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MANILA, Philippines — The government has adjusted the national budget by nearly P270 billion, with the majority directed toward unprogrammed appropriations, resulting in a record-setting total of P5.54 trillion for the current year.
MANILA, Philippines — Demand for the government’s short-term securities hit a two-month high following favorable inflation and economic data and amid an expected pause of the central bank.
MANILA, Philippines — The government yesterday released the implementing rules and regulations (IRR) of the Maharlika Investment Fund (MIF) law, which include a provision allowing President Marcos to reject the recommendation of the Maharlika Investment Corp. (MIC) advisory board on vacant posts and require the body to submit additional nominees.
MANILA, Philippines — The Department of Finance (DOF) has conducted nearly 60 investigations against officials and employees suspected of being involved in graft and corruption under its jurisdiction.
MANILA, Philippines — The Department of Budget and Management (DBM) has released P1 billion to compensate the victims of the Marawi siege.
MANILA, Philippines — The health maintenance organization (HMO) industry swung to a net loss of P1.2 billion in the first semester, as benefits and claims by its members soared.
MANILA, Philippines — Rates for the government’s short-term securities dropped across the board ahead of the scheduled policy meetings of the US Federal Reserve and the Bangko Sentral ng Pilipinas (BSP).