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4th mode of Cha-cha
In 2013, then House Speaker Quezon City 4th District Rep. Feliciano “Sonny” Belmonte Jr. first initiated a move to amend to the economic provisions of the 1987 Constitution by legislation – a law approved by Congress. Under Belmonte’s proposal, both chambers of Congress could vote separately to pass these economic amendments into law instead of a wholesale amendment of the Constitution......»»
DepEd exec urges teachers: Avoid corporal punishment
DepEd exec urges teachers: Avoid corporal punishment.....»»
EDITORIAL — ‘Very rotten’
A process has long been in place for the approval of the national budget. Malacañang, through the Department of Budget and Management, submits its proposed national expenditure program to Congress, and both chambers deliberate on the NEP to come up with their respective versions of the budget bill......»»
A tale of ‘pork-barrel’ era
The first time I met Senator Jinggoy Estrada was while he was still mayor of San Juan City on June 30,1998 when he attended the inaugural of his father, former president Joseph Estrada. At that time, I was still a reporter covering Malacañang Palace. As it turned out, it was the first and last time I saw mayor Jinggoy inside the Palace grounds......»»
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.....»»
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.....»»
China maintains defence budget growth despite economic travails
Hong Kong, March 12 (ANI): At the 14th National People's Congress, China announced its defence budget for 2024 and interestingly maintained the growth rate of its military expenditure at precisely the same percentage as last year, as Chairman Xi Jinping continues to prioritize the People's Liberation Army (PLA) at the expense of other sectors of government funding. Indeed, according to figures released on the opening day.....»»
State agencies have more time to spend 2024 budget
The Department of Budget and Management has given state agencies more time to obligate and disburse this year’s record P5.768-trillion budget......»»
Interim Budget: FICCI advocates measures in comprehensive budget recommendations for 2024-25
New Delhi [India], January 25 (ANI): The Federation of Indian Chambers of Commerce and Industry (FICCI) has presented a set of comprehensive recommendations ahead of the Interim Union Budget for 2024-25, outlining a strategic roadmap to fortify India's economic foundation. The proposals span a spectrum of sectors, ranging from public investments to support for micro, small, and medium-sized enterprises (MSMEs), innovation.....»»
Interim Budget: FICCI advocates measures in comprehensive budget recommendations for 2024-25
New Delhi [India], January 25 (ANI): The Federation of Indian Chambers of Commerce and Industry (FICCI) has presented a set of comprehensive recommendations ahead of the Interim Union Budget for 2024-25, outlining a strategic roadmap to fortify India's economic foundation. The proposals span a spectrum of sectors, ranging from public investments to support for micro, small, and medium-sized enterprises (MSMEs), innovation.....»»
Gov t cuts growth target to 6%-7% — NEDA
In a press briefing with the members of the press on Thursday, Balisacan said that the country's economic growth target had been revised following a careful consideration of factors such as the global economic slowdown, rising oil prices and inflation trends......»»
Over 500 PUVs pass roadworthiness check, 39 fail
Over 500 PUVs pass roadworthiness check, 39 fail.....»»
TUCP to House: Pass bill that seeks across-the-board P150 wage hike
TUCP to House: Pass bill that seeks across-the-board P150 wage hike.....»»
MPIC likely to pass up on subway bidding
The Metro Pacific Investments Corp. plans to pass up on the opportunity to manage the Metro Manila Subway Project (MMSP), the first underground railway in the Philippines being built by the government......»»
Calbayog Airport by-pass road commences second phase
Second phase in the construction of Calbayog Airport by-pass road is now underway with a contract amount of P69.12 million taken from the General Appropriations Act (GAA) for FY 2023 said Samar First DEO......»»
EDITORIAL — Pass-through fees
If the administration wants to tackle inflation and improve ease of doing business, it should scrutinize one of the contributors to high prices particularly of agricultural commodities, and a long-standing complaint of businessmen: pass-through fees collected from delivery trucks......»»
Improvement sought in ‘very rotten’ budget process
Congress should exercise greater transparency in its budget process, according to Senate Minority Leader Aquilino Pimentel III, who called the process “very rotten.”.....»»
4 PH medicinal herbs for gout, pain relief pass clinical trials
MANILA, Philippines — Back in the 1970s, the government had a dream of providing cheap medicines for Filipinos, especially the poor, who are often left out of health care. Dr. Cecilia Lazarte, director of the Institute of Herbal Medicine of UP Manila’s National Institutes of Health, stressed in 2020 the importance of research on the.....»»
DOLE-Davao exec calls on Congress to carefully study uniform daily wage hike bill
DAVAO CITY (MindaNews / 11 March) – The legislative push for a nationwide P100 to P400 daily increase for minimum wage earners in the private sector “must be compatible with the socio-economic conditions and purchasing power of each region,” an official from the Department of Labor and Employment – Davao Region (DOLE-Davao) said. “If Congress […].....»»
‘No risk of political reform in economic Cha-cha’
Apprehensions over possible insertion of political reforms like lifting of term limits for elected officials are misplaced since the ongoing economic Charter change in Congress covers only economic provisions, according to former Supreme Court justice Adolfo Azcuna......»»