The newly signed law creating an annual ₱20-billion fund to strengthen the competitiveness of the local livestock and poultry sectors is expected to curb the soaring prices of pork, according to Agriculture Secretary Francisco Tiu Laurel. Three days before it was expected to lapse into law,...
As the country reconsiders nuclear energy, the Department of Energy (DOE) is set to explore financing options in coordination with the Department of Finance (DOF), the Department of Economy, Planning and Development (DepDev), and the Maharlika Investment Corp. (MIC), among other agencies. In a...
Top-ranking agriculture officials of the Association of Southeast Asian Nations (ASEAN) have agreed to strengthen trade within the region, as most of the bloc’s members are still awaiting progress on their respective deals with the United States (US) concerning reciprocal tariffs. This agreement...
To expedite the recovery of victims of recent calamities that have struck the country, the Department of Budget and Management (DBM) has released a total of ₱1.6 billion for the calamity funds of national government agencies. This amount has been used to replenish the quick response funds (QRFs)...
Agriculture Secretary Francisco Tiu Laurel is casting doubt on the Bangko Sentral ng Pilipinas’ (BSP) projection that inflation likely quickened in September due to higher rice prices, maintaining that retail prices of the staple remain stable. The BSP estimated that last month’s inflation rate...
Senator Raffy Tulfo criticized the Food and Drug Administration (FDA) for its supposed negligence and inaction on the continued sale of unregistered products that pose health risks. During the budget hearing of the Department of Health (DOH) and its attached agencies on Thursday, Oct. 2, Senator...
State insurers Social Security System (SSS) and Government Service Insurance System (GSIS) have offered over ₱10 billion in calamity loans to extend financial aid to members in disaster-hit areas. This follows Department of Finance (DOF) Secretary Ralph G. Recto’s order to government financial...
The Department of Energy (DOE) has expressed full support for the private sector’s ongoing efforts to proceed with carbon credit trading, as two coal-fired power plants are slated for retirement and repurposing. During a High-Level Forum on Carbon Credits on Thursday, Oct. 2, Energy...
Senator Mark Villar has filed a bill mandating comprehensive drone monitoring of all government construction projects as a requirement before any payments can be processed. Senate Bill (SB) No. 1438, titled the "Government Construction Project Transparency and Accountability Act of 2025”,...
The Department of Energy (DOE) is considering extending its de-risking initiative—currently focused on geothermal energy investments—to nuclear energy following the Marcos administration’s approval of the Philippine Nuclear Energy Safety Act, also known as the PhilATOM law. In an ambush...
Senator Mark Villar stated on Thursday, Oct. 2, that none of his relatives acquired government contracts during his five-year tenure as the Department of Public Works and Highways (DPWH) secretary. In a statement Thursday, Oct. 2, Senator Mark says that he welcomes and fully supports any...
Department of Health (DOH) Secretary Ted Herbosa disclosed on Wednesday, Oct. 1, that there are health facilities in the country whose construction has been left unfinished despite providing full payment to contractors. Herbosa disclosed this during the hearing of the agency 's proposed...