Tag: Senate
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DTI Seeks Logistics Cost Breaks To Stabilize Prices
The Philippine government is exploring short-term logistics relief measures to prevent a surge in the prices of basic goods as global fuel costs ripple through supply chains.
IT-BPM flags competitive risks at Senate hearing
The Philippines’ information technology and business process outsourcing sector sounded the alarm at the Senate this week, warning that rising cybersecurity threats, mounting tax compliance pressures, and a widening digital skills gap are beginning to strain one of the country’s most dependable growth engines.
Recto warns against trimming VAT rate
Finance Secretary Ralph Recto on Tuesday cautioned senators against approving a proposal to cut the value-added tax (VAT) rate from 12 percent to 10 percent, warning that such a move could significantly increase government debt and risk a credit rating downgrade.
Senate returns impeachment case to House but summons sent to VP Duterte
In a pivotal move, the Senate—sitting as an impeachment court—voted 18-5 on Tuesday night to return the Articles of Impeachment against Vice President Sara Duterte to the House of Representatives.
A Promise the Nation Can’t Comprehend
For years, the Philippines has looked ahead with optimism, banking on its so-called “demographic sweet spot.” With around two-thirds of the population between the ages of 15 and 65, the country seemed poised for rapid economic growth—a young, able-bodied workforce ready to fuel productivity and progress.
