House of Representatives spokesperson, lawyer Princess Abante has denied Navotas City lone district Rep. Toby Tiangco 's allegation that the Office of the Speaker is carrying out shenanigans with the government’s ayuda or aid programs. "The Office of the Speaker firmly denies the baseless...
Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona Jr. indicated that the central bank is considering another 25-basis-point (bps) reduction in its key interest rate as early as August. “A further reduction in the key interest rate is 'on the table’,” Remolona told reporters on...
The Philippine Stock Exchange index (PSEi) fell for the fourth consecutive day, reacting to the President’s State of the Nation Address (SONA) which investors felt did not adequately address pressing economic concerns. The main index shed 54.33 points, or 0.85 percent, to close at 6,325.42 on...
President Marcos has cited the role of the World Bank in the Philippines ' goal to build critical infrastructure and boost preparedness against climate change and natural disasters. During the ceremonial turnover of the World Bank Group Philippines Country Partnership Framework (CPF) for...
The Philippine Air Force (PAF) and United States Marine Corps (USMC) transported relief assistance to the island of Batanes on Tuesday, July 29, in the aftermath of the successive storms and enhanced southwest monsoon (habagat) that affected the country. Department of National Defense (DND)...
To bolster water security in Iloilo City and its neighboring municipalities, the Metro Iloilo Water District (MIWD) has partnered with the National Irrigation Administration (NIA) to explore utilizing the Jalaur River as an additional water source. A memorandum of understanding (MOU) was signed on...
Budget Secretary Amenah Pangandaman cautioned on Tuesday, July 29, that government projects may face paralysis next year should President Ferdinand Marcos Jr. veto a Congress-approved national budget that deviates from his administration 's priorities. While Finance Secretary Ralph G. Recto...
Environmental group Oceana criticized President Marcos for failing to address worsening environmental and marine resource issues in his recent State of the Nation Address (SONA), calling the omission a missed opportunity as the country reels from climate-driven disasters. On July 28, President...
ILOILO CITY — Rep. Lorenz Defensor of the third district of Iloilo was dismayed over President Ferdinand R. Marcos Jr. 's failure to mention the status of key infrastructure projects in the province in his State-of-the-Nation Address (SONA). Defensor gave Marcos a score of six out of 10 for...
Akbayan Party-list Rep. Perci Cendaña found President Marcos ' fourth State of the Nation Address (SONA) to be lacking any substance as he failed to bring up any plans to improve the lives of Filipinos--especially the workers. For Cendaña, the President 's address this year appeared to...
The Armed Forces of the Philippines (AFP) will be relentless in upholding the country’s rights in the West Philippine Sea (WPS) amid China’s increasing assertiveness, a ranking official disclosed Tuesday, July 29. Rear Admiral Roy Vincent Trinidad, AFP spokesperson for WPS, said it is clear to...
Public school teachers will start getting paid for teaching overload and for their overtime work starting this school year, President Marcos announced during his State of the Nation Address (SONA). “At ngayong school year na ito, makakatanggap na kayo ng kabayaran para sa inyong teaching...