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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 […].....»»
GCash Disappears on Google Play Store, Company Says for Updates
Late last night, users were surprised to find that the GCash app had vanished from the Google Play Store, prompting concerns and speculation, with the company ensuring users that their funds and accounts remain secure. As of 2 AM, the GCash app was nowhere to be found on the Play Store, leading to the circulation […].....»»
Rama wants state of calamity declared in Cebu City due to El Niño
CEBU CITY, Philippines – Mayor Michael Rama wants to place Cebu City under a state of calamity or a state of emergency due to the effects of the El Niño phenomenon. The declaration will allow City Hall to use government funds to assist those who are badly affected by the worsening El Niño, especially the.....»»
OSG calls on the court anew to reverse the acquittal of 10 human rights defenders
"Such frivolous yet retaliatory charges pursued by government counsels also show how public funds are being wastefully utilized to go after those who defend and uphold human rights.” The post OSG calls on the court anew to reverse the acquittal of 10 human rights defenders appeared first on Bulatlat......»»
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......»»
Solon wants to pause PhilHealth contributions for minimum wage earners
A lawmaker is seeking a temporary suspension of the PhilHealth premium contributions for minimum wage earners to utilize the unspent funds of the state insurer to subsidize the premiums of low-income individuals......»»
BPI eyes return to debt markets in 1st half
Bank of the Philippine Islands is looking to tap the local and foreign debt markets within the first half of the year to raise funds to refinance its maturing obligations and beef up its lending portfolio......»»
Radyo5, Rappler spotlight public funds used in Bagong Pilipinas rally
CHEERS TO Radyo5 and Rappler for calling the people's attention to the exorbitant cost of holding President Ferdinand Marcos Jr.'s rally on Sunday, Jan. 28, 2024.Dubbed Bagong Pilipinas (New Philippines,) the rally was described by the state-run Philippine Information.....»»
Radyo5, Rappler spotlight public funds used in Bagong Pilipinas rally
CHEERS TO Radyo5 and Rappler for calling the people's attention to the exorbitant cost of holding President Ferdinand Marcos Jr.'s rally on Sunday, Jan. 28, 2024.Dubbed Bagong Pilipinas (New Philippines,) the rally was described by the state-run Philippine Information.....»»
EDITORIAL — 115th in transparency
With the recent controversy involving secret funds for both national and local government agencies, people may question the improvement, slight as it is at just one notch, in the Philippines’ ranking in the 2023 Corruption Perceptions Index......»»
ACT solon moves to probe efforts to jumpstart Cha-cha
MANILA, Philippines — A resolution seeking to investigate the reported signature-buying and the alleged use of public funds to push for constitutional reform or Charter change (Cha-cha) through the “so-called” people’s initiative (PI), has been filed in the House of Representatives. Alliance of Concerned Teachers Rep. France Castro said on Sunday that she electronically filed.....»»
Sandigan affirms Benguet ex-cashier’s 89-year sentence
The Sandiganbayan has affirmed the conviction of a former cashier of the Benguet provincial government for multiple counts of malversation of public funds over a cash shortage amounting to P4.08 million......»»
SEC formally asks NTC to block Binance
In a letter to the NTC, SEC Chairperson Emilio Aquino says Binance 'poses a threat to the security of the funds of investing Filipinos'.....»»
Rural Missionaries of Philippines: Can we get back to our ministries?
For more than two years, the Rural Missionaries of the Philippines is unable to access their funds in the bank and use them for their mission activities......»»
Suspected terror fund facilitator caught using remittance centers
Emmett Manantan of the Anti-Money Laundering Council confirmed that the suspect Myrna Mabanza used money service businesses to transfer funds to members of the Abu Sayyaf Group.....»»
President Marcos: Look for new fund source for Mindanao railway
President Marcos yesterday ordered the transportation and finance departments to look for funds for the Tagum-Davao-Digos railway, a project that has been stalled after the government decided to no longer tap Chinese loans for its financing......»»
3 TLRC execs get 26 years for ‘pork’ scam
The Sandiganbayan yesterday sentenced three ranking officials of the abolished state firm Technology and Livelihood Resource Center to serve up to 26 years in prison for graft and malversation of public funds in connection with their involvement in the “pork barrel” fund scam......»»
Prayer rally vs people s initiative set in Davao
Over 50,000 people from around the country are expected to join “One Nation, One Opposition,” a multi-sectoral prayer rally set on Sunday in Davao City to protest the use of government programs and public funds to mislead voters into signing documents intended to support amendments to the Constitution......»»
$247 million hot money exits Philippines in 2023
A total of $247.3 million worth of speculative funds exited the Philippines last year, reversing the $886.7 million net inflow recorded in 2022, according to the Bangko Sentral ng Pilipinas......»»
Stocks move in step with Asia-wide rally
Local stocks recovered yesterday, moving in step with Asian peers, ahead of US inflation data that could influence the Federal Reserve’s thinking on rate cuts, while the crypto world got a boost after exchange-traded funds to track Bitcoin were approved in the United States......»»