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Sack underperforming execs, DA chief urged

By The Manila Times August 13, 2019 FARMERS’ group Samahang Industriya ng Agrikultura (Sinag) said acting Agriculture Secretary William Dar should replace underperforming officials of the Department of Agriculture (DA) to ensure that programs and initiatives under his leadership are properly implemented. Acting Agriculture Secretary William Dar speaks during a …

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DoF highlights H1 accomplishments

By BEN KRITZ, TMT August 13, 2019 Revenue, policy gains made in less-than-ideal conditions, but challenges remain IN spite of a budget impasse which virtually halted progress toward the government’s objectives for the first six months of the year, the Department of Finance (DoF) was able to record some notable …

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China’s Xi gets tougher on Trump after new tariff threat

U.S. President Donald Trump, left, shakes hands with Chinese President Xi Jinping during a meeting on the sidelines of the G-20 summit in Osaka, Japan, Saturday, June 29, 2019. (AP Photo/Susan Walsh) Joe McDonald, The Associated Press Published Tuesday, August 13, 2019 1:02AM EDT Last Updated Tuesday, August 13, 2019 …

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Lipad to lead Clark airport’s O&M soon

By LISBET K. ESMAEL August 12, 2019 Luzon International Premier Airport Development Corporation (Lipad) would soon start leading the operations and maintenance (O&M) of Clark International Airport, the Department of Transportation said. Transport Secretary Arthur Tugade said recently the government would turnover the O&M to Lipad, formerly North Luzon Airport …

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4Ps-type program pushed for farmers

By EIREENE JAIREE GOMEZ August 12, 2019 THE Departments of Finance (DoF) and Agriculture (DA) is working on the implementation of an assistance program to help rice farmers suffering from low prices of palay (paddy rice) as a result of the new rice regime. The initiative was said to have …

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Sideways trading amid absence of clear leads

By ANGELICA BALLESTEROS, TMT August 12, 2019 THE stock market is expected to continue trading sideways this week over the lack of catalyst to buoy sentiment. In a comment over the weekend, P2P Trade Online sales associate Gabriel Jose Perez said market “could remain sideways in the near-term as the …

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More sin taxes govt’s priority

By MAYVELIN U. CARABALLO, TMT August 12, 2019 The Department of Finance (DoF) will prioritize the passage of additional “sin” taxes under the Package 2 Plus B of the Comprehensive Tax Reform Program (CTRP), Secretary Carlos Dominguez 3rd said late last week. “I want to get the ones that have …

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Inflation slowdown to continue – DoF

By MAYVELIN U. CARABALLO, TMT August 12, 2019 Inflation rate will continue to decelerate in the coming months to hit the lower end of the government’s assumption for the full year average, a senior Department of Finance (DoF) official said. In an interview late last week, Finance Undersecretary Gil Beltran …

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Narrow PH budget deficit seen in 2019

By MAYVELIN U. CARABALLO, TMT August 12, 2019 The Philippine government is likely to post a narrow fiscal deficit this year because of the delayed approval of the 2019 national budget, Moody’s Investor Service said. “We expect the fiscal deficit to narrow significantly to around 2 percent of GDP (gross …

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