The Department of Energy (DOE) expects the corporate life extension of the Power Sector Assets and Liabilities Management Corp. (PSALM) to facilitate the rehabilitation of the Agus-Pulangi plants in Mindanao. During an ambush interview, Energy Secretary Raphael P.M. Lotilla highlighted that PSALM...
Big business on Sunday, Feb. 9, urged the Metropolitan Manila Development Authority (MMDA) to maintain and improve the dedicated lanes for buses and motorcycles on the main thoroughfare EDSA to decongest vehicular traffic. "Any talk of possible dismantling of the EDSA Carousel Line at this stage...
Department of Budget and Management (DBM) Secretary Amenah Pangandaman emphasized her commitment to making the country’s budget process more transparent amid calls from civil society and business groups. In a press conference on Thursday, Feb. 6, Pangandaman recalled that the DBM launched last...
State-run Power Sector Assets and Liabilities Management Corporation (PSALM) has formally notified qualified bidders this week that it canceled the independent power producer administrator (IPPA) privatization mode for the 796-megawatt Caliraya-Botocan-Kalayaan (CBK) hydropower complex in Laguna....
Following the below-target economic expansion in 2024, President Marcos’ chief economic manager expressed confidence in the 2025 national budget, serving as the administration’s protection against risks. “The P6.326 trillion national budget for 2025 is the government’s most powerful...
Government workers are getting closer to receiving a salary increase as Department of Budget and Management (DBM) Secretary Amenah F. Pangandaman already signed National Budget Circular No. 597, outlining the guidelines for the second tranche of the salary increase. “We hope that this...
Department of Budget and Management (DBM) Secretary Amenah F. Pangandaman has approved the release of P30.409 billion to cover the regular pension requirements of military and uniformed personnel (MUP) for the first quarter of 2025. “For many MUP retirees and their families, pensions are a...
The Department of Budget and Management (DBM) has issued a statement firmly denying allegations that the president signed blank pages in the 2025 national budget. Following the accusations directed towards President Ferdinand Marcos Jr, the DBM asserted in a Jan. 20 statement that these are...
Corruption and education are the top concerns of the country's top executives, represented by the Management Association of the Philippines (MAP), for 2025. In his inaugural address, MAP president Alfredo S. Panlilio said, "We will certainly address the following top 7 concerns of MAP members for...
More and more real estate developers are utilizing mobile apps in property management to reach a wider audience faster and more efficiently and improve engagement with sellers, tenants, and agents. Integrating mobile apps as a medium can elevate and streamline the delivery of services and...
Nearly P800 billion worth of projects and programs covered by the changes and adjustments in the 2025 national budget will face delays in fund release until the president issues approval. Department of Budget and Management (DBm) Secretary Amenah Pangandaman cited Section 6 of the president’s...
The Department of Budget and Management (DBM) should prove the necessity of passing the bill seeking to rightsize government by presenting the data lawmakers have been asking to justify the measure. Sen. Sherwin Gatchalian said that while he sees the “benefit and wisdom” of the proposed...
