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Government infrastructure spending scaled up to P121 billion

The government increased its infrastructure spending by nearly seven percent to P121 billion from January to February compared to last year’s level on the back of higher disbursements for road projects, the Department of Budget and Management said......»»

Category: financeSource:  philstarRelated NewsApr 24th, 2024

Government arsenal spending up 420 percent but misses production target

The Government Arsenal increased its spending in 2023 by 420 percent, but still failed to meet its ammunition production target for the year, according to a report from the Commission on Audit......»»

Category: newsSource:  philstarRelated NewsApr 2nd, 2024

Government jacks up infrastructure spending to P1.2 trillion in 2023

The government jacked up its infrastructure spending last year, hitting P1.2 trillion and effectively surpassing its programmed allocation on the back of faster disbursements for major transport and road projects, according to the Department of Budget and Management......»»

Category: financeSource:  philstarRelated NewsApr 1st, 2024

ICT spending in AsPac reaches $1.3 trillion in 2023

Information and communications technology spending in Asia and the Pacific reached the $1.3 trillion mark in 2023, as companies increased their investments on automation and cloud to survive and thrive in the digital era......»»

Category: financeSource:  philstarRelated NewsMar 25th, 2024

Government urged to keep spending, avoid high surplus

The government should not keep a high surplus and instead continue to ramp up spending in order to meet the growing needs of the economy, an economist said......»»

Category: financeSource:  philstarRelated NewsMar 18th, 2024

Jollibee spending P23 billion for capex

Jollibee Foods Corp. is spending as much as P23 billion this year to sustain its growth momentum after posting strong profitability in 2023......»»

Category: financeSource:  philstarRelated NewsMar 12th, 2024

Tell it to SunStar: Efficient resource management on education over simply spending more

Tell it to SunStar: Efficient resource management on education over simply spending more.....»»

Category: newsSource:  sunstarRelated NewsMar 7th, 2024

Clark Water spending P5.6 billion for freeport service upgrade

Clark Water Corp., a subsidiary of Manila Water Philippine Ventures, is spending P5.56 billion to improve its services in the Clark Freeport Zone......»»

Category: financeSource:  philstarRelated NewsFeb 23rd, 2024

ALI spending P100 billion for projects this year

Ayala Land Inc, the listed property giant of the Ayala Group, is ramping up its investments this year with capital spending returning to pre-pandemic level......»»

Category: financeSource:  philstarRelated NewsFeb 21st, 2024

US spending $7mn a year on seized Russian yacht

The luxury vessel worth $300 million was arrested in Fiji in 2022    The US government is spending more than $7 million a year to maintain a superyacht it seized from a sanctioned Russian businessman and that it is now seeking to sell, a court filing from Friday showed.   The yacht, named 'Amade.....»»

Category: newsSource:  inquirerRelated NewsFeb 15th, 2024

Infrastructure spending hits lowest level in November

Government spending for infrastructure dropped to a year-low in November last year even after state agencies were ordered to catch up on their expenses to boost economic growth......»»

Category: financeSource:  philstarRelated NewsFeb 3rd, 2024

‘Investment spending rebounds in 2023 4Q, driving GDP growth’

‘Investment spending rebounds in 2023 4Q, driving GDP growth’.....»»

Category: sportsSource:  abscbnRelated NewsFeb 2nd, 2024

PMPI Issues Urgent Warning against Alleged Manipulation of People s Initiative for Constitutional Amendments

Philippine Misereor Partnership Inc. (PMPI) expresses alarm over reports that a campaign to amend our Constitution through the people's initiative has begun.Various accounts have alleged that payment or aid is being used to lure people to sign documents to push for the so-called charter change through a people's initiative. Worse, there are reports that local government officials have facilitated these alleged c.....»»

Category: newsSource:  manilanewsRelated NewsJan 18th, 2024

PMPI Issues Urgent Warning against Alleged Manipulation of People s Initiative for Constitutional Amendments

Philippine Misereor Partnership Inc. (PMPI) expresses alarm over reports that a campaign to amend our Constitution through the people's initiative has begun.Various accounts have alleged that payment or aid is being used to lure people to sign documents to push for the so-called charter change through a people's initiative. Worse, there are reports that local government officials have facilitated these alleged c.....»»

Category: lifestyleSource:  abscbnRelated NewsJan 18th, 2024

NZ-EU FTA gains Royal Assent for 1 May entry to force

The European Union Free Trade Agreement Legislation Amendment Bill received Royal Assent today, completing the process for New Zealand's ratification of its free trade agreement with the European Union.   "I am pleased to announce that today, in a small ceremony at the Beehive, New Zealand notified the European Union of our ratification of the New Zealand European Union Free Trade Agreement (NZ-EUFTA)......»»

Category: newsSource:  inquirerRelated NewsMar 25th, 2024

What examples of comparison-free joy have influenced your life?

What examples of comparison-free joy have influenced your life? How does remembering your place in the body of Christ free you from the need to compare yourself to others?.....»»

Category: newsSource:  philstarRelated NewsFeb 27th, 2024

PH OKs revised Asean free trade pacts with ANZ, Hong Kong

MANILA — The Philippines, a founding member of Association of Southeast Asian Nations (Asean), has agreed to amend two important free trade agreements to benefit investors, traders, and exporters. The Department of Trade and Industry (DTI) announced on Thursday  that it signed the Second Protocol to Amend the Agreement Establishing the Asean-Australia-New Zealand Free Trade.....»»

Category: newsSource:  inquirerRelated NewsFeb 16th, 2024

Free leptospirosis meds, anti-tetanus vaccines for flood-affected residents

Summary: The Davao City Health Office (CHO) is providing free medicines for leptospirosis and anti-tetanus shots to residents affected by floods. Dr. Tomas Miguel Ababon, CHO Officer-In-Charge, announced the availability of these medications during a media forum, emphasizing their dispatch during emergencies. He highlighted the proactive response of health district staff, ensuring that evacuation centers are equipped with prophylaxis for leptospirosis. Additionally, tetanus toxoid, dressings, and antibiotics are available for flood-related injuries. Ababon emphasized that these services and medications are provided free of charge. He advised seeking a doctor's guidance for the dosage of prophylaxis medicine, as well as the administration of antibiotics due to potential allergies. Despite recording 17 cases of leptospirosis in the first two weeks of the month, no related deaths were reported. This initiative aims to safeguard the health of flood-affected residents in Davao City......»»

Category: newsSource:  sunstarRelated NewsJan 19th, 2024

Top 5 Simple Habits to Save Money Every Day

Saving money doesn’t mean you have to live a life of extreme frugality. Finding the right balance between spending and saving can help you manage your finances. Creating good habits can also help you save more money without sacrificing your quality of life. Here are five simple habits to help you save money every day. […].....»»

Category: newsSource:  metrocebuRelated NewsMay 17th, 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