Asianet Pakistan Private Limited

THE House of Representatives will focus on passing a ‘clean budget’ for 2026, the speaker said, underscoring that this remains the chamber’s priority despite political noise and controversies over alleged flood control projects and questionable budget insertions.

Speaker Faustino ‘Bojie’ Dy III said the chamber is considering extending the plenary debates on the proposed 2026 national budget for another week.

The deliberations were originally scheduled to conclude this week, with October 10 set aside for the period of amendments to House Bill (HB) 4058, or the 2026 General Appropriations Bill (GAB).

The budget was originally set to complete plenary deliberations on the 2026 budget proposals of key agencies this week, with October 10 reserved for the period of amendments to House Bill (HB) 4058, or the General Appropriations Bill (GAB) of 2026.

‘Our priority in Congress is to pass a clean budget so we can transmit it to the Senate,’ Dy said.

The Speaker added, ‘For now, we will hold consultations, and we may even extend for another week to ensure the proper passage of next year’s budget.’

On Wednesday, plenary debates will cover the proposed budgets of the Office of the President, other executive offices, the Department of Foreign Affairs, the Department of Science and Technology, and the Department of Transportation.

Deliberations on Thursday will include allocations for Congress, the Civil Service Commission, the Department of Migrant Workers, and the Department of the Interior and Local Government. Discussions will also tackle support for the government corporate sector, lump-sum funds, and the Turno En Contra.

According to the schedule provided to the media, Thursday marks the last day of plenary debates for government agencies. Congress, composed of the House of Representatives and the Senate, is set to adjourn for a break on October 10.

‘That has not been thoroughly discussed yet, but if it becomes necessary to extend for another week, then that’s what we will do. Most likely, we may really extend by another week,’ said the speaker.

Once approved by the House, the GAB will be transmitted to the Senate for review. A bicameral conference committee will later be convened to reconcile differences between the House and Senate versions of the budget.

Paragraph 7, Section 25, Article VI of the 1987 Constitution provides that the general appropriations of the preceding year shall be deemed as re-enacted if both houses of Congress fail to pass the general appropriations bill for the ensuing year before the end of the present year.

THE global travel and tourism sector is headed for another record-breaking year, projected to contribute an historic high of US$2.1 trillion to the worldwide economy, surpassing the record high of $1.9 trillion in prepandemic 2019 by 10.5 percent.

At the launch of its latest Economic Impact Report (EIR) at the 2025 World Travel and Tourism Council (WTTC) Global Summit in Rome on Monday, WTTC Interim Chief Executive Officer Gloria Guevara said: ‘These results tell a story of strength and opportunity. The United States remains the world’s largest travel and tourism market, China is surging back, Europe is powering ahead, and destinations across the Middle East, Asia, and Africa are delivering record growth.’

The EIR also showed that 371 million jobs are estimated to be supported by the travel and tourism sector, almost 4 percent more than the 357 million jobs last year. ‘By 2035, one in eight jobs worldwide will be supported by travel and tourism, with an additional 91 million new jobs supported, the majority in the Asia-Pacific region, resulting in one in three new jobs globally supported by the sector,’ the report added.

Confidence in the sector remains strong with the EIR seeing global investment continue to rise this year after exceeding $1 trillion in 2024. Last year’s investment level was 9 percent more than in 2023.

‘The US, China, Saudi Arabia, and France together accounted for more than half a trillion dollars of that investment [last year],’ the reported noted.

Most powerful market

Despite being the ‘world’s most powerful travel and tourism market,’ the US will attract less tourist spend this year, falling by $12.5 billion, such that total spending will inch up a mere 0.7 percent. The group warned that ‘without destination promotion, traveler-friendly policies, and reduced visa costs, it could lose its competitive edge.’

The US contributed $2.6 trillion to its economy, as expressed in gross domestic product (GDP), in 2024. The report pointed to the US domestic market as the ‘strongest in the world, sustaining millions of jobs and underpinning sector resilience.’

China is the world’s second-largest market and is projected to contribute over $2 trillion to its economy, 22.7 percent from 2024. ‘This highlights China’s rapid return to international prominence and its pivotal role in shaping global travel flows,’ said the WTTC.

Japan, the world’s most popular destination according to global travel surveys, is estimated to add $13.8 billion to its GDP this year, and reach close to $325 billion. As per EIR, the country’s is the world’s fifth largest travel and tourism market.

