Some 920,000 public school teachers may soon receive their delayed Performance-Based Bonus (PBB), the Department of Budget and Management (DBM) said on Thursday, Sept. 14. A total of P11.6 billion for the Fiscal Year 2021 PBB was released by the DBM for personnel in public elementary and secondary...
The Commission on Audit (COA) has granted the petition for money claim filed by Southern Philippines Power Corporation (SPPC) against the National Power Corporation (NPC) and the Power Sector Assets and Liabilities Management Corporation (PSALM) for the payment of contractual obligations under the...
The Department of Budget and Management (DBM) has underscored the government's economic team's complete support for the recent implementation of price control on rice. Budget Secretary Amenah F. Pangandaman said that Executive Order No. 39, which mandates the prices of rice at P41 and P45 per...
The Department of Budget and Management (DBM) is committed to strengthening projects aimed at enhancing employment opportunities in the country. Budget Secretary Amenah F. Pangandaman said the job-enhancing initiatives of the Department of Labor and Employment (DOLE) and the Technical Education and...
The rapid progression in the development and application of artificial intelligence (AI) can no longer be denied or ignored, and Philippine corporations will have to grab this by the horns and turn it into an opportunity or be left behind. Dr. Sanjay Sarma is CEO, President, and Dean of the Asia...
The release of P3 billion for the implementation of a fuel subsidy to the transport sector affected by rising fuel prices has been approved by the Department of Budget and Management (DBM). According to Budget Secretary Amenah F. Pangandaman, the fuel subsidy aims to offer assistance to around 1.36...
The Department of Budget and Management (DBM) said transparency and public participation have been fostered through the government’s initiatives toward digitalization. At the 2023 Open Government Partnership (OGP) Global Summit in Estonia, Budget Secretary Amemah F. Pangandaman said there...
The Department of Budget and Management (DBM) said it has allocated P882.2 billion to the Department of Public Works and Highways (DPWH) for next year to expedite the government’s socio-economic development initiatives. Budget Secretary Amenah F. Pangandaman said the DPWH's proposed budget will...
The Department of Budget and Management (DBM) said the government's one-time fuel assistance, aimed at helping public transport drivers and operators cope with skyrocketing gasoline and diesel prices, is expected to be released this week. Budget Secretary Amenah F. Pangandaman said the Department...
The Department of Budget and Management (DBM) said the national government will continue to support displaced, underemployed, and seasonal Filipino workers next year. Budget Secretary Amenah F. Pangandaman said the DBM has proposed P12.919 billion in funding for the Tulong Panghanapbuhay sa Ating...
State-run Power Sector Assets and Liabilities Management Corp. (PSALM) is preparing the terms for the auction next year of the propounded 25-year concession deal for the rehabilitation of the 932-megawatt Agus-Pulangui hydropower assets in Mindanao. According to PSALM President Dennis Edward A....
The Department of Budget and Management (DBM) said the Advisory Body of the Maharlika Investment Corp. (MIC) will submit the names of nominees responsible for overseeing the country's sovereign wealth fund to Malacañang by mid-October. Budget Secretary Amenah F. Pangandaman told Manila Bulletin on...
