Manila: A Senate panel is pushing for reforms in the national budget, including a ban on ‘allocables’ and the so-called leadership fund, following its investigation into anomalous flood control projects. Senate President Pro Tempore and Blue Ribbon Co…
Western visayas: The headline inflation in Western Visayas rose to 3.5 percent in March from 3 percent in February this year, according to the Philippine Statistics Authority (PSA) on Tuesday. The year-to-date inflation from January to March 2026 is a…
Manila: The government may temporarily absorb premium contributions to state-run pension funds to help cushion the impact of rising fuel costs and inflation on workers, Sen. Sherwin Gatchalian said Tuesday. Gatchalian noted that this measure aims to a…
Manila: The Philippine peso rebounded against the U.S. dollar on Tuesday after several days of depreciation, supported by easing global oil prices, even as the local stock market closed in negative territory. The local currency strengthened to 59.87 a…
Manila: The government could incur up to PHP43.6 billion in revenue losses over three months if it expands the suspension of excise taxes by including diesel and gasoline, the Department of Finance (DOF) warned on Tuesday. Speaking to Palace reporters…
