The decades-long wait for the rehabilitation of Metro Manila’s main thoroughfare will take even longer as the government prepares to overhaul its plans on the project after President Marcos ordered the construction to be cut to just six months. The Department of Public Works and Highways (DPWH),...
Motorists may need to tighten their belts in the first week of June, as fuel prices are set to increase. Starting Tuesday, June 3, gasoline prices will rise by ₱0.40 per liter, and diesel by ₱0.30 per liter. Kerosene, on the other hand, will decrease by ₱0.10 per liter. Shell Pilipinas,...
Amid tight fiscal space for public spending, the government has tripled the number of projects included in the list of priority programs where donors from the private sector can enjoy tax deductions. In a May 22 addendum, the Department of Economy, Planning, and Development (DEPDev) included 12...
The government is looking to include 4,240 priority programs and projects (PAPs), with an investment requirement totaling about ₱4.71 trillion, in the 2026 national budget proposal to sustain public investments—especially in infrastructure and regional development. According to the Department...
Energy Secretary Raphael Lotilla’s exit may be drawing cheers from the camp he’s headed to, but back in the energy sector, the real prayer is this: bring in a new Secretary who comprehensively knows the policy playbook—and one who isn’t afraid to run it fairly and objectively across every...
Senator Christopher “Bong” Go urged the Department of Health (DOH) to intensify its anti-rabies efforts particularly its vaccination campaign across the country. Go, chairman of the Senate Committee on Health and Demography, made the call following recent cases of rabies-related deaths in the...
The Department of Trade and Industry (DTI) reported a 71 percent surge in approved investments to ₱3.54 trillion under the Marcos administration from July 2022 to April 2025, driven largely by renewable energy projects. In a statement, Trade Secretary Cristina A. Roque said the total includes...
The newly signed Capital Markets Efficiency Promotions Act (CMEPA) is projected to generate over ₱25 billion in net revenue gains over the next five years, according to the Department of Finance (DOF). Finance Secretary Ralph G. Recto said CMEPA also supports the country’s medium-term fiscal...
The World Bank Group (WBG) has imposed a 4.5-year debarment on L.S.D. Construction & Supplies, a construction firm in the Philippines, for “collusive, fraudulent, and corrupt practices” linked to the Philippine rural development project (PRDP). In a May 28 statement posted on its website, the...
The United States (US) Department of the Treasury’s Office of Foreign Assets Control (OFAC) has sanctioned Funnull Technology Inc., a Philippines-based firm, and its Chinese administrator Liu Lizhi, for facilitating massive virtual currency investment scams known as “pig butchering.” These...
The buzz and market excitement in the marketplace is being kept up by the price of rice at ₱20 per kilo, which vulnerable sectors in particular areas can avail of right from the start. It’s no longer just a campaign promise but is now being enforced, with the President brushing aside...
Approximately ₱90 million worth of smuggled sugar and cigarettes were seized by authorities at the Port of Manila, further fueling the government’s ongoing crackdown on agricultural smuggling to protect farmers and consumers. Officials from the Department of Agriculture (DA) and the Sugar...