Counsel of GOCCs defends PhilHealth’s transfer of excess funds: It is lawful, does not impair the constitutional right to health, and petitions should be dismissed by the Supreme Court

Government Corporate Counsel Solomon M. Hermosura has defended the Philippine Health Insurance Corporation’s (PhilHealth) transfer of its excess funds to the National Treasury, arguing that it was lawful, does not…

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SolGen defends mobilization of excess GOCC funds: A common sense approach within legal bounds to finance critical programs for Filipinos

Solicitor General Menardo I. Guevarra has defended before the Supreme Court the legality and necessity of Special Provision 1(d) of the General Appropriations Act (GAA) of 2024 and the Department…

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Gov’t to appear before the Supreme Court to shed light on just cause behind PhilHealth’s transfer of excess funds to finance national development

The executive and legislative branches of government are set to appear before the Supreme Court on February 4, 2025 for oral arguments to shed light on the just cause behind…

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PH economy maintained steady growth in 2024 despite challenges; outlook for 2025 remains bullish driven by lower inflation, higher consumption, and investments

The Philippine economy has maintained a steady gross domestic product (GDP) growth of 5.6% in 2024—the second fastest in ASEAN—despite multiple challenges. The outlook for 2025 also remains bullish, fueled…

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PH convenes high-level biz dialogue with Dutch investors in the Netherlands

The Philippines convened a high-level business dialogue with Dutch investors in the Netherlands on January 27, 2025 to showcase the nation’s promising growth potential and pro-investment reforms to attract more…

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DOF maximizes national gov’t revenue streams by privatizing non-performing assets to generate more funds for national development and minimize debt

The Department of Finance (DOF) is maximizing the National Government’s (NG) revenue streams by privatizing non-performing and idle public assets in order to generate more funds to aid national development…

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DOF successfully issues JAO to implement pre-border technical verification and cross-border e-invoicing system that will protect consumers from unsafe goods

The Committee on Pre-border Technical Verification and Cross-border Electronic Invoicing (CPTVCEI), led by the Department of Finance (DOF), has successfully issued the Joint Administrative Order (JAO) implementing AO No. 23,…

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