KUALA LUMPUR – Malaysian Prime Minister Muhyiddin Yassin said on Wednesday that the government will embark on an expansionary budget to ensure people’s prosperity and economic revival amid the Covid-19 pandemic. During a television interview, Prime Minister Muhyiddin said that the first focus of budget 2021 will be to fight Covid-19 in the health aspect, therefore it is important that …

METRO MANILA – The Department of Health’s (DOH) P2.5-billion allocation for COVID-19 vaccines in the 2021 national budget lacks some P10 billion to purchase coronavirus vaccines that will be enough to cover the 20 million Filipinos or 20% of the country’s population Health Undersecretary Maria Rosario Vergeire said in an online press briefing that DOH sent a recommendation that the …

METRO MANILA – Taguig-Pateros Rep. Alan Peter Cayetano resigned Tuesday as House Speaker after the members of Congress formally ratified Marinduque Rep. Lord Allan Velasco as their new leader at the Batasang Pambansa. Cayetano said in a Facebook live that he is tendering his irrevocable resignation as the speaker of the House of the Republic of the Philippines and that …

METRO MANILA – A total of 186 congressmen, a majority of the 299 members of the House of Representatives, have elected Marinduque Rep. Lord Allan Velasco to unseat Alan Peter Cayetano as the new Speaker in a session held outside the House of Representatives. The election, which described by allies of Rep. Alan Peter Cayetano “illegal.”, happened at the Celebrity …

METRO MANILA –  The administration faction supporting Marinduque Rep. Lord Allan Velasco is plotting a move to unseat Rep. Alan Peter Cayetano as the House Speaker, saying the lower chamber needs a leader that has a heart of a public servant, and not with a heart of a tyrant.” Velasco’s camp cited that they have 187 house members supporting them, …

In order to create a sovereign wealth fund to attract investment and boost the economy, the Indonesian government is planning 75 trillion rupiah (S$6.8 billion) in cash. Global heavyweights have shown interest in joining the United States and the United Arab Emirates. The creation of a sovereign fund, to be known as the Investment Authority of Indonesia, is part of …

METRO MANILA – Senate President Vicente Sotto III has accepted the apology of Speaker Alan Peter Cayetano on his remarks that the Senate should be the one to blame for any delay in the passage of the 2021 spending bill. Sotto said that he accepted the apology and the Senate will do the best work as the Senate always do. …

METRO MANILA – President Rodrigo Duterte on Thursday vowed to settle the House speakership row if the members of the House of Representatives failed to resolve the crisis brought upon by the speakership squabble between Allan Peter Cayetano and Marinduque Rep. Lord Allan Velasco. The President appealed to the lawmakers to refrain from any “political moves” that could risk the …

METRO MANILA – The Senate panel at the budget hearing on Wednesday restored Vice President Leni Robredo’s request that some 44-million pesos be restored after Department of Budget and Management proposed budget cut down. According to Vice President Leni Robredo, the amount was supposedly alloted for the replacement of service vehicles that is being used for the relief operations. She …

If the nation experiences a second wave of Covid-19 infections, Prime Minister Prayut Chan-o-cha has pledged to give health volunteers more special grants. In fact, while presiding over a ceremony, the prime minister made the promise to pass 3,500 baht each to over 1.05 million volunteers nationwide who were working to curb the initial outbreak. A retroactive pay of 500 …