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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......»»

Category: financeSource:  philstarRelated NewsFeb 23rd, 2024

Marcos approves release of P9.7 billion unprogrammed funds for DPWH projects

President Marcos has approved the release of P9.7 billion from the unprogrammed funds for public works and road repair whose original budget was slashed and included in the P60 billion in last-minute insertions in the 2024 national budget by some members of the House of Representatives......»»

Category: newsSource:  philstarRelated NewsFeb 20th, 2024

‘Imee budget realigning led to millions not receiving 4Ps’

Nearly 4.3 million poor Filipinos were deprived of cash aid under the government’s Pantawid Pamilyang Pilipino Program in 2023 after Sen. Imee Marcos realigned the 4Ps funding of P13 billion in the national budget to another social amelioration program, a member of the House of Representatives said yesterday......»»

Category: newsSource:  philstarRelated NewsFeb 20th, 2024

GMA reveals inadequacy of government plan and budget for climate change

GMA reveals inadequacy of government plan and budget for climate change.....»»

Category: sportsSource:  abscbnRelated NewsFeb 17th, 2024

Improvement sought in ‘very rotten’ budget process

Congress should exercise greater transparency in its budget process, according to Senate Minority Leader Aquilino Pimentel III, who called the process “very rotten.”.....»»

Category: newsSource:  philstarRelated NewsFeb 16th, 2024

GMA reveals inadequacy of government plan and budget for climate change

GMA reveals inadequacy of government plan and budget for climate change.....»»

Category: newsSource:  inquirerRelated NewsFeb 16th, 2024

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.”.....»»

Category: newsSource:  philstarRelated NewsFeb 14th, 2024

ONLY VM’S OFFICE AFFECTED | Moises Padilla s 2024 annual budget operational, Guv says

ONLY VM’S OFFICE AFFECTED | Moises Padilla s 2024 annual budget operational, Guv says.....»»

Category: newsSource:  sunstarRelated NewsFeb 13th, 2024

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......»»

Category: financeSource:  philstarRelated NewsFeb 7th, 2024

Learn how to monitor, evaluate government programs and projects

Pursuant to National Budget Circular 565 mandated by the Department of Budget and Management, key LGU officials and officers are required to strengthen their institution’s results-based monitoring, evaluation, and reporting of all government programs and projects......»»

Category: financeSource:  philstarRelated NewsJan 29th, 2024

Cong. Pulong Duterte got P51-B budget in three years

It was his own statement about having his district budget reduced this year that got House members to probe and discover that Davao City First District Representative Paolo ‘Pulong’ Duterte, son of former President Rodrigo Duterte, had received P51 billion in the past years......»»

Category: newsSource:  davaotodayRelated NewsJan 26th, 2024

Council-approved 2024 annual budget ‘ready for implementation’

Council-approved 2024 annual budget ‘ready for implementation’.....»»

Category: newsSource:  sunstarRelated NewsJan 24th, 2024

Rama vetoes 2024 annual budget, but Council overrides

Rama vetoes 2024 annual budget, but Council overrides.....»»

Category: newsSource:  sunstarRelated NewsJan 22nd, 2024

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.....»»

Category: newsSource:  philippinetimesRelated NewsJan 14th, 2024

Tech spending to focus on AI by 2025 – study

The largest organizations in Asia and the Pacific is seen allocating more than half of their information technology budget for the adoption of artificial intelligence starting 2025, according to the latest analysis of the International Data Corp.......»»

Category: financeSource:  philstarRelated NewsJan 21st, 2024

Economy seen growing by 6.2 percent this year

Philippine economic expansion may pick up in the coming months, with growth seen averaging 6.2 percent this year, well within the government’s six to seven percent target, according to BMI Country Risk & Industry Research......»»

Category: financeSource:  philstarRelated NewsMay 10th, 2024

BSP seen to cut rates by 100 bps this year

The Bangko Sentral ng Pilipinas is seen slashing interest rates by as much as 100 basis points this year as easing inflation could support the growth of the country’s banking sector in the next two years, Fitch Ratings said......»»

Category: financeSource:  philstarRelated NewsApr 11th, 2024

Juvenile sharks seen frolicking in shores of Santander, Cebu

CONSOLACION, Cebu – Juvenile sharks were seen frolicking off the shores of Santander town in the southernmost tip of Cebu on Tuesday, February 13. Cris Ungab Oniong captured on video the juvenile sharks seemingly playing on the shallow portions of the town’s shore when he visited Santander. The video showed the sharks swimming along the.....»»

Category: newsSource:  inquirerRelated NewsFeb 17th, 2024

Newly inaugurated roads in Dalaguete seen to help farmers

Newly inaugurated roads in Dalaguete seen to help farmers.....»»

Category: newsSource:  sunstarRelated NewsFeb 11th, 2024

Eight players share first-round lead at Puerto Rico Open

(Photo credit: Jim Cowsert-USA TODAY Sports) Eight players shared the lead at 7-under 65 following Friday morning's conclusion of the rain-delayed first round at the Puerto Rico Open in Rio Grande. Scott Piercy and Joe Highsmith were the leaders in the clubhouse when play was halted for darkness on Thursday, following a nearly two-hour rain delay. Friday started with 54 players completing the opening round and saw six o.....»»

Category: newsSource:  philippinetimesRelated NewsMar 10th, 2024