Nearly 300,000 job order (JO) and contract of service (COS) workers in government will be affected by President Marcos ' veto of a specific item listed under unprogrammed appropriations (UA) of the P6.793-trillion General Appropriations Act (GAA) of 2026. Thus, said House Deputy Minority...
The Philippine Chamber of Commerce and Industry (PCCI) said the private sector is bearing the consequences of the corruption scandal in flood control projects, with some businesses reporting decreased productivity. PCCI President Ferdinand Ferrer said the billions of pesos allegedly pocketed by...
The Board of Investments (BOI) is now scrambling to fulfill its incentive agreement with automotive manufacturers after the ₱4.32-billion budget for the Comprehensive Automotive Resurgence Strategy (CARS) program was cut from the 2026 national budget. The CARS program was one of the seven...
Allied Manufacturing Corp. Asia Pacific Pty Ltd. and Alphabet Inc.’s Google are establishing a Chromebook production facility in Camarines Sur, a move intended to bolster the nation’s hardware supply chain and modernize its public education system. The manufacturing plant will be situated...
The peso weakened to the ₱59 level against the dollar to open the trading week as escalating geopolitical tensions between the United States (US) and Venezuela spurred safe-haven demand for the greenback. Local sentiment was further dampened by a more pessimistic medium-term economic outlook from...
Senator Paolo "Bam" Aquino said on Monday, Jan. 5, that the signing of the 2026 national budget into law ensures that vital education programs, such as the construction of classrooms and the implementation of the school-based feeding program, will be adequately funded and properly implemented....
The Marcos administration started the year with higher borrowings, raising ₱34.2 billion, exceeding the planned ₱27 billion amid the United States (US) strike against Venezuela, which kept the market cautious. During the latest T-bill auction on Monday, Jan. 5, the Bureau of the Treasury (BTr)...
The Indonesian Embassy in Manila hosted a diplomatic reception at the New World Hotel Makati to mark two historic milestones: the 80th Anniversary of Indonesia’s Independence and the 76th Anniversary of Indonesia–Philippines bilateral relations. The evening brought together dignitaries,...
The real fight against corruption is not carried out through a debate, Malacañang said, shutting down former politician Chavit Singson 's dare for President Marcos to engage in a debate. "Ang paglaban sa korapsyon ay hindi dinadaan sa debate kundi sa pag aksyon para mapanagot ang dapat...
The Armed Forces of the Philippines (AFP) said on Monday, Jan. 5, that the arrest of retired Philippine Air Force (PAF) Major General Romeo V. Poquiz was carried out through lawful means which reflects the “primacy of the rule of law and the authority of established legal institutions.” In a...
President Marcos has a total of P4.5-billion confidential and intelligence fund under the 2026 national budget. Executive Secretary Ralph Recto said the Office of the President (OP) has the same amount of confidential and intelligence funds as last year. Despite public clamor over secret funds, the...
House Speaker Faustino "Bojie" Dy III has vowed strict congressional oversight following President Marcos ' signing of the ₱6.793-trillion General Appropriations Act (GAA) for 2026. Dy, who personally witnessed the signing of the fresh national budget in Malacañang on Monday morning, Jan....
