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SEC approves Maynilad’s P15 billion ‘blue bond’ offering

The Securities and Exchange Commission (SEC) has given the green light to the P15 billion blue bond offering of  West Zone concessionaire Maynilad Water Services Inc......»»

Category: financeSource:  philstarRelated NewsMay 18th, 2024

CLI approves issuance of P5 billion preferred shares

Cebu Landmasters Inc., the listed property developer focused in the Visayas and Mindanao regions, will issue five million Series A preferred shares to raise up to P5 billion......»»

Category: financeSource:  philstarRelated NewsJan 10th, 2024

Romualdez: Philippines WEF hosting to spur more foreign investments

The Department of Transportation said it needs at least P12.5 billion to build 200 more ports under the Marcos administration, underscoring the need to improve connectivity in remote islands......»»

Category: financeSource:  philstarRelated NewsMar 20th, 2024

RCBC income hits all-time high in 2023

Rizal Commercial Banking Corp. grew its net income by 15 percent to hit a record P12.22 billion in 2023, fueled by faster-than-industry loan and deposit growth......»»

Category: financeSource:  philstarRelated NewsFeb 27th, 2024

Aboitiz-led Apo Agua starts supplying water to Davao City

DAVAO CITY (MindaNews / 10 January)—Consumers here can expect better supply as the P12-billion Davao City Bulk Water Supply Project (DCBWSP) of the Aboitiz-led Apo Agua Infrastructura Inc. has commenced operations on December 1, 2023, three years after the completion target. In a joint statement released by the Davao City Water District (DCWD) and Apo […].....»»

Category: newsSource:  mindanewsRelated NewsJan 14th, 2024

ONLY VM’S OFFICE AFFECTED | Moises Padilla s 2024 annual budget operational, Guv says

ONLY VM’S OFFICE AFFECTED | Moises Padilla s 2024 annual budget operational, Guv says.....»»

Category: newsSource:  sunstarRelated NewsFeb 13th, 2024

Rama vetoes 2024 annual budget, but Council overrides

Rama vetoes 2024 annual budget, but Council overrides.....»»

Category: newsSource:  sunstarRelated NewsJan 22nd, 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

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.....»»

Category: newsSource:  manilanewsRelated NewsMar 12th, 2024

DavOro guv refutes claims she barred dept heads from attending SP budget proceedings

DAVAO de Oro Governor Dorothy "Dotdot" Gonzaga clarified the information released by the Office of Vice Governor Jayvee Tyron Uy that among the factors of the delay of the approval of the Calendar Year Executive Budget for 2024 was because she prevented the department heads of the provincial local government unit from attending the Sangguniang Panlalawigan (SP) proceedings......»»

Category: newsSource:  sunstarRelated NewsMar 4th, 2024

Charter Day bonus for Cebu City gov’t employees ‘still pending’

CEBU CITY, Philippines – The Charter Day bonus for Cebu City government employees is still subject to deliberation, meaning there is no definite final date yet as to when it will be given. Councilor Noel Wenceslao, chairman of the Committee on Budget and Finance, has confirmed that Supplemental Budget 1, which includes allocations for the.....»»

Category: newsSource:  inquirerRelated NewsFeb 28th, 2024

House balks at ‘absurd’ Senate allegations about cash aid program

House Senior Deputy Speaker Aurelio Gonzales has also insisted that senators approved the Ayuda sa Kapos ang Kita Program during the budget legislation process, calling their line of questioning about its “sudden” appearance in the 2024 budget “absurd.”.....»»

Category: newsSource:  philstarRelated NewsFeb 14th, 2024

Low subsidy forces LRTA to cut budget for train rehab

The Light Rail Transit Authority is cutting its budget for the restoration of trains to make the most of the lower subsidy given to the agency this year......»»

Category: financeSource:  philstarRelated NewsMar 25th, 2024

Espinoza: No budget for coastal roads?

Espinoza: No budget for coastal roads?.....»»

Category: newsSource:  sunstarRelated NewsMar 13th, 2024

GMA reveals inadequacy of government plan and budget for climate change

GMA reveals inadequacy of government plan and budget for climate change.....»»

Category: sportsSource:  abscbnRelated NewsFeb 17th, 2024

GMA reveals inadequacy of government plan and budget for climate change

GMA reveals inadequacy of government plan and budget for climate change.....»»

Category: newsSource:  inquirerRelated NewsFeb 16th, 2024

Naga City employee nabbed for ‘stealing’ P12M in gov’t collections

CEBU CITY, Philippines — A 44-year-old liquidating officer of Naga City, Cebu was arrested by the police on Monday, February 19, for allegedly stealing City Hall collections that accumulated to a total of P12 million. The arrested employee was identified as Jesette Kristy Villarta Rivera, a resident of Barangay North Poblacion. City Treasurer Anna Maria.....»»

Category: newsSource:  inquirerRelated NewsFeb 20th, 2024

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......»»

Category: financeSource:  philstarRelated NewsMar 20th, 2024

P4.57 trillion in agency budget released

Nearly 80 percent of the record P5.768 trillion budget for the year has been released as the government ramps up implementation of various programs......»»

Category: financeSource:  philstarRelated NewsMar 8th, 2024

Adjusting Your Budget for Unforeseen Circumstances

Life throws curveballs, and sometimes those curveballs will hit your wallet hard. From unexpected medical bills to car repairs more than what you allocated under “car maintenance,” unforeseen circumstances can disrupt your carefully crafted budget. There are ways to go about this, though. Here are some ways you can adjust your spending plan effectively when […].....»»

Category: newsSource:  metrocebuRelated NewsMar 4th, 2024