Page 237 - Malaca News Today

Malacañang announced yesterday new appointments in the Philippine Sports Commission, public works, trade and labor departments and the military.

Finished in 1986, the Bataan plant in the Philippines has never produced a kilowatt of electricity.

President Ferdinand R. Marcos Jr. conferred the “Presidential Lingkod Bayan Award” on the Bangko Sentral ng Pilipinas for its Cash Service Alliance program that ensures there is enough money in circulation to support economic activities. The BSP, in a statement on Wednesday, said the Presidential Lingkod Bayan Award is given to individuals or groups in

Cebu Port Authority expects more travelers during Holy Week; police in Cebu City, Mandaue to secure churches, tourist sites

The Marcos Jr. administration gave the go-ahead on Tuesday to merge two state-owned banks.

What makes this push different from similar attempts of previous administrations? Marcos ‘has very strong control over Congress,’ says his finance chief.

The reforms would still need to pass scrutiny in both houses of Congress, but Diokno said they’ve already talked to some legislators that will push for these reforms.

President Ferdinand "Bongbong" Marcos Jr. is keen on merging the Development Bank of the Philippines and the Lank Bank of the Philippines, which he called as a game changer amid recent financial developments abroad.

FINANCE Secretary Benjamin E. Diokno announced last Tuesday that President Ferdinand R. Marcos Jr. has approved decreasing the contributions of government to the pool of funds for the pension of military and uniformed personnel, among other reforms to avoid a “fiscal collapse.” In a news conference in Malacañang, Diokno disclosed…

There have been previous moves to merge the two government banks. In 2016, then-senator Ferdinand Marcos Jr. opposed the move.