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Results for "DBM"

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DBM Releases P9.75 Billion for Free Higher Education in SUCs
Politicsinquirerphilstar2d ago2 sources

DBM Releases P9.75 Billion for Free Higher Education in SUCs

The Department of Budget and Management (DBM) has released P9.75 billion in funding for free higher education to 108 State Universities and Colleges (SUCs). This allocation aims to support access to higher education across the country.

Ghana's Power and Water Sectors to Receive Digital Boost
Worldmyjoyonline1mo ago

Ghana's Power and Water Sectors to Receive Digital Boost

Ghana's electricity and water sectors are set for a major digital transformation with the launch of the Regulatory Information Database Management System (RIDBMS) Phase II project, aimed at improving regulation and service delivery.

Amenah Pangandaman Appointed Head of Amanah Islamic Bank
Businessinquirer1mo ago

Amenah Pangandaman Appointed Head of Amanah Islamic Bank

Former Department of Budget and Management Secretary Amenah Pangandaman has been appointed as the new head of the government-owned Amanah Islamic Bank. Her appointment raises questions about the continuation of reforms within the Philippines' sole Islamic bank.

DBMF Fund Outperforms 60/40 Portfolio
BusinessYahoo2mo ago

DBMF Fund Outperforms 60/40 Portfolio

The DBMF fund is reportedly surpassing the performance of the traditional 60/40 investment portfolio, with a $3 billion fund leading the pack. This highlights a shift in investment strategies and market performance.

Philippine Senate Prepares to Convene as Impeach Court
PoliticsFTThe Guardianaktuality-sk+5Times of Indiajerusalem-postRapplerinquirerphilstar3mo ago8 sources

Philippine Senate Prepares to Convene as Impeach Court

The Philippine Senate is preparing to convene as an impeach court on Monday, with senators instructed to wear robes for the proceedings. This development comes amidst related legal discussions and disputes involving Senate figures.

Philippines Grapples With Agricultural Damage, El Niño Preparations
Worldinquirerphilstar3mo ago2 sources

Philippines Grapples With Agricultural Damage, El Niño Preparations

Various regions across the Philippines are implementing relief measures for agricultural damage, bracing for high heat indices, and preparing for the anticipated effects of El Niño. Farmers in areas like Pagadian City and Bukidnon are making preparations for the impending dry spell.

Philippine Government Defends Fuel Tax Policy Amid Calls for Relief
Politicsinquirerphilstar4mo ago2 sources

Philippine Government Defends Fuel Tax Policy Amid Calls for Relief

The Philippine government and its economic managers are defending their decision to limit the suspension of fuel excise taxes, while lawmakers and business groups continue to push for broader tax reliefs and expanded fuel subsidy programs to address rising prices. Discussions also include the implementation and allocation of existing fuel subsidies.

Philippine DBM Allocates P238 Billion for Oil Crisis Response
Businessphilstar4mo ago

Philippine DBM Allocates P238 Billion for Oil Crisis Response

The Department of Budget and Management in the Philippines has identified P238 billion in funds to address the global oil crisis, following a directive from President Marcos. The allocation also includes a mandate for a 20 percent reduction in non-essential spending.

Puno Clarifies Grievances Against DBM, Dy Unrelated to Impeachment
Politicsinquirer5mo ago

Puno Clarifies Grievances Against DBM, Dy Unrelated to Impeachment

Deputy Speaker Ronaldo Puno has clarified that his grievances regarding the Department of Budget and Management's (DBM) failure to release funds and his dissatisfaction with House Speaker Faustino 'Bojie' Dy III's leadership are not connected to any impeachment proceedings, despite earlier reports of his party considering a move to the minority bloc.

Philippines' Proposed P7.2 Trillion 2027 Budget Includes Flood Control
PoliticsRapplerinquirer7d ago2 sources

Philippines' Proposed P7.2 Trillion 2027 Budget Includes Flood Control

The Philippine Congress has received the proposed P7.2 trillion national budget for 2027, which now includes flood control spending, an item previously removed from this year's budget. President Marcos is seeking a 'historic low' P120 billion in unprogrammed funds, sparking debate among lawmakers regarding priorities and transparency.

Philippine Transport Groups Slam Fare Hike Suspension
PoliticsRapplerinquirerphilstar+1VnExpress5mo ago4 sources

Philippine Transport Groups Slam Fare Hike Suspension

Transport groups in the Philippines have criticized President Ferdinand Marcos Jr.'s decision to suspend an approved fare hike for land vehicles, arguing that their request for a P1 increase was urgent due to the ongoing fuel crisis.