The Philippines has conveyed its continued support to global efforts to achieve a nuclear weapons-free world, stressing that "there is no room" for backsliding amid geopolitical complexities. In her remarks at the Ministerial Meeting of the Friends of the Fissile Material Cut-Off Treaty (FMCT)...
The Department of Education (DepEd) on Thursday, June 5, announced a revised Kindergarten cut-off age policy that will allow more Filipino children to begin formal education earlier. Starting School Year (SY) 2025–2026, children who turn five years old on or before October 31 will now be eligible...
Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona Jr. said that further cuts in banks’ reserve requirement ratio (RRR) may happen next year as the central bank looks to ramp up its liquidity management and make the yield curve more reliable. “It might be for next year. We are trying to...
The big slash in budget allocation for programs and projects of the Department of Tourism (DOT) for this year has placed the government’s tourism arrival target in jeopardy, an official said on Sunday, Jan. 12. Another tourism goal setback, according to DOT Secretary Christina Garcia-Frasco, is...
Despite the proposed zero subsidy for the Philippine Health Insurance Corp. (PhilHealth) in the 2025 national budget, President Marcos assured on Thursday, Dec. 19, that the state insurer will continue expanding its services and provide excellent benefits for all. President Ferdinand...
Vice President Sara Duterte admitted that the Office of the Vice President’s (OVP) free bus rides, financial assistance, and operations of its satellite offices will be affected by the budget cut adopted by the Senate in next year’s national budget proposal. Vice President Sara Duterte...
Beyond the potential for the Bangko Sentral ng Pilipinas (BSP) to ease monetary policy further, what are the broader implications of the US Federal Reserve's substantial 50 basis points interest rate cut? What effects could this have on the Philippine peso, exports (especially if the peso...
Easy monetary policy supportive of economic growth across the Asia-Pacific region would follow the US Federal Reserve's cut in interest rates by an aggressive 50 basis points (bps), according to the top economist of the Manila-based Asian Development Bank (ADB). "I think it's good for the region...
The rollercoaster ride on oil price adjustments will have favorable turn for gasoline users this week, as the price of this commodity will be on rollback, based on the estimates of the industry players; while diesel and kerosene will track price uptrend. According to the oil companies, the price of...
Various State Universities and Colleges (SUCs) in Metro Manila demanded that the P6 billion budget cut on state universities be reversed and that more funds be allocated to them to address the "crisis" in the education sector. (Alliance of Concerned Teachers) The Alliance of Concerned...
The University of the Philippines Diliman University Council (UPD UC) on Monday, Nov. 6, condemned the government for allocation of funds to the Confidential and Intelligence Funds (CIF) in the national budget for 2024. (UP Diliman) UPD UC said the House of Representatives' rejection of the...
Negros Oriental 3rd district Rep. Arnie Teves doesn't believe that President Ferdinand "Bongbong" Marcos Jr. agrees with the Department of Interior and Local Government's (DILG) method of cleansing the Philippine National Police (PNP) of illegal drugs. President Ferdinand "Bongbong" Marcos Jr....