AS the inflation rate decelerated to 2.8 percent in January, an economist-lawmaker expressed optimism about the economic outlook for the year, saying this year’s food prices would likely be an improvement over 2023, with positive implications for economic growth and real wages. House Committee on Ways and Means Chairman Joey…
LOCAL economists have raised alarm bells over the Corporate Recovery and Tax Incentives for Enterprises Maximize Opportunities for Reinvigorating the Economy (Create More) bill, saying this may only allow businesses to keep their incentives longer. In a statement on Tuesday, Action for Economic Reforms (AER) said the Senate should protect…
THE Commission on Elections on Monday announced it has suspended indefinitely all of its activities related to the People’s Initiative (PI), including accepting signature sheets. In a press conference, Comelec Commissioner George M. Garcia said the Comelec en banc made the decision through a new memorandum so they can address…
ADVOCATES for the people’s initiative (PI) have successfully gathered signatures from 12.1 percent of voters, surpassing the required threshold for a direct constitutional amendment, House Committee on Ways and Means Chairman Joey Sarte Salceda claimed on Wednesday. A day after all 24 senators endorsed a manifesto rejecting the ongoing alleged…
THE two chambers of Congress appeared headed for a legal battle on Tuesday after all 24 senators signed a manifesto rejecting People’s Initiative as a way to push for Charter change, which Senate President Juan Miguel Zubiri described as an effort to destabilize the bicameralism of the Senate and House of…