In about six months time, the state-controlled Intercontinental Broadcasting Corporation (IBC 13) will go belly-up and leave about 178 people jobless, unless a miracle happens and the network gets privatized soon. The IBC 13 logo (photo from ibc13tv.com) During the plenary budget debate on the...
The slip-up of the Office of Press Secretary (OPS) about the details of the meeting between President Ferdinand “Bongbong” Marcos Jr. and US President Joe Biden won’t happen again, the House sponsor of the OPS budget said. Press Secretary Trixie Cruz-Angeles (Photo courtesy of the Office of...
President Marcos’ economic managers were pursuing more foreign investments from the US, trumpeting the country's sound macroeconomic fundamentals, the government’s clear roadmap for economic recovery, and sustainable growth. At the first Philippine Economic Briefing (PEB) in North America late...
Virus-related research in the country would receive fresh funding next year in line with the government’s effort to ensure the health and safety of Filipinos, the Department of Budget and Management (DBM). Budget Secretary Amenah F. Pangandaman said the Marcos administration earmarked P419.3...
The Department of Budget and Management (DBM) has tapped the Department of Interior and Local Government (DILG) and the National Bureau of Investigation (NBI) to break up fraudulent solicitation schemes. In a statement, Budget Secretary Amenah F. Pangandaman said on Wednesday, Sept. 21, that the...
Economic managers expressed gratitude to Congress for supporting the Marcos administration's medium-term fiscal blueprint that aims to steer the economy back to its high-growth trajectory. Finance Secretary Benjamin E. Diokno and Budget Secretary Amenah F. Pangandaman said on Tuesday, Sept. 20,...
The Department of Finance (DOF) said the Marcos administration is committed to fiscal prudence to fund government programs and meet its obligations with creditors. Finance SecretaryBenjamin E. Diokno said Tuesday, Sept. 20, that the government welcomed the decision of Moody’s Investors Service...
DSWD Secretary Erwin Tulfo and PAO chief Persida Acosta (ERWIN TULFO FACEBOOK PAGE) The Department of Social Welfare and Development (DSWD) has collaborated with the Public Attorney's Office (PAO) to help single mothers get sustainment from fathers who do not provide child support. DSWD Secretary...
The Philippine government and the German development agency sealed a technical assistance grant to make climate information accessible to the public, the Department of Finance (DOF) announced. In a statement, the DOF said that Manila and Deutsche Gesellschaft für Internationale Zusammenarbeit...
The National Economic and Development Authority (NEDA) expects the amended implementing rules and regulations (IRR) of the build-operate-transfer (BOT) law to take effect next month. Socioeconomic Planning Secretary Arsenio M. Balisacan said the Cabinet-level BOT IRR Committee, chaired by the NEDA,...
The Department of Budget and Management (DBM) said it has earmarked P11 billion for the Rice Competitiveness Enhancement Fund (RCEF) as well as assistance to farmers and fisherfolks next year. In a statement, Budget Secretary Amenah F. Pangandaman said the government plans to spend P10 billion for...
Information Technology and Business Processing Outsourcing (IT-BPO) enterprises registered with the Philippine Economic Zone Authority (PEZA) need to transfer to the Board of Investments (BOI) to retain their tax incentives and continue their work from home (WFH) arrangement, the Department of...
