Nearly half a trillion pesos in total payments were slashed during the first seven months of 2025, with domestic lenders receiving nearly ₱600 billion less in principal payments compared to what they had received from the Marcos administration in 2024. Data from the Bureau of the Treasury (BTr)...
The World Bank said its loan-funded Philippine Fisheries and Coastal Resiliency (FishCoRe) Project is making progress even as the Washington-based multilateral lender slightly downgraded the project’s overall implementation ratings. In a Sept. 5 implementation status and results report, the World...
State-run think tank Philippine Institute for Development Studies (PIDS) has urged President Ferdinand R. Marcos Jr. to sign the consolidated Senate and House bills on the proposed Animal Industry Development and Competitiveness Act into law, touting its benefits for the livestock sector. In...
Mitsubishi Motors Philippines Corporation (MMPC) has expanded its presence in Metro Manila with the opening of a new 2S dealership in Marikina City. Operated by Diamond Motor Corporation (DMC), this facility focuses on providing Parts and Service operations, giving Mitsubishi owners in the area...
BORONGAN CITY – House Minority Floor Leader and 4Ps party-list Rep. Marcelino Libanan and Eastern Samar Rep. Christopher Sheen Gonzales have asked the National Bureau of Investigation to investigate alleged ghost projects in the province. These projects were the P3-billion San Rafael rock-netting...
President Marcos vowed to grant sweeping powers to the independent body investigating anomalies in flood control projects, saying the inquiry must dig deep into how corruption became so entrenched in public works. In the fourth episode of his podcast which aired on Sunday evening, Sept. 7, the...
Senator Joseph Victor “JV” Ejercito on Sunday, September 7 said he supports President Ferdinand “Bongbong” Marcos Jr.’s directive to create an independent commission to investigate anomalies in the country’s flood control projects to dispel doubts about the ongoing investigations into...
Before he departed the Villamor Air Base in Pasay City for Cambodia, President Marcos made a brief comment to his Cabinet, saying he understood why they might be feeling "unjustly beleaguered." Without further explanation, Marcos also said he hoped their heads had cooled down. "I hope, lumamig na...
Members of the Senate minority bloc on Sunday, September 7 called for utmost transparency as they press that proponents of budget insertions in the General Appropriations Act (GAA) be publicly identified. This, as Sen. Panfilo “Ping” Lacson named an official of the Department of Public Works...
A Makabayan lawmaker has challenged the Office of the President (OP) to waive any parliamentary courtesy and subject its budget to full scrutiny by the House of Representatives ahead of the office 's scheduled budget hearing tomorrow, Sept. 8. ACT Teachers Party-list Rep. Antonio Tinio made...
President Marcos hailed Filipino tennis ace Alex Eala for winning her first WTA singles title at the Guadalajara 125 Open and for being the first Filipino to reach the feat. Marcos said in his congratulatory message on Sunday, Sept. 7 that Eala 's victory is a win for the entire Philippines....
President Marcos turned emotional as he spoke about the hardships ordinary people continue to face in a teaser for the upcoming fourth episode of his podcast. The short video, uploaded to his Facebook page on Saturday evening, Sept. 6, was accompanied by the caption: “NOBODY IS MORE IMPORTANT...
