Government workers are getting closer to receiving a salary increase as Department of Budget and Management (DBM) Secretary Amenah F. Pangandaman already signed National Budget Circular No. 597, outlining the guidelines for the second tranche of the salary increase. “We hope that this...
Locals of Laguna could enjoy additional protection from floods as the Philippines has already secured financing totaling $905.26 million (about P50.67 billion) from a Korean bank. During the World Economic Forum (WEF) in Davos-Klosters, Switzerland, Department of Finance (DOF) Secretary Ralph G....
BEYOND BUDGET Assalamu alaikum wa Raḥmatullahi wa Barakatuh. The 2024 Metro Manila Film Festival (MMFF) was undeniably historic, marking its 50th year as a cornerstone of Philippine cinema. This milestone wasn’t just a celebration of the past but also a bold step forward, showcasing the...
Department of Budget and Management (DBM) Secretary Amenah F. Pangandaman has approved the release of P30.409 billion to cover the regular pension requirements of military and uniformed personnel (MUP) for the first quarter of 2025. “For many MUP retirees and their families, pensions are a...
Young Filipinos are investing in cryptocurrencies at a level comparable to the government's national budget, and this trend is likely to grow further with potentially supportive Trump policies. “In the Philippines, many Filipinos have already invested in cryptocurrency, with investments amounting...
While the Bureau of Internal Revenue (BIR) expressed optimism about repeating its historic beyond-target collection in 2025, achieving the double-digit growth target this year will be challenging for the Bureau of Customs (BOC), President Marcos’ chief economic manager said. Department of Finance...
PEACE BY PEACE As the Philippines forges ahead in its journey to achieve a just and lasting peace, public and strategic diplomacy have become indispensable foreign policy tools of the national government in creating a positive image of the country in the global stage, as it rallies the support of...
Department of Finance (DOF) Secretary Ralph G. Recto said that key borrowing costs are unlikely to drop to pre-pandemic level amid expectations that the US Federal Reserve (Fed) will slow down its policy rate reduction. According to the finance chief, the market expectation for 2025 is for...
Devastating calamities that have ravaged the Philippine archipelago caused a serious impact on the growth of the local economy, dragging the full-year growth away from the target, President Marcos’ chief economic manager said. “We probably did not hit our growth targets in 2024 because of...
The Department of Education (DepEd) on Thursday, Jan. 16, highlighted its ongoing efforts to prepare learners for the future. (DepEd / MB Visual Content Group) At the Annual Educators' Congress (AECON) 2025, DepEd Undersecretary Peter Irving Corvera delivered a speech on behalf of Secretary Sonny...
Department of Finance (DOF) Secretary Ralph G. Recto assured that transferring P107.23 billion from the Philippine Deposit Insurance Corporation (PDIC) to the national treasury will not compromise its reserve fund. On Jan. 16, Wednesday, the finance chief asserted that the P107.23 billion was...
If the logic implied during the peace rally of the Iglesia Ni Cristo (INC) is followed, it will "incur a very detrimental precedent," Chief Presidential Legal Counsel Juan Ponce Enrile said. Chief Presidential Legal Counsel Juan Ponce Enrile (Mark Balmores/MANILA BULLETIN) "As a nation and a state,...
