Business groups are sounding the alarm over the remaining unprogrammed appropriations (UAs) in this year’s ₱6.793-trillion national budget, warning that the lack of transparency over these expenditures could further erode public trust in the government. In separate statements, the Makati...
Senator Imee Marcos said on Tuesday, Jan. 26, that calling the 2026 national budget the cleanest is prone to challenge and that, in her view, it is “certainly the sneakiest.” In a television interview on ANC, Marcos explained why she refused to sign the budget measure, describing it as a...
The Philippine government has acknowledged the initial assessment made by Australian police that there is no evidence of the Philippines ' role for the terror attack that killed 15 individuals in Bondi Beach in Sydney. The Department of Foreign Affairs (DFA) on Tuesday, Jan. 6, issued a...
There shouldn 't be any unprogrammed appropriations (UA) in the national budget to begin with. This was the common reaction of House minority bloc members Akbayan Party-list Rep. Perci Cendaña and Mamamayang Liberal (ML) Party-list Rep. Leila de Lima on President Marcos ' decision to...
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,...
