The Technical Education and Skills Development Authority (TESDA) is set to receive 700 million pesos for scholarship funds by the Aquino administration.   TESDA helps Filipinos acquire vocational skills and technical training and provides certificate programs for their scholars.  This education is a valuable asset that helps encourage both foreign and domestic employment of Filipinos. [...]

The value of the Philippine Peso is currently at 44.9 pesos per US dollar.   The recent shrinkage in value against the dollar has caused debt stocks to rise according to the National Treasurer. MANILA, Philippines (Xinhua) – The government borrowed on net basis P4.5 trillion ($100.2 billion) worth of funds from foreign and domestic [...]

President Aquino recently inspected two dirty waterways outside of Malacanang near the presidential palace.  These ‘creeks’, like many waterways in the Manila metro area, were reported to be “filthy.”  One vision I’ve had for the Philippine Aid Society is to devise some program to help clean and maintain the cleanliness of such waterways.   This [...]

The Philippine government has decided to cancel $178 million dollars in rice subsidies to the National Food Administration (NFA) following the discovery of stock-piles of decaying rice.   Rice is, of course, one of the main staples of the Philippine diet.  A new plan calls for shifting rice subsidies to other agencies to benefit the [...]

Currently, the Philippine public education consists of ten years. A new proposal is poised to extend that time by two years to help prepare students for successful vocations. “Essentially, this is basic education and this is for free,” Lacierda said, adding the idea behind the proposal is for high school graduates to have better opportunities [...]

Our fiscal year runs from April 1st to March 31st. In the first quarter of this fiscal year, we had a program expense ratio of 97%. That means that 97 cents out of every dollar went to program services: feeding the poor, education, etc. Only 3% was used for administrative and fundraising expenses. Being a [...]