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Plan to tap GOCCs for stimulus clears House panel

BusinessWorld May 3, 2021 | 8:43 pm PHILSTAR THE HOUSE Committee on Ways and Means has approved a proposal to tap government companies’ dividends more extensively to fund the third stimulus package. The sourcing of funds from government-owned and -controlled corporations (GOCCs) was approved by the panel in passing the revenue generation provisions of the unnumbered substitute bill that, if approved, will enter the books as the Bayanihan to Arise as One Act, known informally a...
Quezon City Jose Ma Bangko Sentral Clementes Salceda Gillianm Cortez House Committee On Economic Affairs

LTFRB-CAR launches free rides for healthcare workers in Baguio City

LTFRB-CAR launches free rides for healthcare workers in Baguio City Philippine Information Agency 30 Apr 2021, 22:38 GMT+10 BAGUIO CITY, April 30(PIA) -- The Land Transportation Franchising and Regulatory Board(LTFRB) - Cordillera Regional Office launched this week free ride for healthcare workers in the city to help ease the burden of commuting to their work places during this time of the COVID-19 pandemic. Four modernized jeepney units from the Baguio Benguet Transport Cooperative were initia...
Sto Nino Quezon City Elpidio Quirino Hway Cooyesan Plaza Lalaine Sobremonte Department Of Transportation

Local PPE manufacturers eye exportation amid gov't preference for China imports

(MANILA BULLETIN File Photo) “Nakakatawa ‘no, tayo magsusupply sa labas tapos ‘yong sariling atin hindi natin ma-supply (It’s funny, that we are supplying other countries when we cannot even supply for our own people),” Senator Nancy Binay said in dismay after garments exporters disclosed the plan on Wednesday, April 28. During the hearing of the Senate economic affairs committee, Coalition of Philippine Manufacturers of PPE (CPMP) Executive Director Rosette Carrillo reiterated the gr...
Aquilino Koko Pimentel Imee Marcos Marites Agoncillo Nancy Binay Confederation Of Wearable Exporters The Philippines Coalition Of Philippine Manufacturers
Source: mb.com.ph

Increased govt. spending, thinner revenues bloat budget deficit

endIndex: Metro Manila (CNN Philippines, April 27) -- The countrys fiscal deficit ballooned in March to more than double its size a year ago, as government expands expenditures while revenues from taxes and various levies continue to plunge. The budget deficit grew to ₱191.4 billion during the month, a big rise from the ₱71.6 billion in the same month last year, the Bureau of the Treasury reported Tuesday. Government spending rose by 22.3% annually, but revenue collections dwindled by 17.3...
Metro Manila Philippines General Quezon City Michael Ricafort Da Department Of Agriculture Bureau Of Internal Revenue

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DOTr aims to nearly double bike lanes nationwide by year-end

endIndex: Metro Manila (CNN Philippines, April 21) - The Department of Transportation (DOTr) is targeting to nearly double the countrys bike lanes by the end of 2021. Transportation Assistant Secretary Steve Pastor said their target number in terms of overall length is at 535 kilometers, from the present 296 kilometers. Pastor added the Bayanihan to Heal as One Act (Bayanihan 2) allotted ₱1.1 billion for the building of bike lanes. " Itong Bayanihan 2 bike lanes po natin [These Bayanihan 2 ...
Davao City Metropolitan Manila Philippines General Metro Manila Itong Bayanihan Department Of Transportation Dotr

Houlton unveils Class of 2021 honor parts

HPT-HoultonHonorsKoretsky-041521 Dina Koretsky has been named valedictorian at Houlton Middle-High School for the Class of 2021. (Courtesy of Houlton-Middle High School) Dina Koretsky has been named valedictorian at Houlton Middle-High School for the Class of 2021. (Courtesy of Houlton-Middle High School) Houlton unveils Class of 2021 honor parts Contributed • April 20, 2021 Houlton Middle-High School  Principal Tim Tweedie released the student honor parts for the Class of 2021 at Houl...
United States New Limerick Rhode Island Colby College Houlton Elementary School University Of Maine

Accounting in a world reshaped by COVID-19

Accounting in a world reshaped by COVID-19 April 16, 2021 | 8:05 am Special Features Writer There are few things in history that have caused a titanic upheaval to modern society like the coronavirus disease 2019 (COVID-19). Aside from plunging the world economy into the worst global recession since the Second World War, according to the World Bank, the pandemic has also exacerbated the risks associated with a decade-long wave of global debt accumulation, as well as steepening the long-expected ...
Quezon City Wilfredoa Baltazar Bjorn Bielm Beltran Rodrigor Duterte Davidr Malpass Exchange Commission

DOH slammed for 'deserting' medical frontliners

(FILE PHOTO / MANILA BULLETIN) Villafuerte on Friday, April 16, specifically said that the DOH failed to fully equip the frontliners with personal protective equipment (PPEs) that are essential in their daily battle to save COVID-19 patients and their lives as well. The failure of DOH executives to use the P3 billion allotted in Republic Act (RA) No. 11494, or the “Bayanihan to Recover as One Act (Bayanihan 2), for the acquisition of PPEs “smacks of criminal neglect,” he added. Villafuert...
Camarines Sur Quezon City Benjamin Santos Luis Raymund Lray Villafuerte Maricar Limpin Cristy Donguines
Source: mb.com.ph

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