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P3.3 trillion in agency budget released
A total of P3.3 trillion has been released to state agencies to implement priority programs and address the problem of underspending, according to the Department of Budget and Management......»»
US budget deficit tops half a trillion
Outlays accelerated while receipts fell in the first quarter of the new fiscal year, Treasury data shows The US federal budget deficit reached half a trillion dollars in the first three months of the new fiscal year as spending picked up while receipts shrank, the US Treasury revealed on Thursday. In December a.....»»
State agencies have more time to spend 2024 budget
The Department of Budget and Management has given state agencies more time to obligate and disburse this year’s record P5.768-trillion budget......»»
Budget officers in CV undergo financial management training
CEBU CITY, Philippines — Over 600 budget officers in Central Visayas underwent Public Financial Management (PFM) Training in Cebu last month. The initiative, led by the Department of Budget and Management (DBM) in collaboration with the Association of Local Budget Officers-Central Visayas Inc., took place at a hotel in Mandaue City. This training was a.....»»
DBM: Infrastructure, capital expenditures breach P1 trillion
Expenditures of the national government for infrastructure and other capital outlays grew to P1.02 trillion from January to November 2023 from only P861.8 billion in the same period in 2022, according to the Department of Budget and Management......»»
Budget-friendly travel hacks: How Filipinos can plan a memorable vacation on a budget
Budget-friendly travel hacks: How Filipinos can plan a memorable vacation on a budget.....»»
Bank assets grow 10 percent to P24.8 trillion
Philippine banks’ assets grew by 10.3 percent to P24.81 trillion in January from the P22.49 trillion recorded a year ago, according to data from the Bangko Sentral ng Pilipinas,.....»»
Philippines debt hits record P14.6 trillion
The Marcos administration has so far incurred P1.82 trillion in debt since it assumed office, largely due to a high interest rate environment, pushing the country’s outstanding obligation to an all-time high of P14.62 trillion in 2023, according to the Bureau of the Treasury......»»
EDITORIAL — ‘Very rotten’
A process has long been in place for the approval of the national budget. Malacañang, through the Department of Budget and Management, submits its proposed national expenditure program to Congress, and both chambers deliberate on the NEP to come up with their respective versions of the budget bill......»»
Unprogrammed appropriations boosted 2023 budget by P374 billion
The government has included a P374-billion additional program, on top of the P5.268 trillion national budget in 2023, the bulk of which were unprogrammed appropriations......»»
Government jacks up infrastructure spending to P1.2 trillion in 2023
The government jacked up its infrastructure spending last year, hitting P1.2 trillion and effectively surpassing its programmed allocation on the back of faster disbursements for major transport and road projects, according to the Department of Budget and Management......»»
Senate hearings on economic Cha-cha to start next week
Senate President Juan Miguel Zubiri said that the Senate will begin deliberating its proposal to amend the economic provisions of the 1987 Constitution next week amid heightened political tensions that seemed to have sprung from differing views on how to change the Charter......»»
Yellow Cab launches Half Moon Pizza
Yellow Cab Pizza Co. introduces Half Moon Pizza, a “just-for-you” size ideal for solo diners and available in Pepperoni and Hawaiian flavors for only P159.00. This budget-friendly alternative is designed for solo diners on a tight budget and is perfect for budget-conscious individuals or someone looking for a lighter meal. Yellow Cab’s Half Moon Pizzas.....»»
Over 500 PUVs pass roadworthiness check, 39 fail
Over 500 PUVs pass roadworthiness check, 39 fail.....»»
TUCP to House: Pass bill that seeks across-the-board P150 wage hike
TUCP to House: Pass bill that seeks across-the-board P150 wage hike.....»»
MPIC likely to pass up on subway bidding
The Metro Pacific Investments Corp. plans to pass up on the opportunity to manage the Metro Manila Subway Project (MMSP), the first underground railway in the Philippines being built by the government......»»
Calbayog Airport by-pass road commences second phase
Second phase in the construction of Calbayog Airport by-pass road is now underway with a contract amount of P69.12 million taken from the General Appropriations Act (GAA) for FY 2023 said Samar First DEO......»»
EDITORIAL — Pass-through fees
If the administration wants to tackle inflation and improve ease of doing business, it should scrutinize one of the contributors to high prices particularly of agricultural commodities, and a long-standing complaint of businessmen: pass-through fees collected from delivery trucks......»»
Marian Rivera, Dingdong Dantes witness Senate pass Eddie Garcia bill, honor Rewind
The Eddie Garcia bill passed the Senate on final reading with several celebrities present, including Iza Calzado, Ricky Davao, Randy Santiago, Tirso Cruz III, Martin Nievera, Pops Fernandez, celebrity couple Marian River and Dingdong Dantes, and Garcia's wife Lilibeth Romero......»»
Bill pushing P100 daily wage hike gets Senate nod on 2nd reading
MANILA, Philippines — The Senate on Wednesday approved on second reading a bill pushing for a P100-daily minimum wage hike for private sector workers. Senate Bill No. 2534 under Committee Report No. 190 was unanimously approved during Wednesday’s plenary session. Senate President Juan Miguel Zubiri said that once the wage hike bill gets the final.....»»