contracts of government's data management providers. Binay wants the Office of the Solicitor General to review all contracts of government agencies with third-party software and data management 118

January 10, 2019 11:24 AM Pernia expresses worry over weak Philippine exports

Socioeconomic Planning Secretary Ernesto Pernia says the government should support local businesses to make them globally competitive "Simplifying loan processes, provision of financial literacy trainings, and facilitation of linkages between MSMEs and large corporations are some ways to spur the internationalization of MSMEs," Pernia said. The comments 148

January 10, 2019 6:11 AM Pimentel: New Bulacan airport to kick off provincial development 'domino effect'

Senate Trade and Commerce Chair Aquilino "Koko" Pimentel III today welcomed a proposal to build a new airport in Bulacan, saying the project would kick off "a domino effect" of development in the province that would provide economic opportunities for millions of Filipinos outside Metro Manila. "President Duterte is right; Metro Manila is in the ICU (intensive 144

January 1, 2019 7:00 AM DOF's 2019 wish: Passage of Trabaho bill, other tax reform packages

Finance Secretary Carlos Dominguez III says they will seek a last push discussion with legislators for the approval of the measures before the 2019 elections "The Department of Finance remains optimistic that the proposed reduction in the 30% corporate income tax (CIT) and the overhaul of the fiscal incentives system, along with the rest of the tax reform 103

December 30, 2018 10:53 AM China to mark Year of the Pig with 'Peppa Pig' movie

A new film titled 'Peppa Pig Celebrates Chinese New Year' is set for release in February 2019 BEIJING, China – China is set to mark the Year of the Pig with a film starring Peppa Pig, despite a backlash against the popular British cartoon character earlier this year. A government document listing upcoming movie projects shows a new film in the works 108

December 29, 2018 11:37 AM Chinese firms offer subsidies on Huawei phones in show of support

SHANGHAI, China – Chinese firms are encouraging staff to buy Huawei smartphones following Canada’s arrest of a top Huawei executive on a US extradition request, which has triggered an outpouring of nationalist support. Several companies are offering employees subsidies for Huawei phone purchases, while others have even warned staff against buying Apple 128

December 29, 2018 4:46 AM NEDA: Japan still Philippines' top ODA provider

Japan's loans and grants to the Philippines in the first 3 quarters of 2018 reached $5.98 billion or more than 40% of the total Official Development Assistance received by the Philippines during the period MANILA, Philippines – Japan remained as the Philippines’ biggest source of official development assistance (ODA) as of the third quarter of 2018, the National 96

December 27, 2018 3:01 AM GMA Kapuso Foundation unveils second Kapuso school in Marawi

GMA Kapuso Foundation (GMAKF) recently turned over the second Kapuso school built in Marawi City under the ‘Rebuild Marawi Project’. Through the joint efforts of its multi-sectoral partners and donors, GMAKF was able to rehabilitate two (2) classrooms and build four (4) classrooms and a total of 12 gender-sensitive restrooms at Pendolonan Elementary 126