State-owned Development Bank of the Philippines (DBP) has launched a ₱510-million corporate social responsibility (CSR) program designed to strategically allocate resources and promote access to quality education in both the basic and tertiary levels, a top official said. DBP President and Chief...
Domestic investors snapped up the government’s short-term debt papers this week, allowing the Marcos administration to raise an additional ₱25 billion at lower borrowing costs, as investors locked in yields ahead of further rate cuts. During the latest Treasury bills (T-bills) auction on Sept....
Office of the Presidential Adviser on Peace, Reconciliation, and Unity (OPAPRU) Sec. Carlito Galvez Jr. called on the Moro Islamic Liberation Front (MILF) on Monday, Sept. 8, to resolve its internal rifts as he underscored that unity within the organization is crucial to sustaining the gains of the...
Over 25,000 Filipino workers have signed up to express interest in purchasing socialized housing units through the Pag-IBIG Housing Loan under the Expanded Pambansang Pabahay para sa Pilipino (4PH) Program, just three months after Pag-IBIG Fund rolled out its 4PH Online Registration system in June...
A prominent business group representing domestic manufacturers and producers is urging the government to implement safeguards to protect the local industry from a potential influx of foreign investors following the passage of a bill extending long-term lease contracts. The Federation of Philippine...
President Marcos bared that the Philippines will establish a Migrant Workers Office (MWO) in Phnom Penh, Cambodia. Marcos made the announcement before the Filipino community in Cambodia on Monday night, Sept. 7 during a meeting with them. "[A]ng gobyerno ay patuloy na maglilingkod upang masuklian...
Cezarah “Sarah” Discaya and Pacifico “Curlee” Discaya on Monday, Sept. 8, dropped a bombshell statement alleging that lawmakers and Department of Public Works and Highways (DPWH) officials routinely demanded kickbacks of up to 25 percent from government-funded flood control projects, who...
Executive Secretary Lucas Bersamin clarfiied in front of House of Representatives members on Monday Sept. 8 that he meant "nothing malicious" when he accused the solons of corruption on the issue of the national budget. "There is nothing intended that is malicious or to malign anyone in the House...
Executive Secretary Lucas Bersamin stressed that the National Expenditure Program (NEP) should serve as a guide for lawmakers in budget deliberations, not as a fixed target. Bersamin said this after he issued a sharper rebuke to lawmakers on Saturday, Sept. 6, rejecting suggestions that the 2026...
House Speaker Martin Romualdez vowed continued support for President Marcos ' zero-balance billing initiative, which he described as a significant step toward achieving universal health care in the country. This, as the Department of Health (DOH) reported that the policy had already benefited...
Following the presidential directive to crack down on contractors involved in anomalous flood control projects, the Department of Budget and Management (DBM) is canceling the Philippine Government Electronic Procurement System (PhilGEPS) membership of these firms to bar them from future government...
President Marcos said he has never once regretted becoming president despite the challenges of governance, calling it the “greatest privilege” to finally address the issues he had long criticized. “No. Not for one moment,” Marcos said in the latest episode of his podcast, when asked if he...
