The national government borrowed lower than programmed after Philippine benchmark interest rates for short-term loans rose on looming aggressive tightening. At Monday's auction of Treasury bills on July 11, the government sold only P13.16 billion worth of short-term IOUs, below the P15 billion...
Representatives of the Social Amelioration and Genuine Intervention on Poverty (SAGIP) Party-list introduced what they called “10 Power Bills” in the 19th Congress to alleviate poverty by addressing the country’s energy crisis. SAGIP Party-list Reps. Rodante Marcoleta (left) and Caroline...
Rookie Senator Robin Padilla said Friday, July 8 that he would put his heart and time on the 20 bills he has so far filed in the 24-member Senate. ‘’Federalism is among our priority measures, addressing the needs of our brothers in Mindanao, as well as our senior citizens, and fellow workers in...
The Senate will prioritize the passage of economic measures to help revive the economy in the upcoming 19th Congress that will start on July 25. After a long discussion with some of his colleagues, incoming Senate President Juan Miguel Zubiri said the Upper House’s initial plans are to act, among...
Neophyte congressman, Rep. Sandro Marcos of Ilocos Norte's 1st district has hit the ground running in the House of Representatives. Ilocos Norte 1st district Rep. Sandro Marcos (left) and his father, President Bongbong Marcos (Facebook) Rep. Marcos, the eldest son of President Ferdinand "Bongbong"...
Senator Joel Villanueva today July 4 filed the first 20 of his priority bills for the 19th Congress to continue his advocacy and fulfill his campaign promises of job creation and security. “For our second term, our job in the Senate is still jobs. We are pushing for job opportunities and job...
Only a few days after taking his oath as representative of the first district of Quezon City, actor Arjo Atayde already filed his first bills. On Instagram, the son of Sylvia Sanchez proudly shared the news. "Filed my first 6 bills in Congress and attended an alignment meeting with the mother of...
Sets of bills and resolutions of senators are expected to be filed starting Monday for the coming 19th Congress that begins July 25. Based on guidelines, the first one to file will be the most senior or the one with the longest tenure the Upper Chamber. The honor goes to Senator Loren Legarda who...
Former Commission on Elections (Comelec) Commissioner Rowena Guanzon is raring to get job done in her new role as a party-list congresswoman. Photo from Rowena Guanzon's Twitter) This, as the incoming P3PWD Party-list representative is planning to file not one, not two, but at least 10 priority...
Philippine benchmark interest rates for short-term loans rose amid expectations of higher inflation. At Monday's auction of Treasury bills on June 13, the bellwether 91-day T-bill rate, which banks use in pricing their loans, increased to 1.572 percent from 1.440 percent previously. The Bureau of...
Outgoing House Majority Leader and Leyte 1st district Rep. Martin Romualdez said the just-concluded 18th Congress managed to "outwork" the Covid-19 pandemic, and brought the numbers to prove it. (File photo/ MANILA BULLETIN) During the three-year run of the 18th Congress from July 22, 2019 to June...
Investors swarmed short-term government debt papers offer on Monday, June 6, as the Bureau of the Treasury partially awarded the one-year IOU at a higher interest rate. The yield on the 91-day Treasury bill, which banks use in pricing their loans, declined to 1.440 percent from 1.460 percent a week...
