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Cebu City Council slashes Rama’s proposed P100B budget to P25B
CEBU CITY, Philippines — Cebu City Mayor Michael Rama’s proposed P100 billion budget for 2024 was reduced to P25 billion by the City Council, which overrode the mayor’s veto. Councilor Jocelyn Pesquera, vice chairperson of the council’s Committee on Budget and Finance, confirmed the decision on Wednesday, Jan. 24, emphasizing that all provisions in the.....»»
Audit of P10.3 billion free tuition fund sought
A lawmaker has sought an audit of the P10.3-billion budget for free tuition and living allowance of poor students in state universities and colleges and private higher education institution......»»
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.....»»
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......»»
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.....»»
DOH, DOLE deny any hand in Cha-cha signature drive
MANILA, Philippines — Representatives of the Department of Health (DOH) and the Department of Labor and Employment (DOLE) denied that their agencies are involved in the controversial signature campaign to amend the 1987 Constitution. The clarification came after Senator Imee Marcos brought up, during the Senate’s Tuesday hearing, that DOH’s Medical Assistance for Indigent Patients.....»»
PH Allocates Over P32 Billion to Boost Workforce
The Philippine government has allocated billions of funds to enhance employment and livelihood programs in the 2024 budget. The Department of Budget and Management (DBM) Secretary, Mina F. Pangandaman announced a substantial allocation of P32.720 billion under the Fiscal Year 2024 General Appropriations Act (GAA). The budget includes important initiatives spearheaded by the Department of […].....»»
House balks at ‘absurd’ Senate allegations about cash aid program
House Senior Deputy Speaker Aurelio Gonzales has also insisted that senators approved the Ayuda sa Kapos ang Kita Program during the budget legislation process, calling their line of questioning about its “sudden” appearance in the 2024 budget “absurd.”.....»»
PIDS: LGUs losing P10 billion from single power outage
Local governments are estimated to suffer over P10 billion worth of losses from a single electricity supply interruption, affecting the delivery of public services, according to the Philippine Institute for Development Studies......»»
Interim Budget: FICCI advocates measures in comprehensive budget recommendations for 2024-25
New Delhi [India], January 25 (ANI): The Federation of Indian Chambers of Commerce and Industry (FICCI) has presented a set of comprehensive recommendations ahead of the Interim Union Budget for 2024-25, outlining a strategic roadmap to fortify India's economic foundation. The proposals span a spectrum of sectors, ranging from public investments to support for micro, small, and medium-sized enterprises (MSMEs), innovation.....»»
Interim Budget: FICCI advocates measures in comprehensive budget recommendations for 2024-25
New Delhi [India], January 25 (ANI): The Federation of Indian Chambers of Commerce and Industry (FICCI) has presented a set of comprehensive recommendations ahead of the Interim Union Budget for 2024-25, outlining a strategic roadmap to fortify India's economic foundation. The proposals span a spectrum of sectors, ranging from public investments to support for micro, small, and medium-sized enterprises (MSMEs), innovation.....»»
PLDT proposes $3 million settlement in US budget mess suit
Integrated telco PLDT Inc. has proposed to settle $3 million, or around P165 million, to resolve a class action suit filed against it in the US over its budget fiasco......»»
PH’s BOI grants green lane endorsement for P10.85-B wind project in Laguna
The project, with an investment cost of P10.85 billion, is set to start its commercial operations by 2026 and is expected to generate at least 30 direct and 500 indirect employment for Filipinos......»»
P10.54 million shabu seized in Iloilo
At least 1.55 kilos of shabu with an estimated street value of P10.54 million were recovered in stings in Iloilo City on Thursday, Western Visayas police director Brig. Gen. Jack Wanky said......»»
PNP gets P10 million reward for busting Bicol crime ring
A reward of P10 million was given to the Philippine National Police for breaking up a criminal ring based in Bicol with the killing of its leaders last month......»»
Ex-con nasakmitan og P10.8M shabu
Ex-con nasakmitan og P10.8M shabu.....»»
Filinvest raises P10 billion from new bond offer
Filinvest Development Corp. has raised P10 billion from the first tranche of its bond offering under shelf registration......»»
Makati barangays to get P10 million more from tax shares
All 23 barangays of Makati are each getting an additional P10-million share from the city’s basic real property tax collection following the transfer of the 10 enlisted men’s barrio or “embo” barangays to Taguig, Mayor Abby Binay said yesterday......»»
P10.5-M unmarked fuel seized in Bataan
P10.5-M unmarked fuel seized in Bataan.....»»
Union Bank board approves P10-B stock rights offering
The board of directors of Union Bank approved a plan to conduct a stock rights offering to raise up to P10 billion to “fund the capital infusion to UnionDigital” and for “projected retail loan availments”......»»