Versuchen GOLD - Frei
AMID FLOOD CONTROL SCANDAL: DBM tightens scrutiny of fund disbursements
The Philippine Star
|November 02, 2025
The Department of Budget and Management (DBM) is now "extra cautious" in releasing public funds amid recent developments regarding alleged corruption in flood control projects within the Department of Public Works and Highways (DPWH).
While emphasizing the importance of public spending in driving economic growth, DBM Assistant Secretary Romeo Matthew Balanquit said there is a need to maintain a business-as-usual approach in disbursing the appropriated funds.
"Extra cautious because of the development that happened in the news. But at the same time, we cannot be overly cautious and withhold the money in our pocket because we will not be helping the economy," he told reporters.
Diese Geschichte stammt aus der November 02, 2025-Ausgabe von The Philippine Star.
Abonnieren Sie Magzter GOLD, um auf Tausende kuratierter Premium-Geschichten und über 9.000 Zeitschriften und Zeitungen zuzugreifen.
Sie sind bereits Abonnent? Anmelden
WEITERE GESCHICHTEN VON The Philippine Star
The Philippine Star
The power of beginning again and again and...
PEDDLER OF HOPE BY MISTER ANGKAS GEORGE ROYECA
4 mins
November 04, 2025
The Philippine Star
Philex core income jumps in Q3 as gold prices climb
Pangilinan-led Philex Mining Corp. saw its earnings from core operations rise by a little over two-thirds in the third quarter of the year, driven by higher gold prices that helped offset weaker copper prices and steady production levels.
1 mins
November 04, 2025
The Philippine Star
EMMAN ATIENZA'S ENDURING LEGACY: HER LIGHT FOR OTHERS
Our role is not to fix the pain, but to stay present in it — reminding the young that God’s plans are always for hope, healing, and a future.
5 mins
November 04, 2025
The Philippine Star
Hamas hands over three more hostage bodies
Hamas handed over bodies of three hostages on Sunday, even as the Palestinian militant group traded blame with Israel for violations of the tenuous truce that has mostly halted two years of war.
1 min
November 04, 2025
The Philippine Star
EastWest Bank eyes 10-15% loan growth
East West Bank Corp. is maintaining a cautiously optimistic outlook for the rest of the year and into 2026, expecting loan growth in the range of 10 to 15 percent as it leans on consumption-driven demand and a stronger focus on small and medium enterprises (SMEs).
2 mins
November 04, 2025
The Philippine Star
Trump: Russia, China have secretly tested nuke weapons
US President Donald Trump alleged on Sunday that countries, including Russia and China, have conducted underground nuclear tests unknown to the public, and that the United States would follow suit.
1 min
November 04, 2025
The Philippine Star
Mixed reactions as Zambo bans cell phones in restaurants
In a country with 142 million mobile phone users, the city government's initiative to call for a “no phone weekends” among customers dining in restaurants and other food establishments created a mix of reactions yesterday.
1 min
November 04, 2025
The Philippine Star
SEC warns vs illegal lending on Facebook
The Securities and Exchange Commission (SEC) has warned the public against several Facebook pages posing as legitimate lending companies that are not licensed to operate.
1 mins
November 04, 2025
The Philippine Star
Robinsons Hotels upbeat on Phl tourism growth
The Gokongwei Group’s Robinsons Hotels and Resorts (RHR) is poised to capitalize on what it expects to be a stronger growth for the country’s tourism industry in the coming years, fueled by measures implemented by the government.
2 mins
November 04, 2025
The Philippine Star
DepEd decries lack of add'l funding
The Department of Education (DepEd) is receiving more responsibilities without a budget increase.
1 min
November 04, 2025
Listen
Translate
Change font size