Fastest-growing region

Meanwhile, the Middle East remains one of the fastest-growing regions in the world for travel and tourism, with Saudi Arabia continuing to stand out as a ‘global powerhouse, with inbound visitor spend surging and infrastructure investment reaching record levels.’

Earlier, the WTTC projected tourism’s contribution to the Philippine economy at 21 percent, adding some $102.6 billion to the GDP this year. This represents an 11.8-percent change from $91.8 billion GDP contribution in 2024, although a slower growth from the 27.6-percent, year-on-year change in 2024/2023. This year’s estimated tourism contribution is 13.5 percent higher than the prepandemic $90.4 billion recorded. (See, ‘Int’l tourism spending in PHL to breach pre-Covid levels,’ in the BusinessMirror, June 16, 2025.)

From September 28 to 30, over a thousand delegates, including 310 chief executive officers and chairs, will explore opportunities and challenges shaping the future of travel and tourism at the global summit.

WTTC officials said, among the key trends this year are ‘a demand for experience-led and sustainable travel, the integration of artificial intelligence [AI], shifts in consumer preferences, the growth of the short-term rental market, and the ongoing importance of business travel.’

The Commission on Elections (Comelec) is not singling out Senate President Francis ‘Chiz’ Escudero in its investigation of candidates who received campaign donations from government contractors, its chairman clarified on Tuesday.

Comelec Chairman George Erwin M. Garcia said the poll body will also look into other donors once the Department of Public Works and Highways (DPWH) confirms how many of the 55 contractor-donors have existing government contracts.

‘With all due respect, the claim that we are singling him out is not true. Senator Chiz was first only because the contractor admitted it, and he himself acknowledged receiving the donation,’ Garcia said in a Zoom interview.

Escudero, in a Senate privilege speech on Monday, questioned why he was the only one being investigated over the alleged campaign donation.

Earlier this month, the Comelec issued a show cause order against Centerways Construction and Development Inc. President Lawrence Lubiano after he admitted during a House hearing on flood control projects that he donated P30 million to Escudero’s 2022 senatorial campaign.

Lubiano later clarified the donation was made ‘personally’ and not through his firm.

Garcia said Lubiano has already appeared before the Comelec, and the next step is to seek Escudero’s side.

He stressed, however, that the senator has the right to decline.

‘That’s fine because it’s part of due process. It’s up to him if he wants to explain and present his defense. We want everyone to be afforded due process so our procedures cannot be questioned later..The candidate doesn’t need to appear personally-his lawyer can represent him,’ Garcia said.

Under Section 95 of the Omnibus Election Code, contractors and suppliers of government projects are barred from contributing to any partisan political activity, directly or indirectly.

The prohibition also covers financial institutions except for legitimate loans, utilities and natural resource extractors, companies with government franchises or contracts, recipients of recent large government loans, publicly funded schools, civil service officials, members of the armed forces, and all foreigners and foreign corporations.

Violators-both donor and recipient-may face imprisonment of one to six years.

In the aftermath of the recent typhoons that deeply affected many communities and left countless Filipinos striving to recover, the ALC Group of Companies once again showed its commitment to community service. On September 25, 2025, the company turned over cash donations and relief goods to Caritas Manila, Inc. in a simple ceremony at the Caritas Manila Compound in Pandacan, Manila.

Representing the ALC Group were the children of ALC Group Chairman D. Edgard A. Cabangon-Giannina Eunice A. Cabangon, Isuzu Gencars Operations Executive; Dannica Nicole A. Cabangon, Eternal Group Operations Executive; and Antonio Carlos G. Cabangon, Special Assistant to the Chairman of Aliw Broadcasting Corp. They personally handed the donations to Caritas Manila’s Executive Director, Rev. Fr. Antonio Cecilio T. Pascual, symbolizing the Group’s collective effort to stand with affected communities in their time of need.

The donations form part of the ALC Bayanihan Program, a company-wide initiative that brings together the management and employees of the ALC Group to extend assistance to those impacted by calamities. Beyond immediate relief, the program is designed to support rehabilitation and rebuilding efforts, ensuring that affected families can move forward with renewed strength and hope.

Speaking on behalf of the family, Dannica Nicole A. Cabangon shared: ‘Growing up, we witnessed how our grandfather, Ambassador Antonio L. Cabangon Chua, and our father, D. Edgard A. Cabangon, always made it a point to extend help to our fellow Filipinos. Inspired by their example, our generation is committed to carrying on this legacy of malasakit through initiatives that bring hope and support to those in need.’

