By ARGYLL CYRUS GEDUCOS Families affected by the southwest monsoon in Matanog, Maguindanao del Norte received government financial assistance and relief supplies over the weekend. ASSISTANCE TO FLOOD VICTIMS — Special Assistant to the President Secretary Antonio Lagdameo Jr. and Department...
The Department of Finance (DOF) announced that government revenues have already achieved half of the target for the year in the first semester, indicating a promising outlook for meeting the full-year goal. Finance Secretary Ralph G. Recto said that a total of P2.13 trillion in revenues was...
The government raised its budgetary support to state-run firms by 31 percent to P9.7 billion in May, with the bulk of the subsidies intended to support the agriculture sector. Data from the Bureau of the Treasury showed subsidies to government-owned and controlled corporations (GOCCs) in May...
(L-R) Admiral Adoong Pan-Inam, Commander-in-Chief of the Royal Thai Navy, and Department of National Defense Undersecretary Angelito M. De Leon (Photo: DND) The country’s defense sector got a much-needed support from Thailand’s navy amid efforts to modernize the Philippine Navy (PN) and...
President Marcos has lauded the Filipinos in Sulu for nourishing their ancestors' arts, music, creations, and customs from centuries ago. President Ferdinand ‘Bongbong’ Marcos Jr. (KJ Rosales/PPA Pool) Marcos said this as he led the distribution of P10 million in financial assistance to...
President Marcos has distributed nearly P100 million in financial assistance to farmers and fisherfolk affected by the El Niño phenomenon in Samar, Northern Samar, and Eastern Samar. President Ferdinand ‘Bongbong’ Marcos Jr. (RTVM screenshot) Marcos handed over P50 million to Samar Gov. Sharee...
The national government’s debt soared in May due to the depreciation of the Philippine peso and the government's net financing during the period, the Bureau of the Treasury reported on Thursday, July 4. Data released by the treasury showed that the latest debt balance reflects a P330.39 billion,...
Enstack, an AI-powered business management app, said it will help drive the digital transformation of local entrepreneurs in Quezon City, enabling them to thrive in an increasingly digital marketplace. In a statement on Wednesday, July 3, Enstack said the initiative aims to support over 100,000...
Camarines Sur 2nd district Rep. LRay Villafuerte (Rep. Villafuerte's Facebook) Camarines Sur 2nd district Rep. LRay Villafuerte said local government units (LGUs) will have more resources to spend next year on programs benefitting senior citizens, persons...
The Marcos administration’s borrowings surged in May due to the government’s maiden offshore bond sale this year, data from the Bureau of the Treasury showed. According to the Treasury, gross financing rose by 77 percent to P259.33 billion in May from the P146.78 billion recorded in the same...
The Department of Budget and Management (DBM) has instructed government agencies with low budget utilization rates to submit their catch-up plans. In a DBM circular letter dated June 28, the budget department ordered heads of departments, agencies, bureaus, and offices of the national government to...
The Government Service Insurance System (GSIS) vowed seamless services for its members and pensioners amid natural disasters. Wick Veloso, GSIS president and general manager, said that part of the pension fund's ongoing digital transformation efforts is to enhance its disaster recovery and...
