The Department of Human Settlements and Urban Development (DHSUD) and the Department of Economy, Planning and Development (DEPDEV) approved higher price ceilings for socialized housing projects to enable larger and higher-quality homes nationwide. DHSUD Secretary Jose Ramon Aliling described the...
Marking a major shift toward a more equitable, accountable, and discrimination-free work environment for over one million teaching and non-teaching personnel nationwide, the Department of Education (DepEd) has officially rolled out its new Inclusive Employment (IE) Policy. In a statement issued...
The Department of Education (DepEd) on Tuesday, November 4, said it is working with other government agencies to establish a unified and timely protocol for class suspension announcements, emphasizing the need to balance student safety with the continuity of learning. In an inter-agency meeting...
Foreign financial giants and a think tank expect the Bangko Sentral ng Pilipinas (BSP) to further reduce key borrowing costs to 4.5 percent by year-end following the central bank’s shift to more dovish tone. Netherlands-based financial giant ING has flagged risks that could slow growth from the...
Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona Jr. struck a more dovish tone on the central bank’s policy path, signaling that the latest quarter-point reduction to 4.75 percent may not be the final easing this year. Remolona, in a press briefing on Thursday, Oct. 9, backtracked on...
Citing a weaker growth outlook amid infrastructure spending issues stemming from the misuse of public funds, especially on “ghost” flood control projects, the Bangko Sentral ng Pilipinas (BSP) on Thursday, Oct. 9, decided to reduce the key interest rate by 25 basis points (bps) to 4.75 percent...
While private-sector economists anticipate one last monetary policy easing before 2025 comes to a close, in order to safeguard economic growth next year, they do not think the Bangko Sentral ng Pilipinas (BSP) will reduce the key borrowing costs on Thursday, Oct. 9. Singapore-based United Overseas...
Japanese financial giant MUFG Bank Ltd. expects the Bangko Sentral ng Pilipinas (BSP) to maintain the key policy rate at five percent throughout 2025 but anticipates the central bank will reduce it by another one percentage point (ppt) to four percent in 2026. Based on MUFG’s Sept. 24 report,...
The Department of Education (DepEd) on Wednesday, September 10, reminded all public school teachers that overtime work must be pre-approved and rendered only when absolutely necessary. In a statement, DepEd said the directive aims to ensure proper monitoring of teachers’ workloads, prevent...
Uncertainty over price movements could delay the Bangko Sentral ng Pilipinas’ (BSP) next 25-basis-point (bps) policy rate cut to December, according to American banking giant Citi. “Barring a significant growth shock, the immediate uncertainty on inflation could push the [monetary policy...
Local Government Units (LGUs) continue to allocate significant portions of their local health budgets for devolved health programs and services, but they need clearer guidance, technical support, and stronger intergovernmental coordination from relevant national government agencies to ensure the...
Senator Loren Legarda called for a foresight-driven diplomacy and leadership saying these are essential to foreign policy development. Legarda made the call during the the Regional Foresight Conference on Emerging International Issues on Aug. 27, 2025, at The Seda Manila Bay, Parañaque City. The...