The Philippines has been placed on a positive watchlist by J.P. Morgan Chase & Co. for potential inclusion in its influential emerging market government bond index, a move that could attract a new wave of foreign investment and lower the nation 's borrowing costs. In a statement on Monday,...
The Office of the Presidential Adviser on Peace, Reconciliation and Unity (OPAPRU) led the commemoration of the 39th anniversary of the historic “Sipat” or Mt. Data Peace Accord between the Philippine government (GPH) and the Cordillera Bodong Administration – Cordillera People 's...
Recognizing the urgent need to address the country’s learning crisis and strengthen the foundational skills of Filipino learners, the Department of Education (DepEd) officially launched the Academic Recovery and Accessible Learning (ARAL) Program on Saturday, September 13. The initiative,...
Teachers in public schools can now look forward to faster and fairer promotions as the Department of Education (DepEd) officially operationalizes the Expanded Career Progression (ECP) system—a reform designed to recognize merit, reduce dependence on vacancies, and provide clearer pathways for...
Amid the recent flood control scandals preoccupying the Philippine government, Japan has assured that it will continue extending low-cost loans for big-ticket bridge, spillway, and maritime projects. This reaffirmation comes as investigations into anomalous flood control projects are being...
The Philippines is turning to Cambodia to help meet the demand of a growing population, as part of the government’s push to strengthen ties with the Southeast Asian country, according to Agriculture Secretary Francisco Tiu Laurel. In a statement on Wednesday, Sept. 10, Tiu Laurel said the country...
To combat what he calls “systemic weakness,” former Finance Secretary Cesar V. Purisima is urging the government to adopt bold financial reform agenda, including cash transaction limits and demonetization, to fight corruption at its source. In a recent social media post, Purisima, who served as...
Public Works and Highways Secretary Vince Dizon expressed dismay after he discovered that a flood control project in Barangay Tagumpay, Naujan, Oriental Mindoro was damaged barely a year after it was built. “Clearly, hindi siya ghost. Mayroon naman, pero ang dami ko nakikita agad na major na...
The National Disaster Risk Reduction and Management Council (NDRRMC) expressed support for a swift and impartial investigation into flood control projects flagged for alleged irregularities. NDRRMC Chairperson and Department of National Defense (DND) Secretary Gilberto “Gibo” Teodoro Jr. warned...
The Department of Energy (DOE) is confident it will meet its renewable energy (RE) generation targets of 35 percent by 2030 and 50 percent by 2040, as outlined in the Power Development Plan (PDP). On the sidelines of the Philippine Energy Transition Dialogue 2025, Energy Secretary Sharon Garin...
Instead of exempting over 130 lines from the 12 percent value-added tax (VAT), Finance Secretary Ralph G. Recto stated he would support the proposal to reduce the number of lines benefiting from exemption to narrow the fiscal deficit. “I’m one with you,” Recto told senators during the...
Revenue leakages from smuggling agricultural products are estimated at around ₱150 billion this year, according to the Department of Finance (DOF). “The estimate of the leakage for the year will roughly be ₱150 billion,” Finance Secretary Ralph G. Recto told reporters on the sidelines of...
