Budget Secretary Amenah F. Pangandaman has assured that public projects jointly funded with bilateral and multilateral development partners will be implemented as scheduled next year, as most of them formed part of the regular 2025 budget proposal. "So far, when I saw the GAB [general...
By DERCO ROSAL Infrastructure spending declined in August, mainly due to the weak disbursements made by the Department of Public Works and Highways (DPWH), Department of Budget and Management (DBM) data revealed. In a DBM report, the Marcos administration’s spending on infrastructure and...
US-based tech giants are worried that the 12-percent value-added tax (VAT) to be collected from digital services providers (DSPs), plus more stringent rules on internet transactions under two new Philippine laws, could make it harder for global firms to operate here. "While this law imposing VAT on...
The Philippines will borrow $67.34 million (over P3.9 billion) from the World Bank to modernize Filipino civil servants. An Oct. 25 document disclosed that the Washington-based multilateral lender's board is expected to green-light its investment project financing for the Philippines Civil...
Government employees are set to receive their year-end bonuses and cash gifts earlier than usual, the Department of Budget and Management (DBM) said. In a statement, Budget Secretary Amenah F. Pangandaman said she signed DBM Budget Circular No. 2024-3 on Oct. 22, outlining the new guidelines for...
Former Department of Interior and Local Government (DILG) Secretary Benjamin “Benhur” Abalos Jr. (Mark Balmores/MANILA BULLETIN) Former Department of Interior and Local Government (DILG) Secretary Benjamin “Benhur” Abalos Jr. is urging the...
State-owned Government Service Insurance System (GSIS) said it is closely monitoring typhoon-hit regions and will immediately offer loans to eligible members and pensioners once an area is declared under state of calamity. “GSIS is monitoring other areas in the Bicol Region, CALABARZON, MIMAROPA,...
Department of Budget and Management (DBM) Secretary Amenah F. Pangandaman has authorized a P454 million vehicle purchase for the Department of Health (DOH). On Oct. 17, Pangandaman approved the issuance of an Authority to Purchase Motor Vehicle (APMV) to strengthen the country's healthcare system....
A new transportation hub, set to rival the scale of the Parañaque Integrated Terminal Exchange (PITX), is in the works in Quezon City, the Government Service Insurance System (GSIS) announced. In a statement, the pension fund said on Monday, Oct. 21, that four government agencies have joined...
State-owned Government Service Insurance System (GSIS) has allocated a near P3 billion in emergency loans to aid its members and pensioners in regions affected by recent calamities. In a statement, the pension fund for government workers said over P2.8 billion has been earmarked for...
President Marcos has appointed lawyer Marilyn Barua-Yap as the new chairperson of the Civil Service Commission (CSC). Atty. Marilyn Barua-Yap (Photo courtesy of DAR) Barua-Yap will replace former CSC chief Karlo Nograles, who recently stepped down from the post. In the appointment letter...
TecPlata S. A., a subsidiary of Razon-led International Container Terminal Services Inc., achieved a new milestone with its handling of the first carbon-neutral container in Argentina. In a statement, ICTSI said the latest achievement marks a significant step forward in the company’s...
