The Department of Finance (DOF) has ordered the collection of unpaid electricity bills of the Maguindanao Electric Cooperative, Inc. (MAGELCO) and Lanao del Sur Electric Cooperative, Inc. (LASURECO). In a statement Wednesday, June 8, the DOF said MAGELCO and LASURECO have outstanding accounts...
House Ways and Means Committee chairman and Albay 2nd district Rep. Joey Salceda has vowed to push for the Budget Reform Act in the upcoming 19th Congress. Albay 2nd district Rep. Joey Salceda (Facebook) “I will refile the bill, hopefully with enhancements from the incoming finance and budget...
Bangko Sentral ng Pilipinas (BSP) Assistant Governor Amenah F. Pangandaman has accepted the invitation from President-elect Ferdinand R. Marcos Jr. to serve as the new administration’s Department of Budget and Management (DBM) secretary. In a statement on Monday, May 30, Pangandaman has pledged...
Presumptive President Ferdinand R. Marcos Jr. would get P5.086 trillion national budget for 2023, almost a reenactment of the 2022 national budget of P5.024 trillion. The inter-agency Development Budget Coordination Committee (DBCC) approved on Tuesday, May 24, the proposed appropriations next...
The Department of Budget and Management (DBM) has released the sickness and death benefits to public and private healthcare workers (HCWs) who are involved in Covid-19 response this year. In a statement, the budget department said on Sunday, May 15, that it released P1.081 billion to the Department...
Plastic is the inescapable material that wraps or makes up almost everything we buy—plastic utensils, balloons, shampoo bottles, even the packaging of our favorite chips. It’s highly likely that every single person has used a plastic bag, a plastic straw, plastic containers, and other forms of...
Ahead of the May 2022 polls, National Task Force (NTF) against Covid-19 special adviser Dr. Teodoro “Ted” Herbosa, on Sunday, April 24, said that the national government is currently monitoring Visayas and Mindanao areas with low Covid-19 vaccination rate. (Photo by LOIC VENANCE / AFP / FILE...
State-run Power Sector Assets and Liabilities Management Corp. (PSALM) wants to trim down further its financial obligations by implementing cost-cutting measures while increasing revenue collection, the Department of Finance (DOF) said. In a statement, Irene Joy Besido Garcia, PSALM president and...
The Philippine Institute of Volcanology and Seismology (Phivolcs), on Thursday, April 21, said that it recently established its first seismic station in the province of Iloilo. (Phivolcs / Manila Bulletin File Photo) The said station, which is also the 115th seismic station in the country, is...
Coins.ph, the Philippines’ leading fiat and crypto wallet services provider, announced Tuesday, April 12, that it has finalized the acquisition by global technology buyout firm Joffre Capital and received regulatory approvals. The new shareholders and management team under Wei Zhou, former chief...
Two more persons were killed in Davao de Oro as Tropical Storm “Agaton” left a trail of destruction in Mindanao and continued its onslaught in Visayas, the National Disaster Risk Reduction and Management Council (NDRRMC) confirmed Monday, April 11. (PAGASA) The NDRRMC public information office...
The Philippine Coast Guard (PCG) said Monday, April 11, that it was monitoring a passenger roll on-roll off (ro-ro) vessel that sank due to typhoon “Agaton” off Camotes Island in Cebu as fears of a possible oil spill were raised. Commodore Armand Balilo, PCG spokesperson, said that strong wind...
