The Department of Economy, Planning, and Development (DEPDev) has issued updated guidelines for the evaluation and approval of major government programs and projects (PAPs) by the interagency Investment Coordination Committee (ICC), streamlining procedures while strengthening the rigor of review...
Despite the corruption scandal surrounding flood control projects and the possibility of further unrest in the coming months, the economic impact on the Philippines is expected to remain limited, according to think tank Capital Economics. In an Oct. 8 report, Capital Economics deputy chief emerging...
The Department of Education (DepEd) on Thursday, October 9, announced the launch of a new digital planning web tool and school safety guidebook aimed at strengthening disaster preparedness and response in schools nationwide. The initiative, rolled out after the recent 6.9-magnitude earthquake in...
President Marcos has signed a law that aims to establish more Philippine Science high schools and increase the number of students pursuing Science, Technology, Engineering, and Mathematics (STEM) careers. On Oct. 3, Marcos signed Republic Act (RA) No. 12310 or the “Expanded Philippine Science...
Palace Press Officer and Communications Undersecretary Claire Castro once again clarified that Baguio City Mayor Benjamin Magalong "voluntarily" resigned as special adviser of the Independent Commission for Infrastructure (ICI). Hoping to put an end to the issue concerning Magalong 's exit...
Malacañang said the Independent Commission on Infrastructure (ICI) may also look into other questionable infrastructure projects flagged by Congress, once supporting documents are submitted. Communications Undersecretary Claire Castro said this after separate congressional actions raised questions...
Bicol Saro Party-list Rep. Terry Ridon has challenged Securities and Exchange Commission (SEC) Chairperson Francis Lim 's hot take that the flood control projects corruption scandal triggered the significant decline in the Philippine Stock Exchange index (PSEi). In a statement Thursday...
It is easier to know those who are not guilty than those who are when it comes to assessing the number of government officials involved in corruption, Senate President Pro Tempore Panfilo “Ping” Lacson said on Thursday, October 9. Lacson said this after he and his staff reviewed...
Neophyte Iloilo City Mayor Raisa Treñas, the daughter of former Mayor Jerry Treñas, has drawn flak for shouting several times in her first-ever State-of-the-City Address (SOCA). “It was never about politics!” a visibly angry Treñas said with a high-pitched voice on Wednesday, Oct. 8. Mayor...
Newly-appointed special adviser for Independent Commission for Infrastructure (ICI) Rodolfo Azurin on Thursday, Oct. 9, vowed that no area in the Philippines will be spared from the body 's investigation in relation to the anomalous flood control projects. "Definitely, hindi tayo papayag....
Malacañang said the first-ever joint military exercises between the Philippines and Japan are a reaffirmation of both nations’ shared commitment to peace, cooperation, and readiness—not merely an act of defense. In a press briefing on Thursday, Oct. 9, Communications Undersecretary Claire...
The proposal to grant a one-month income tax holiday for workers must undergo a thorough review to determine whether it is doable or not, Special Assistant to the President for Investment and Economic Affairs Secretary Frederick Go said. Go said the proposal is "very new," so it should be...
