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Ralph Recto sworn in as new Secretary of Department of Finance

House Deputy Speaker Ralph Recto [link] was sworn in as the new Secretary of the Department of Finance on Friday, replacing the former Secretary, Benjamin Diokno, in a move that has been seemingly in the works for quite some time......»»

Category: financeSource:  philstarRelated NewsJan 15th, 2024

Diokno proud to leave DOF in better state of affairs

"I am proud knowing that I will be leaving my post at a time when the Philippine economy, in general, and the DOF, in particular, are in a better state of affairs than when I inherited them.".....»»

Category: financeSource:  philstarRelated NewsJan 12th, 2024

EDITORIAL - Cabinet changes

Validating rumors that have been circulating since late last year, former Batangas congresswoman Vilma Santos-Recto confirmed yesterday that President Marcos is replacing Benjamin Diokno with her husband, House Deputy Speaker Ralph Recto as secretary of finance......»»

Category: newsSource:  philstarRelated NewsJan 11th, 2024

Rama reconsiders, unites with councilors for 2025 midterm elections

CEBU CITY, Philippines – Despite previously expressing doubts about his confidence in some incumbent councilors due to their cooperation with his vision, City Mayor Michael Rama appears to have reconsidered his stance. He recently announced that these councilors would still be part of his alliance for the 2025 midterm elections. READ: Rama: 2025 election candidates.....»»

Category: newsSource:  inquirerRelated NewsMar 26th, 2024

House and Senate at an ‘impasse’ after senators take exception with loyalty pledge

Gonzales said on Tuesday that the House “(does) not want a word war” and had sought to “temper” the anger of lawmakers by way of a House resolution expressing their collective stance......»»

Category: newsSource:  philstarRelated NewsFeb 6th, 2024

BARMM lawmakers mull creation of new hospital, upgrade of old one

Members of the Bangsamoro parliament want to improve a small medical dispensary and create a new one on two remote islands where sick islanders can hardly be evacuated to modern hospitals outside when seas are rough......»»

Category: newsSource:  philstarRelated NewsJan 16th, 2024

P450 billion unprogrammed funds challenged before SC

Minority lawmakers are asking the Supreme Court to nullify the P449.5 billion in unprogrammed allocation in the national budget, saying the amount was way above the P289.1 billion originally proposed, making it unconstitutional......»»

Category: newsSource:  philstarRelated NewsJan 17th, 2024

Banks reap P92 billion profit in 3 months

Philippine banks turned more profitable in the first quarter, reaping almost three percent higher earnings to P92 billion due to higher net interest income. .....»»

Category: financeSource:  philstarRelated NewsMay 13th, 2024

Forex buffer hits 2-year high

The country’s dollar reserves rose to a 23-month high in March due to higher government deposits with the central bank and higher gold prices in the international market, according to the Bangko Sentral ng Pilipinas......»»

Category: lifestyleSource:  abscbnRelated NewsApr 7th, 2024

Forex buffer hits 2-year high

The country’s dollar reserves rose to a 23-month high in March due to higher government deposits with the central bank and higher gold prices in the international market, according to the Bangko Sentral ng Pilipinas......»»

Category: lifestyleSource:  abscbnRelated NewsApr 7th, 2024

3 lawmakers back measure postponing BSKE anew

Three members of the House of Representatives have expressed support for a measure seeking to defer anew the holding of the barangay and Sangguniang Kabataan elections (BSKE) scheduled in December 2025......»»

Category: newsSource:  philstarRelated NewsMay 12th, 2024

Marcos wants Cha-cha plebiscite in 2025 elections

This is the second time that Marcos has instructed the upper chamber of Congress — which is supposed to be independent of the executive and was lukewarm to Charter change until this year — about how lawmakers should revise the 1987 Constitution. .....»»

Category: newsSource:  philstarRelated NewsFeb 26th, 2024

Government tackling high construction costs

The Government is focused on reducing sky-high construction costs to make it more affordable to build a home, Building and Construction Minister Chris Penk says. Stats NZ data shows the cost of building a house has increased by 41 per cent since 2019, making housing even more unaffordable for Kiwi families."Further analysis shows building costs are consistently higher.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 20th, 2024

Uncertainty looms over Davao-Samal Bridge project amid RoW hurdles

The construction of the Samal Island-Davao City Connector (SIDC), also known as the Davao-Samal Bridge project, has faced numerous setbacks due to right-of-way (ROW) acquisition challenges. The project was halted on January 3, 2024, due to issues with landowners near a pier in Lanang at Davao City, leading to delays in the project's implementation. While there have been conflicting statements regarding the project's status, the National Economic and Development Authority-Davao Region (Neda-Davao) aims to complete the detailed engineering plans for the substructure of the west land via dock once the Deed of Transfer Possession in Davao City is released. However, ROW issues continue to persist. Despite these challenges, the project is still considered a priority and is included in the Davao Region Development Plan (DRDP) for 2023–2028. The project is funded through China’s Official Development Assistance with an estimated budget of P23.04 billion, and negotiations with the Philippine government are ongoing with a target completion date in 2027. The uncertainty surrounding the project's timeline remains as ROW hurdles persist, impacting the much-anticipated toll-free four-lane concrete exodus bridge spanning a 3.98-kilometer distance......»»

Category: newsSource:  sunstarRelated NewsJan 30th, 2024

Filipinos want military, diplomatic approaches for WPS — survey

The organization’s first quarter Tugon ng Masa survey found that 73% of 1,200 respondents want the Marcos government to increase naval patrols and troop presence in the WPS......»»

Category: newsSource:  philstarRelated NewsMay 8th, 2024

Riding the crossroads: The battle of Manila’s jeepney drivers against modernization

“Most members in my group are seniors,” he said, “My father is 72 years old, yet he drives every day because he doesn't want to rely on his children. He needs money for medication, electricity and water to survive. Where will they find a livelihood? I’m sure no company would want to hire them anymore, right?” The post Riding the crossroads: The battle of Manila’s jeepney drivers against modernization appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsApr 20th, 2024

‘I don’t like wearing clothes at all’: James Reid shares summer must-haves

If you don't want seeing clothes on James Reid, don’t feel guilty, because the singer, too, does not want to have clothes on himself either......»»

Category: entertainmentSource:  philstarRelated NewsApr 18th, 2024

Muslims pray wars to end, want grand mosque for Cebu

Muslims pray wars to end, want grand mosque for Cebu.....»»

Category: newsSource:  sunstarRelated NewsApr 11th, 2024

At UN event, women activists want Palestine free

Women activists gathered in front of the United Nations Headquarters in New York City on March 21, 2024 to express their support for Palestine. The post At UN event, women activists want Palestine free appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsMar 25th, 2024

De los Santos to consult family first; Bebot will run if south district voters want him back

De los Santos to consult family first; Bebot will run if south district voters want him back.....»»

Category: newsSource:  sunstarRelated NewsMar 3rd, 2024