Unprogrammed allocations cap seen deterring GAA ‘insertions’
THE LIMIT on unprogrammed appropriations (UAs) in the government’s proposed budget modernization bill holds the potential to deter budget “insertions,” the Department of Budget and Management (DBM) said.
Marcos expecting regional trade to offset threat to ‘rules-based’ order
PRESIDENT Ferdinand R. Marcos, Jr. said the Philippines will play a prominent role in regional trade and investment networks as ASEAN leaders called for...
Food safety measures receive over P4 billion in funding in 2025
FOOD safety programs were allocated more than P4 billion in funding in 2025, the Department of Agriculture (DA) said in a statement.
The allocations include...
Financing considered main hurdle to ASEAN power grid
SINGAPORE — Financing will be the main obstacle in the way of the $800-million ASEAN power grid, the Department of Energy said.
“The ASEAN Power...
TP opens new site in Taguig City
BUSINESS PROCESS outsourcing company TP (formerly Teleperformance) opened a new facility in Taguig City, known as the TP McKinley Campus.
The facility “symbolizes its evolution...
Peso slumps to new all-time low
THE PHILIPPINE PESO breached the P59-per-dollar level for the first time on Tuesday, amid market concerns of slowing economic growth and expectations of further...
Nomura slashes Philippine growth forecast amid graft scandal
PHILIPPINE ECONOMIC GROWTH may slow to 4.7% this year, as government spending is expected to further decline amid the corruption investigation in infrastructure projects,...
SEIPI projects single-digit growth in electronic exports
PHILIPPINE EXPORTS of semiconductor and electronic products may see single-digit growth this year, but uncertainty over the US tariff policy continues to cloud the...
ASEAN, China seal upgraded free trade deal
KUALA LUMPUR — The Association of Southeast Asian Nations (ASEAN) and China on Tuesday signed an upgraded free trade pact that seeks to deepen...
Shares rise on bargain-hunting before Fed move
PHILIPPINE STOCKS closed higher on Tuesday as players picked up cheap stocks following the market’s two-day slide, but sentiment remained cautious before the US...
Makers of basic goods vowed to keep prices steady — Trade dep’t
THE Department of Trade and Industry (DTI) said makers of basic necessities and prime commodities have committed to keep prices steady even with the...
PHL gets ‘verbal’ assurances from Fitch, Moody’s on outlook
FITCH RATINGS and Moody’s Ratings will stick to their views on the Philippines’ prospects even in the face of the flood control scandal, the...