"Ayaw na kitang kaalyado (I no longer want to be your ally)." This was how President Marcos threatened to cut ties with his allies should they be found to be involved in corruption-ridden flood control projects in the country. "Sorry na lang. Hindi na kita kaalyado kung ganyan ang ginagawa mo....
Despite lower borrowing costs, the Marcos administration’s latest debt sale on Monday, Aug. 4, saw weaker demand compared to previous treasury bills (T-bills) auctions. The Bureau of the Treasury (BTr) nonetheless raised an above-target ₱28.4 billion and sustained a four-week streak of...
In order to dispel criticisms and lingering questions, the Senate will ensure that the entire budget process would be posted on the government’s website and made available for public scrutiny. Sen. Sherwin Gatchalian, who now chairs the Senate Committee on Finance, pointed this out saying the...
Agriculture Secretary Francisco Tiu Laurel is pushing for the amendment of the Coconut Farmers and Industry Trust Fund Act as a measure to revitalize the country’s “underperforming” coconut industry. Enacted into law in 2021, as embodied under Republic Act (RA) No. 11524, the coco trust fund...
President Marcos said he is prepared to reject and even reenact the national budget if Congress insists on fund realignments that undermine his administration’s priorities. In the third episode of his podcast released on Monday evening, Aug. 4, the President warned that some reallocations have...
PAMPANGA — Purely without budget insertions, next year’s funding for flood mitigation projects could face a massive budget reduction, according to the Department of Budget and Management (DBM). During her inspection of flood-affected roads and flood-mitigation structures in Pampanga on Monday,...
In a move to reinforce safe and inclusive learning environments, the Department of Education (DepEd) on Monday, August 4, announced the revised Implementing Rules and Regulations (IRR) of Republic Act No. 10627, or the Anti-Bullying Act of 2013—marking a significant step toward curbing bullying...
Armed Forces of the Philippines (AFP) Chief of Staff, General Romeo Brawner Jr. hailed as a success the first-ever joint sail between the Philippine Navy (PN) and Indian Navy in the West Philippine Sea (WPS) even as Chinese vessels shadowed the activity. The first maritime cooperative activity...
Operatives of the Anti-Kidnapping Group (AKG) of the Philippine National Police (PNP-AKG) arrested four foreigners for their alleged involvement in the kidnap-for ransom of a fellow Chinese. PNP chief, Gen. Nicolas Torre III said the arrested Chinese suspects used to work for Philippine Offshore...
The Department of Foreign Affairs (DFA) said that Saudi Arabia, Bahrain, and Oman have been helping the Philippines negotiate for the safe release of the Filipino seafarers being held hostage by Houthi forces in Yemen. Undersecretary Eduardo De Vega said in a recent interview with ABS-CBN News...
Senate President Francis “Chiz” G. Escudero on Monday, August 4 filed a bill seeking to disqualify public officials and their relatives, up to fourth civil degree, from entering into government contracts. In filing Senate Bill No. 783, Escudero said he is confident this will sharpen the...
One of the most talked about topics from the recent State of the Nation Address (SONA) of President Ferdinand Marcos Jr. was the expanded rollout of no-balance billing in Department of Health (DOH) hospitals as part of universal healthcare. There was a lot of discussion on mainstream and social...
