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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

InstaPay money transfers swell to P5 trillion

Real-time fund transfers via InstaPay jumped by 45 percent to P5 trillion last year as volume surged by 56 percent to 838.56 million, BancNet said......»»

Category: financeSource:  philstarRelated NewsFeb 5th, 2024

PH debt rose to P14.62 trillion in 2023

PH debt rose to P14.62 trillion in 2023.....»»

Category: sportsSource:  abscbnRelated NewsFeb 2nd, 2024

Almost P1.2 trillion investments approved for green lane processing – BOI

Nearly P1.2 trillion worth of strategic investment projects have been approved for green lane processing since the approval of the executive order on the establishment of green lanes services, according to the Board of Investments......»»

Category: financeSource:  philstarRelated NewsJan 29th, 2024

Call to tax the very richest arises from their own ranks

The combined wealth of the world’s very richest dipped by $500 billion in 2023, to $12.2 trillion from $12.7 trillion in March 2022, according to Forbes, whose list of 2,668 billionaires in 2022 also dipped to 2,640. The post Call to tax the very richest arises from their own ranks appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsJan 22nd, 2024

Call to tax the very richest arises from their own ranks

The combined wealth of the world’s very richest dipped by $500 billion in 2023, to $12.2 trillion from $12.7 trillion in March 2022, according to Forbes, whose list of 2,668 billionaires in 2022 also dipped to 2,640......»»

Category: newsSource:  philstarRelated NewsJan 20th, 2024

DA: Philippines needs P1.3 trillion to boost farm output

The country will need P1.3 trillion worth of investments in the next few years to boost rice production, reduce wastage of agricultural products and ensure the country’s food security, according to Agriculture Secretary Francisco Tiu Laurel Jr......»»

Category: newsSource:  philstarRelated NewsJan 18th, 2024

Philippine bank assets swell to P30 trillion

The total resources of the country’s financial system went up by almost 10 percent to breach the P30-trillion level, the Bangko Sentral ng Pilipinas said......»»

Category: newsSource:  philstarRelated NewsJan 13th, 2024

Senior citizen commission executive suspended for neglect of duty

A National Senior Citizens Commission official has been suspended for three months following allegations of gross neglect of duty, among other offenses......»»

Category: newsSource:  philstarRelated NewsFeb 8th, 2024

Food cart program gives hope to reformed drug suspects

After spending six months in jail for drug offense, and another six months for counseling and rehabilitation, 46-year-old Jessie Morales was left homeless by a fire that hit his neighborhood in Tondo last month, leaving him with nothing but more anguish......»»

Category: newsSource:  philstarRelated NewsApr 3rd, 2024

Gaming revenues beat target, hit record P285 billion in 2023

The local gambling industry continued to take advantage of increased operational capacity, with its gross gaming revenues exceeding targets and hitting a record P285 billion in 2023......»»

Category: financeSource:  philstarRelated NewsJan 16th, 2024

Higher GOCC remittances to help reduce debt – Marcos

Higher remittances from government-owned or controlled corporations will help cut the country’s borrowings and avoid the imposition of higher taxes, President Marcos said yesterday......»»

Category: newsSource:  philstarRelated NewsMay 6th, 2024

RTB issue hikes borrowings to P420 billion in February

The government borrowed 22 percent more in February primarily due to the issuance of Retail Treasury Bonds aimed at financing state projects......»»

Category: newsSource:  philstarRelated NewsApr 15th, 2024

LGU loans more than tripled in H2

The proposed domestic borrowings of local government units (LGUs) more than tripled to P48.9 billion in the second half of 2023 from P15.8 billion in the same period in 2022, the Bangko Sentral ng Pilipinas (BSP) reported......»»

Category: financeSource:  philstarRelated NewsApr 14th, 2024

Government sets P585 billion borrowings in Q2

The government is set to borrow P585 billion from the domestic market in the second quarter amid hopes of more favorable interest rates here and abroad......»»

Category: financeSource:  philstarRelated NewsMar 25th, 2024

Hit-and-run suspect nabbed, jailed in Cebu City

CEBU CITY, Philippines – Aaron Karl Tan, the primary suspect behind the hit-and-run case that killed a local basketball player, has finally been arrested on Monday afternoon, May 6, 2024. This was months after the suspect was found to be responsible for the fatal hit-and-run incident near the Redemptorist Church in Cebu City on February.....»»

Category: newsSource:  inquirerRelated NewsMay 7th, 2024

Tarlac tragedy leads to a sad, different revisit of KPop hit song

CEBU CITY, Philippines — A Korean pop (KPop) group’s 2009 hit song “I Don’t Care”, has become a sad song for Filipino netizens this December. This was how some netizens described the Korean group’s 2NE1’s hit song as it became one of the trending topics on  Twitter on December 21, 2020 after Sunday’s shooting incident […].....»»

Category: newsSource:  balitaRelated NewsApr 9th, 2024

Road rage led to hit-and-run of local basketball player – Police

CEBU CITY, Philippines — Police in Cebu City revealed on Friday, February 9, 2024, that the hit-and-run incident that killed 23-year-old Jeslar Uriel Larumbe was a case of road rage with the suspect really intending to hit the victim with his vehicle. The suspect was identified as Aaron Karl Tan, the owner of the white.....»»

Category: newsSource:  inquirerRelated NewsFeb 9th, 2024

Cebu Daily Newscast: Murder raps filed vs suspect in hit-and-run of basketball player

Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. Here’s what you need to know on Wednesday, February 7, 2024. Murder raps filed vs suspect in hit-and-run of basketball player Police in Cebu City have filed today, February 8, a charge of murder against the suspect behind the fatal hit-and-run.....»»

Category: newsSource:  inquirerRelated NewsFeb 8th, 2024

Police continue to gather evidence on Larumbe hit-and-run case

CEBU CITY, Philippines – Police in Cebu City have taken custody of the SUV believed to be involved in the hit-and-run case that killed Jeslar Uriel Larumbe. But its owner remains a free man as the police continue to determine if he was indeed involved in the hit-and-run case. The vehicle owner, whose name is.....»»

Category: newsSource:  inquirerRelated NewsFeb 7th, 2024