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THE Senate Committee on Finance yesterday endorsed for plenary approval its proposed P5.768 trillion national budget for 2024, which chairperson Sen. Juan Edgardo Angara said will allocate funding that would support the Marcos administration’s “Bagong Pilipinas” or a New Philippines brand of governance.
Mr. President, let me align myself with the observation and recommendation of the Senate President Pro Tempore [Senator Loren Legarda]. I did not stand, I did not raise my hand with the intention of clearing any statement I made. I didn't even read that [article raised earlier by Senator Jinggoy Estrada]. I do not bother reading those kinds of articles. I don't. So nung nabanggit pa yung pangalan ko, eh nagugulat lang ako kasi I don't bother reading those articles and I won't comment on it.
As the Senate opens floor debates on the 2024 national budget this week, Sen. Chiz Escudero said funding for new facilities at the Ayungin Shoal and Kalayaan Island, the country's frontline posts in the West Philippine Sea (WPS), "is a done deal in the Senate."
SM Prime [SMPH 31.00, up 2.0%] [link] said that its Q3 net income was P10.7 billion (+35% y/y), supported by P32.7 billion in consolidated revenues (+20% y/y) and P15.6 billion in consolidated operating income (+17% y/y). Over the first nine months of 2023, SMPH reported P30.1 billion (+37% y/y) in net income, supported by P92.6 billion in consolidated revenues (+26% y/y) and consolidated operating income of P44.5 billion (+29% y/y). On a 9M segmented basis, SMPH’s mall business generated P52.5 billion in revenue (+37% y/y), the residential real estate development business generated P28.7 billion in revenue (+10% y/y), and the offices, hotels, and convention centers business generated P9.5 billion (+33% y/y).
The decision of President Bongbong Marcos to suspend the Maharlika Fund implementation is a presidential prerogative that the Chief Executive chose to exercise early in its application.
The flag of the United States being raised over San Juan, Puerto Rico, on October 18, 1898, is a historic moment that marked the transfer of Puerto Rico from Spanish control to U.S. control during the Spanish-American War. The United States invaded Puerto Rico as part of its broader campaign against the Spanish Empire in 1898.
MANILA, Philippines — Vice President Sara Duterte on Wednesday assured her supporters that her rejected request for confidential funds was minuscule compared to the tough economic times brought by the continued surge in prices.
LUXEMBOURG, Luxembourg — EU environment ministers meeting in Luxembourg on Monday were working on setting a common position for the bloc on fossil fuels and carbon-capture tech ahead of the COP28.