This is not the first time the ALC Group has extended support to Caritas Manila. In previous years, the Group donated Isuzu Traviz utility vans, along with cash and in-kind contributions, to reinforce Caritas Manila’s programs for the poor and marginalized.

Founded by the late Ambassador Antonio L. Cabangon Chua and now chaired by D. Edgard A. Cabangon, the ALC Group continues to uphold its founder’s principle: that true success in business must go hand in hand with service to the community.

Matteo Malucelli of XDS-Astana stamped his class. He won Stage 1 of the PETRONAS Le Tour de Langkawi 2025 (PLTdL25) in Kuah this morning.

?The PLTdL24 Sprint King, who joined Astana earlier this year after not extending his contract with JCL UKYO – held off the challenges of second-place finisher and PLTdL22 Sprint King, Erland Blikra from Uno-X Mobility and PLTdL23 Sprint King, Arvid Kleijn (Tudor Racing Team).

The large group finished the ride in 2 hours and 22 seconds, granting Malucelli a 10-second bonus, which also allowed him to take the green jersey as the overall leader sponsored by PETRONAS, and 15 points to head the Sprint King points tally and claim the orange jersey sponsored by the Ministry of Youth and Sports (KBS).

Meanwhile, Terengganu Cycling Team (TSG) rider Muhammad Nur Aiman Rosli also made strides in the General Classification (GC) when he grabbed a 7-second bonus after dominating two intermediate sprint zones at Harbour Park and Padang Matsirat, in addition to a third place in the second sprint zone at Bayas. This effort earned him the white jersey sponsored by Rakan Muda as the Best Asian Rider.

?St George Continental rider, Ben Carman, who broke away as they approached the sole Category 4 climb zone at Bukit Malut 16km before the finish, claimed the polka dot jersey as King of the Mountains sponsored by BubblesO2.

?For Malucelli, who won Stages 2, 7, and 8 of PLTdL24, this victory in Stage 1 of PLTdL25 is a joyous occasion and provides great motivation for the remaining 7 stages.

‘I was comfortable throughout the ride, and as we approached the finish line, my teammate (Anton) Kuzmin pulled me forward, but I was still watching (Alexander) Kristoff (Uno-X Mobility). But when Kristoff slowed down and Blikra started to accelerate, I also began my sprint in the last 300 meters and finally won.

?’Being in a WorldTeam gives me more confidence, especially since I felt comfortable and calm throughout the race. Winning the first stage and wearing the leader’s jersey gives me confidence, but I know the responsibility is getting bigger. However, we will stay focused and concentrate day by day because there are many more stages to come,’ said the 31-year-old rider who also won stages at the Tour of Presidential Turkiye and Tour of Hainan this year.

??Meanwhile, Nur Aiman, who is also this year’s national road and individual time trial champion, proved he is more prepared in his third appearance at PLTdL25.

?’The coach told me to try to make a breakaway, and that’s what I did. I’m happy with the white jersey (Best Asian Rider) and the second position in the GC. I have confidence and hope to do something even bigger for the team in Stage 3 (Gerik-Pasir Puteh),’ he said, referring to the three early climb zones before the long flat route after crossing the Titiwangsa Range.

Although the race started in the rain with a total of 129 riders, the pace turned aggressive when Unibet-Tietema Rockets rider Aiden Maire initiated a break after 30km, and he was joined by Nur Aiman, George Mitsui (Aisan Racing Team) and Nate Hadden (St George) to form a small leading group.

?This group was only 1 minute 50 seconds ahead before the peloton, driven by the Astana, Tudor and Uno-X teams, chased and caught them immediately after passing the third sprint zone.

Carman’s brief breakaway allowed him to conquer the easy Category 4 climb zone at Bukit Malut, before he was caught. Although one or two riders attempted a late break, the script for the Stage 1 finish still ended with a bunch sprint to the finish line.

?One rider from the KSPO team, Lee Hosan, failed to complete the first stage and is out of the competition, further complicating matters for the South Korean Continental team which only fielded five riders this time.

?Stage 2 of PLTdL25 will start in Padang Besar, Perlis to Kepala Batas, Penang tomorrow, covering a distance of 166.1km and it is once again expected to end with a bunch sprint to the finish line on Jalan Tun Hamdan Sheikh Tahir.

