The Washington-based multilateral lender International Monetary Fund (IMF) sees the narrowing of Philippine debt relative to the size of the economy being delayed until it reaches 60 percent, with the proposed revenue-generating general tax amnesty (GTA) among the measures seen as offering limited...
Low- to lower-middle-income families will soon be eligible to purchase subsidized rice at ₱ 20 per kilo, as the government plans to grant 15 million households access to cheap rice in the year ahead. In pursuit of the promise of President Marcos, the Department of Agriculture (DA) plans to...
President Marcos has urged Filipinos to remember those who are in most need, calamity-stricken, and marginalized as they celebrate Christmas. "As we enjoy our gatherings, let us also remember those who are in most need of our compassion and generosity-the poor, sick, calamity-stricken, and...
Senators on Wednesday, December 24 lauded President Ferdinand “Bongbong” Marcos Jr.’s decision to sign the P6.793-trillion in the first week of January. Senate President Pro Tempore Panfilo "Ping" M. Lacson said a briefly reenacted budget would be preferable than rushing the passage of the...
The United States Department of Agriculture (USDA) will conduct a trade mission to the Philippines in April next year as part of the Trump administration’s ongoing drive to expand agricultural exports to the country. In a Dec. 23 statement, the USDA said it will hold six agribusiness trade...
The Department of Transportation (DOTr) said some of the world’s largest railway operators are interested in bidding for the ₱229-billion concession deal to operate and maintain the North-South Commuter Railway (NSCR). Acting Transportation Secretary Giovanni Lopez said the pre-bid conference...
President Marcos can no longer meet the deadline of passing the proposed national budget into law before this year ends as he is expected to sign in into law during the first week of January next year. Executive Secretary Ralph Recto disclosed this to Malacañang reporters on Christmas eve, Dec....
Investment pledges approved by the Philippine Economic Zone Authority (PEZA) for the year jumped by 22 percent to more than ₱260 billion from last year, reflecting investor confidence in the country’s ecozone system amid domestic and external headwinds. In a statement, the investment promotion...
Improved revenue collection is expected to follow suit as early as the first quarter of 2026 once the Philippine government succeeds in prosecuting individuals involved in the misuse of the flood control budget, recouping lost funds, and reforming practices in public works. Finance Secretary...
President Marcos took a brief break from pressing national concerns as he shared what he thought about frequent issues related to the Filipino culture of celebrating Christmas. In his recent vlog released on Tuesday, Dec. 23, Marcos responded to humorous questions from netizens, sharing practical...
Filipinos were urged by President Marcos to be mindful of their health and safety while celebrating Christmas. In his vlog released on Tuesday, Dec. 23, Marcos reminded the people to be careful while driving, avoid excessive eating during parties and gatherings, and do away from harmful...
The national government’s fiscal deficit widened to ₱1.26 trillion in the first 11 months of the year, up from ₱1.18 trillion in the same period last year, as long-term mismatch between spending and revenue collection persisted despite a sharp narrowing of the gap in November. Data released...
