
Tinio to Oppose P7.2-Trillion Budget Bill Over Transparency Concerns
ACT Teachers party-list Rep. Antonio Tinio announced his intention to vote against the 2027 General Appropriations Bill, citing a lack of transparency. He specifically called for greater openness regarding proposed amendments to the budget.
Read up to 3 eligible full articles per Japan day (JST) for free
Create a free account to open up to 3 eligible full articles per Japan calendar day (JST). Headlines and summaries remain available across ASEAN 7.
Related articles
- Peso Strengthens on Lower Unemployment Data, Closes at P62.75:$1
The Philippine peso strengthened against the US dollar, buoyed by positive domestic employment data indicating a drop in the unemployment rate. Closing at P62.75:$1, the peso's appreciation is also attributed to easing concerns over third-quarter import surges and anticipation of increased OFW remittances in the fourth quarter.
- Palace Exec: 'Political Noise,' Fake News Hinder PH Economy
A top Palace official attributed the Philippines' recent economic slowdown to "political noise" from destabilizers and fake news. Undersecretary Claire Castro stated these factors, alongside the Middle East crisis and natural calamities, are deterring investment and hindering growth.
- PSEi Rebounds to 5,700 Level on Improved Unemployment Data
The Philippine Stock Exchange index (PSEi) rebounded to the 5,700 level, buoyed by a decrease in the unemployment rate to 5.3% in August. Improved labor market data boosted investor sentiment.
- Philippine Budget Squeezed by Rising Debt Costs, Social Spending Faces Cuts
The proposed 2027 national budget for the Philippines, set to increase by 6% to P7.2 trillion, faces significant pressure from rising debt servicing costs, leading to projected cuts in crucial social services like education and health, according to a congressional think tank.