As the public awaits the announcement as to who would the next press secretary be, Malacañang confirmed that Land Transportation Franchising and Regulatory Board (LTFRB) Chairperson Cheloy Velicaria-Garafil is now the officer-in-charge (OIC) of the Office of the Press Secretary (OPS). Office of...
The Marcos administration completed its debut in the overseas debt markets that raised $2 billion in new borrowings, describing it as a vote of confidence by foreign investors in the new government, the Department of Finance (DOF) said. The Bureau of the Treasury on Thursday, Oct. 6, concluded the...
The National Government (NG) has returned to the overseas debt markets for budgetary support, marking President Marcos' foray into foreign commercial borrowing, data from the Bureau of the Treasury showed. Based on a Treasury document seen by reporters on Wednesday, Oct. 5, the Marcos...
The Bureau of the Treasury made another partial award of its long-term debt papers due to higher returns. At Tuesday’s auction on Oct. 4, the reissued Treasury bonds, with a remaining life of two years and six months, fetched an average interest rate of 5.746 percent, higher than the 5.551...
The Department of Finance (DOF) vowed to modernize the government’s main tax agencies following the swift approval of its proposed budget for next year. In a statement, Finance Secretary Benjamin E. Diokno said on Monday, Oct. 3, that the DOF is planning to spend P30.57 billion in 2023, higher by...
The national government failed to borrow through the sale of short-term notes from the domestic market after investors sought for higher returns. At Monday's auction of Treasury bills on Oct. 3, the bureau did not award bellwether the 91-day IOUs, which banks use in pricing their loans, after...
Lyceum's Mac Guadana (NCAA/GMA) After a dismal 2-7 record last season, LPU has left no doubt it's a better team in NCAA 98, where the Pirates boast of a 5-1 standing. Along with their strong start to the season - which include wins over last season's Final Four teams in Letran, Mapua, San Beda, and...
(UAAP Media) By NIKOLE JAVIER Defending champion University of the Philippines survived a late scare from De La Salle, 72-69, to kick off its men’s basketball title retention bid in the UAAP Season 85 Saturday, Oct. 1, at the Mall of Asia Arena in Pasay City. Evan Nelle drained a much-needed...
Erik Matti's "On The Job" is nominated for the TV Movie/Mini-Series category at the 50th International Emmy Awards. Erik couldn't be happier, making known how he feels about it in an Instagram post. He wrote: "Tons of entries make their way to the Emmy’s each year. Great stories and well-made...
Government debt breached the P13 trillion-level in August. The Bureau of the Treasury reported on Friday, Sept. 30, that the total outstanding debt of the national government stood at P13.021 trillion as of August, an increase of 12 percent or P1.379 trillion from P11.642 trillion a year ago. Of...
The national government’s budget deficit significantly narrowed in August this year due to robust collections of its two main tax agencies, data from the Bureau of the Treasury showed. The Marcos administration incurred a P72 billion fiscal gap during the month, down 40 percent from P120.9...
The Bureau of the Treasury maintained its domestic borrowing program at P200 billion for next month. Based on the Treasury advisory Wednesday, Sept. 28, the October financing plan of the Marcos administration was unchanged from the program for September. The bureau indicated that it will sell P60...
