Malacañang rejected claims that the recent Local Government Support Fund (LGSF) release was a venue to distribute pork barrel funds to influence local government officials ahead of the barangay and 2028 elections. Presidential Communications Office Undersecretary Claire Castro said this after ACT...
League of Cities of the Philippines (LCP) National President and San Juan City Mayor Francis Zamora expressed his gratitude to President Ferdinand "Bongbong" Marcos Jr. and his administration for their steadfast support to local governments across the country, particularly with the passing of the...
President Marcos has raised the Local Government Support Fund (LGSF) to a record-high P58 billion for 2026 and ordered the faster, more direct release of funds to local government units (LGUs), saying delays in the past have hampered urgently needed projects in communities. Speaking at the launch...
Megawide Construction Corp. is aiming to build as much as 100,000 socialized housing units valued at ₱180 billion under the government’s flagship housing program, as the company scales up its industrial pre-cast capabilities to address a chronic national shortage. Megawide Chairman and Chief...
Nestled in the lush landscape of Tanay, Rizal, Townhill Tanay presents Filipino families with affordable, sustainable, and cost-efficient housing. According to Lhoopa, the proptech firm behind the project, the subdivision is certified under the Excellence in Design for Greater Efficiencies (EDGE)...
Pag-IBIG Fund officials announced that the agency’s housing loan releases reached P140.54 billion in 2025, an 8% increase from P129.73 billion released in 2024. The agency’s home loan programs benefited 90,727 Filipino workers to buy a housing unit or finance home construction, renovation or...
The Overseas Workers Welfare Administration (OWWA) reported Friday, Jan. 16, that its Trust Fund climbed to P21.3 billion while active membership topped 2.6 million by December 2025, reflecting rising trust and confidence of overseas Filipino workers (OFWs) in the agency. OWWA Administrator PY...
Senator Jinggoy Ejercito Estrada has filed a bill that seeks the creation of a P10-billion Cancer Medicine and Treatment Assistance Fund to help indigent and underprivileged Filipinos battling cancer. In filing Senate Bill No. 1057, Estrada said the establishment of a P10-billion worth of cancer...
Filipino workers are expected to benefit from better-quality socialized housing following the government’s approval of higher price ceilings for socialized subdivision and condominium projects, while Pag-IBIG Fund continues to provide affordability through its subsidized housing loan rates under...
President Marcos has a total of P4.5-billion confidential and intelligence fund under the 2026 national budget. Executive Secretary Ralph Recto said the Office of the President (OP) has the same amount of confidential and intelligence funds as last year. Despite public clamor over secret funds, the...
The Philippines faces an escalating economic threat from climate change that could wipe out as much as two percent of its annual output if the government fails to implement aggressive adaptation strategies, according to the International Monetary Fund (IMF). In a staff report released following its...
The Washington-based multilateral lender International Monetary Fund (IMF) sees the narrowing of Philippine debt relative to the size of the economy being delayed until it reaches 60 percent, with the proposed revenue-generating general tax amnesty (GTA) among the measures seen as offering limited...
