A group on Thursday, July 1, slammed the Department of Education (DepEd) for its “failure to obligate” some P1.744 billion “Bayanihan 2” allotment for distance learning needs. (Photo from DepEd) The Alliance of Concerned Teachers (ACT) Philippines expressed disappointment over DepEd’s...
The Department of the Interior and Local Government (DILG) warned the local government units (LGUs) on Tuesday, June 30, against rogue groups that are offering access to the more than P30 billion funds intended for local development and infrastructure projects. DILG Secretary Eduardo M. Año issued...
Senator Sonny Angara on Wednesday, June 23 prodded government agencies tasked to implement the provisions of the Bayanihan to Recover as One Act or Bayanihan 2 to quickly utilize the funds under the law before it lapses on June 30. Angara noted there is very little time left for the implementing...
The government has ample reserved funds to secure additional coronavirus vaccines needed by Filipinos, President Duterte said recently amid efforts to mitigate the impact of the pandemic on lives and livelihoods in the country. Manila residents wait for their turn to get their first dose of...
The Development Bank of the Philippines (DBP) granted a P750-million revolving credit line to a fledgling manufacturer- exporter of sustainable energy storage systems. Amber Kinetics Philippines, Inc. (AKPI), local producer of a novel Flywheel Energy Storage System, wil use the loan for its working...
The government is tapping the 2021 contingent fund to augment resources to boost the country's supply of coronavirus vaccines. President Rodrigo Duterte holds a vial of a Sinovac coronavirus vaccine during the ceremonial turnover of the vaccines Villamor Air Base, Pasay City on February 28, 2021....
President Duterte has approved the additional P5-billion allocation for the repatriation of overseas Filipino workers (OFWs), half of the amount requested by the Overseas Workers Welfare Administration (OWWA). President Duterte (File photo/Malacañang) Presidential Spokesman Harry Roque made the...
President Duterte has directed authorities to hasten the release of funds for the rehabilitation of the local hog industry affected by the African Swine Fever (ASF) outbreak. President Rodrigo Duterte (File photo/Malacañang) According to the President, the release of the funds is part of the...
Senator Joel Villanueva on Sunday, May 16 urged the government to use the P19.445 billion unused calamity funds under the 2020 and 2021 budget to finance the immediate repair of the Philippine General Hospital (PGH) which caught fire early morning today. “The PGH should be repaired in the same...
The government is planning to tap savings of agencies to augment programs related to addressing the coronavirus outbreak, including relief aid to the affected poor families. A resident of Makati City receives a first shot of Pfizer coronavirus vaccine from a health worker at the Makati Medical...
After its convertible preferred shares stock rights offering, Cebu Air, Inc. (CEB) today (March 29) announced that 328,947,368 of its convertible preferred shares with a par value of P1 per share were listed and ready to be traded at the Philippine Stock Exchange (PSE). Despite the challenges that...
