The Department of Finance (DOF) said the Real Property Valuation and Assessment Reform Act (RPVARA) will enable local government units (LGUs) to achieve financial independence. In a statement, Finance Secretary Ralph G. Recto said the RPVARA, also known as Republic Act No. 12001, will overhaul the...
The Securities and Exchange Commission (SEC) reported that it has filed a criminal complaint against the group of a casino junket operator and some individuals for engaging in unlawful activities linked to money laundering. In a complaint filed before the Department of Justice on May 31, 2024, the...
The Philippines has officially filed for the country's entitlement to an extended continental shelf (ECS) in the West Palawan Region in the West Philippine Sea. DFA photo The Philippine Mission to the United Nations in New York submitted the information to the United Nations (UN) Commission on the...
The Department of Finance is gearing up to implement the Administrative Order (AO) 23 which aims to utilize a fully digitalized border protection system to speed up the inspection of imports in the country. “Grounded by AO No. 23, series of 2024, we take the first steps today towards achieving a...
(Department of Health) With no specific treatment available for dengue, the Department of Health (DOH) warned the public on Thursday, June 13, about a circulating Facebook post claiming that bird’s eye chili, locally called “siling labuyo,” is a cure for the disease. The post claimed that...
The Department of Budget and Management (DBM) has approved the disbursement of funds aimed at supporting students in indigenous communities to access high-quality education. A Special Allotment Release Order (SARO) totaling P57.12 million, along with its corresponding Notice of Cash Allocation, has...
The creation of digital Philippine Public Financial Management (PFM) reforms will enable more efficiency and effective government services for Filipinos, Department of Finance Secretary Ralph G. Recto said. The remark was made after a meeting on Monday with PFM Committee Principals Recto and...
The Department of Education (DepEd) on Wednesday, June 12, clarified the status and procedures taken in the Teacher Education Council (TEC) appointment process, in response to concerns expressed by an advocacy group regarding alleged delays. In a statement, DepEd said Vice President and Education...
PH.Ph Rally Team run by Teo Martin Motorsport bearing the 'Love the Philippines' livery. Photo from Department of Tourism. If the Philippines begins to see an influx of tourists from Europe any time soon, it might have something to do with a Spanish rally team bearing the ‘Love the Philippines’...
The Department of Finance (DOF) said the newly launched pension scheme by the Social Security System (SSS) is a vital step towards financial empowerment for Filipino workers. In a statement, Finance Secretary Ralph G. Recto said the MySSS Pension Booster program is closely aligned with the...
The Department of Budget and Management (DBM) said it is in the final stages of conducting a compensation and benefits study targeted at evaluating potential salary adjustments for government workers. Budget Undersecretary Goddes Hope O. Libiran said the study, scheduled to be finalized...
The government has approved the financing of ¥64.38 billion or P24.57 billion for the design, construction, and delivery of five units of 97-meter multi-role response vessels from Japan. Department of Finance (DOF) Secretary Ralph G. Recto and Japan International Cooperation Agency (JICA) Chief...
