DBM orders project review ahead of 2028 budget cycle

Inquirer.net - Oct 10, 2026

MANILA, Philippines — The Department of Budget and Management (DBM) directed regional development councils (RDCs) to start reviewing and prioritizing projects as they prepare for the 2028 national budget. Consequently, they must submit endorsed proposals to national agencies by mid-December. The DBM and the Department of Economy, Planning and Development (DEPDev) have issued joint guidelines

Read full article

More News

Gov’t raises P167.25B from new retail bonds

Oct 10, 2026

Gov’t raises P167.25B from new retail bonds

MANILA, Philippines —˜The Marcos administration has raised P167.25 billion in new money from its 32nd retail Treasury bond (RTB) offering, exceeding its P150-billion target after a weeklong offer period. Initially, the Bureau of the Treasury (BTr) set a P30-billion target in its notice of offering before raising it to P150 billion during the launch. READ:

GCash IPO seen putting PH firms back on foreign investors’ radar

Oct 10, 2026

GCash IPO seen putting PH firms back on foreign investors’ radar

MANILA, Philippines — The strong reception for GCash parent Mynt Inc.’s initial public offering (IPO) is drawing investors’ attention beyond the fintech giant, with some now looking at other Philippine companies. On Friday, Mynt chief financial officer Evelyn Ng said a handful of investors they had spoken with were beginning to explore investment opportunities elsewhere in

Philippines aligns bond pricing with global convention

Oct 10, 2026

Philippines aligns bond pricing with global convention

MANILA, Philippines — The Philippines will adopt an international bond pricing convention on Jan. 4, 2027, covering eligible peso-denominated government and corporate securities as regulators seek to attract more investors and deepen market liquidity. On Friday, the Bangko Sentral ng Pilipinas (BSP) said the transition covers eligible peso-denominated, coupon-bearing securities. READ: PH to iron out bond

PDIC beats recovery targets

Oct 10, 2026

PDIC beats recovery targets

MANILA, Philippines — The Philippine Deposit Insurance Corp. (PDIC) exceeded its 2025 targets for asset recovery, loan resolution and the liquidation of closed banks, boosting recoveries for depositors and creditors. The state-run deposit insurer resolved 2,389 pieces of property with a combined gross book value of P524.9 million and offered 404 for public bidding, according to

Big-ticket projects in 2026 to propel Peza to record year, says Panga

Oct 10, 2026

Big-ticket projects in 2026 to propel Peza to record year, says Panga

MANILA, Philippines — Four big-ticket projects in the Philippine Economic Zone Authority’s (Peza) pipeline could propel the agency to an all-time high in investment approvals this year, potentially surpassing its P311-billion record by about P200 billion. Peza Director General Tereso Panga said the agency, which had already approved P297.14 billion worth of projects as of September,

BIR requires amount of withholding tax to be shown as separate item on invoices

Oct 10, 2026

BIR requires amount of withholding tax to be shown as separate item on invoices

The Bureau of Internal Revenue (BIR) has issued a new regulation requiring the amount of creditable withholding tax, when applicable, to be shown as a separate item on invoices.

China wants 5 innovative drugs with US$1 billion returns by 2030. Which might they be?

Oct 10, 2026

China wants 5 innovative drugs with US$1 billion returns by 2030. Which might they be?

The increasing global appeal of Chinese firms’ novel therapies has propelled the country’s rise as a biomedical powerhouse, but China has yet to produce a drug to rival all-time best-selling Western blockbusters in sales. Beijing has set ambitious new five-year targets to boost its global presence, including at least five products with annual global sales surpassing US$1 billion by 2030. The goal is achievable, according to some analysts. Jefferies’ head of Asia healthcare research Cui Cui noted...

QC has the space, the pace and the perks

Oct 9, 2026

QC has the space, the pace and the perks

What makes a city truly livable? In Quezon City, neighborhoods bring together schools, healthcare, employment, commerce, recreation, culture and public spaces. It stands out for its extensive green spaces amid a highly urbanized setting, giving residents the convenience of urban living while keeping them connected to nature. (https://travelagencymanila.com) Access to everyday needs Schools, healthcare facilities,

The road to growth runs through C5

Oct 9, 2026

The road to growth runs through C5

The Circumferential Road 5, known as C5, is one of the most important thoroughfares in the country’s capital region. It connects eight cities namely Las Piñas, Parañaque, Makati, Pasay, Pasig, Quezon City, Taguig and Valenzuela. Transport corridor C5 Road is generally recognized as a busy transportation corridor in Metro Manila, second only to Edsa in

A new view of city living along C5

Oct 9, 2026

A new view of city living along C5

Property investment typically comes down to two considerations: the advantages a location offers today and the value it can still create over time. Along Metro Manila’s C5 corridor, both are increasingly evident. Thriving growth corridor A few years ago, C5 Road was still regarded as an emerging proposition—one of the capital’s fringe addresses taking shape

The Filipino housing dream is changing, and that’s not a bad thing

Oct 9, 2026

The Filipino housing dream is changing, and that’s not a bad thing

(First of two parts) For generations of Filipinos, the formula was almost instinctive: Finish school. Get a job. Get married. Have children. Buy a house. For many families, the house was proof that years of hard work had finally produced something tangible. It was where children would grow up, where family reunions would happen, where

Boosting AI-driven search performance in Southeast Asia with a smart regional marketing strategy

Oct 9, 2026

Boosting AI-driven search performance in Southeast Asia with a smart regional marketing strategy

ASEAN consumers increasingly use AI tools like ChatGPT for product research, shifting visibility challenges from Google rankings. Generative Engine Optimisation (GEO) now structures content for AI citation and recommendation, becoming essential for foreign businesses entering Southeast Asian markets competing for consumer decision-making visibility.

Recommended