The Department of Budget and Management (DBM) has inked an agreement with the Manila Bulletin Publishing Corporation and other major Filipino media companies for transparency and accountability in government. On Jan. 7, DBM Secretary Amenah F. Pangandaman and Manila Bulletin Publisher and EVP...
As the country observes National Zero Waste Month, Senator Loren Legarda reiterated her call for Filipinos to ditch the use of single-use plastics in favor of recyclable materials. Legarda, author and principal sponsor of the Republic Act (RA) 9003 or the Ecological Solid Waste Management...
State-owned Bases Conversion and Development Authority (BCDA) has authorized its subsidiary, Poro Point Management Corp. (PPMC), to manage the interim operations of the San Fernando Seaport in La Union. In a statement on Friday, Jan. 3, Joshua M. Bingcang, BCDA president and chief executive...
Government workers can expect a medical allowance of up to P7,000 annually, as the Department of Budget and Management (DBM) has announced its rollout starting 2025. DBM Secretary Amenah Pangandaman has approved the issuance of Budget Circular No. 2024-6, outlining the guidelines for providing a...
The national government is poised to surpass its infrastructure spending target for the year, fueled by the rapid implementation of various projects, the Department of Budget and Management (DBM) said. In a report, the DBM said overall infrastructure disbursements are projected to hit P1.54...
The Department of Budget and Management (DBM) announced that President Marcos has utilized his veto power to ensure the 2025 national budget aligns with the country’s development goals. In a statement on Monday, Dec. 30, Budget Secretary Amenah F. Pangandaman commended the President for his...
After ex-Department of Finance (DOF) official and lawyer Emmanuel "Noel" P. Bonoan withdrew from assuming the post of Management Association of the Philippines (MAP) president for 2025 amid personal life issues, the big business group has elected Alfredo "Al" S. Panlilio in his stead. In a...
President Marcos has ordered the Department of Budget and Management (DBM) and the Department of Education (DepEd) to provide a higher service recognition incentive (SRI) for public school teachers. President Ferdinand R. Marcos Jr. meets with DBM Secretary Amenah Pangandaman and DepEd Secretary...
Department of Budget and Management (DBM) Secretary Amenah Pangandaman has approved the creation of 4,000 new positions for the Philippine Coast Guard (PCG) in 2024 to strengthen its core functions. The additional positions—819 officers and 3,181 non-officers—aim to bolster the PCG's core...
A former ranking Department of Finance (DOF) official who had spearheaded the agency's anti-graft and corruption as well as tax-evasion enforcement arms shall take the reins as the new president of the big business group Management Association of the Philippines (MAP) next year. Lawyer Emmanuel...
Department of Budget and Development (DBM) Secretary Amenah F. Pangandaman is confident that the country is poised to achieve its economic targets but challenges may emerge, impeding socioeconomic development. During the 2024 Fiscal Policy Conference, on Nov. 22, Pangandaman said that although the...
The government's infrastructure spending surged 16.9 percent to P137.1 billion in September of this year, from P117.3 billion a year ago, according to the Department of Budget and Management (DBM). This increase was driven by robust investments in public works, transportation, and national defense...