President Marcos' top economic manager stated that the ongoing sale of dollar-denominated retail Treasury bonds is a major step towards achieving financial inclusion for Filipinos. Finance Secretary Benjamin E. Diokno said the second sale of retail dollar bonds (RDB) contributes to fostering...
The Commission on Audit (COA) has denied the P9.1 million in backwages and benefits claimed by a former National Library of the Philippines (NLP) official who was dismissed from the government service when found guilty in an administrative charge in 1996 but was granted executive clemency in 2012....
The Senate has ratified the bicameral conference committee report on the disagreeing provisions of Senate Bill No. 2224 and House Bill No. 4125 or the proposed Ease of Paying Taxes Act. The bill primarily seeks to amend provisions of the National Internal Revenue Code of 1997 to simplify the...
Vice President Sara Duterte (left), ACT Teachers Party-list Rep. France Castro (Facebook, Rep. Castro's office) The Vice President isn't a mere "spare tire" for the presidency. Davao de Oro 1st district Rep, Maria Carmen Zamora made a case for...
The combined P650-million confidential funds of the Office of the Vice President (OVP) and Department of Education (DepEd)--both under Vice President Sara Duterte--will be among those to be realigned to intelligence and security agencies tasked to address "escalating threats in...
The government will be courting foreign and local private investors that will inject up to P500 billion worth of capital outlay for the planned Smart Green and Grid System (SGGS) or the parallel grid that will underpin massive investments in the country’s emerging offshore wind industry. In a...
The Senate will strive to increase the proposed budget of the Department of National Defense, including the Armed Forces of the Philippines (AFP) for next year to strengthen the country’s defense operations and as part of its efforts to defend the country amid the tensions in the West Philippine...
Vice President Sara Duterte (Facebook) The Office of the Vice President (OVP) spent its confidential funds worth P125 million in 19 days--not 11 as previously discussed in the budget plenary debates in the House of Representatives. OVP budget sponsor, Davao...
The government has successfully raised $611.2 million through the sale of retail dollar bonds (RDBs), marking President Marcos' first-ever issuance of such instruments to local investors, particularly overseas Filipino workers (OFWs). The Bureau of the Treasury had initially planned to offer $200...
Vice President Sara Duterte (rightmost, bottom row, sitting) listens to Davao de Oro 1st district Rep, Maria Carmen Zamora's (standing) defense of the OVP budget for 2024. (Screenshot from YouTube live) The Office of the Vice President (OVP) will "submit to the...
Senate President Juan Miguel “Migz” Zubiri on Wednesday, September 27 said the Senate will reallocate confidential and intelligence funds (CIF) and other unnecesary appropriations and give it to the Philippine Coast Guard and the Armed Forces of the Philippines (AFP) and other agencies...
REFLECTIONS TODAY Jesus calls the Twelve (apostles) and gives them power to exorcise demons and to heal the sick. As he sends them, Jesus asks them to travel light. They should not bring anything extra or superfluous. They are not there to impress people with non-essential things. Jesus...
