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Govt. asked to diversify trade mix with OPEC countries through hala



By Rose de la Cruz


Instead of just limiting its trade with Middle East oil producers, the government must intensify its halal exports to that region, with the market now estimated at $3.2 trillion.


The suggestion was made by Rep. Ron Salo of Kabayan partylist, as he urged the Philippines to leverage the competitiveness of its Halal-certified food products for exports  as one way to diversify and upgrade trade relations with OPEC (Organization of Petroleum Exporting Countries) beyond just petroleum. The Department of Trade and Industry estimated the size of the global halal market at $3.2…

Read more: Govt. asked to diversify trade mix with OPEC countries through hala

SMFI donates its 88th school building to Tuguegarao in its 60 years of operation



By Rose de la Cruz


Began in 2002, the school building (and improvement) program of SM Foundation Inc. has completed the donation of its 88th schoolbuilding to the province of Tuguegarao, actually the second it obtained from the foundation since Typhoon Lawin struck in October 2016.


Receiving the second school building donation from SMFI was Carig Elementary School, which was hardest hit by Lawin.


A grateful Tuguegarao City Mayor Jefferson Soriano said he would match the generosity of SM Prime and UBS Investments Philippines (the donors of the school building), through SMFI, by installing tiles…

Read more: SMFI donates its 88th school building to Tuguegarao in its 60 years of operation

Infra build-up leads to easing of unemployment


By Rose de la Cruz


Infrastructure build-up from both the public and private sectors helped ease unemployment rate in April 2018 with employment rising to 94.5 percent versus 94.3 percent a year ago, or an equivalent of 40.9 million Filipino finding jobs (from 40.2 million in 2017).


The National Economic and Development Authority said this would improve some more if the Ease of Doing Business law, which would boost manufacturing, comes into full implementation this year.


Net employment generation reached 625,000, reversing the loss recorded in April 2017.


“Employment grew partly…

Read more: Infra build-up leads to easing of unemployment

Fuel price unbundling must be fully transparent


By Rose de la Cruz


The planned fuel price unbundling must be accessible and totally transparent for the public and the auditors such that they must be made available to the desktop and mobile devices.


This was the proposal of Rep. Carlos Roman Uybarreta, 1st Consumer Alliance for Rural Energy partylist, as he said that the general public and must be subject for audit.


He welcomed the statement of Energy Secretary Alfonso Cusi that the DOE will come out with a policy on unbundling petroleum product prices. “We need to unbundle the prices. It has to…

Read more: Fuel price unbundling must be fully transparent

Firing of Philhealth OIC welcomed

y Rose de la Cruz


Rep. Milagros Aquino-Magsaysay today welcomed the firing by President Duterte of the officer in charge of Philhealth in view of reports that it had “miserably failed on its commitment and mandate to the senior citizens law.”


Aquino-Magsaysay of the Senior Citizens Partylist, had deplored the utter failure of the agency to cover the healthcare needs of over 1 million senior citizens as mandated by RA 10645 which provides for the automatic and universal coverage of Filipino elderly above 60 years old. The proceeds of RA 10351, or the Sin Tax Law, were…

Read more: Firing of Philhealth OIC welcomed

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Wednesday, 15 August 2018
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