Responding to defenses of the PhilHealth fund transfer
The third tranche of the controversial P89.9 billion in Philippine Health Insurance Corp. (PhilHealth) “unused” funds, worth P30 billion, is set to be transferred from PhilHealth to the National Treasury on Oct. 16. The last tranche worth P29.9 billion, is
Peso may move based on inflation numbers
BW FILE PHOTOTHE Philippine peso would likely be range-bound against the dollar this week, analysts said, as the market awaits inflation data releases both at home and in the US.It closed at P56.077 a dollar on Friday, weakening by 11.2
PSEi may advance on more upbeat Q4 outlook
REUTERSBy Revin Mikhael D. Ochave, ReporterPHILIPPINE STOCKS could sustain their climb on dovish policy forecasts and a more positive outlook by businesses and consumers for the fourth quarter (Q4), analysts said.“Bulls lined up at the local equity market, fueled by
Manila pushes for rules-based order, peaceful resolution of disputes at UN
UN PHOTOMANILA’s top envoy in his speech before the United Nations General Assembly (UNGA) pushed for the peaceful and diplomatic resolution of territorial disputes, particularly in the South China Sea, citing the importance of upholding a rules-based international order.“Despite irresponsible
House risks lawsuit in ‘unconstitutional’ 2025 budget amendments
By Kenneth Christiane L. Basilio, Reporter THE HOUSE of Representatives may have violated a Philippine Constitution provision disallowing amendments on bills passed on final reading, analysts said, which could open the chamber to potential lawsuits that could derail the government’s spending