Filinvest Development Corporation (FDC), the investment arm of the Gotianun Group, is planning to raise up to P32 billion through the issuance of peso-denominated fixed rate bonds in one or more tranches. In a disclosure to the Philippine Stock Exchange (PSE), the firm said it has filed online via...
As part of the P100 million worth of the support to Bahay Pag-Asa (BPA) Project, the Juvenile Justice and Welfare Council (JJWC), an attached agency of the Department of Social Welfare and Development (DSWD), provided a training package and other services. Photo credit to JJWC In a statement on...
The Department of Social Welfare and Development (DSWD) has provided over P11 million worth of assistance to the families affected by the magnitude 6.8 earthquake in Mindanao. DSWD / Manila Bulletin In a statement on Monday, Nov. 20, the DSWD, through its Field Office in Davao (Region 11), said it...
The Bureau of Internal Revenue (BIR) is set to undergo a significant modernization of its tax administration processes, courtesy of a $400 million loan from the Asian Development Bank (ADB). The digitalization program, a focal point of this initiative, received praise in a press statement...
Senator Grace Poe said that kids in public daycare and development centers should have better access to the government's free meals to ensure that their nutritional needs are met. Sen. Grace Poe seeks an update on the Department of Social Welfare and Development's (DSWD) feeding program, the...
The Court of Tax Appeals (CTA) has denied the petition of the National Development Company (NDC) which sought a P42.6 million refund from the Bureau of Internal Revenue (BIR) for alleged erroneously collected value added tax (VAT) from second quarter of 2015 to third quarter of 2016. NDC, a...
Malacañang has approved and adopted a new action plan to optimize demographic opportunities and address population issues in the next five years. File photo Executive Secretary Lucas Bersamin signed Memorandum Circular No. 40, which approved and adopted the Philippine Population and Development...
Sen. Ramon "Bong" Revilla said on Thursday, November 16, that they are contemplating filing charges against the drivers who impersonated him after using the EDSA busway. The two drivers who name-dropped Revilla's name when their vehicles were flagged down for using the EDSA bus lane surfaced on...
Sen. Francis Tolentino urged on Thursday the expansion of the administration’s flagship project, the Food Stamp Program (FSP), led by the Department of Social Welfare and Development (DSWD). During the plenary debates on the agency’s 2024 budget, Tolentino said, “I hope that the program can...
The Sandiganbayan has ordered former Department of Agrarian Reform (DAR) undersecretary Narciso B. Nieto to present his evidence starting on Nov. 28 on graft and malversation of public funds cases filed against him in the alleged misuse of the P20 million priority development assistance...
To enhance investment returns, the Social Security System (SSS) has tapped two government-owned banks to serve as its local fund managers for the next three-year period. Rolando Ledesma Macasaet, SSS president and chief executive officer said, the pension fund has allocated P2 billion in...
The National Economic and Development Authority (NEDA) said achieving the lower end of the government's growth target range is still achievable due to increased public spending and the upcoming holiday season. During a briefing in San Francisco, California, NEDA Secretary Arsenio M. Balisacan...
