The Department of Labor and Employment (DOLE) has released ₱11 million to assist more than 1,500 workers whose livelihoods were disrupted by the strong earthquake that struck Cebu on Sept. 30. The aid will be distributed through the Tulong Panghanapbuhay sa Ating Disadvantaged/Displaced Workers...
The United States Embassy in Manila announced that its social media platforms will not be updated with the federal government’s partial shutdown, although it assured that the passport and visa services will continue. This announcement was made in a recent post on X (formerly Twitter) by the...
State insurers Social Security System (SSS) and Government Service Insurance System (GSIS) have offered over ₱10 billion in calamity loans to extend financial aid to members in disaster-hit areas. This follows Department of Finance (DOF) Secretary Ralph G. Recto’s order to government financial...
President Marcos has expressed condolences to the families who lost loved ones in the 6.9-magnitude earthquake that struck Cebu Tuesday night, and assured that government agencies have been fully mobilized to respond to the disaster. “Buong puso akong nakikiramay sa mga pamilyang nawalan ng mahal...
Five new undersecretaries of the Department of Public Works and Highways (DPWH) were sworn in on Tuesday, Sept, 30, as part of a reorganization to strengthen operations and accountability in the department DPWH Secretary Vince Dizon said President Marcos signed the appointment papers of the...
Reversing its record high of ₱17.56 trillion in July, the national government’s outstanding debt shrank to ₱17.47 trillion in August, due to settlement of over half a trillion pesos in local bonds and stronger peso. Given this development, Finance Secretary Ralph G. Recto and National...
The Armed Forces of the Philippines (AFP) asserted Tuesday, Sept. 30, that it remains intact, professional, and loyal to the Constitution despite conflicting statements from top government officials on the state of the national government. “For us, we do not speak for the entire government. But...
Both foreign and domestic borrowings of the national government swelled by double digits in the first eight months of the year, leading to a 17.2 percent increase in the Marcos administration’s gross debt to ₱2.27 trillion as of end-August. Data from the Bureau of the Treasury (BTr) showed that...
Marking the lowest amount in 2025, the national government’s planned borrowings for the final three months of the year stand at ₱437 billion, a reduction of ₱253 billion from ₱690 billion in the third quarter. Signed by National Treasurer Sharon Almanza, the Bureau of the Treasury (BTr)...
Department of Education (DepEd) Secretary Sonny Angara on Thursday, September 25, announced that Undersecretary Trygve L. Olaivar, who was linked to alleged irregularities in flood control projects, has requested a voluntary leave of absence from his post. “Usec. Olaivar has informed me he will...
Government Service Insurance System (GSIS) said its investments in DigiPlus Interactive Corp. have so far generated a total of ₱139 million in dividends since it injected ₱1 billion worth of funds into the gaming firm in 2023. “We already made ₱139 million from that [investment],” Jose...
The Marcos government borrowed only ₱27 billion of its planned ₱35 billion through the sale of two government bonds, as demand was weaker for both the three-year and 20-year bonds, while borrowing costs remained high for the latter. During the sale of reissued 20-year Treasury bonds (T-bonds)...
