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Palarong Pambansa 2024: Cebu City allocates P205M for games
CEBU CITY, Philippines – The Cebu City government has allocated a budget of P205 million for its hosting of the Palarong Pambansa 2024 this July. However, the amount is still subject to deliberation and approval by the city council. READ: DepEd expects Cebu City’s ‘world-class’ hosting of Palarong Pambansa Previously, during the signing of 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......»»
Filinvest cleared to sell P10 billion fixed bonds
Gotianun-led Filinvest Development Corp. received yesterday its permit to sell up to P10 billion in fixed bonds consisting of a base offer of P7 billion and an oversubscription option of P3 billion......»»
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.....»»
PBBM, Sara, Zubiri, Romualdez patok trust, approval rating -survey
Kapwa mataas ang trust" 79% at "approval" 76% ratings nina President Bongbong Marcos Jr. na may 79% at "approval" 76% ratings. The post PBBM, Sara, Zubiri, Romualdez patok trust, approval rating -survey first appeared on Abante......»»
‘4Ps registered P9 billion deficit due to budget cuts’
The Pantawid Pamilyang Pilipino Program of the government had already registered a “budget deficit” of P9 billion after Sen. Imee Marcos slashed its budget by P13 billion......»»
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......»»
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......»»
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......»»
Council to appeal March 1 as special non-working holiday in Davao City
The Davao City Council is seeking to appeal to the national government to declare March 1 as a non-working holiday in honor of Araw ng Davao, the city's founding anniversary. Councilor Al Ryan Alejandre emphasized the importance of this appeal for the people of Davao, expressing hope that the president will grant their request. This initiative comes as a response to a new bill that designates March 1 as the new founding anniversary, shifting the traditional celebration date from March 16. Despite the bill and law designating March 1 as a working holiday, the council aims to annually request Malacañang to recognize it as a non-working holiday. The appeal is intended to ensure that Dabawenyos can actively participate in the festivities. Additionally, the executive committee of Araw ng Davao is in the final stages of organizing events and activities for the celebration. Discussions have been ongoing, with plans anticipated to be finalized soon. This move reflects the council's commitment to honoring and celebrating the city's heritage and traditions......»»
CLO awaits Lacson s explanation of quota system
CLO awaits Lacson s explanation of quota system.....»»
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.....»»
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 […].....»»
Cebu City council seeks halt to CBRT construction due to heritage concerns
CEBU CITY, Philippines – The Cebu City Council resolved to halt the ongoing civil works of the Cebu Bus Rapid Transit (CBRT) project at the Cebu Provincial Capitol, citing concerns that the construction poses a visual intrusion on the iconic building. Vice Mayor Raymond Alvin Garcia brought forth the motion, urging the Office of the.....»»
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......»»
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”......»»
Council-approved 2024 annual budget ‘ready for implementation’
Council-approved 2024 annual budget ‘ready for implementation’.....»»
Rama vetoes 2024 annual budget, but Council overrides
Rama vetoes 2024 annual budget, but Council overrides.....»»
Charter Day bonus for Cebu City gov’t employees ‘still pending’
CEBU CITY, Philippines – The Charter Day bonus for Cebu City government employees is still subject to deliberation, meaning there is no definite final date yet as to when it will be given. Councilor Noel Wenceslao, chairman of the Committee on Budget and Finance, has confirmed that Supplemental Budget 1, which includes allocations for the.....»»
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......»»