PCC backs classification of motorcycle taxis as public transport

THE COUNTRY’S antitrust watchdog has expressed support for the classification of motorcycle taxis as a mode of public transport as it continues to call for market-driven competition. The Philippine Competition Commission (PCC) said in a statement on Friday that it supports Senate bills amending the Land Transportation Code to legitimize the service as public transport. “The Senate bills are timely, widen the choices for commuters, and open opportunities for businesses and innovators,” it said. In…

"PCC backs classification of motorcycle taxis as public transport"

Bill enhancing Agri-Agra Law filed

A LEGISLATOR has filed a bill seeking to ensure greater access to credit in rural communities. Albay Rep. Jose Maria Clemente S. Salceda filed House Bill (HB) 6039 on Thursday to enhance Republic Act 10000 or the Agri-Agra Reform Act of 2009. The bill seeks to solve what is says is the main cause of the failure of the 2009 law, which is “the lack of income-sustaining value chains for farmers and fisherfolk”. “Agri-Agra requires…

"Bill enhancing Agri-Agra Law filed"

Philippines joins ASEAN Single Window

WIKIMEDIA.ORG/EDGAR DANN ALCANTARA, SHEENA THEA ALCANTARA THE PHILIPPINES has officially joined the ASEAN Single Window (ASW) and went live last Dec. 30 via its three pilot ports, the Department of Finance (DoF) said. In a statement on Friday, DoF Undersecretary Gil S. Beltran said through the three pilot ports, the Bureau of Customs (BoC), its Export Coordination Division (ECD) and Export Divisions have started issuing electronic Certificate of Origin (eCO) through the country’s national single…

"Philippines joins ASEAN Single Window"

DA eyes auction system for commodity imports

THE DEPARTMENT of Agriculture (DA) is now studying following an auction system starting with sugar to ensure transparency in the country’s import system. Following the advice of the Department of Finance (DoF) that an auction scheme is better than the current import system, Agriculture Secretary William D. Dar said Friday he has ordered the department to study the alternative. “Merong team na mag-aaral na nung existing system ng DoF… Actually next week mayroon nang follow-up…

"DA eyes auction system for commodity imports"

Fitch Solutions raises 2020 growth forecast to 6.3%

PHILSTAR FITCH Solutions Macro Research has upwardly revised its 2020 gross domestic product (GDP) growth forecast for the Philippines, citing combined fiscal and monetary stimulus paired with better external demand and base effects which could help the country rebound from the less than six percent growth seen in 2019. The research firm added that another a major headwind is the weakness in capital formation, with foreign direct investments (FDI) possibly continuing their slump this year.…

"Fitch Solutions raises 2020 growth forecast to 6.3%"

GDP estimates to adopt 2018 as base year

THE Philippine Statistics Authority (PSA) will start using 2018 prices as the base for measuring gross domestic product (GDP) starting this year, while including more indices from the production side to improve its process of assessing the economy’s performance. “Right now the base of the GDP is 2000 and part of the improvement for the measurement is really to rebase it and for 2020 we will rebasing it to year 2018,” National Statistician Dennis S.…

"GDP estimates to adopt 2018 as base year"

Budget department sets spending deadlines for cash-based 2020 budget

THE Department of Budget and Management (DBM) has set deadlines for spending the 2020 Budget, requiring agencies to wrap up capital outlays for infrastructure projects by the end of the year while giving them until the end of 2021 or later to disburse funds to finance the completion procedures for these projects. The DBM, which is implementing a cash-based system for budgeting to ensure that funds are spent promptly, said the guidelines will “synchronize fund…

"Budget department sets spending deadlines for cash-based 2020 budget"

Public-hospital staffing could be Universal Health Care’s biggest hurdle

“We have a surplus of nurses but it’s tragic because we produce so many nurses (to serve) the demand abroad… People leave because they lack fulfilment. They feel frustrated with the corruption, they feel frustrated with the equipment and services.” — Medical Anthropologist Michael L. Tan — BW FILE PHOTO By Gillian M. CortezReporter NURSES are vital for the successful implementation of universal health care (UHC). The World Health Organization (WHO) has highlighted the importance…

"Public-hospital staffing could be Universal Health Care’s biggest hurdle"

Polish poultry imports banned after bird flu outbreak

REUTERS THE Department of Agriculture (DA) has banned imports of Polish domestic and wild birds and their by-products following an outbreak there of the H5N8 variety of Highly Pathogenic Avian Influenza (HPAI), also known as bird flu. In memorandum order no. 5, series of 2020, Agriculture Secretary William D. Dar laid out measures against imports of such products from Poland. The ban extends to ”poultry meat, day-old chicks, eggs, and semen” and calls for the…

"Polish poultry imports banned after bird flu outbreak"

P300 million allocated for Occidental Mindoro farm, fisheries programs

FREDRIK OHLANDER/UNSPLASH THE Department of Agriculture (DA) said it will provide farmers and fisherfolk in Occidental Mindoro about P300 million worth of projects and programs in 2020. In a statement, Agriculture Secretary William D. Dar “committed P70 million for agriculture and P54 million for the fisheries sector. He also allocated P51 million for unconditional cash transfers, which will be released under the Rice Farmers’ Financial Assistance (RFFA) Program.” “This year, with the excess tariff revenues…

"P300 million allocated for Occidental Mindoro farm, fisheries programs"