THE CENTRAL BANK'S enforcement operations led to the confiscation of over 500 counterfeit notes valued at P480,000.THE BANGKO SENTRAL ng Pilipinas (BSP) implemented seven enforcement operations in the first nine months against currency counterfeiters. This led to the seizure of more than 500 pieces of counterfeit Philippine banknotes with a notional value of more than P480,000, it said in a ...

A LEGISLATOR called for the passage of a bill proposing to repeal a Presidential Decree that automatically allocates funds to service the national debt, saying that the government must prioritize spending on social services. Bayan Muna Rep. Ferdinand R. Gaite called on Malacanang and Congress to back House Bill 4087, or the Repeal the Automatic Appropriation for Debt Service Bill, ...

PHILSTAR THE Inter-Agency Energy Efficiency and Conservation Committee (IAEECC) said it will require government agencies to install upgraded cooling systems that are in compliance with the prevailing MEPP standard. "All government entities shall ensure that only energy-efficient inverter type air-conditioning units that are compliant with the Minimum Energy Performance for Products (MEPP) shall be installed or used in their buildings, ...

PHILSTAR By Bianca Angelica D. Anago A PROJECT supported by the German government proposes to install solar panels in at least 50 public schools and three public hospitals in Quezon City, with a target of generating 3 megawatts (MW) from the panels to be installed. The German government will support the project via its C40 Cities Finance Facility (CFF) and ...

A PROPOSED black sand mining project in the Lingayen Gulf is expected to negatively affect the area's tourism industry, a marine scientist said. Fernando P. Siringan, a professor at the University of the Philippines Marine Science Institute, said during a virtual briefing organized by food security advocacy group Tugon Kabuhayan Monday, said mining will cause the clarity of the water ...

With the government hard-pressed for funds to finance economic recovery programs, much of the burden falls on the Bureau of Internal Revenue (BIR) to increase tax collections. It is no wonder that BIR audits are proliferating like TikTok videos. For taxpayers, one of the most common fears is being subjected to a BIR audit. Such audits not only entail substantial ...

PHILIPPINE STAR/ MICHAEL VARCAS By Kyle Aristophere T. Atienza, Reporter MANILA, the capital and nearby cities are now at low risk from the coronavirus amid decreasing infections, researchers from the country's premier university said on Monday. The infection rate in the National Capital Region (NCR) had fallen to 5%, while only 30% of its healthcare system was being used, OCTA ...

A GOVERNMENT economic adviser on Monday cited the need to require workers in some businesses to get vaccinated against the coronavirus. These include workers at restaurants and spas, which only accept fully vaccinated customers, presidential adviser on entrepreneurship Jose Ma. "Joey" Concepcion III told the ABS-CBN News Channel. "Restricting the movement of the unvaccinated is protecting their own life," he ...

PHILIPPINE STAR/ MICHAEL VARCAS THE TOP diplomat of the Philippines appealed to developed countries to take concrete action and fulfill commitments as typhoon-prone nations suffer the most from climate change. "Those who have greater capacity to absorb the brunt of hard solutions, take it and help those with less capacity, who even now are taking as much of the brunt ...

DENR THE TOURISM department is now offering free swab tests to domestic travelers as more areas across the country drop the requirement of a negative coronavirus result for those who are fully vaccinated. "We decided to subsidize their RT-PCR tests 100%, so starting Nov. 1, it would cost zero," Tourism Secretary Bernadette Romulo-Puyat said in a statement on Monday. The ...