The Department of Agriculture (DA) will build cheaper farm-to-market roads (FMR) once it formally assumes responsibility of the program starting next year, with the agency introducing new methods to help cut costs. Agriculture Secretary Francisco Tiu Laurel said the government will save at least 20...
Senator Sherwin Gatchalian questioned on Monday, Oct. 27, the 104 percent increase of farm-to-market road (FMR) appropriations from P16 billion to P32 billion under the General Appropriations Bill (GAB). "Kasi nakita po namin sa GAB na lumaki ang pondo ng FMR from P16 billion to P32 billion...
There will no longer be "palakasan" or influence peddling in the construction of farm-to-market roads in the country, President Marcos said, citing that this practice has often led to misplaced and unhelpful projects. Marcos said due to the "palakasan" system, there have been agricultural roads...
It is easier to know those who are not guilty than those who are when it comes to assessing the number of government officials involved in corruption, Senate President Pro Tempore Panfilo “Ping” Lacson said on Thursday, October 9. Lacson said this after he and his staff reviewed...
Senate Committee on Finance chairman Sherwin Gatchalian on Wednesday, October 8 denounced the Department of Public Works and Highways’ (DPWH) farm-to-market road (FMR) projects in 2023 and 2024 for being extremely overpriced. Gatchalian pointed this out during Wednesday’s budget hearing of the...
The Department of Agriculture’s (DA) ongoing audit into farm-to-market roads (FMRs) has now found nine projects in Mindanao that are non-existent, with a combined value of approximately ₱125 million. Following the initial discovery of three “ghost” projects on Monday, Agriculture Secretary...
Alleged "ghost" farm-to-market road projects are being looked into, Malacañang said. This after the Department of Agriculture (DA) stumbled upon substandard and non-existent farm-to-market road projects across two provinces in Mindanao. Palace Press Officer and Communications Undersecretary Claire...
The local stock market inchd up despite losses in the US caused by Trump’s increasing attempts to influence the US Federal Reserve. The main index added 7.59 points or 0.12 percent to close at 6,145.59 as Miners led the advance, with only Banks retreating. Volume was thin at 593 million shares...
The hot summer season is indeed approaching as the Independent Electricity Market Operator of the Philippines (IEMOP) reported a spike in wholesale electricity spot market (WESM) prices in March. IEMOP data on Thursday, April 3, revealed that the average WESM price last month stood at ₱5.34 per...
Megawide Construction Corp.’s (Megawide) engineering, procurement, and construction (EPC) unit will commence with the construction of the ₱1-billion Block-2 of the ongoing Carbon Market redevelopment. The scope of work under the design and build contract for the Block-2 vertical structure...
The Sandiganbayan has affirmed the conviction of former Maguindanao governor Datu Sajid Islam Ampatuan for graft and malversation of public funds on the P393 million construction and rehabilitation of farm-to-market roads (FMRs) in 2009. Ampatuan, who is currently the vice mayor of Shariff Saydona...
Senatorial candidate Bam Aquino promised market vendors in Bataan that if he wins in the coming May 2025 midterm polls, he will serve as their “voice” in the upper chamber to push for laws and policies that will protect their rights and address their grievances. Senatorial candidate Bam Aquino...
