Chino S. Leyco

He covers the Department of Finance, the Department of Budget Management and the National Economic and Development Authority.

Economic slowdown set to continue as consumer demand softens further

The slowing economy is expected to persist for the remainder of the year, with consumers facing the challenge of rising prices for essential goods and services, coupled with a slowdown in the growth of remittances from overseas Filipinos.

GSIS extends debt relief to 1,143 housing loan borrowers

The Government Service Insurance System (GSIS) has rolled out a debt relief program to aid borrowers currently facing payment challenges in its housing loan program. 

 

Government raises $2 billion through first global debt sale in 2024

The Marcos administration completed its first overseas bond sale for the year to help bridge the budget deficit and support initiatives for protecting natural resources, the Department of Finance (DOF) said.

 

BOC thwarts attempt to smuggle P56-million drugs from Thailand

The Bureau of Customs (BOC) seized shabu valued at P56.4 million concealed in a balikbayan box that arrived at the Manila International Container Port (MICP) from Thailand.

DBM backs workers' pay hike; salary adjustment study due soon

Budget Secretary Amenah F. Pangandaman announced that the government is nearing completion of a comprehensive study on potential salary adjustments for government workers, with plans to finalize it by the first half of the year.