Tag: urged
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P9 Billion Pasay City budget for 2025 questioned; call for transparency in health services funding urged
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Pasay City Councilor and Mayoral candidate Wowee Manguerra expressed alarm over the “bloated” budget of the city for 2025, amounting to P9 billion, with a significant portion allocated to the City Health Office and Pasay General Hospital. According to Manguerra, it is puzzling that the Pasay City Government is allocating…
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Gov’t urged to look for new sources of revenue
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THE NATIONAL GOVERNMENT (NG) should look for new sources of revenues and improve tax administration, as it seeks to reduce dependence on borrowings to fund the national budget, lawmakers and analysts said over the weekend.
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Firms urged to boost IT contingency plans after global tech outage
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THE GLOBAL tech outage caused by a botched software update by a cybersecurity firm CrowdStrike Holdings, Inc. has highlighted the need for companies to enhance and strengthen their information technology (IT) contingency plans, analysts said.
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Gov’t urged to prepare for expected surge in rice imports
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THE MARCOS ADMINISTRATION should ensure that the lower tariffs on imported rice will not result in a further decline in rice self-sufficiency, the Philippine Chamber of Agriculture and Food, Inc. (PCAFI) said. In a letter to President Ferdinand R. Marcos, Jr., PCAFI President Danilo V. Fausto aired the group’s “grave…
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PHL urged to implement ‘smart’ policies to achieve double-digit growth
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THE PHILIPPINES should implement “smart” policies that address challenges in power, infrastructure and defense sectors in order to fuel double-digit economic growth, Denmark’s ambassador to the Philippines said on Tuesday. In his keynote speech at the 45th National Conference of Employers on Tuesday, Ambassador Franz-Michael Skjold Mellbin said that he…
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Gov’t urged to boost education spending as students fare badly in latest PISA study
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THE PHILIPPINE government should boost spending on its public education system, arts and technology, as well as improve on-the-job training programs for students after a global study found Filipino students among the worst in the world in creative thinking, according to economists and education experts.
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Lawmakers urged to consider policy costing before approving new laws
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LAWMAKERS must consider the cost of proposed laws to ease pressure on the government’s finances, according to a think tank attached to the House of Representatives. “The Philippines presently has no office designated to do policy costing,” the Congressional Policy and Budget Research Department (CPBRD) said in a discussion paper.…
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ERC urged to hike reserve power capacity
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THE ENERGY REGULATORY Commission (ERC) should raise the required reserve power capacity of the grid to prevent more outages in the future, an energy think tank said. “Having an increased reserve power capacity in the grid can mitigate strains and potential power outages by ensuring a greater backup power supply…