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Budget shortfall unlikely to return to pre-COVID-19 level — DBCC
Nearly two years into the term of the Marcos administration, government economists acknowledged that reducing the country’s budget deficit would take longer than initially projected amid the need to still support key programs despite a limited fiscal space, with returning to pre-COVID levels unlikely to happen in the short-term......»»
Budget shortfall unlikely to return to pre-COVID-19 level — DBCC
Nearly two years into the term of the Marcos administration, government economists acknowledged that reducing the country’s budget deficit would take longer than initially projected amid the need to still support key programs despite a limited fiscal space, with returning to pre-COVID levels unlikely to happen in the short-term......»»
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.....»»
Royalty on mining operations outside reservations pushed
The Mines and Geosciences Bureau (MGB) said that mining operations outside mineral reservations must pay a royalty as part of the government’s rationalization of the country’s mining fiscal regime......»»
P146 billion airport contracts set for signing this year
The Department of Transportation will sign this year more than P146 billion worth of contracts for the privatization of four airports, freeing up fiscal space for the government and building up the public-private partnership landscape......»»
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 […].....»»
Recto wants to expand free education
The government should make fiscal space available to expand free education in the country, according to Finance Secretary Ralph Recto, as he deviates yet again from his predecessor......»»
Recto sets sights on ‘more realistic’ targets
Nearly a month in office, the head of the government’s economic team is already looking at a review of growth and fiscal targets this year and over the medium term, noting that global developments should prompt for “more realistic” expectations......»»
Palarong Pambansa 2024: Cebu City allocates P205M for games
CEBU CITY, Philippines – The Cebu City government has allocated a budget of P205 million for its hosting of the Palarong Pambansa 2024 this July. However, the amount is still subject to deliberation and approval by the city council. READ: DepEd expects Cebu City’s ‘world-class’ hosting of Palarong Pambansa Previously, during the signing of the.....»»
2 CNTs killed, 3 high-powered firearms seized in Pambujan encounter
Two CPP-NPA Terrorists (CNTs) were killed and three high-powered firearms were seized by government troops after an armed encounter in Sitio Badulan, Barangay Cagbigajo, Pambujan, Northern Samar on July 22, 2023......»»
BINI itinigil ang performance sa Bangus Festival; ilang fans hinimatay
MAY mga nahilo at hinimatay umanong mga fans habang nagpe-perform ang P-Pop all-girl group na BINI sa Dagupan City, Pangasinan bilang bahagi ng annual Bangus Festival. Dahil dito, kinailangang itigil ng mga miyembro ng BINI ang kanilang performance on stage upang hindi na lumala pa ang sitwasyon sa naturang event. Base sa mga naglabasang video.....»»
‘High level of Phl economic performance despite…’
From 2010 to the present – minus the worst year of the lockdown period of the pandemic in 2019 – Philippine economic growth performance has been consistently high, at an average of 6.4 percent......»»
Action and performance
Lucio “Han” Tan III is truly an “action speaks louder than words” man, letting the financial performance of the various key businesses of the LT Group prove his managerial skills instead of him personally hogging the news and perhaps overshadowing his slew of new professional lieutenants who are helping him run the various companies under the group......»»
NBA: Celtics ‘Big Three’ score 87 to help Boston blow past Suns
Jaylen Brown scored 37 points as the Boston Celtics unleashed a dominant offensive performance to blow past the Phoenix Suns 127-112 on Thursday. Boston’s big three of Brown, Jayson Tatum and Al Horford combined for 87 points in a dazzling performance against a Suns team looking to avenge last Saturday’s 117-107 home defeat to the.....»»
Ryan Gosling is more than ‘Kenough’ with Oscars performance
If the voting for the Best Original Song at the recent Academy Awards had been done after Ryan Gosling’s performance, I am sure that I’m Just Ken from the “Barbie” movie soundtrack would have won the Oscar hands down......»»
WATCH: Calum Scott surprises fans with mall karaoke performance
British singer-songwriter Calum Scott surprised Filipino fans when he gave a surprise public performance with a karaoke machine......»»
Redefining Portable Performance: M3 MacBook Air Review
Apple’s recent transition from Intel-based MacBook Pro to the new M3 chip MacBook Air has brought significant performance gains, particularly in graphics. The new MacBook.....»»
Megaworld Hits Record Financial Performance in 2023, Income up 26% to P19.4 Billion
Megaworld Corporation, the country’s premier township developer, achieved a landmark milestone in its financial performance for the year 2023 as its full-year net income surged by 26% to P19.4 billion. Its consolidated revenues, on the other hand, rose by 17% to P69.7 billion. Net income attributable to the parent company’s shareholders also jumped by 29% […].....»»
Cultural performance at Matina Town Square
Cultural performance at Matina Town Square.....»»
Morissette Amon cries foul over alleged poor performance at corporate event
Singer Morissette Amon broke her silence over an alleged poor performance at a corporate event. .....»»