After only 1 and a half years in office, the administration of President Ferdinand Marcos Jr. has already completed 51 percent of the target 131,410.66 kilometers of the government’s Farm-to-Market Road Network Program within six years. “I am happy to share a significant update sa ating Farm-to-Market Road Network program. Ang ating dapat na maging target is 131,410.66 kilometers sa …
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The country’s unemployment rate further declined to 3.6% in November 2023 from the 4.2% in the previous months, the Philippine Statistics Authority (PSA) reported on Monday. The latest figure translates to 1.83 million unemployed individuals, lower than the 2.18 million in November 2022 and 2.09 million in October 2023. This is the lowest recorded unemployment rate since the PSA introduced …
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A lone winner from Albay, who bagged the P571 million jackpot prize in the Ultra Lotto 6/58 drawn last December 29, 2023, said that the Philippine Charity Sweepstakes Office (PCSO) games and draws are authentic. The lucky lotto bettor correctly guessed the winning combinations 19-35-25-42-58-05 and claimed her winnings on January 2. “Ang masasabi ko lang sa mga nagsasabi na …
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Some P7.5 billion in funding has been earmarked for the upgrade of 22 airports and aviation facilities, including the one on Pag-asa Island. Makati City Rep. Luis Jose Angel Campos, Jr., Vice Chairman of the House Appropriations Committee, said that rehabilitation efforts will be carried out under the following budget breakdown: · P1.64 billion for Ninoy Aquino International …
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The 2024 National Budget has allocated at least P1 billion to speed up the development of protected bicycle lanes and pedestrian pathways. The 2024 budget is a huge jump from the original P500 million proposals for the Active Transport and Safe Pathways Programs (ATSPP), according to Quezon City Representative Marvin Rillo. Rillo said the ATSPP assures Filipinos that cycling is …
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The Department of Budget and Management (DBM) last week released P550 million for the National Kidney and Transplant Institute (NKTI). In a statement, the DBM said that Secretary Amenah Pangandaman has approved the issuance of Special Allotment Release Orders (SAROs) amounting to P550 million to cover the funding requirement for the Out-Patient Department (OPD) Building of NKTI. The department explained …
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President Ferdinand Marcos, Jr. is set to put up drug treatment and rehabilitation facilities for each province before he steps down from office. The Chief Executive also aims to establish community-based drug rehabilitation programs (CBDRPs) and Anti-Drug Abuse Councils (ADACs) in all provinces, cities, municipalities, and barangays. The Marcos administration announced the plan after revealing that roughly P10.41 billion worth …
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No Filipino was among the eight reported casualties in the massive earthquake that struck central Japan on New Year’s Day, the Department of Foreign Affairs (DFA) reported Tuesday. In a text message, DFA Undersecretary Eduardo Jose de Vega said the Philippine Consulate General in Nagoya continues to monitor all Filipinos living and traveling in the most affected areas. The Consulate …
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The price of cooking gas hiked between P3.40 to P3.45 per kilogram on the first day of 2024. Petron said it hiked its liquefied petroleum gas (LPG) prices by P3.40 per kg or P37.40 per 11-kg cylinder tank for January, while the Solane-branded LPG increased by P3.45 per kg or P37.95 per 11-kg cylinder tank. Meanwhile, oil companies also announced …
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2023 brought many things, good and bad, and everything in between, to showbiz. Let’s start with the not-so-good like deaths. The whole Philippines and the world was shocked when veteran and award-winning actor Ronaldo Valdez, Ronald James Dulaca Gibbs in real life, was pronounced dead on December 17 by the Quezon City Police Department for alleged suicide by shooting. The …
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The Market Monitor Minding the Nation's Business