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Budget surplus unlikely to last – Recto

The record budget surplus in January is unlikely to be sustained over the coming months, more so for the rest of the year, but the government is not worried so long as revenue targets are achieved, according to Finance Secretary Ralph Recto......»»

Category: financeSource:  philstarRelated NewsMar 20th, 2024

BIR eyes P325 billion from excise taxes

The Bureau of Internal Revenue targets to collect higher excise taxes of up to P325 billion this year as the government moves to improve the regulatory environment and address the still rampant illicit trade......»»

Category: financeSource:  philstarRelated NewsMar 18th, 2024

P12 billion cash aid to rice farmers fully distributed by June – Department of Agriculture

The Department of Agriculture (DA) targets to complete the distribution of P12.09 billion cash assistance to nearly 2.4 million rice farmers by the end of the first half after the program was hindered by last year’s election ban......»»

Category: financeSource:  philstarRelated NewsMar 18th, 2024

SMC to start Bulacan airport development in 2025

Diversified conglomerate San Miguel Corp. (SMC) targets to start airport development works at its P740-billion international gateway project in Bulacan next year......»»

Category: newsSource:  philstarRelated NewsMar 15th, 2024

DOF finalizing P55.7 billion loan for Metro Manila subway

The government targets to secure P55.7 billion in loans from the Japanese government for the third tranche of financing for the Metro Manila Subway Projects by March......»»

Category: newsSource:  philstarRelated NewsFeb 27th, 2024

Gilas targets feel-good win at home vs Taipei not to let guard down

It’s Day 2 of Gilas Pilipinas’ brick-laying endeavors......»»

Category: newsSource:  philstarRelated NewsFeb 25th, 2024

Not in aid for election

The well-intentioned ayuda of the government that targets to tide over inflation-impacted middle income families will remain under a cloud of uncertainty without an enabling law. In particular, this will be the fate of the P26.7-billion Ayuda para sa Kapos ang Kita Program that has become the bone of contention of lawmakers feuding over alleged use of the newest ayuda program of the government to push Charter change......»»

Category: newsSource:  philstarRelated NewsFeb 23rd, 2024

Rate cut seen to boost growth

The much anticipated monetary policy easing will bolster the country’s economic expansion, but the growth will still be below targets amid risks stemming from the impact of El Niño, according to Sun Life Investment Management and Trust Corp.......»»

Category: financeSource:  philstarRelated NewsFeb 23rd, 2024

Ecozone investments up 19 percent in 2 months

Investments approved by the Philippine Economic Zone Authority grew at a robust pace in the first two months of the year, making it on track with its investment approval targets for the year......»»

Category: financeSource:  philstarRelated NewsFeb 20th, 2024

Lagged impact of high rates to take toll on economy – BSP

The lagged effects of monetary policy adjustments last year will continue to take its toll on the economy, with growth likely to fall below government targets anew......»»

Category: financeSource:  philstarRelated NewsFeb 19th, 2024

Victor Wembanyama logs triple-double in Spurs win over Raptors

Victor Wembanyama became the first rookie in nearly 34 years to have a triple-double with blocked shots, leading the visiting San Antonio Spurs to a 122-99 victory over the Toronto Raptors on Monday night. READ MORE: Wembanyama targets playoff berth for Spurs in first season Wembanyama amassed 27 points, 14 rebounds and a career-best 10.....»»

Category: newsSource:  inquirerRelated NewsFeb 13th, 2024

The Daily Guardian: Unveiling Scenes from Israel and Gaza Amidst Escalating Strikes in Rafah

Title: Israel Targets Rafah Amid Growing Dissent Against Hamas in Gaza Introduction: The Israeli-Palestinian conflict continues to escalate, with recent developments highlighting the ongoing tension.....»»

Category: newsSource:  thedailyguardianRelated NewsFeb 13th, 2024

Comelec targets 3 million new voters for 2025 polls

The Commission on Elections reported yesterday a high turnout of prospective voters on the first day of the seven-month voter registration for the May 2025 midterm elections......»»

Category: newsSource:  philstarRelated NewsFeb 12th, 2024

This Valentine’s season, beware of love scams too

Interior chief Benhur Abalos says scammers study their victims' interests and personalities, like their music taste or even sports interests, to be closer to their targets.....»»

Category: newsSource:  rapplerRelated NewsFeb 10th, 2024

ARTA targets 120 LGUs for full permit automation

The Anti-Red Tape Authority is helping 120 local government units to fully automate their business permits processing this year......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2024

Beware of ‘love scams’ as Valentine’s Day nears — DILG

MANILA, Philippines — Interior and Local Government Secretary Benjamin Abalos Jr. on Tuesday warned Filipinos of possible love scams as Valentine’s Day approaches. In a Palace briefing, Abalos explained that these involve criminals studying the personal life and interests of their targets and appealing to them emotionally. “Iyong love scam, I don’t know if you’ve heard about.....»»

Category: newsSource:  inquirerRelated NewsFeb 6th, 2024

Spyware Targets Human Rights Watch Staff in Jordan

 (Amman) - Two Human Rights Watch staff members based in Jordan have been repeatedly targeted with advanced surveillance spyware, Human Rights Watch said today. The targeting, which violates their right to privacy, began in October 2022 and succeeded briefly in infecting one of their mobile phones.The same spyware was also used to target the devices of at least 33 Jordanian and Jordan-based journalists, act.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 3rd, 2024

UGEP targets up to 700 MW of solar projects by 2028

Solar energy solutions provider Upgrade Energy Philippines is embarking on an aggressive target of installing up to 700 megawatts of solar projects by 2028......»»

Category: financeSource:  philstarRelated NewsJan 29th, 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

Teacher group scores DepEd for leaving out shortcomings in BER

Highlights of “minor achievements” and omissions of missed targets underscored the Department of Education’s second Basic Education Report presented on Thursday, according to a teachers group......»»

Category: newsSource:  philstarRelated NewsJan 26th, 2024