Bill to reduce VAT by 10% filed in Senate

Manila, April 16 -- A bill seeking to reduce the value-added tax (VAT) from 12 percent to 10 percent has been filed in the Senate on Thursday to help consumers, particularly the middle class, from ris... Read More

Banks urged to enforce BSP relief, waive fees

Manila, April 16 -- Senator Joel Villanueva on Thursday urged banks to strictly implement relief measures allowed by the Bangko Sentral ng Pilipinas (BSP), including loan payment grace periods and the... Read More

Sotto, Tulfo sign flood probe report; 3 more needed for plenary debate

Manila, April 16 -- Senate President Vicente Sotto III and Blue Ribbon Committee Vice Chairperson Erwin Tulfo have signed the panel's partial report on the Senate investigation into the flood control ... Read More

Senators seek rank parity for BJMP, BFP with police, military

Manila, April 15 -- Senators are seeking to align the rank classification and compensation of the Bureau of Jail Management and Penology (BJMP) and Bureau of Fire Protection (BFP) with the Philippine ... Read More

Blue Ribbon probe paused as Lacson shifts focus to committee report

Manila, April 15 -- The Senate Blue Ribbon Committee paused its hearings on the flood control issue as chairperson, Senate President Pro Tempore Panfilo Lacson, moves to prioritize the submission and ... Read More

GSIS, SSS contribution relief seen to boost purchasing power

Manila, April 15 -- Suspending or temporarily absorbing contributions to the Government Service Insurance System (GSIS) and Social Security System (SSS) could help boost the purchasing power of Filipi... Read More

Gov't shifts to recovery plan as fuel prices remain volatile

Manila, April 13 -- The government is shifting from immediate crisis response to a recovery plan as fuel prices remain high and volatile amid the prolonged global oil shock, Department of Economy, Pla... Read More

DOE eyes policy shifts to reduce fuel dependence amid global shocks

Manila, April 13 -- Energy Secretary Sharon Garin on Monday raised the need to reassess existing energy policies to reduce the country's dependence on imported fuel amid ongoing global shocks. Garin ... Read More

BSKE funds may be used for crisis response via 'savings,' says Lacson

Manila, April 13 -- Concerns over the constitutionality of using election funds for crisis response may be addressed through a "savings" mechanism, Senate President Pro Tempore Panfilo Lacson said Mon... Read More

DFA pursues safe passage for PH vessels amid Strait of Hormuz tensions

Manila, April 13 -- Rising tensions in the Strait of Hormuz and disruptions in global shipping have prompted efforts to secure the passage of Philippine vessels through the critical oil route. During... Read More

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