Majority and minority congressmen have hailed the House of Representatives commitment to fully pay the P12.3 billion owed to state universities and colleges (SUCs) for the implementation of the Republic Act (RA) No.10931 or the Universal Access to Quality Tertiary Education Act. In the marathon...
President Marcos has assured farmers affected by recent typhoons in La Union that opportunities will be given to them to recover from their losses. "[M]araming oportunidad na ating ibinibigay sa ating mga kasama upang… Kaya naman e, tinamaan tayo ng bagyo, tinamaan tayo ng sakuna ay sana naman e,...
The Department of Agriculture (DA) is looking forward to a proposed ₱20-billion annual investment in the livestock sector, which will take effect once signed into law by President Ferdinand R. Marcos Jr. before the month of September ends. Speaking at a breakout session of the Arangkada...
The Philippine National Police (PNP) said Friday, Sept. 26, that it has extended security and investigative assistance to the Independent Commission on Infrastructure (ICI) in its ongoing probe into alleged irregularities in flood control projects across the country. Acting PNP Chief Police...
Chinese Ambassador to the Philippines Huang Xilian has officially ended his nearly six-year tour of duty in the country, which he described as an "unforgettable and truly extraordinary journey." Huang served as China 's envoy to the country for five years and 10 months, making him the...
President Marcos announced that P36 billion previously earmarked for flood control projects will be redirected to social welfare initiatives under the Department of Social Welfare and Development (DSWD) amid the ongoing corruption controversy. Marcos said this as he led the awarding of the Huwarang...
President Marcos has ordered the establishment of a floor price for palay to protect farmers from traders who buy their harvest at unreasonably low rates. In a Palace meeting on Thursday, Sept. 25, Marcos directed the Department of Agriculture (DA) to coordinate with the Office of the Executive...
Soon after Congress convenes every July, the President submits a proposal to the House of Representatives that details what the government needs to operate and to implement projects in the coming year; the revenues that it expects to generate; and how much it needs to borrow to cover the proposed...
The international financial community, including credit rating agencies, is closely monitoring the unfolding events of the “flood-gate” scandal that is currently rocking the nation and sending investors to the sidelines. Yes, Virginia, a significant slowdown in foreign direct investments has...
While government debt continued to pile up, private businesses and individuals in the Philippines held back on borrowings amid conditions not too conducive to debt accumulation. The latest data from the Washington-based Institute of International Finance (IIF), released on Thursday, Sept. 25,...
Former Cabinet Secretary Rene Almendras is urging the government to expand the Philippines’ bilateral agreements with trading partners to increase potential investment sources, amid growing protectionist policies. Almendras, who was presented with the Arangkada Lifetime Achievement Award on...
DAVAO CITY – A flood control structure worth P96.5 million in Jose Abad Santos town, Davao Occidental province was exposed as a ghost project following an inspection by the Independent Commission for Infrastructure (ICI) and the Department of Public Works and Highways (DPWH) on Thursday. During a...
