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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

Senate is ‘cemetery’ of Cha-cha – Salceda

“All (House Cha-cha bills) arrived ‘dead in the water’ at the Senate,” Salceda quipped......»»

Category: newsSource:  philstarRelated NewsFeb 2nd, 2024

Labor group defends proposed P100 daily minimum wage increase

Labor group defends proposed P100 daily minimum wage increase.....»»

Category: newsSource:  sunstarRelated NewsFeb 14th, 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

DSWD-Davao raises child feeding budget to P21

The Department of Social Welfare and Development-Davao Region (DSWD-Davao) has increased its budget for the Supplementary Feeding Program to P21 per child, up from the previous P15 allocation. Kyla Denise T. Pamat, a nutritionist dietician at DSWD-Davao, shared in a radio interview on Davao City Disaster Radio (DCDR) on January 26, 2024, that the enhancement is a result of a budget insertion in 2023. The 13th cycle targets 122,400 children in Davao Region, with five local government units (LGUs) already initiating the feeding program, while others are in the procurement process. The program focuses on children aged two to four in child development centers and supervised neighborhood places, providing hot meals (rice and viand) for 80 days and alternative meals (pancake, nutribun, and fruit salad) for 40 days during the 120 feeding days. Additionally, selected LGUs with a prevalent number of underweight children receive milk feeding for the entire duration. The 12th cycle showed an 82.27 percent improvement in the weight of underweight children, reducing their number from 4,567 to 784 after the 120 feeding days. Pamat highlighted its alignment with Republic Act 11037, also known as the Masustansyang Pagkain Para sa Batang Pilipino Act, and encouraged LGUs, communities, and parents to support the program for continuous improvement......»»

Category: sportsSource:  abscbnRelated NewsJan 29th, 2024

Calinan District residents protest vs disguised Cha-cha

Residents from the 19 barangays in Calinan District rallied against the disguised People's Initiative for Charter Change in a protest held on January 19, 2024. Organized by the barangay captains, around 100 individuals from each barangay gathered at Rizal Park, chanting Dabawenyos are not for sale and expressing their disapproval of the alleged cash-for-signature scheme. The protest emphasized the residents' desire for fairness and a better government approach, rejecting the notion of exchanging signatures for money. Participants, including both young and old residents, voiced their opposition to the charter change, with the youth expressing concerns about power-hungry officials. Even 75-year-old Rosminda Amarilla joined the protest to question the need for change after numerous presidents have governed without such alterations. The rally, which included a motorcade and drew approximately 300 participants, received disapproval from Congressman Paolo Pulong Z. Duterte and Congressman Isidro Ungab, who alleged that the signature campaign was orchestrated by leaders of the Pwersa ng Bayaning Atleta (PBA) Partylist. As of the latest update, PBA Representative Margarita Atty. Migs Nograles has yet to release a statement on the matter......»»

Category: newsSource:  sunstarRelated NewsJan 19th, 2024

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......»»

Category: newsSource:  philstarRelated NewsFeb 19th, 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

‘Informal workers to benefit from P100 wage hike’

Contrary to an employers’ group’s claim, informal workers would also benefit from the proposed P100 legislated wage increase, according to labor group Partido ng Manggagawa......»»

Category: newsSource:  philstarRelated NewsFeb 19th, 2024

PCCI: P100 wage hike to hurt SMEs

The proposed P100 daily minimum wage increase for private sector workers may hurt small and medium enterprise in the country as it may lead to the reduction of their workforce or even closure, the Philippine Chamber of Commerce and Industry warned......»»

Category: financeSource:  philstarRelated NewsFeb 17th, 2024

Employers’ group asks President Marcos: Veto P100 wage hike law

President Marcos should veto a proposed measure legislating a P100 daily across-the-board increase for the private sector as there is no way that small businesses can comply with the legislated wage hike, Employers Confederation of the Philippines (ECOP) chairman Sergio Ortiz-Luis Jr. said yesterday......»»

Category: newsSource:  philstarRelated NewsFeb 16th, 2024

Senate eyes OK of P100 minimum wage hike

Senators are hoping to approve this week the proposed P100 increase for minimum wage earners as a Valentine’s gift to Filipino workers, Sen. Nancy Binay said yesterday......»»

Category: newsSource:  philstarRelated NewsFeb 11th, 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

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......»»

Category: financeSource:  philstarRelated NewsApr 20th, 2024

Man’s body found lying in Sibonga creek; suspect admits crime

Man’s body found lying in Sibonga creek; suspect admits crime.....»»

Category: newsSource:  inquirerRelated NewsMay 2nd, 2024

CHD admits lack of antivenom

CHD admits lack of antivenom.....»»

Category: newsSource:  sunstarRelated NewsFeb 11th, 2024

Leyte sets aside P20-M for Covid-19 vaccines

ACQUIRING VACCINES. Leyte Governor Leopoldo Dominico Petilla is shown during a meeting on Dec. 11, 2020. The provincial government of Leyte has initially allocated PHP20 million for the procurement of Covid-19 vaccines once it is available in the market, Petilla said on Monday (Dec. 21, 2020). (Photo courtesy of the Leyte provincial government) TACLOBAN CITY […].....»»

Category: newsSource:  balitaRelated NewsApr 9th, 2024

PLDT proposes $3 million settlement in US budget mess suit

Integrated telco PLDT Inc. has proposed to settle $3 million, or around P165 million, to resolve a class action suit filed against it in the US over its budget fiasco......»»

Category: financeSource:  philstarRelated NewsFeb 23rd, 2024

Not Taylor-made

Can’t figure out why my friend, Cong. Joey Salceda made an international embarrassment of himself by criticizing Singapore for monopolizing the Taylor Swift concert in Southeast Asia......»»

Category: financeSource:  philstarRelated NewsMar 18th, 2024