The 2,000-megawatt (MW) offshore wind (OSW) project of Yuchengco-led Buhawind Energy Northern Luzon Corp. (BENLC) is gaining traction, following its recent approval for interconnection to the national grid. In a disclosure to the Philippine Stock Exchange (PSE) on Tuesday, Aug. 5, BENLC announced...
The Department of Public Works and Highways (DPWH) Secretary Manuel Bonoan described as "preposterous" a blogger 's claims that P800 billion worth of flood control projects had been cornered by six lawmakers. Bonoan gave the remarks Monday, Aug. 4 during a briefing held by the Bicol Saro...
House minority lawmakers on Monday, Aug. 4, delivered what they called their "Kontra-SONA (State of the Nation Address)" privilege speech, and hit President Marcos ' claim that Philippine Health Insurance Corp. (PhilHealth) benefits are now better than ever. The President 's...
The Department of Transportation (DOTr) is targeting to more than double its budget to nearly ₱200 billion in 2026 to fund the administration’s big-ticket transportation projects after last year’s massive cut. Transportation Secretary Vince Dizon said he is seeking a budget of about ₱197...
"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...
