Moving forward By Ramon Rafael Bonilla The coronavirus spares no one, and the contagion that has kept us wondering and wishing for the end of this dark road has only gotten potent, no thanks to a new variant that is as savage but more infectious. As the world thirsts for the dose of invincibility,...
The local stock market ended slightly weaker even after the government announced that the economy shrank by a lower rate in the last quarter. The main index shed 11.77 points or 0.17 percent to close at 6,851.84 with only the Property and Holding Firms counters remaining in the green. Volume...
The administration has maintained its domestic borrowing program at P140 billion in February, but with longer tenors, data from the Bureau of the Treasury revealed. According to an online advisory, the Treasury indicated that the national government will sell P80...
With less than two-years left before the Duterte administration ends its term, the Department of Finance (DOF) urged lawmakers during the House constitutional amendments hearing that they should focus on pending measures that are “immediately doable.” Finance Secretary Carlos G. Dominguez III...
Restrictions on foreign ownership of land should stay, the Duterte administration’s chief economic manger said, but non-Filipino citizens should also be allowed to lease real-estate assets for a long-term period. During the hearing on the proposed Charter change before the House Committee on...
Shunning fanfare for charity, the Philippine Sports Commission, on January 24, 2020 —30 years after the Eighth Congress created and established Republic Act No. 6847 known as the PSC Act — celebrated three decades of existence by donating its anniversary budget to victims of the Taal Volcano...
Finance Secretary Carlos G. Dominguez III vowed that the national government will meet its targets in bringing genuine autonomy to the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM). During the presentation of the Intergovernmental Relations Body's (IGRB) first-year...
The Bangko Sentral ng Pilipinas (BSP) said it has fully awarded its 28-day bills offered at P100 billion. The BSP securities auction received P162.80 billion tenders on Friday, lower than January 15’s P167.25 billion bids. The BSP bills fetched a lower average rate this week of 1.6362 percent...
Photo from Fitstart Gym Tokyo Olympics bound boxer Irish Magno said there is nothing she can do except to continue training amid growing concerns over the possible cancellation of the Games due to the coronavirus pandemic. “Bilang atleta tuloy lang talaga sa training, hindi ko masyado iniisip...
The Department of Finance (DOF) said the Intergovernmental Relations Body (IGRB) of the national and Bangsamoro governments have resolved four mechanisms to ensure a successful and functional autonomous region in Muslim Mindanao. In a statement, Finance Secretary Carlos G. Dominguez III said...
The economic bounce-back will be anchored on the Philippines’ ability to reopen as safely as possible together with a slew of pump-priming measures buttressed by the government’s strong fiscal position, the Duterte administration’s chief economic manager said....
The Department of Finance (DOF) is working on fresh loans from multilateral financial institutions, bilateral partners and domestic creditors to fund the government’s coronavirus response programs. Finance Secretary Carlos G. Dominguez III said they are now working to borrow $1.46 billion,...
