The Philippine Deposit Insurance Corp. (PDIC) is weighing legal options to recover ₱107.2 billion in excess capital remitted to the national government, following a landmark Supreme Court ruling that disrupted the state’s strategy for tapping idle funds. Bangko Sentral ng Pilipinas Governor Eli...
Senator Sherwin Gatchalian rejected on Tuesday, January 6 insinuations that the 2026 national budget was crafted to include efforts to pursue the impeachment of Vice President Sara Duterte. This, after Sen. Imee Marcos, in a video posted on her Facebook page, floated the possibility that the...
The Armed Forces of the Philippines (AFP), on Tuesday, Jan. 6, reminded former Ilocos Sur governor Luis “Chavit” Singson that his allegations of corruption within the military organization should be resolved through legal channels and civilian institutions, not the military. AFP spokesperson...
The Supreme Court can declare the contentious Unprogrammed Appropriations as unconstitutional, Sen. Sherwin Gatchalian said on Tuesday, January 6. Gatchalian made the remark following President Ferdinand “Bongbong” Marcos Jr.’s decision to veto P92.5-billion unprogrammed items when he signed...
House Committee on Public Accounts Chairman Bicol Saro Party-list Rep. Terry Ridon is taking it upon himself and his panel to deliver on the promise of oversight on the implementation of the P6.793-trillion national budget for 2026. "With the signing of the 2026 General Appropriations Act (GAA),...
Following the signing of the ₱6.793-trillion 2026 national budget, the Marcos Jr. administration has jumpstarted preparations for the 2027 proposal—the last full-year spending under its watch—which includes more rigorous oversight of climate and flood control projects. Acting Department of...
President Marcos ' term is not yet over, thus, many more things are expected to happen in the investigation of the massive flood control anomalies, Malacañang said. "Hindi pa po natatapos ang termino ng Pangulo, marami pa po ang mangyayari at magaganap (The President’s term is not yet over;...
Unlike some of his colleagues in the House minority bloc who hardly appreciated President Marcos ' veto of P92.5 billion worth of unprogrammed appropriations (UA) in the 2026 national budget, Bagong Henerasyon (BH) Party-list Rep. Robert Nazal saw the move as a "win". In a statement Tuesday,...
Malacañang said there is no information so far on a rumored reorganization of President Marcos ' Cabinet. Palace Press Officer and Communications Undersecretary Claire Castro said they have yet to receive any information on a possible Cabinet revamp, saying it could just be a rumor. "Wala pa...
Senator Imee Marcos stated on Tuesday, January 6, that despite efforts to make the bicameral conference committee (bicam) open to public scrutiny, some agreements were reached while deliberations were suspended. In a television interview on ANC, Marcos, who 's a member of the minority bloc,...
The Bangko Sentral ng Pilipinas (BSP) is prepared to deploy a deeper round of interest-rate cuts as a secondary defense if the country’s economic expansion fails to hold the five percent level, according to the central bank chief. Speaking to the Tuesday Club on Jan. 6, BSP Governor Eli M....
A group of education workers on Tuesday, January 6, strongly criticized the Marcos administration for vetoing P43.245 billion in the 2026 national budget, which was intended for new government employees and retirement benefits. In a statement, the Alliance of Concerned Teachers (ACT) Philippines...
