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May 31, 2023
The government increased its infrastructure spending to almost P200 billion in the first quarter, mainly to finance road and rail projects, the Department of Budget and Management said.
May 29, 2023
The Department of Budget and Management has urged government agencies to further ramp up their budget disbursement and spending as the utilization rate of the state firms reached 90 percent from January to April.
May 25, 2023
The government has approved the release of P25.16 billion to the Philippine Health Insurance Corp. to cover the health insurance premiums of 8.38 million Filipino indigents for one year, according to the Department of Budget and Management.
May 23, 2023
The government increased its releases of cash allocations, but state agencies were not able to improve their spending rate as of April, according to the Department of Budget and Management.
May 19, 2023
Budget Secretary Amenah Pangandaman yesterday took her oath as the newest appointed high-ranking member of the Philippine Coast Guard Auxiliary. On board one of the PCG’s largest ships, the BRP Melchora Aquino, PCG Commandant Admiral Artemio Abu presided over the donning and oath-taking ceremony for Pangandaman and other Department of Budget and Management officials.
May 18, 2023
Doman Building Materials Group (TSE:DBM – Get Rating) had its price objective upped by research analysts at Raymond James from C$7.00 to C$7.25 in a note issued to investors on Tuesday, BayStreet.CA reports. The brokerage presently has a “market perform” rating on the stock. Raymond James’ price objective points to a potential upside of 8.21% […]
May 17, 2023
DBM releases funds for construction of classrooms
May 9, 2023
The government has released P4.5 trillion of the 2023 budget or roughly 86 percent of the record P5.268-trillion allocation for this year, as agencies ramp up their various programs.
May 6, 2023
The government still has some P21.5 billion in calamity fund that can be used for various disaster relief operations until the end of the year, according to the Department of Budget and Management.
April 24, 2023
Doman Building Materials Group (TSE:DBM – Get Rating) had its price target decreased by CIBC from C$7.25 to C$7.00 in a research report sent to investors on Thursday, BayStreet.CA reports. DBM has been the subject of several other research reports. Royal Bank of Canada lifted their price objective on Doman Building Materials Group from C$8.00 […]