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Congress Tackles Agri Budget on Food Security and Poverty Reduction

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  • Wednesday, 22 October 2014 03:18

The National Food Authority’s (NFA) Proposed Budget is Php 4.250 B that covers the stabilization of supply and prices through procurement and distribution, decoupling regulatory and proprietary functions and fixed costs reduction.

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OPAPP positive for BBL’s Passage

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  • Tuesday, 21 October 2014 10:03

As much as the administration expects a positive deliberation in Congress, it is important to highlight the concrete measures that the national government plans to do if the bill is enacted into law.

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Peace and Order in PH, how safe are we?

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  • Tuesday, 07 October 2014 02:12

The Armed Forces Modernization Program will have a shortfall of P20.8 billion both in 2014 and 2015. According to PL Magdalo Rep. Ashley Acedillo, the AFP requested for a budget of P24 billion for 2014 and P26.8 billion for 2015 for the said program but both amounts were not approved by the Department of Budget and Management, saying that the government has other priorities to give funding support to.

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DTI seeks P93-M for Negosyo Center program

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  • Friday, 03 October 2014 01:59

As to the problem with port congestion, DTI boasts that the country’s exports grew by 8.4% as of the last seven months of 2014. Also, because of the continued rise in investment approvals of BOI-PEZA, investment grew by 50% within three years—from P506 Billion in 2010 to P742 Billion in 2013.

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Port Congestion to extend until first quarter of 2015

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  • Wednesday, 01 October 2014 06:21

Around 4,500 containers are released per day but the same number is also being brought in resulting to a 5,000 pile-up a week. There is a total backlog of 20,000 containers at the ports and a total of 80,000 containers occupying the Manila ports alone.

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10% Tax on Sodas sought

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  • Tuesday, 16 September 2014 08:06

HB 3365 cites that the amount to be collected from the tax on soft drinks would be allocated for the Rehabilitation Fund for victims of calamities and rehabilitation programs such as livelihood development, mass housing, road construction and other infrastructure projects in the affected areas.

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Judiciary Gets 38% Less in 2015 NEP

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  • Wednesday, 10 September 2014 09:32
The Judiciary’s share in the National Expenditure Program (NEP) fell short by P12.38 billion or 38% less than the proposed. In the budget hearing held at the House of Representatives, Deputy Court Administrator Raul Villanueva proposed P32.66 billion for the entire Judiciary in the 2015 Budget, noting that the NEP only allocated P20.29 billion.
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DOT Targets 6.8 Million Visitors in 2014

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  • Monday, 08 September 2014 02:43

Despite missing its target last year, the Department of Tourism (DOT) is confident that visitor arrivals will reach 6.8 million this 2014.

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Full Disclosure on Surveys Sought

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  • Thursday, 14 August 2014 02:24

Pollsters may face up to one year imprisonment or a fine not less than P20,000 if they do not reveal the complete source of funding for surveys which are disseminated to the public.

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Aquino Sinks to Lowest Yet

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  • Tuesday, 05 August 2014 10:09

The second quarter of 2014 saw President Benigno Aquino III’s lowest performance ever in survey ratings by research firms Pulse Asia and Social Weather Stations (SWS) since he took office in 2010.

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