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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 […].....»»

Category: newsSource:  metrocebuRelated NewsFeb 15th, 2024

DSWD-Davao raises child feeding budget to P21

The Department of Social Welfare and Development-Davao Region (DSWD-Davao) has increased its budget for the Supplementary Feeding Program to P21 per child, up from the previous P15 allocation. Kyla Denise T. Pamat, a nutritionist dietician at DSWD-Davao, shared in a radio interview on Davao City Disaster Radio (DCDR) on January 26, 2024, that the enhancement is a result of a budget insertion in 2023. The 13th cycle targets 122,400 children in Davao Region, with five local government units (LGUs) already initiating the feeding program, while others are in the procurement process. The program focuses on children aged two to four in child development centers and supervised neighborhood places, providing hot meals (rice and viand) for 80 days and alternative meals (pancake, nutribun, and fruit salad) for 40 days during the 120 feeding days. Additionally, selected LGUs with a prevalent number of underweight children receive milk feeding for the entire duration. The 12th cycle showed an 82.27 percent improvement in the weight of underweight children, reducing their number from 4,567 to 784 after the 120 feeding days. Pamat highlighted its alignment with Republic Act 11037, also known as the Masustansyang Pagkain Para sa Batang Pilipino Act, and encouraged LGUs, communities, and parents to support the program for continuous improvement......»»

Category: sportsSource:  abscbnRelated NewsJan 29th, 2024

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.....»»

Category: newsSource:  manilanewsRelated NewsJan 25th, 2024

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.....»»

Category: newsSource:  philippinetimesRelated NewsJan 25th, 2024

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.....»»

Category: newsSource:  inquirerRelated NewsJan 25th, 2024

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......»»

Category: financeSource:  philstarRelated NewsJan 21st, 2024

Ayala Corp. impacted by Mitsubishi’s discount stake sale

Ayala Corp shares were down as much as 5.7% yesterday on news that Mitsubishi Corp. has started a process to sell 8.6 million AC common shares at a 7% to 9% discount to Wednesday’s P696/share close......»»

Category: financeSource:  philstarRelated NewsJan 11th, 2024

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......»»

Category: newsSource:  philstarRelated NewsFeb 19th, 2024

PSE looks forward to capital market reforms with Recto

The Philippine Stock Exchange said it is looking forward to working with newly appointed Finance Secretary Ralph Recto in introducing reforms that would further deepen the capital market......»»

Category: financeSource:  philstarRelated NewsJan 15th, 2024

Malaysian airline Capital A records load factor of 88 pct in FY2023

KUALA LUMPUR, Jan. 24 (Xinhua) -- Malaysian airline group Capital A, formerly AirAsia, has achieved a robust group load factor of 88 percent for the fiscal year of 2023, a year-on-year increase of 5 percentage points. Capital A said in a statement on Wednesday that the load factor showed the return of strong travel demand, which was aligned with the group's effort to inject capacity back into the market and rein.....»»

Category: newsSource:  manilanewsRelated NewsJan 25th, 2024

Malaysian airline Capital A records load factor of 88 pct in FY2023

KUALA LUMPUR, Jan. 24 (Xinhua) -- Malaysian airline group Capital A, formerly AirAsia, has achieved a robust group load factor of 88 percent for the fiscal year of 2023, a year-on-year increase of 5 percentage points. Capital A said in a statement on Wednesday that the load factor showed the return of strong travel demand, which was aligned with the group's effort to inject capacity back into the market and rein.....»»

Category: newsSource:  philippinetimesRelated NewsJan 25th, 2024

Strong corporate earnings boost market

The stock market advanced for a fifth straight session yesterday as strong corporate earnings in the first quarter helped buck negative cues from Wall Street overnight......»»

Category: financeSource:  philstarRelated NewsApr 26th, 2024

Fruitas raises P200 million from corporate notes

Fruitas Holdings Inc. has completed its maiden private placement, raising P200 million from the issuance of corporate notes......»»

Category: financeSource:  philstarRelated NewsApr 18th, 2024

Fruitas raises P200-M through sale of corporate notes

Fruitas disclosed that it sold P200 million worth of corporate notes in a private placement to banks and institutional investors......»»

Category: financeSource:  philstarRelated NewsApr 18th, 2024

Austria leads Grumpy Joe to CJHGC Corporate Cup triumph

Jonar Austria recorded a consecutive 54 points to anchor Grumpy Joe to victory in Group 1 at the close of the 18th Corporate Cup at Camp John Hay Golf Club here Friday......»»

Category: sportsSource:  philstarRelated NewsMar 25th, 2024

AEBC Corporate Cup: Deo tows CBM Engineering past Davies Paints

CEBU CITY, Philippines — The CBM Engineering cruised to its second straight win behind Ivan Deo’s 30-point game against Davies Paints, 88-77, in the Architects and Engineers Basketball Club (AEBC) 7th Corporate Cup 2024 on Friday evening, March 22, at the University of San Carlos (USC) main campus gymnasium.  Deo erupted for 30 points, and.....»»

Category: newsSource:  inquirerRelated NewsMar 23rd, 2024

Three-peat seeking FH trails by 5 in Corporate Cup golf tourney

Jonar Austria fired 54 points, Oscar Gallo contributed 45 and Von Vargas added 42 as Grumpy Joe zoomed to a five-point lead over defending champion Forest Hills-Megafiber in Group 1 of the 18th Camp John Hay Corporate Cup......»»

Category: newsSource:  philstarRelated NewsMar 20th, 2024

Corporate Cup golf: BCM, Perfect Drive mount early leads

Karl Flores scored 46 points while Gerry Aguado and Arnel Panganiban added 44 and 42 to lift BCM Balayan to a commanding lead in Group 4 after the first round of the 18th Corporate Cup held at the Camp John Hay Golf Club......»»

Category: sportsSource:  philstarRelated NewsMar 19th, 2024

Undermanned Modern Windows routs Landlite in Corporate Cup

Undermanned Modern Windows routs Landlite in Corporate Cup.....»»

Category: newsSource:  sunstarRelated NewsMar 19th, 2024

Defending champs CS4 beats Davies Paints in AEBC Corporate Cup opener 

CEBU CITY, Philippines — The defending champions, CS4, routed Davies Paints, 73-60, to start their title retention campaign on the winning side of the ongoing Architects and Engineers Basketball Club (AEBC) 7th Corporate Cup 2024. Kyle Esbra finished with a game-high of 22 points with one rebound, two steals, and two assists. Garrick Bande added.....»»

Category: newsSource:  inquirerRelated NewsMar 17th, 2024