President Ferdinand R. Marcos Jr. has allocated a total of P8.8 billion for the Grants-In-Aid (GIA) Program, according to the Department of Budget and Management (DBM). Implemented by the Department of Science and Technology (DOST), the GIA Program supports the continuation of various science,...
Reforms in the government’s budget process could significantly improve the country’s chances of achieving the coveted “A” rating status, the Department of Budget and Management (DBM) said. Budget Secretary Amenah F. Pangandaman explained that the Public Financial Management (PFM) Reforms...
The plenary hall of the House of Representatives (Dexter Barro II/MANILA BULLETIN) The House of Representatives has terminated the 2025 budget debates for the Department of Finance (DOF), National Economic and Development Authority (NEDA), and the...
Public funds will serve its purpose under the new roadmap the government has put in place, President Marcos said. In receiving the Public Financial Management (PFM) Reforms Roadmap 2024-2028, Marcos has assured the public through the roadmap, public funds will be used to expand social services,...
The Management Association of the Philippines (MAP) has expressed its support for Energy Regulatory Commission (ERC) chair Monalisa Dimalanta, despite her recent suspension by the Ombudsman. In a statement, MAP elaborated that this temporary suspension would affect the energy sector and consumers...
The Department of Budget and Management (DBM) has released P31.93 billion for salary increase for government employees as of Tuesday, Sept. 10. The DBM said it has begun distributing funds for salary adjustments, and the implementation is now underway across government agencies. This came after...
If ever you bump into your company's chief executive officer and he or she has big eyebags, chances are—worries about geopolitical tensions may be the main reason that made him or her sleepless, results of the Philippine CEO Survey 2024 showed. According to the latest survey among top...
President Marcos has stressed the Philippines' commitment to regulating the trade of dual-use technology to ensure that these tools meant for progress would not become weapons of mass destruction. President Ferdinand ‘Bongbong’ Marcos Jr. (RTVM screenshot) Marcos said this as he graced the...
The Department of Budget and Management (DBM) condemned the Medical Action Group for spreading false and misleading information regarding the coverage of the Philippine Health Insurance Corp. (PhilHealth). In a statement, the budget department said the group is sowing fear and panic among Filipinos...
DATA IS KEY Over 150 guests, both onsite and online, from diverse industries and media, gathered at the Asian Institute of Management for the official launch and opening of applications for the country's first-ever Master in Data Analytics program Today, harnessing data is everything. It transforms...
The Sandiganbayan has started its proceedings on the graft charge involving the alleged irregular transfer of P41.4 billion Covid-19 funds filed against former Department of Health (DOH) secretary Francisco T. Duque III and Procurement Service - Department of Budget and Management (PS-DBM)...
The Philippine government, through a proposal from the Department of Energy (DoE), will be seeking P10 billion worth of funding to bankroll energy efficiency initiatives being mandated for state-run entities. In an interview with reporters, Energy Undersecretary Felix William B. Fuentebella...
