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...
Renewable energy (RE) firm Alternergy Holdings Corporation announced that the Department of Energy (DOE) approved its request to increase the registered capacity of the Tanay Wind Power Project. In a disclosure to the Philippine Stock Exchange on Wednesday, Oct. 30, Alternergy said the DOE...
As All Saints’ Day and All Souls’ Day approach, Filipinos are urged to be energy-conscious ahead of their weekend travels to hometowns. The Department of Energy (DOE) has called on the public to consider their energy consumption and travel plans, noting the importance of sustainability during...
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 Finance Secretary Ralph G. Recto said that the Department of Finance (DOF) will abide by the Supreme Court’s (SC) temporary restraining order (TRO) that halts the utilization of Philippine Health Insurance Corp.’s (PhilHealth) idle, unused, and excess funds. On Tuesday, Oct. 29,...
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...
The Philippines is "doing better" in addressing food poverty, President Marcos said as he cited the drop in the number of food poor families in the country. “We are doing a better job of feeding people who need it,” Marcos said during a sectoral meeting in Malacañan Palace on Tuesday, Oct. 29....
By DERCO ROSAL The Philippines is poised for potential credit rating upgrade given the country’s resilient economy and positive growth outlook, global banking giant Citi executives stated. “Citi executives expressed confidence that the country is well-positioned for a credit...
Senator Manuel “Lito” Lapid has called on the Senate to expedite the passage of the bill seeking to establish a Department of Water Resources—a centralized agency that would implement a comprehensive framework for water management. In his speech at the 30th PWWA International...
