Government agencies posted a 94-percent utilization rate of their cash allocations in the first seven months of 2025, unchanged from a year ago, but the Department of Energy (DOE) and the Department of Information and Communications Technology (DICT) continued to trail behind. Latest data from the...
Department of Budget and Management (DBM) Secretary Amenah F. Pangandaman said it has already ordered government agencies to submit their catch-up plans following its slowest spending in three quarters in the second quarter. “We already asked each agency to submit to us their catch-up plan,”...
Multinational biopharmaceutical giant AstraZeneca is poised to invest more than ₱7 billion over the next three years as part of its commitment to advance scientific innovation in the Philippines’ healthcare system, including the establishment of the country’s first health innovation hub....
The government has programmed ₱419.9 billion in infrastructure spending for the third quarter, the biggest quarterly infra disbursement for 2025, at a time when allegedly fraudulent flood control projects are taking the spotlight amid concerns about some wasteful and corruption-laden public...
Senator Erwin Tulfo on Tuesday, August 19 pressed government officials to explain numerous flood control projects poured into provinces that are not even among the country’s most flood-prone areas. Citing a list released by President Marcos, Tulfo noted that Cebu received 414 flood control...
A military and uniformed personnel (MUP) reform has not made the cut for the priority legislation of President Ferdinand Marcos Jr.’s three remaining years, as enacting changes would entail higher costs. “I think the reform will be more costly at this point in time,” Finance Secretary Ralph...
The Department of Energy (DOE) is rolling out the first electrification projects for the year, partnering with five electric cooperatives (ECs) in Luzon and Visayas to address power strains in remote areas. In a statement on Tuesday, Aug. 19, the DOE announced the signing of a memorandum of...
While the previous administration warned that imposing a “wealth tax” on the rich could trigger capital flight and tax avoidance, Finance Secretary Ralph G. Recto—the chief economic manager of the Marcos Jr. administration—said he would support Congress if it proposes such a measure. “Let...
The Department of Energy (DOE) said it has secured interest from a United States-based (US) firm to explore potential natural hydrogen sites in Luzon, a step in the Philippines’ search for new energy sources. Energy Secretary Sharon Garin told reporters that Koloma, Inc., a natural hydrogen...
A Senate Bill has been introduced by Senator Win Gatchalian that aims to provide a three-year specialization college education in the Philippines, reducing the current required minimum from four years to three. The bill, to be known as the “Three-Year College Education (3CE) Act,” is based on...
The Department of Agriculture (DA) said the ineffectiveness of certain flood control projects, particularly in rice-producing areas, worsens the agricultural damage the country suffers annually due to tropical storms. In a press briefing on Monday, Aug. 18, DA Assistant Secretary Arnel de Mesa said...
Just days away from its potential passage into law, the leading figure behind Converge ICT Solutions Inc. expressed support for the contentious Konektadong Pinoy bill, in contrast to the opposition voiced by other major players in the telco industry. Despite his company being among the four leading...
