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‘I will sign it as soon as I get it’

Photo Credit: CNN Philippines PRESIDENT Ferdinand Marcos Jr. on Thursday is planning to sign the bill establishing the Maharlika Investment Fund as soon as it reaches his office. “I will sign it as soon as I get it,” the Chief Executive said at the sidelines of the 85th anniversary celebration …

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Junk food, softdrinks tax eyed

Gov’t aims to curb people’s poor diet, raise funds for vital projects The government will push for the passage of new revenue measures that include additional taxes on sweetened beverages and junk food within the year, Budget Secretary Amenah Pangandaman said Wednesday. The target would be to have the new …

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2.5m removed from power subsidy program

About 2.5 million customers of Manila Electric Co. (Meralco) may stop enjoying subsidized power rates as distribution utilities process applications for eligibility under the New Lifeline Rate Program. Meralco head of utility economics Lawrence Fernandez said the numbers may be high, as the company has about 7.6 million customers but …

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Marcos warns PH soil ‘under threat’

President Ferdinand Marcos Jr. on Wednesday called for increased collaboration among various stakeholders to avert future crises, recognizing the threat posed by soil neglect to national food security and people’s livelihood and well-being. Among the growing soil problems in the country are degradation, acidification, and pollution, the President said. “[About …

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PH rolls out bivalent COVID-19 vaccine

President Ferdinand Marcos Jr. on Wednesday led the vaccination of healthcare workers against COVID-19 using bivalent vaccines to protect the vulnerable sector and as a way of honoring the frontliners “who have worked hard so that the world could return to a state of normalcy.” In his speech during the …

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PH, China fishing talks improve

Marcos: Chinese vessels just tail, no longer block Filipino ships President Ferdinand Marcos Jr. on Tuesday said fishing talks between the Philippines and China have progressed, despite recent reports of Filipino fishermen being blocked by Chinese vessels off Pag-asa Island, and the latest incident in which a Chinese military ship …

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