Metropolitan Bank & Trust Company (Metrobank) has approved the sale of its asset management unit to ATR Asset Management Inc. (ATRAM) while Union Bank of the Philippines is also in talks to merge its trust business with that of ATRAM. "These are bold moves by ATRAM to quickly scale up its trust...
Budget Secretary Amenah F. Pangandaman has assured that public projects jointly funded with bilateral and multilateral development partners will be implemented as scheduled next year, as most of them formed part of the regular 2025 budget proposal. "So far, when I saw the GAB [general...
By DERCO ROSAL Infrastructure spending declined in August, mainly due to the weak disbursements made by the Department of Public Works and Highways (DPWH), Department of Budget and Management (DBM) data revealed. In a DBM report, the Marcos administration’s spending on infrastructure and...
Senator Manuel “Lito” Lapid has called on the Senate to expedite the passage of the bill seeking to establish a Department of Water Resources—a centralized agency that would implement a comprehensive framework for water management. In his speech at the 30th PWWA International...
Senator Loren Legarda on Sunday, October 27 called on local chief executives to make a strategic shift in disaster risk reduction and management to bolster the country’s resilience to disasters and natural calamities. Legarda said that following the widespread devastation wrought by severe...
Government employees are set to receive their year-end bonuses and cash gifts earlier than usual, the Department of Budget and Management (DBM) said. In a statement, Budget Secretary Amenah F. Pangandaman said she signed DBM Budget Circular No. 2024-3 on Oct. 22, outlining the new guidelines for...
Department of Budget and Management (DBM) Secretary Amenah F. Pangandaman has authorized a P454 million vehicle purchase for the Department of Health (DOH). On Oct. 17, Pangandaman approved the issuance of an Authority to Purchase Motor Vehicle (APMV) to strengthen the country's healthcare system....
Pinoys who have experienced traveling overseas could only wish that cities in the Philippines are as livable as those they had visited in Japan, Singapore, South Korea and Thailand, according to a soon-to-be-published Asian Institute of Management (AIM) paper. AIM Rizalino S. Navarro Policy Center...
Marciano Octavio Garcia Da Silva, resident ambassador-designate of East Timor to the Philippines, appeals to officials of the Office of Civil Defense (OCD) to help his country in enhancing their disaster risk reduction and management capabilities during a meeting at the The Democratic...
Camarines Sur 2nd district Rep. LRay Villafuerte (Facebook) Camarines Sur 2nd district Rep. LRay Villafuerte said he fully supports the proposal to localize disaster risk management in a bid to achieve a more effective and flexible response to...
By DERCO ROSAL The Department of Budget and Management (DBM) is confident that the proposed P6.352-trillion national budget for 2025 will be signed into law by the president before Christmas. Budget Secretary Amenah F. Pangandaman said she is confident about the timely enactment of the General...
The Department of Budget and Management (DBM) increased its 2025 funding for education but reduced its cash assistance allocation or ayuda for poor Filipinos. Of the proposed P6.352 trillion national budget for next year, P977.6 billion, or over one-sixth of the total, will be poured into...