?Without any climb zones, three intermediate sprint zones in Jitra (km54.0), Pendang (km90) and Sungai Petani (km142.9) will see fierce competition for the green jersey, the orange jersey and the white jersey.

DESPITE Elizaldy ‘Zaldy’ S. Co’s resignation as representative of the Ako Bicol Party-list last Monday, the former lawmaker is still not off the hook yet when it comes to the government’s ongoing probe on the multibillion flood-control project anomalies, according to Malacañang.

Also on Tuesday, the government moved to block an alleged attempt to de-register three helicopters said to belong to Co, which would have paved the way for its sale overseas.

Co resigned after House Speaker Faustino ‘Bojie’ G. Dy III revoked the travel clearance of the embattled lawmaker and on the last day of the 10-day deadline given to him by the House of Representatives to return to the Philippines.

In a press briefing on Tuesday, Palace Press Office Claire Castro said local law enforcers will coordinate with the International Criminal Police Organization (Interpol) to bring Co home once the necessary case is filed against him.

‘If a case is filed against him, he cannot avoid it. He cannot run away from it. So, it is better if he is charged, he should just fight for his rights and the truth according to his evidence,’ she said in Filipino.

Co together with other incumbent and former lawmakers were accused of receiving millions of kickbacks from flood control projects.

‘If his name is mentioned [in the investigation], he should definitely answer [the allegations against him] because if he can’t answer it and avoids it, he will only appear guilty. So, it’s better for him to explain his side,’ Castro said.

As of press time, Castro said they are still waiting for information from the Department of Justice (DOJ) if Co has already returned from his trip abroad for a medical treatment in the United States.

DOJ has asked the Interpol to issue a ‘Blue Alert Notice’ to track the whereabouts of Co abroad.

Castro said Co’s status was not discussed during the Legislative-Executive Development Advisory Council meeting held in Malacañang on Tuesday.

Among the bills presented during the meeting, she noted, were the amendments to the Rice Tariffication Act and Anti-Money Laundering Act as well as laws on online lending.

3 choppers

The government has blocked attempts to deregister three helicopters tied to Co, as authorities move to preserve billions worth of assets flagged in the widening flood control corruption scandal.

Public Works Secretary Vince Dizon said the Civil Aviation Authority of the Philippines (Caap) reported that companies tied to Co tried to deregister the aircraft, a requirement before they could be sold prospectively abroad.

‘Caap informed me there were attempts to deregister three choppers of companies linked to Congressman Zaldy Co. Caap informed that the de-registration from the Philippines is a requirement in order for them to sell the aircraft,’ Dizon said in a chance interview on Tuesday.

However, the attempts failed thanks to the Caap’s ‘standing order’ barring the removal of any aircraft flagged in the government’s flood control corruption probe.

Earlier, the DPWH sought the aid of the Anti-Money Laundering Council (AMLC) in freezing more than P4.7 billion worth of aircraft linked to Co’s family and affiliated firms.

Among the assets are a $36-million Gulfstream 350 business jet and two AgustaWestland AW139 helicopters valued at $16 million each, all under Misibis Aviation led by Co’s son, Michael Ellis.

Other assets are registered under Hi-Tone Construction, linked to Co’s brother Christopher, and QM Builder, one of the top contractors now under investigation for anomalous flood control projects.

Investigators have flagged these companies as either directly controlled by Co’s relatives or tied to contractors under scrutiny for alleged ghost and overpriced flood control projects.

Co, who once chaired the House appropriations committee, has yet to return to the country from medical leave in the United States. His name has surfaced repeatedly in the ongoing investigation into the flood control mess, which has unraveled ghost and ‘super substandard’ projects across the country.

Dizon has said that the asset hunt, ordered by President Ferdinand Marcos Jr., is meant to ensure that alleged ill-gotten wealth is not dissipated and that those responsible for the flood control mess are held accountable.

Mreit Inc., the real estate investment trust of Megaworld Corp., on Monday said Andrew Tan’s mall and retail assets will expand its portfolio, which it plans to double to 1 million square meters of gross leasable area (GLA) by 2027.

The infusion of additional assets aims to capture the continued growth in consumer spending and the strong momentum in mall leasing, complementing Mreit’s established base of high-occupancy office assets.

