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Bicam approves proposed P2.6-T national budget for 2015

MANILA (Mabuhay) – In a meeting that lasted less than five minutes, the bicameral conference committee on Wednesday approved the proposed P2.606-trillion 2015 national budget. In an interview with reporters, Senator Francis Escudero, chairman of the finance committee, said the...
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Hagupit sparks calls for climate action

While loved ones braced for the full impact of Typhoon Hagupit back home, Filipino activists in Lima urged climate negotiators Saturday to act with more urgency in drafting a global plan to limit such potentially life-threatening events. “To us in […]
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Sin tax law fails to finance the universal health care program

MANILA (Mabuhay) – Lawmakers have filed a measure calling for a congressional inquiry into the alleged failure of the government to allocate a big part of the revenue collection from Republic Act 10351 or the Sin Tax Law to finance […]
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Bongbong questions P12.9B budget for projects not under DILG’s mandate

MANILA (Mabuhay) – Senator Ferdinand “Bongbong” Marcos Jr. on Monday night questioned the P12.9 billion allotment for water supply, low-cost housing and other projects to the Department of Interior and Local Government (DILG) which were contained in the errata submitted...
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Fil-Am business leaders converge in Metro Manila, Central Luzon for upbeat trade mission

Filipino-American business leaders and executives of Fortune 500 companies in the US flocked to Manila on Friday for a 10-day Trade, Investment and Tourism tour of Metro Manila and Central Luzon. “Sixty Filipino business and community leaders, along with American […]
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DOF: Easing inflation to boost PHL growth

MANILA (Mabuhay) – The slowdown in inflation in September will help boost the country’s economic growth in the second semester of the year, Finance Usec. and Chief Economist Gil Beltran said Thursday. Beltran said the easing inflation allows the Bangko […]
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ADB lowers PHL growth forecast in 2014, 2015 due to inflation, gov’t spending

MANILA (Mabuhay) – The Asian Development Bank (ADB) has lowered the growth outlook for the Philippines, citing a slowdown in government spending, higher inflation and monetary tightening, all of which may dampen economic activity. In the latest edition of Asian […]
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In search of a good leader

The presidential election is still two years away, but the people are already excited about electing someone who can pluck the country from its present economic stagnation and institute meaningful reforms in government. Sad to say, however, the Filipino people […]
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Drilon denies receiving P1-B from DAP

MANILA (Mabuhay) – Did Senate President Franklin Drilon get a P1 billion allocation from the disbursement acceleration program (DAP)? According to Drilon, reports that he received such an amount are lies. “This is a blatant lie, and I will not […]
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Roxas defends lump sum funds in proposed 2015 DILG budget

MANILA (Mabuhay) — Secretary Manuel Roxas II on Wednesday defended the alleged controversial item in the proposed P104.5 billion budget of the Department of Interior and Local Government for 2015. At the hearing of the House committee on appropriations on […]
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