The Department of Finance (DOF) said the national government's borrowing from local and foreign investors through the sale of debt papers demonstrated investor confidence in the Marcos administration. In a statement on Monday, Dec. 18, the DOF boasted President Marcos' multi-billion peso domestic...
Despite financial constraints and challenges, Jeraldyn Bansale, a former monitored child from the Bajau indigenous community in Leyte, graduated with a Bachelor of Science in Business Administration (BSBA) degree. Jeraldyn Bansale, a former monitored child from the Bajau indigenous community in...
AGRI Party-list Rep. Wilbert T. Lee (Rep. Lee's office) AGRI Party-list Rep. Wilbert T. Lee said that establishing a national framework for water resource management, as spelled out in the proposed Department of Water Resources (DWR), will boost...
The Department of Budget and Management (DBM) announced the disbursement of a P5 billion budget aimed at rebuilding, rehabilitating, and developing conflict-affected areas in the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM). In a statement, Budget Secretary Amenah F. Pangandaman said the...
After a seven-year hiatus prompted by human rights concerns, the Washington-led Millennium Challenge Corp. (MCC) has decided to resume providing grants to the Philippines. In a statement, Finance Secretary Benjamin E. Diokno said the US foreign aid agency that gives grant to developing countries...
The sale of and lease rentals from state-owned properties brought in P1.2 billion to the Bureau of the Treasury this year, according to a report by the Department of Finance (DOF). Data from the DOF showed that the Privatization and Management Office (PMO) exceeded its target this year by 84.6...
The Government Service Insurance System (GSIS) said it will offer fire insurance coverage for public school buildings under the Department of Education (DepEd) nationwide. Wick Veloso, GSIS president and general manager, said the pension fund will extend coverage to over 132,000...
The Department of Agriculture (DA) said that the country's rice supply is sufficient until the next harvest season, supported by steady local production and imports. In a briefing on Saturday, Dec. 13, Agriculture Assistant Secretary Arnel De Mesa said they expect the national rice stock inventory...
The Philippine Embassy in Beirut sent home 12 Filipinos amid continued tensions there between Hezbollah, a known ally of Palestinian militant group Hamas, and the Israeli Defense Forces (IDF), the Department of Foreign Affairs (DFA) said. Philippine Ambassador Raymond R. Balatbat (sixth from...
The Department of Science and Technology (DOST), through the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA), hosted the 13th Southeast Asia Astronomy Network Meeting (SEAAN) 2023, showcased its initiatives in astronomy development, which they said goes far...
The Development Budget Coordination Committee (DBCC) has increased its government revenue projection for this year due to stronger-than-expected collections and higher income from the customs and treasury bureaus. The DBCC, an interagency body responsible for setting the government’s...
Bagong Henerasyon Party-list Rep. Bernadette Herrera (Rep. Herrera's office) House Deputy Minority Leader Bagong Henerasyon Party-list Rep. Bernadette Herrera has hailed the passage of the proposed Department of Water Resources (DWR), a measure that...
