The economic team of President Marcos will keep the government’s growth target this year despite the higher than expected pace of expansion recorded in the third quarter. Finance Secretary Benjamin E. Diokno said the inter-agency Development Budget Coordination Committee (DBCC) will keep its...
The best is yet to come in terms of the country's economic recovery under the Marcos administration. House Speaker Martin Romualdez (Speaker's office) House Speaker Martin Romualdez confidently made this declaration Tuesday morning, Nov. 29 at Business World's Economic Forum held at the Grand Hyatt...
Senator Sherwin Gatchalian on Sunday, November 27 urged the government to launch more programs and interventions aimed at improving students’ proficiency in reading. Gatchalian, chairman of the Senate Committee on Basic Education, made the call as the nation commemorates National Book Week from...
The Department of Finance (DOF) said that meeting the government’s economic growth target this year has become more certain, given the sustained recovery of domestic demand and improved labor market conditions. Finance Secretary Benjamin E. Diokno said the government would meet the 6.5 percent to...
After financial analytics firm S&P Global maintained the Philippines’ long-term foreign currency-rating at BBB+, House Ways and Means Chairman and Albay 2nd district Rep. Joey Salceda credited the Marcos administration for successful economic recovery. Albay 2nd district Rep. Joey Salceda On...
BANGKOK, Thailand—President Ferdinand "Bongbong" Marcos Jr. has called on fellow leaders to adopt policies that promote a green post-pandemic recovery, citing the "insufficient' support to a green transition. President Ferdinand 'Bongbong' Marcos Jr. (Photo courtesy of the Office of the Press...
Next year's proposed P5.268-trillion national budget has social safety nets that seek to support economic recovery amid the uncertainties brought mainly by the Russia-Ukraine conflict and the COVID-19 pandemic, Senator Sherwin Gatchalian said on Friday, November 18. Gatchalian made the statement...
While the return to full face-to-face classes will help bridge the learning gaps, a group of education workers urged the government to implement immediate reforms to ensure education recovery amid the Covid-19 pandemic. (MARK BALMORES / MANILA BULLETIN) For the Alliance of Concerned Teachers (ACT)...
President Ferdinand R. Marcos Jr. returned to the country early this week after the 40th and 41st Association of Southeast Asian Nations (ASEAN) Summits and Related Summits in Phnom Penh, Cambodia. He dubbed the participation of the Philippines — and his first as Chief Executive — as a success,...
The Department of Education (DepED) on Monday, Nov. 14, welcomed the approval of the Senate for its 2023 budget. DepED / MB Visual Content Group Issuing a statement, DepED expressed gratitude to the Senate for approving the budget of the department and its attached agencies for the Fiscal Year (FY)...
If there’s anything that the Philippines can do for Ukraine, it's sending over Filipino workers who can help rebuild the homes and public buildings that were destroyed there during the war. Ukrainian soldiers and rescue officers search for bodies in the debris at the military school hit by...
The country’s economic recovery is gaining traction with the better than expected growth seen in the third-quarter, the Department of Finance (DOF) said. Finance Secretary Benjamin E. Diokno said the 7.6 percent gross domestic product (GDP) in July to September reflected the “many good news...