Local government units (LGU) along Samar Bay have released a manifesto against House Bill 7853, which will give commercial fishing vessels more access to municipal coastal waters. Photo by Edmundas Stundzius on Unsplash In the manifesto, the Alliance of Local Government Units Along Samar...
The Australian Government will invest P630 million over the next six years to support disaster and climate resilience efforts in the Philippines. This is part of its newly signed agreement with the United Nations Development Programme (UNDP), which involves the initiative that will strengthen the...
Former action star Royette Padilla has died. He was 58. This was confirmed by her sister Rebecca Padilla on her Facebook account: “Please whisper a prayer for our brother Royette Padilla. A silent prayer for his eternal peace, please.” Reports showed that Royette died of a heart attack on...
The Duterte administration’s borrowings increased by over ninefold in October due to Bangko Sentral ng Pilipinas’ (BSP) cash advance to the national government, data from the Bureau of the Treasury showed. Gross borrowings of the national government in October this year increased by 1,244...
Typhoon Ulysses’ damage to the agriculture sector is still rising more than a week since this year’s deadliest typhoon to hit the Philippines made landfall, and a group thinks it’s okay to blame it all on the government. Based on the latest data from the Department of Agriculture's (DA)...
The Bangko Sentral ng Pilipinas’ (BSP) pandemic-related monetary financing must be something that the central bank will only consider as a last resort, an International Monetary Fund (IMF) official said. IMF Resident Representative to the Philippines Yongzheng Yang said this stressing that the...
Government borrowings skyrocketed last month as the coronavirus pandemic continued to strangle revenue sources, data from the Bureau of the Treasury showed. (Photographer:Julian Abram Wainwright/Bloomberg file) Gross borrowings of the Duterte...
The politics of Sadness Illustrations by Ariana Maralit And in the remote capital of our wildest imagination, one day, to our collective shock, the government ceased all operations, focused only on the one thing none of us ever imagined would deserve its full attention: Sadness. “What...
The Procurement Service of the Department of Budget and Management (PS-DBM) has called on local companies to participate in the government-wide purchase of medical supplies for the COVID-19 response. As part of government’s effort to help local enterprises during the pandemic, the PS-DBM said it...
The national government’s debt soared by nearly half-a-trillion pesos last month amid the Duterte administration’s aggressive borrowings to fund the country’s coronavirus response, data from the Bureau of the Treasury showed. The outstanding debt of the national government stood at...
State-run Government Service Insurance System (GSIS) has launched a loan facility that offers low interest, enhanced loan consolidation feature, longer payment term and one-time waiver of surcharges. Rolando Ledesma Macasaet, GSIS president and general manager, said the new loan program gives...
State-run Government Service Insurance System (GSIS) announced the reopening of its COVID-19 Emergency Loan program to members and pensioners. In a statement, Rolando Ledesma Macasaet, GSIS president and general manager, said the COVID-19 Emergency Loan program is accepting applications beginning...
