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Cebu gets P454-M allocation out of DA's 2021 budget – Manila Bulletin

Published December 16, 2020, 6:30 AM The agriculture sector of Cebu, considered the ‘Queen City of the South’, will get an allocation of P454 million out of the Department of Agriculture’s (DA) budget for next year. This is to support the initiatives done to boost the agricultural output in the province, Agriculture Secretary William Dar said. Department of Agriculture Secretary William Dar (Department of Agriculture – Philippines / FACEBOOK / FILE PHOTO / MANILA BULLETIN) Right now, DA ...
William Dar Department Of Agriculture Communications Technology Service William Dar Department Of Agriculture Development Bank Queen City
Source: mb.com.ph

Velasco lauds House for swiftly passing bill that extends Bayanihan 2

Published December 15, 2020, 3:06 PM Speaker Lord Allan Velasco on Monday, Dec. 14, lauded members of the House of Representatives for their wholehearted cooperation in swiftly passing the bill proposing to extend the effectivity of COVID 19 appropriations under the Bayanihan to Recover as One Act or Bayanihan 2. Speaker Lord Allan Velasco (Lord Allan Velasco’s Office / FILE PHOTO / MANILA BULLETIN) The Lower House registered 179 affirmative and six negative votes to pass on third and final ...
Quezon City Eric Yap Rodrigo Duterte Paolo Pulong Duterte Ferdinand Martin Romualdez Committee On Appropriations
Source: mb.com.ph

Daza embraces devil's advocate role in Bayanihan 2 extension talk

Northern Samar 1st district Rep. Paul Daza (Facebook / FILE PHOTO / MANILA BULLETIN) The measure, designated as House Bill (HB) No.8063, was passed on third and final reading by plenary at around 10 p.m. Monday via 179-6-0 (yes-no-abstain) vote, after having been certified as an urgent bill by Malacañang. Just two hours earlier in an impromptu virtual hearing of the Committee on Appropriations, Daza–seemingly confused as to the purpose of the hearing–questioned why the panel was deliberat...
Quezon City David Suarez Paul Daza Paul Daza Facebook Committee On Appropriations Department Of Budget
Source: mb.com.ph

Sen. Go calls for massive info campaign on safe, effective COVID-19 vaccines

Senator Christopher Lawrence “Bong” Go (OFFICE OF SEN. BONG GO / FILE PHOTO / MANILA BULLETIN) Go, chairman of the Senate health and demography committee, emphasized the need to inform the public on the various modes of procurement — as well as plans on the eventual distribution and use — until expected full recovery through ‘herd immunity’ is achieved when the COVID-19 vaccine roadmap is properly implemented.  “ Huwag nating pabayaan ang mga ordinaryong Pilipino. Bigyan dapat n...
Davao City Quezon City Pangulong Duterte Carlito Galvez Jr Duterte Administration Christopher Lawrence Bong Go
Source: mb.com.ph

Press Release - Bong Go urges gov't to conduct massive information campaign to allay fears and build public confidence on the COVID-19 vaccine roadmap

December 15, 2020 Bong Go urges govt to conduct massive information campaign to allay fears and build public confidence on the COVID-19 vaccine roadmap To boost public confidence and awareness on the COVID-19 vaccine roadmap, Senator Christopher "Bong" Go on Monday, December 14, urged the national government to conduct a massive information campaign to educate the public on the ongoing process that government is taking to secure safe and effective COVID-19 vaccines for Filipinos. He emphasized ...
Davao City Quezon City Pangulong Duterte Noche Buena Rodrigo Duterte Carlito Galvez Jr

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House OK's extending validity of 2020 budget

BusinessWorld December 15, 2020 | 12:32 am THE HOUSE of Representatives on Monday approved on third and final reading the bill extending the validity of the 2020 national budget until end-2021, in a bid to continue providing much-needed financial aid for sectors hammered by the coronavirus pandemic.  With 221 affirmative votes, six negatives, and zero abstention, lawmakers passed House Bill No. 6656, which aims to extend the availability of this year’s budget until Dec. ...
Quezon City Stella Luza Quimbo Rodrigor Duterte House Stimulus Committee Development Budget Coordination Committee House Bill

Duterte certifies as urgent extended validity of 2020 budget, Bayanihan 2

Duterte certifies as urgent extended validity of 2020 budget, Bayanihan 2 enablePagination: false endIndex: Metro Manila (CNN Philippines, December 14) — President Rodrigo Duterte has certified as urgent measures seeking to extend the validity of the 2020 General Appropriations Act and the Bayanihan to Recover as One Act, which are both expiring this month. Shortly after the Palace’s announcement, the House of Representatives approved on third and final reading House Bill No. 6656, which s...
Metro Manila Philippines General Quezon City Rodrigo Duterte Budget Department House Committee On Appropriations

DA-BFAR to boost aquaculture production through the Bayanihan 2 stimulus package

QUEZON CITY, Dec. 14 --The government, through the Department of Agriculture’s Bureau of Fisheries and Aquatic Resources (DA-BFAR), is set to further develop the country’s aquaculture industry through the Bayanihan to Recover as One Act or Bayanihan 2’s stimulus package.   The stimulus package worth Php 500 million, which will fund culture of certain fish and aquatic species with good market potential such as glass eels, sea urchins, and seaweeds; and establish multi-species hatcheries a...
Cagayan Valley Philippines General Camarines Sur North Cotabato Davao Oriental Quezon City
Source: pia.gov.ph

DOLE ready to assist displaced tourism workers, says Bello

Published December 14, 2020, 4:41 PM The Department of Labor and Employment (DOLE) said affected establishments under the tourism sector that implemented Flexible Work Arrangements (FWAS) or Alternative Work Scheme (AWS) that resulted in a reduction or loss of regular income or wages for its employees for the duration of community quarantine may apply for their workers’ financial assistance.  (MANILA BULLETIN FILE PHOTO) The DOLE said this is for a more “inclusive implementation of the fin...
Quezon City Adjustment Measures Program Amelioration Program Department Of Tourism Labor Department Department Of Labor
Source: mb.com.ph

Fiscal relief and accounting considerations on the road to recovery

(First of two parts) According to the Organisation for Economic Co-operation and Development (OECD) Economic Outlook Interim Report issued in September, global economic output collapsed in the first half of 2020, but recovered swiftly following the easing of measures to contain the COVID-19 pandemic and the initial re-opening of businesses. The report also noted that what prevented greater economic decline were economies that introduced prompt and effective policy support to cushion the blow to...
Quezon City Rosaliet Lapuz Bangko Sentral Leomarg Velez Interpretations Committee International Financial Reporting Standard

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