A successful compromise agreement—a process initiated during the previous administration—added ₱714 million to national coffers last May, coming from the current owner of a Monet painting that had been sold overseas and formed part of the ill-gotten wealth of the late strongman Ferdinand E....
Taking a major step toward transparent governance in Philippine education, the Department of Education (DepEd) on Saturday, August 23, introduced a tool designed to make school data more accessible and actionable for parents, teachers, local governments, and other stakeholders. In a statement,...
The Department of Education (DepEd) has amended its guidelines for the P7,000 medical allowance, giving teachers the flexibility to choose how they receive the benefit — a move welcomed by a teachers’ group. The Teachers’ Dignity Coalition (TDC), in a statement issued Saturday, August 23,...
Department of Public Works and Highways (DPWH) Secretary Manuel Bonoan said he will let President Marcos decide on his leave of absence amid an ongoing investigation into alleged corruption in flood control projects. Bonoan stressed that while accountability is important, his leadership remains...
After raising over half a trillion pesos from retail treasury bonds (RTBs) last week, the Marcos administration successfully borrowed ₱50 billion from separate sales of debt securities this week. During the sale of 10-year treasury bonds (T-bonds) on Tuesday, Aug. 19, the Bureau of the Treasury...
The Department of Public Works and Highways (DPWH) is now investigating into how a construction company with only P250,000 in capital was able to corner around P5.3 billion worth of flood control projects this year. DPWH Secretary Manuel Bonoan said the agency will review the records of the...
Citing its importance to the welfare of public educators and government workers, a teachers’ group on Monday, August 18, reiterated its appeal to the Department of Budget and Management (DBM) and Malacañang for the immediate release of the promised P7,000 medical allowance. The Teachers’...
Despite an increase in the Philippines’ general government (GG) debt-to-gross domestic product (GDP) ratio to 57.1 percent in 2024, the Marcos Jr. administration is targeting to gradually lower this debt ratio to the 54-percent level by the end of 2028. This was indicated in the national...
While the Commission on Elections (Comelec) made it clear that government contractors are prohibited from making donations to election candidates, it may come out differently if it were made in a personal capacity. "Sa aking palagay iyan ng magiging mabigat na depensa nung naturang tao (In my...
Contractors linked to politicians or their relatives may still secure flood-control projects if they meet all legal, technical, and financial requirements, the Department of Public Works and Highways (DPWH) said on Wednesday, Aug. 13. DPWH Secretary Manuel Bonoan clarified that the law allows...
The League of Cities of the Philippines (LCP) expressed its support for the Department of the Interior and Local Government 's (DILG) decision to implement a ban on online gambling for its personnel and all local government employees in the country. Newly installed LCP National President and...
As the national government’s (NG) outstanding debt continued to breach records in the second quarter of 2025, the debt-to-gross domestic product (GDP) ratio climbed to a 20-year high of 63.1 percent—further away from the Marcos administration’s target. Finance Secretary Ralph G. Recto,...