‘Our goal is to diversify our portfolio and expand our revenue base. So while the country is experiencing an impressive growth in consumer activities, we want to tap into these opportunities. This will enable us to deliver both growth and diversification, keeping our portfolio resilient and relevant for the years ahead,’ Kevin Andrew L. Tan, Mreit chairman, said.

Megaworld continues to hold a substantial portfolio of income-generating assets, including around 1 million square meters of office GLA and 500,000 square meters of retail GLA that may still be infused into Mreit over time. This deep pipeline provides flexibility and underscores the long-term growth runway as Mreit accelerates toward its one-million square meter target.

Across the country, foot traffic and sales in Megaworld’s shopping malls have already surpassed pre-pandemic levels, with strong leasing activities from both global and homegrown brands.

Mall occupancy has also reached a record 93 percent as of end-June 2025. This favorable environment underpins Mreit’s strategy to bring in more retail assets in the future, ensuring that its portfolio captures both the growth of business process outsourcing and the resurgence of Philippine consumer spending.

Mreit’s current portfolio spans across Megaworld’s key townships, particularly in Eastwood City, McKinley Hill, McKinley West, Iloilo Business Park, and Davao Park District, with occupancy consistently among the highest in the industry.

The company remains focused on expanding its portfolio through accretive acquisitions while maintaining strong dividend payouts to investors.

Last August, Megaworld reported that its net income in the first half expanded by 23 percent to P12.08 billion from the previous year’s P9.81 billion.

Revenues went up by 10 percent to P43.08 billion from the previous year’s P39.09 billion.

For the second quarter alone, its income grew 30 percent to P6.25 billion from the previous year’s P4.79 billion, while revenues grew at a slower pace at 9 percent to P22.15 billion from the previous P20.22 billion.

The majority owners of Coal Asia Holdings Inc. has signed a share purchase agreement with Pure Energy Holdings Corp. to sell as much as 71.68 percent of the company.

In its disclosure, Coal Asia’s majority stockholders Dexter Y. Tiu, Eric Peter Y. Roxas, Gertim G. Chuahiong, Alexander Y. Tiu, and John L. Capinpin have agreed to sell their ownership to Pure Energy, Pure Water Corp. and Quadwater Corp.

The deal involved some 28.67 billion common shares of Coal Asia. The total transaction value is P220.91 million.

Under the agreement, Pure Energy acquired 4.99 billion common shares, representing 12.48 percent of the company’s issued and outstanding capital stock. Pure Water and Quad each acquired 11.84 billion shares, representing 29.6 percent.

‘The selling shareholders currently expect to finalize this transaction before year-end 2025, subject to the satisfaction of various pre-completion conditions, including, but not limited to, the fulfillment of any mandatory tender offer requirement by the buyers to the shareholders of COAL,’ the company said.

Pure Energy is a holding company, and its first tier subsidiary, Pure Water, together with Quad Water, has an equity participation in Tubig Pilipinas Group Inc.

Pure Water is a unit of Pure Energy, while Quad is not affiliated with either of the two companies.

Pure Energy and Pure Water and Coal Asia have interlocking directors, such as Tiu, Roxas and Chuahiong.

Coal Asia’s shares closed at P0.026 apiece on Monday.

Coal Asia was incorporated on June 11, 2012, primarily to be the holding company of Titan Mining and Energy Corp., a company engaged in the operations of coal mining and energy-related business.

Titan Mining owns coal operating contracts (COC) in Davao Oriental and Zamboanga Sibugay. In 2016, preliminary mine development activities commenced at the Davao Oriental project, although Titan Mining is still awaiting the conversion of the COC from exploration to development and production.

It submitted a five-year work program with a feasibility study for the Zamboanga Sibugay project to the Department of Energy (DOE) in August 2016.

Last January 22, the DOE terminated Titan Mining’s COC No. 166 for failing to submit complete requirements for conversion from exploration to development and production phase, requiring Titan Mining to vacate and restore the contract area.

The company received DOE approval to convert COC No. 159 to development and production phase, subject to obtaining either a certificate of precondition or certificate of non-overlap from the National Commission on Indigenous People.

IN a bid to lure in more investors in the upstream petroleum industry, the Department of Energy (DOE) will extend ‘special allowance’ to operators of marginal petroleum blocks, new and frontier areas.

