No matter how complex government budget is, it must be made accessible and understandable for every Filipino, President Marcos said. The President made the remark on Friday, June 26, during the launch of the Centralized Open Monitoring Platform for Appropriations and Spending Statistics (COMPASS),...
The Parañaque City government will install metal detectors in all public schools as part of heightened security measures aimed at protecting students, teachers, and school personnel following the recent fatal shooting incident inside a school campus in Tacloban City. Mayor Edwin Olivarez said the...
The Asian Development Bank (ADB) has backed the Philippine government’s updated roadmap to overhaul how public funds are planned, spent, and monitored, saying stronger public financial management (PFM) systems are key to improving public services, strengthening resilience, as well as guarding...
The Bureau of Internal Revenue (BIR) secured clearance from the Department of Justice (DOJ) to file 44 criminal tax evasion cases against three former public works officials over an alleged ₱1.68 billion in unpaid liabilities. In a statement, the BIR reported that the DOJ found probable cause to...
The Philippines’ more-than-three-decade-old devolution program remains incomplete, with local government units (LGUs) and national agencies continuing to share responsibilities for many basic services despite the 1991 Local Government Code (LGC), according to state-run policy think tank...
The driver of former Department of Public Works and Highways (DPWH) district engineer Henry Alcantara told the Sandiganbayan on Tuesday, June 23, that he delivered sealed boxes, which he suspected contained money, from the Bulacan First District Engineering Office to individuals he identified as...
We’ve been here before. Sitting in front of a so-called "new breed" of stars, all eager, excited, and endlessly hopeful. It rubs off on us easily. We smile. Caprice Cayetano, Heath Jornales, Marco Masa, and Clifford don 't look or feel very different from the talents we met years back. We...
SINGAPORE — The Public-Private Partnership (PPP) Center is pushing for more local infrastructure PPP projects, as an upcoming joint memorandum circular (JMC) with the Department of the Interior and Local Government (DILG) is expected to guide local government units (LGUs) in tapping...
SINGAPORE — The Department of Transportation (DOTr) is confident that more private-sector bidders will participate in the Philippines’ upcoming railway public-private partnership (PPP) projects as the government increasingly taps multilateral development banks (MDBs) to provide financing...
The long-awaited initial public offering (IPO) of the company behind the popular e-wallet GCash—expected to be the country’s largest-ever listing by raising more than $1 billion—is finally underway as the company formally takes its first step toward going public. Mynt Inc., backed by Globe...
Maynilad Water Services Inc. has tapped International Finance Corp. (IFC) for a $500,000 infrastructure advisory services project aimed at strengthening the west zone concessionaire’s sustainability and resilience strategy. In a disclosure last Monday, June 15, IFC said the project was approved...
The Department of Public Works and Highways (DPWH) has started preliminary work on the ₱320-billion second phase of the Laguna Lakeshore Road Network (LLRN) project, which aims to provide a direct link between Taguig and Laguna. In a notice, the Environmental Management Bureau (EMB) said it will...
