The assets of the Government Service Insurance System (GSIS) and the Home Development Mutual Fund, more popularly known as Pag-IBIG Fund, reached record highs while growing their respective bottom lines in 2024. Their fortified assets ensure the financial viability of these state-run social...
(Unsplash) The 2025 General Appropriations Act (GAA) or national budget features an additional P500 million worth of Calamity Fund, which would do a long way in terms of improving the country's disaster preparedness and long-term climate resilience....
The Department of Health (DOH) on Wednesday, Feb. 12, said it is seeking additional government funding for the country’s HIV/AIDS, tuberculosis (TB), and malaria programs as the Global Fund gradually shifts its support strategy. (DOH) In a statement, DOH noted that reduced international...
The Sandiganbayan has acquitted former Agusan del Sur congressman Rodolfo G. Plaza and several others of multiple criminal charges involving the alleged irregular implementation of agricultural projects from 2004 to 2010 out of the former legislator's Priority Development Assistance Fund (PDAF). In...
Gabriela Party-list Rep. Arlene Brosas (left); President Ferdinand "Bongbong" Marcos Jr. (PPAB, Facebook) Gabriela Party-list Rep. Arlene Brosas is doubtful that Marcos government's deal with privately-owned transmission company...
While there have been potential foreign institutions interested to invest in the country's first sovereign wealth fund, it has yet to secure any investment from President Marcos' foreign trips. MIC President Rafael Consing Jr. (RTVM) "Wala pa (Nothing so far)," Maharlika Investment Corporation...
Synergy Grid and Development Philippines Inc. (SGP) has accepted a binding offer from the state-run Maharlika Investment Corporation (MIC) for a 20-percent stake to secure a foothold in the National Grid Corporation of the Philippines (NGCP), Malacañang said. MAIDEN INVESTMENT — President...
(MANILA BULLETIN) Is the Philippine government eyeing a takeover of power grid operator National Grid Corporation of the Philippines (NGCP) through the Maharlika Investment Fund (MIF)? House Deputy Minority Leader AAMBIS-OWA Party-list Rep. Lex...
The Sandiganbayan has vowed to terminate expeditiously the remaining issues in Civil Case No. 0033, an ill-gotten case that was filed in 1987 against scores of individuals and business firms by the Presidential Commission on Good Government (PCGG). The case has been subdivided into eight separate...
President Marcos underscored the Philippines' proactive role in global climate governance, saying it will use its position on the Loss and Damage Fund Board to advocate for actionable commitments in climate finance from developed nations. President Ferdinand 'Bongbong' Marcos Jr. (Malacañang...
Senator Sherwin Gatchalian (Gatchalian's Facebook page) Senator Sherwin Gatchalian said the retention of the P80 million scholarship fund for child development workers (CDWs) under the 2025 national budget was an important step toward enhancing their...
Photo shows flooded areas in Naga City, Camarines Sur due to Severe Tropical Storm "Kristine" during an aerial survey conducted by the Armed Forces of the Philippines (AFP) on Oct. 28, 2024. (Photo: AFP) Camarines Sur 2nd district Rep. LRay...
