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Audit of P10.3 billion free tuition fund sought

A lawmaker has sought an audit of the P10.3-billion budget for free tuition and living allowance of poor students in state universities and colleges and private higher education institution......»»

Category: newsSource:  philstarRelated NewsMar 6th, 2024

Filinvest cleared to sell P10 billion fixed bonds

Gotianun-led Filinvest Development Corp. received yesterday its permit to sell up to P10 billion in fixed bonds consisting of a base offer of P7 billion and an oversubscription option of P3 billion......»»

Category: financeSource:  philstarRelated NewsJan 24th, 2024

PIDS: LGUs losing P10 billion from single power outage

Local governments are estimated to suffer over P10 billion worth of losses from a single electricity supply interruption, affecting the delivery of public services, according to the Philippine Institute for Development Studies......»»

Category: financeSource:  philstarRelated NewsJan 21st, 2024

Filinvest raises P10 billion from new bond offer

Filinvest Development Corp. has raised P10 billion from the first tranche of its bond offering under shelf registration......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2024

‘4Ps registered P9 billion deficit due to budget cuts’

The Pantawid Pamilyang Pilipino Program of the government had already registered a “budget deficit” of P9 billion after Sen. Imee Marcos slashed its budget by P13 billion......»»

Category: newsSource:  philstarRelated NewsFeb 21st, 2024

PH’s BOI grants green lane endorsement for P10.85-B wind project in Laguna

The project, with an investment cost of P10.85 billion, is set to start its commercial operations by 2026 and is expected to generate at least 30 direct and 500 indirect employment for Filipinos......»»

Category: lifestyleSource:  abscbnRelated NewsApr 4th, 2024

Union Bank board approves P10-B stock rights offering

The board of directors of Union Bank approved a plan to conduct a stock rights offering to raise up to P10 billion to “fund the capital infusion to UnionDigital” and for “projected retail loan availments”......»»

Category: financeSource:  philstarRelated NewsJan 30th, 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

Budget-friendly travel hacks: How Filipinos can plan a memorable vacation on a budget

Budget-friendly travel hacks: How Filipinos can plan a memorable vacation on a budget.....»»

Category: newsSource:  sunstarRelated NewsApr 2nd, 2024

Budget officers in CV undergo financial management training

CEBU CITY, Philippines — Over 600 budget officers in Central Visayas underwent Public Financial Management (PFM) Training in Cebu last month. The initiative, led by the Department of Budget and Management (DBM) in collaboration with the Association of Local Budget Officers-Central Visayas Inc., took place at a hotel in Mandaue City. This training was a.....»»

Category: newsSource:  inquirerRelated NewsMar 6th, 2024

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

‘Probe past NFA admins’ billion-peso palay sales’

Farmers’ group Federation of Free Farmers national manager Raul Montemayor asked Agriculture Secretary Francisco Tiu Laurel Jr. to include in the ongoing probe on the National Food Authority (NFA)’s questionable rice sale to some traders the alleged billions of pesos worth of fresh palay sold during previous administrations......»»

Category: newsSource:  philstarRelated NewsMar 3rd, 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

DSWD chief ready to explain AKAP to lawmakers

After questions were raised about the budget allocation for the Ayuda para sa Kapos ang Kita Program, Social Welfare Secretary Rex Gatchalian yesterday expressed readiness to explain the program to lawmakers......»»

Category: newsSource:  philstarRelated NewsFeb 20th, 2024

PNP gets P10 million reward for busting Bicol crime ring

A reward of P10 million was given to the Philippine National Police for breaking up a criminal ring based in Bicol with the killing of its leaders last month......»»

Category: newsSource:  philstarRelated NewsFeb 28th, 2024

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......»»

Category: newsSource:  philstarRelated NewsFeb 20th, 2024

Remove the chaff from the grains

Other than the questioned selling of the buffer stock of rice to traders, what’s happening at the National Food Authority (NFA)? With 132 of around 2,000 NFA officials and employees all around the country suspended for six months without pay, this agency attached to the Department of Agriculture (DA) is struggling to stay relevant in the over-all schemes of the government on food security......»»

Category: newsSource:  philstarRelated NewsMar 25th, 2024

NFA head, 138 others suspended

National Food Authority administrator Roderico Bioco and 138 other officials and employees involved in an alleged anomalous sale of NFA rice to two traders were placed yesterday on preventive suspension for six months......»»

Category: newsSource:  philstarRelated NewsMar 5th, 2024

P10.54 million shabu seized in Iloilo

At least 1.55 kilos of shabu with an estimated street value of P10.54 million were recovered in stings in Iloilo City on Thursday, Western Visayas police director Brig. Gen. Jack Wanky said......»»

Category: newsSource:  philstarRelated NewsMar 9th, 2024

Ex-con nasakmitan og P10.8M shabu

Ex-con nasakmitan og P10.8M shabu.....»»

Category: newsSource:  sunstarRelated NewsFeb 27th, 2024