The Marcos administration expects five more state-run companies to join the elite group of top-tier dividend contributors next year, accelerating its push to squeeze non-tax revenues from government entities to fund infrastructure without introducing new taxes. Finance Secretary Frederick D. Go...
Ombudsman Jesus Crispin “Boying” Remulla on Saturday, July 11, told politicians to choose between doing business and serving in government, saying public officials should stop engaging in government contracting amid the Office of the Ombudsman’s continuing conflict-of-interest...
Qualified government employees are expected to receive their Fiscal Year (FY) 2024 performance-based bonus (PBB) earlier than usual this year, Malacañang said. Palace Press Officer and Communications Undersecretary Claire Castro said the government is moving to expedite the processing and release...
Dividends collected under President Ferdinand R. Marcos Jr.’s administration have already exceeded half a trillion pesos since mid-2022, 31.2 percent higher than those under the Duterte administration and dwarfing the collections of the two earlier administrations. A government document from...
A federation of senior citizens in Quezon City has urged reforms in the Expanded Centenarian Act after a reported six-month delay in releasing the ₱10,000 cash gift for eligible beneficiaries. The United Senior Citizens Associations–Quezon City (USCA-QC), which represents more than 400 senior...
The Quezon City government is enhancing the preparedness of its frontline health responders against infectious disease outbreaks through specialized training on the proper use of personal protective equipment (PPE). As part of the initiative, the Quezon City Epidemiology and Surveillance Division...
The Government Service Insurance System (GSIS) expanded its investment in Citicore Renewable Energy Corp. (CREC) to ₱4.5 billion, completing a series of secondary-market purchases that finalized builder Megawide Construction Corp.’s exit from the solar producer. CREC disclosed to the...
A progressive group has rejected the move of the Office of the Ombudsman (OMB) to make former Department of Public Works and Highways (DPWH) Secretary Manuel Bonoan a state witness in flood-control cases involving high-ranking government officials, saying it is unacceptable for Bonoan to get off...
Senior citizens in Muntinlupa will once again be able to watch movies for free starting July 6, following the signing of an agreement between the city government and cinema operators. On July 1, Muntinlupa Mayor Ruffy Biazon signed a memorandum of agreement with SM Center Muntinlupa, Festival Mall,...
The government will exempt farm storage facilities from local real property taxes to boost farmers’ purchasing power for planting inputs, aiming to improve the country’s food production. On Wednesday, July 1, the Department of Agriculture (DA) and the Department of the Interior and Local...
The Government Service Insurance System (GSIS) expanded its Balik Ginhawa loan moratorium program to allow state workers and pensioners to claim cash refunds equivalent to up to six months of amortizations. Under the enhanced program, also known as Balik Ginhawa 2, qualified borrowers can recover...
Philippine firms face mounting pressure to adapt to worsening climate risks as recurrent flooding erodes productivity, threatens jobs, and drives businesses to relocate, prompting the World Bank to call for faster investments in resilient infrastructure, energy efficiency, as well as renewable...
