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Here’s a quick roundup of today’s top stories:
Marcos defends zero subsidy for PhilHealth in 2025President Ferdinand “Bongbong” R.Marcos Jr. on Monday defended the removal of the Philippine Health Insurance Corporation’s (PhilHealth) P74-billion subsidy for 2025, citing its remaining reserves.
Article continues after this advertisementIn a chance interview, Marcos pointed out that even if the government did not grant PhilHealth’s subsidy in the 2025 budget, it would still have a reserve of P500 billion.
FEATURED STORIES NEWSINFO Acop to Dela Rosa: Rebut report with proof, not theatrics NEWSINFO 2 senators claim not aware of changes in proposed national budget NEWSINFO Angara: Marcos to remedy huge DepEd budget cut Marcos says he’s working on restoring DepEd budget cutPresident Ferdinand Marcos Jr. on Monday said he is working on restoring the P10-billion cut from the Department of Education’s (DepEd) 2025 budget as it was “contrary” to the government’s “policy direction.”
Marcos made the pronouncement after the bicameral conference committee reduced DepEd’s budget for 2025 from its original proposal of P748.6 billion to P737 billion.
big win 777Article continues after this advertisement Imee urges President Marcos to scrutinize budget bill before signingSen. Imee Marcos appealed to her younger brother President Ferdinand Marcos Jr. to thoroughly check, line by line, the 2025 budget bill before he signs it, warning against the changes made to the proposed funding that allegedly go against the administration’s priorities for next year.
Article continues after this advertisementThe lady senator aired her appeal in an interview on Monday, noting that the president is the “only hope” for important provisions of the national budget not to be deleted.
Article continues after this advertisement Mary Jane may return to Philippines this week – DFAFilipina inmate Mary Jane Veloso may be able to return home from Indonesia this week, the Department of Foreign Affairs (DFA) said on Monday.
DFA Undersecretary Eduardo De Vega said while the chance for Veloso’s arrival is likely, it would still depend on the Philippines’ discussions with Indonesia either on Monday night or Tuesday.
Article continues after this advertisement Top South Korean court begins Yoon impeachment trialSouth Korea’s constitutional court kicked off proceedings on Monday over the impeachment of President Yoon Suk Yeol, who has been suspended from office over his failed bid to impose martial law.
By the closing bell, the benchmark Philippine Stock Exchange Index (PSEi) shed 0.26 percent, or 19.31 points, to 7,437, snapping a two-session winning streak.
Yoon was removed by South Korea’s parliament on Saturday over his short-lived attempt to suspend civilian rule, which plunged the country into its worst political turmoil in years.
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Motorists will have to pay more for petroleum products this week, as a price hike of nearly P1 a liter for gasoline and diesel was set starting Tuesday, December 17.
In separate advisoriesmnl168, Seaoil and Shell Pilipinas said gasoline and diesel prices would go up by 80 centavos a liter.
READ NEXT Legarda concern about education budget cuts; seeks transparency Solons fear VP Duterte’s vow to face impeach raps is jus... EDITORS' PICK Mesa ni Misis: Green festive flavors Legarda concern about education budget cuts; seeks transparency Top South Korean court begins Yoon impeachment trial Solons fear VP Duterte’s vow to face impeach raps is just lip service The last full moon of the year and what it means for your zodiac sign Sharon Cuneta, Kiko Pangilinan bond with Bongbong Marcos, wife at Malacañang concert MOST READ Comelec probes possible sharing of voters in some areas Jamela Villanueva goes cryptic after Maris Racal-Anthony Jennings exposé 2 senators claim not aware of changes in proposed national budget Solons fear VP Duterte's vow to face impeach raps is just lip service Follow @FMangosingINQ on Twitter --> View comments