Finance Secretary Benjamin E. Diokno is urging the National Power Corp. (NPC) to improve access to electricity in remote communities. During the NPC's 87th Anniversary, Diokno reminded the company of its mission to provide electricity to remote areas and islands in the Philippines and assured them...
Rafah Crossing, the Gaza-Egypt border that was supposed to open over the weekend, remains closed for the third straight day, the Department of Foreign Affairs (DFA) said on Monday, Nov. 6. Palestinians carrying foreign passports wait at the Rafah gate in the hopes of crossing into Egypt amid...
The national government will organize the National Jail Decongestion Summit in a bid to address the pressing overcrowding issues in the local jail facilities, the The Bureau of Jail Management and Penology (BJMP) disclosed on Monday, Nov. 6. (BJMP PHOTO) In a statement, the BJMP...
The Philippines now needs to bolster its external defense, President Marcos said. President Ferdinand 'Bongbong' Marcos Jr. (Noel Pabalate) Speaking at the 67th founding anniversary Naval Special Operations Command (NAVSOCOM) on Monday, Nov. 6, Marcos exhorted the Department of National Defense...
The Department of Finance (DOF) said the government is looking to secure funding for P83 billion Mindanao Railway project in the first quarter next year. This came after the country backed out from a financing deal with China to fund the railway project. Further, Finance Secretary Benjamin E....
The government is looking at India and Japan for funding the three railways projects formerly funded by China, the Department of Finance (DOF) said. Finance Secretary Benjamin E. Diokno said Japan and India are being eyed to support the Subic-Clark Railway, Philippine National Railways (PNR) South...
Finance Secretary Benjamin E. Diokno believes that borrowing costs in the country have hit a ceiling. On the sidelines of the Retail Dollar Bond 2 listing on the Philippine Dealing and Exchange Board on Monday, Nov. 6, Diokno stated that there is no rationale to warrant a further increase in...
The Philippines has informed the European Union (EU) that it is making "major reforms" in its criminal justice system as both sides recently met to reaffirm commitment to protect and promote rule of law and human rights. According to the Department of Foreign Affairs (DFA), Manila told the regional...
The government’s plan to raise $1 billion through Sharia-compliant or Sukuk bonds will still push through by end-November despite the Israel-Hamas conflict. Finance Secretary Benjamin E. Diokno told reporters in an interview on Monday, Nov. 6, that the government is targeting to issue the...
Camarines Sur 2nd district Rep. LRay Villafuerte (Facebook) Camarines Sur 2nd district Rep. LRay Villafuerte has raised before Department of Health (DOH) Secretary Teodoro Herbosa the issue on the supposed rejection of guarantee letters (GLs) under the...
MANILA/SAN FRANCISCO – The government of the United States is optimistic on the signing of a historic ‘123 Agreement’ on nuclear power with the Philippine government that could help Filipino investors gain access not just to cutting-edge nuclear power technologies – including those of the...
The Department of Science and Technology’s (DOST) official television program DOSTv: Science For the People's "Siyensikat" has returned for its fourth season this November. Photo credit to DOSTv In a statement, the (DOST-STII) said that the public service program aims to address the daily...