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Congress has been reminded that the national budget is not a wish list, a political buffet, or an ATM where lawmakers can increase the withdrawal limit simply because the money looks lonely.

The Authority of the Freeport Area of Bataan (AFAB) is moving to tighten oversight of private port facilities following a Supreme Court ruling affirming its exclusive regulatory authority within the freeport and its expansion areas, as rising vessel traffic adds urgency to the implementation of a unified framework.

DoubleDragon Corp.’s Hotel101 Global Holdings Corp. is taking its Filipino hotel brand to Africa, signing a countrywide development agreement in Egypt anchored by a planned 750-room property in Cairo worth an estimated USD102.1 million.

The Supreme Court has declared unconstitutional key provisions of the 2024, 2025 and 2026 national budgets, ruling that congressional increases beyond the President’s recommended appropriations violated constitutional limits and weakened safeguards over public spending.