Twenty legislative measures were approved to be passed before the year ends. This was decided during the second Legislative-Executive Development Advisory Council (LEDAC) meeting presided by President Ferdinand "Bongbong" Marcos Jr. on Wednesday, July 5. President Ferdinand 'Bongbong' Marcos Jr....
Senator Manuel “Lito” Lapid has called for the passage of a bill seeking to further provide discounts to senior citizens, by giving them the five percent discount on water and electricity bills. Lapid, in filing Senate Bill No. 2169, also proposed that senior citizens be exempted from the 12...
ACT-CIS Party-list nominee Erwin Tulfo (Ellson Quismorio/ MANILA BULLETIN) ACT-CIS Party-list nominee Erwin Tulfo is raring to go to work, with some 120 draft bills ready to be filed. Tulfo himself shared this to reporters during a chance interview Wednesday, May 31 when he occupied his office in...
As the country seeks to strengthen its connectivity with global partners in a post-pandemic world, President Ferdinand "Bongbong" Marcos Jr. cited the urgency of enacting a National Land Use Policy for the country, a priority legislative agenda of his administration. *President Ferdinand...
The House plenary. (Ellson Quismorio/ MANILA BULLETIN) The House of Representatives will be looking to pass on third and final reading not eight, but 14 more priority measures of President Ferdinand "Bongbong" Marcos Jr. once it resumes sessions on Monday, May 8. This, after House Speaker Martin...
Benchmark yields for short-term loans rose anew forcing the Bureau of the Treasury to partially borrow. At Monday's auction of Treasury bills on April 17, the national government raised a total of P9.175 billion, below the P15 billion program. Demand across then board reached P19.825 billion...
Benchmark yields for short-term loans rose, forcing the Bureau of the Treasury to borrow less than programmed. At Monday's auction of Treasury bills on Mach. 20, the national government raised P10.636 billion, below the P15 billion plan for the week. The 91-day Treasury bill rate...
UNDER THE MICROSCOPE Retirement issues are once again in the news. A House bill proposes lowering the optional retirement age to 56. Another bill seeks to scrap the mandatory retirement age, which now stands at 65 years of age. This topic stirs up personal feelings for me, having been mandatorily...
Benchmark yields for short-term loans jumped after the central bank raised its policy rates last week, forcing the Bureau of the Treasury to partially borrow on Monday, Feb. 20. At an auction of Treasury bills, the national government raised a total of P13.05 billion, below the P15 billion program....
A group of Camarines Sur solons are batting for the imposition of a "carbon tax" on the use of electricity (CTE) as a way to raise extra funds for climate action initiatives. (Kelly Sikkema/ Unsplash) One of them, Camarines Sur 2nd district Rep. LRay Villafuerte, said such landmark tax can help the...
Malacañang disclosed that 10 priority bills, including the controversial Maharlika Investment Fund Bill and Mandatory Reserve Officers Training Corps (ROTC), were adopted for passage by June 2 this year. Speaker Martin Romualdez, along with fellow legislators and members of the Cabinet, listens...
After President Ferdinand "Bongbong" Marcos Jr. stated that the Regional Comprehensive Economic Partnership (RCEP) is good for the country , Malacañang announced that the Legislative-Executive Development Advisory Council (LEDAC) is committed to push for its ratification. (Photo courtesy of the...