THE Philippine government is preparing contingencies for China’s possible invasion of Taiwan, Defense Secretary Gilberto “Gibo” Teodoro Jr. said in an interview on Thursday. “First and foremost, we really have to make an assessment whether such is likely or not, nonetheless we continue to plan on all contingencies not merely …
Read More »Philippine News
President wants list of gov’t land good for housing
President Ferdinand Marcos Jr. has ordered all government agencies to identify national and local government lands suitable for the Pambansang Pabahay Para sa Pilipino Program (4PH), which he declared as his administration’s flagship housing program. “The inventory of lands shall include government-owned idle lands or lands that have not been …
Read More »NEDA says initial Maharlika funds not part of 2024 national budget
National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan on Wednesday assured the public that the signing of the Maharlika Investment Fund will not affect the 2024 national budget. In a briefing in Malacañang, Balisacan said that the money put in the sovereign wealth fund are idle funds and not …
Read More »NEDA: Chinese infra promises still unrealized
At a Glance National Economic and Development Authority (NEDA) Secretary Arsenio M. Balisacan says pledges made by China to finance infrastructure projects in Metro Manila and Mindanao, particularly railways, have yet to come to fruition. Balisacan emphasizes the need to broaden the scope of negotiations for the intended infrastructure projects, …
Read More »Senators OK with PBBM’s appointment of Brawner as AFP chief
Photo Credit: politics.com.ph Senators on Thursday, July 20, said President Ferdinand “Bongbong’’ R. Marcos Jr, made an “excellent choice’’ in naming Lt. General Romeo Brawner as the new Armed Forces of the Philippines (AFP) chief of staff. “Very good decision. Excellent choice. General Brawner was my plebe in the …
Read More »BuCor needs P400-B for regional prisons, new facilities
The Bureau of Corrections (BuCor) needs P400 billion for its long-term plans to set up regional prisons and construct new facilities for persons convicted of heinous crimes. In a statement, BuCor said that the plans are aimed at decongesting the bureau’s prison facilities nationwide. It said that BuCor Director General …
Read More »Duterte confirmed for SONA; MMDA sets traffic management plan
Former President Rodrigo Duterte will attend the State of the Nation Address (SONA) of President Ferdinand Marcos Jr. on July 24. House Secretary General Reginald Velasco confirmed this Wednesday, adding Vice President and Education Secretary Sara Duterte will also attend the event. “He has confirmed attendance, as well as his …
Read More »BIR raids establishments
THE Bureau of Internal Revenue (BIR) raided 747 establishments during its second nationwide operation from July 13 to 14, 2023. BIR Commissioner Romeo Lumagui Jr. led the raids that were joined by all revenue regional offices and the Large Taxpayers Service. BIR Commissioner Romeo Lumagui Jr. Lumagui said businesses should …
Read More »LTFRB hits ‘fake’ jeep phaseout info
Not all old and traditional jeepneys will be stopped from plying the streets after the Dec. 31 deadline for joining a cooperative or corporation under the Public Utility Vehicle Modernization Program, the government clarified Wednesday. At a news conference in Quezon City, Land Transportation Franchising and Regulatory Board member Mercy …
Read More »ADB: PH economy to outperform Asian peers
In 2023 At a Glance The Asian Development Outlook report states that the Philippines economy, as measured by the gross domestic product (GDP), is projected to grow by 6.0 percent in 2023, the highest among countries in East and Southeast Asia. The Asian Development Bank’s (ADB) forecast for the Philippines …
Read More »