Department Circular no. 2025-3-17, signed by DOE Secretary Sharon Garin on September 23, provides special allowances that allow for maximum benefits to the country and, at the same time, provide reasonable returns to private companies that render financial and technical services and assume all the risk of petroleum exploration. This will make the country’s service contract regime more attractive to investments and improve the state of the oil and gas exploration.

‘The current state of the oil and gas exploration in the country shows low-level investments due to the attendant high risk in petroleum operations,’ the DOE said.

‘There is a need to offer improved fiscal terms to service contractors to complement the other government initiatives in attracting more exploration and production companies to spur exploration activities leading to the discovery of more oil and gas fields in the country.’

A special allowance on marginal petroleum operations shall be granted when the annual operating expenses exceed the cost recovery allowance of 70 percent. The DOE defined operating expenses as those related to produce petroleum but excluding development and exploration cost, and capital expenditures.

Meanwhile, the DOE defines ‘new plays’ as untested geological prospects in productive basins. Under this category, a special allowance of 5 percent of the gross proceeds will be granted only to the first commercial development.

The same allowance shall be granted in frontier areas, which the agency defines as ‘basins with no significant production activity.’

For gas development in remote areas with more than 200 kilometers (km) but not less than 400km from the identified delivery market, a special allowance of 2.5 percent shall be granted. This will increase to 5 percent for areas within the 400km but not less than 800km and 7.5 percent within 800km and above.

To encourage the production of indigenous gas in new plays, frontier, or remote areas, a special allowance of 30 percent of the gross proceeds shall be granted.

The DOE said it continues to adopt new mechanisms and strategies to carry out its plans and programs mandated under PD 87.

CHANGES introduced by lawmakers during budget deliberations are part of the regular budget process, and provide a check and balance mechanism to ensure prudent use of public funds, Senate President Vicente Sotto III asserted Monday.

In a speech at the start of the regular session, Sotto sought to ‘clarify some matters brought to the forefront by recent events,’ after Senate President Pro Tempore reported in a radio interview at the weekend that ‘almost all’ senators made insertions in the 2025 budget. The current budget has been widely deemed ‘the most corrupt’ budget in recent years owing to the diversion of precious resources into graft-ridden flood-control projects.

‘Amendments, insertions or whatever you want to call it, whether individual or institutional, done during the deliberations in the Senate, are part of the regular budget process. It is within the mandate of the Senators to amend and determine the government spending allocation. It serves as a crucial check-and-balance mechanism to ensure that public funds are spent in accordance with the law.

‘It is unfortunate that the issue on ghost projects and failed flood control projects affect and generalized all amendments as illegal or improper,’ Sotto declared.

Some of these amendments are for additional classrooms, farm to market roads and bridges that will benefit our people, especially those in the far flung provinces. Some of which were never funded and were tagged ‘for later release’ (FLR). These requests come from LGU’s, province, municipalities and even barangays that were not included by their respective Regional Councils due to numerous reasons. These basic services are as equally important and it is within the duty of the Senators, upon assessment, to include these amendments that will benefit the people.’

He then assured the public that, as ‘agreed in our caucus, rest assured that for the 2026 budget, the Senate will institute changes for greater transparency, people’s participation and accountability. That is the reason that we have included live streaming in all the steps of the budget process.’

Palace: No ‘suspicious insertions’

Suspicious insertions by lawmakers in the future national budget will not be tolerated under the Marcos administration, according Malacañang.

This after Senator Lacson exposed that there were P100-billion total insertions from almost all senators of the 19th Congress in the 2025 General Appropriations Act (GAA).

He said that while the said insertions were not entirely illegal, it was suspicious.

Palace Press Officer Claire Castro admitted that Marcos was not aware of the said insertions in the 2025 GAA, but she said it will no longer be allowed in future national budgets, especially after the President and the public have expressed outrage against any corrupt practices in government public works.

‘When the budget was implemented, he definitely did not know in detail what the insertions of the said senators were,’ she said in Filipino in a press briefing in Malacañang last Monday.

‘But now, because the President has really seen and really noticed what happened to the funds for flood control projects, it has also resulted in him knowing about those kinds of insertions,’ she added.

The President created the Independent Commission for Infrastructure, which was tasked to investigate sub-standard and non-existent flood control projects and then recommend to concerned government agencies the prosecution of the involved individuals or parties.

In his fourth State of the Nation Address (SONA), Marcos said he will veto the 2026 GAA if it contains any provisions, which are not aligned with the priority of his administration.