Education Secretary Juan Edgardo "Sonny" M. Angara is eyeing to tap additional concessional financing through cheap loans and grants extended by the Philippines' development partners as well as tycoons' deep pockets, to fund more classroom construction while addressing learning loss among Filipino...
By Derco Rosal For the first time in 10 years, the government has increased allowances for national employees working overseas to address the rising cost of living. On Oct. 30, President Ferdinand R. Marcos Jr. issued an executive order to update the regulations governing the payment of various...
A World Bank-funded project aimed at preparing Metro Manila for the so-called "The Big One" earthquake -- foreseen to shake the region in the near future -- is progressing despite the lack of budget from the national government. In a Nov. 3 implementation status and results report, the...
Even atoms deserve a second chance! The jury is still out on whether breathing a new life into the dormant 620-megawatt Bataan nuclear power plant (BNPP) will unfold as a bold step in advancing the country’s energy security goal– or if it would end up as risky revival of the past. The...
The Marcos administration is actively courting British investors, encouraging them to choose the Philippines as the location for their business expansion, the Department of Finance (DOF). Among the prominent British companies that the delegation engaged with were Actis, BP Plc, Global...
The Philippines needs to keep pursuing tax reform measures pending in Congress en route to its plan to narrow its yawning budget deficit, according to the World Bank. In its Philippines Monthly Economic Developments report for October 2024, the World Bank noted that the fiscal deficit as a share of...
The Cybercrime Investigation and Coordinating Center (CICC), an agency under the Department of Information and Communications Technology (DICT), has issued a warning to the public about scams, particularly those related to online bookings. (Photo from Unsplash) “While our fellow Filipinos...
To enhance coordination and support in areas affected by Severe Tropical Storm (STS) Kristine, the Department of Information and Communications Technology (DICT) has activated its Emergency Operations Center (EOC). (DICT / MB Visual Content Group) As the lead for the Emergency...
By DERCO ROSAL Department of Finance (DOF) Secretary Ralph G. Recto has secured the support of London executive Alderman Michael Mainelli to boost the Philippines’ ambitions in artificial intelligence (AI) and climate finance. On the sidelines of the Philippine Economic Briefing in London, Oct....
After severe tropical storm Kristine left the country comes the recovery phase. How fast can infrastructure be repaired, or built to replace the structures that were damaged or destroyed? How fast can people go back to a gainful occupation after experiencing strong winds and rains that...
The Philippines has co-organized a historic Parliamentary Roundtable Discussion to strengthen legislative support for the world’s Women, Peace and Security (WPS) agenda. The Department of Foreign Affairs (DFA) tied up with Japanese foundation Sasakawa Peace Foundation (SPF) in hosting the...
Gender and Development (GAD) needs to be mainstreamed into the national budget, Department of Budget and Management (DBM) Secretary Amenah F. Pangandaman said at the international conference on women, peace, and security (ICWPS). “What we should do, more than tagging this budget, (is that) we...
