PH 2018 economic growth at 6.2%, short of lowered target

The Philippine economy grew 6.2% in 2018, lower than the government’s downgraded target of 6.5% to 6.9% and down from the 6.7% growth in…

JV of SICPA and SGS secure BOC’s fuel marking project

The joint venture of Swiss-based SICPA SA and locally based SGS Philippines, Inc. has won the contract to provide a fuel marking program for…

DBM eyes P2.16B budget for air transport projects next year

The Department of Budget and Management (DBM) is allocating a P2.16-billion budget for air transport infrastructure in 2019 to boost the Philippines’ bid to…

DOF: Approval, implementation process for mega infra projects improves

The Philippine government is continuously upgrading its institutional processes for approving and executing big-ticket infrastructure projects to hasten the implementation of its ambitious “Build,…

DBM to assist BOC in finding a fuel marking service provider

The Philippine Bureau of Customs (BOC) has tapped the Department of Budget and Management-Procurement Service (DBM-PS) to procure a service provider that will implement…

PH immigration agency to create dedicated port unit, get additional staff

The Philippine Department of Budget and Management (DBM) has approved the request of the Bureau of Immigration to create a new office to complement…

PH President inks P3.3T national budget for 2017

President Rodrigo Duterte has signed into law the General Appropriations Act (GAA) of 2017, which increases the national budget to P3.35 trillion, 11.6% higher…

PH gov’t employees get discounts from Cebu Pacific

Cebu Pacific (CEB) has signed a Government Fares Agreement with the Procurement Service, an attached agency of the Department of Budget and Management (DBM),…

P860B budget for PH transport infrastructure in 2017

The Duterte administration has submitted to Congress its proposed 2017 national budget amounting to P3.35 trillion, of which 10.6% is allotted for the development…

Transport infra to get bulk of proposed P829B PH budget for economic services

OF the Philippine government’s proposed P3.002-trillion national budget for 2016, P829.6 billion or 27.64% will be allocated for economic services, the bulk of which…