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Senate panel ready to review NGCP franchise
Following the massive power outage that struck Panay Island and other parts of Western Visayas on Jan. 2, another Senate panel is ready to conduct a probe into the National Grid Corp. of the Philippines franchise......»»
SEC doles out P60-M in fines for Abra Mining mess
The SEC released a statement yesterday outlining P560 million in fines relating to the illegally-issued Abra Miningshares that were sold during the basura stock craze of late FY20 and early FY21......»»
Arrest order vs Quiboloy in effect – House panel
The order for the arrest of Kingdom of Jesus Christ (KOLC) pastor Apollo Quiboloy for contempt is already in effect, according to the House committee on legislative franchises......»»
House panel cites Quiboloy for contempt for snubbing SMNI franchise hearings
MANILA, Philippines — Kingdom of Jesus Christ (KJC) founder Apollo Quiboloy has been cited for contempt for still refusing to attend the House of Representatives committee on legislative franchises hearing on the Sonshine Media Network International (SMNI) issue. Surigao del Sur 2nd District Representative Johnny Pimentel moved to hold Quiboloy in contempt after the latter still failed.....»»
House panel to start deliberations on wage hike tomorrow
The House committee on labor and employment will start tomorrow deliberations on various bills proposing wage adjustments amid the high inflation rate in the country......»»
House panel probes PUVMP agencies
Claiming that the government’s public utility vehicle modernization program is going nowhere, House of Representatives transportation committee chair Rep. Romeo Acop has launched an investigation into the financial statements of the government agencies implementing the PUVMP......»»
Teacher career progression bill clears House panel hurdle
Public school teachers may soon have access to more advanced career opportunities and higher compensation after the House appropriations committee approved the unnumbered substitute bill for the proposed Teacher Career Progression Act on Tuesday. .....»»
House panel Oks proposed POGO ban
Efforts to ban Philippine offshore gaming operators in the country have gained ground at the House of Representatives after a committee yesterday approved two measures on this......»»
Marcos approves release of P9.7 billion unprogrammed funds for DPWH projects
President Marcos has approved the release of P9.7 billion from the unprogrammed funds for public works and road repair whose original budget was slashed and included in the P60 billion in last-minute insertions in the 2024 national budget by some members of the House of Representatives......»»
‘Imee budget realigning led to millions not receiving 4Ps’
Nearly 4.3 million poor Filipinos were deprived of cash aid under the government’s Pantawid Pamilyang Pilipino Program in 2023 after Sen. Imee Marcos realigned the 4Ps funding of P13 billion in the national budget to another social amelioration program, a member of the House of Representatives said yesterday......»»
Cong. Pulong Duterte got P51-B budget in three years
It was his own statement about having his district budget reduced this year that got House members to probe and discover that Davao City First District Representative Paolo ‘Pulong’ Duterte, son of former President Rodrigo Duterte, had received P51 billion in the past years......»»
House panel OKs P89 billion for seniors’ universal social pension
A universal social pension measure has gained a foothold after a House of Representatives committee yesterday approved the budget allocation for the benefit......»»
Warrantless arrest on Jade Castro ‘baseless’ — FLAG chair
Diokno, who is also a law professor, said that the requisites for performing a warrantless arrest against Castro and the other accused are not met. .....»»
Diokno’s back, but Bangko Sentral ‘not sure’ if Ralph Recto will sit in its powerful Monetary Board
'There’s an appointed secretary of finance but me personally, I’m not sure if the secretary of finance will sit as a member of the Monetary Board,' says BSP Deputy Governor Eduardo Bobier.....»»
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.".....»»
DA proposes over P500 billion budget for 2025
The Department of Agriculture (DA) is proposing a P513.81 billion budget next year, more than double its current allocation of P208.58 billion to improve the country’s food security......»»
Xinhua world economic news summary at 0900 GMT, April 1
MANILA -- The Philippine government's budget deficit increased to 164.7 billion pesos (2.93 billion U.S. dollars) in February, the country's Bureau of the Treasury said Monday. "The wider budget gap stemmed from the 22.14 percent year-over-year increase in expenditures, matched with moderate revenue growth of 5.73 percent," the bureau said. With the February turnout, the bureau said the year-to-date fiscal balan.....»»
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......»»
NFA ordered to submit documents on P93 million rice sale
Ombudsman Samuel Martires on Thursday went to the National Food Authority main office in Quezon City to personally serve a subpoena that would compel the agency to submit several documents in connection with the alleged anomalous sale of P93.75 million worth of NFA rice to two traders......»»
Quiboloy told to face Senate probe on sex raps
A lawyer for televangelist Apollo Quiboloy has received the copy of a subpoena requiring him to appear in the next Senate hearing on the allegations that he had repeatedly raped several of his former followers, Sen. Risa Hontiveros said on Friday. A copy of the document that Hontiveros shared with Senate reporters showed that the summon was received.....»»