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Startups in the Philippines won more than $2.1 billion in annual funding deals in 2021 and 2022 and expect to sustain the growth this year, according to the Philippine Venture Capital Report 2023.
MANILA, Philippines – Kabataan Representative Raoul Manuel on Tuesday, September 26, questioned the proposed P21-million intelligence funds for the Metropolitan Manila Development Authority (MMDA) for 2024.
THE Bureau of Fisheries and Aquatic Resources (BFAR) on Tuesday welcomed a congressional decision to augment its budget by reallocating confidential funds from other civilian agencies, saying this would enable it to enhance its monitoring, control, and surveillance in the West Philippine Sea (WPS).
Senate Majority Leader Joel Villanueva, principal sponsor of the Increased Social Pension of Indigent Senior Citizens Law, asked the Department of Budget and Management (DBM) to pull out all the stops to ensure funding in the increase of the monthly social pension of the country's indigent senior citizens.
MANILA, Philippines — Lawmakers are pushing for a more transparent auditing process of agencies' use of confidential funds and the imposition of a "reasonable cap" following resurfaced audit documents showing Davao City's finances during Vice President Sara Duterte's tenure as the city mayor.
Dapat ay may malinaw na patakaran at limitasyon sa paggamit ng confidential at intelligence funds (CIFs) ng pamahalaan - mapalokal man o nasyonal.
MANILA, Philippines — Local government units (LGUs) need confidential funds as they regularly deal with peace and order problems in communities, Interior Secretary Benhur Abalos said yesterday.
MANILA, Philippines — The House of Representatives approved on final reading on Wednesday the proposed P5.7-trillion national budget for next year, with House leaders agreeing to take away the confidential funds sought by Vice President Sara Duterte's two offices.