NEDA delighted by PH credit rating upgrade

 

By Rose de la Cruz

 

Socioeconomic Planning Secretary Ernesto M. Pernia said he welcomes the raising of Philippine credit rating to stable or “good quality” (BBB) from the previous BBB- by Fitch Ratings.

 

“This news is a welcome development especially at a time that we are seeing a sustained improvement in government spending. The upgraded rating reflects the steady and strong economic performance of the Philippines and the firm confidence of investors,” Pernia noted.

 

“This positive outlook and ratings from global credit watchers encourages the whole of government to be more efficient and swift in executing…

Read more: NEDA delighted by PH credit rating upgrade

Wendell Ramos weds longtime beau

 

 

By Boy Villasanta

 

Straight from the fiesta of the eve of Our Lady of Loreto’s parish fiesta in Sampaloc, Manila where Wendell Ramos spent most of his youth, the actor made second matrimonial vows when he tied the knot with his longtime girlfriend Kai Guevarra Saturday afternoon at the National Shrine of Mary Help of Christians in Parañaque City.

            Wendell and Kai finally decided to make official their bond when they were already certain about their stability as persons in love, according to most of their friends and associates.

            Among the sponsors in the nuptials…

Read more: Wendell Ramos weds longtime beau

Bong Revilla’s sis celebrates birthday in his detention cell

 

By Boy Villasanta

 

It’s next to impossible to secure a permit from authorities to visit Ramon “Bong” Revilla, Jr. at the Philippine National Police Custodial Center in Camp Crame. Add to that, attempts to phone patch with a visitor inside his cell is absolutely impossible as cell phones are banned inside.

 

            It was Bong’s sis Andrea Bautista-Ynares’ birthday Sunday afternoon but we didn’t have the official pass to be able to greet her and him.

 

            But according to veteran entertainment writer Alice Vergara, the actor promised that we’d be allowed to meet up with…

Read more: Bong Revilla’s sis celebrates birthday in his detention cell

Be not deceived by beverage lobbies against beverage tax, Rep. Belaro

 

By Rose de la Cruz

 

Rep. Salvador Belaro Jr., 1-Ang Edukasyon Partylist, author of bills on healthy drinks and school nutrition, asked the public, particularly the students and sari sari store owners, not to believe in the campaigns of beverage companies against the beverage tax and citing the health benefits of softdrinks on nutrition.

 

In a statement, Belaro said “1-Ang Edukasyon Party-list has long campaigned for better nutrition for Filipinos especially students and the youth. The proposed beverage tax in the TRAIN tax reform bill and the various school nutrition bills I filed are proof of…

Read more: Be not deceived by beverage lobbies against beverage tax, Rep. Belaro

Govt. spending up by 28% in October

 

By Rose de la Cruz

 

Government spent a total of P226.9 billion in October, up by 28.2 percent, the highest growth recorded this year. Its cumulative January to October expenditure rose to P2.241 trillion, or an increase of 10 percent year on year.

 

The jump was traced to the current operating expenditure, which rose by 35.2 percent to P164.1 billion in October driven by the growth in maintenance and other operating expenditures, which grew by 111 percent reaching P40.4 billion.

 

This was traced to the release of cash assistance under…

Read more: Govt. spending up by 28% in October

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