Department of Finance (DOF) Secretary Ralph Recto on Tuesday, Oct. 14, said the Philippine economy may experience a temporary slowdown in the latter half of 2025 due to ongoing government reforms meant to ensure proper spending of taxpayers’ money, but he expressed optimism that growth will...
The Department of Education (DepEd) on Tuesday, October 14, urged local government units (LGUs) to exercise balance and prudence when suspending classes, stressing that while ensuring public safety is paramount, prolonged suspensions may disrupt learning and hinder students’ development. In a...
The Commission on Audit (COA) will soon require all its employees to file detailed conflict-of-interest declarations, part of a series of reforms following anomalies uncovered in the country 's flood control and infrastructure projects. COA Chairperson Gamaliel Cordoba said this on Monday,...
President Marcos remains open to all "good suggestions" that aim to recover the stolen public funds from the failed and non-existent flood control projects, Malacañang said. Palace Press Officer and Communications Undersecretary Claire Castro said this when asked whether or not Marcos would favor...
Senator Erwin Tulfo filed on Monday, Oct. 13, a bill seeking to criminalize the so-called “license for rent” scheme, a notorious practice that emerged as a central modus operandi in the past flood control scam probe hearings in the Senate. In filing Senate Bill 1453, Tulfo, who serves as...
The initial public offering of Maynilad Water Services Inc. is expected to proceed this month after the firm has secured commitments from cornerstone investors who will take up over half of the offered shares. On the sidelines of the 57th Finex Annual Conference, Maynilad Chairman Manuel V....
The Department of Education (DepEd) gathered its Adopt-a-School partners and private sector allies on Friday, October 10, for a Classroom Market Scoping Activity — a key step toward mobilizing more partners to help close the country’s classroom backlog through transparent and standards-based...
The Department of Public Works and Highways (DPWH) will forge an alliance with the Anti-Money Laundering Council (AMLC), Philippine Competition Commission (PCC), and Insurance Commission (IC) to expedite the recovery of public funds allegedly misused in ghost flood control projects. DPWH Secretary...
In no uncertain terms, the state-controlled Land Bank of the Philippines debunked any irregularities regarding the release of millions of pesos meant to fund flood control projects, which were instead allegedly pocketed by private and public, elected and appointed, individuals. As a significant...
"You cannot paint everyone in government with the same brush as all of these corrupt operators that you see in government." This was what President Marcos said in an interview with The Manila Bulletin’s “The Sit Down" as he pointed out that corrupt officials are not the face of the government....
President Marcos has announced that every public school teacher will get a P1,000 incentive each on World Teachers ' Day in recognition of their efforts and sacrifices. Marcos made the announcement during the celebration of National Teachers ' Day on Monday, Oct. 6, at the Mall of Asia...
Senate President Pro Tempore Panfilo "Ping" Lacson confirmed on Saturday night, Oct. 4, that he has cancelled the next Blue Ribbon Committee hearing on the anomalous flood control projects next week "until further notice". In a Viber message, Lacson, who chairs the investigative panel, initially...
