The Philippines urged governments and multilateral development banks (MDBs) work closely in addressing the transitional adjustments that might have to be undertaken to ensure the seamless implementation of climate-related projects on the ground. Finance Undersecretary Mark Dennis Joven said that...
Banks pressed for an increase in Philippine benchmark interest rates for short-term loans as the government mulls borrowing from small investors before the end of the year through the sale of retail Treasury bonds (RTB). At Monday's auction of Treasury bills on Nov. 8, the bellwether 91-day T-bill...
The Financial Executives Institute of the Philippines (FINEX) has lauded the government’s decision that lowered Metro Manila’s quarantine status to a more relaxed alert level. In a statement, Francisco Ed Lim, FINEX president said the National Capital Region’s (NCR) shift to Alert Level 2...
The Legal Front (Part I) Justice Arturo D. Brion Corruption is a corrosive act of malice that erodes relationships and ruptures the trust between the government and their governed. It is a catalyst as it hastens the decay of trust and, unless halted in time, spreads its malignancy in...
WALA LANG Founded in 1892 by Andres Bonifacio, the Katipunan was betrayed by Teodoro Patiño and fighting began with the Cry of Pugad Lawin (a.k.a. Balintawak) in August 1896. The brutal Gov. Gen. Camilo Polavieja (called “Butcher”) fought back with reinforcements from Spain, arrests and...
The national government reduced the amount of subsidy to government owned and controlled corporations (GOCCs) amid the widening budget deficit, based on data from the Bureau of the Treasury. Financial support extended to state-owned corporations amounted to P145.87 billion from January to September...
Finance Secretary Carlos G. Dominguez III said the support extended by multilateral institutions to the clean energy transition projects of developing economies is crucial to encourage the flow of private sector capital into these initiatives. Dominguez said the meticulous planning and vetting done...
Cherry Ann Mejia Iloilo routed its rivals to share the lead with Team Paralympics in the third conference of the Professional Chess Association of the Philippines (PCAP) online tournament over the weekend. The Kisela Knights first trounced the Camarines Soaring Eagle, 15-6, then hammered down the...
A farmers group hit the proposal of the Inter-Agency Task Force for the Management of Emerging Infectious Diseases (IATF-EID) and Department of Health (DOH) to make vaccination mandatory for specific sectors and urged to make economic aid mandatory instead. (ALI VICOY / MANILA BULLETIN) In a...
The Book Development Association of the Philippines (BDAP) condemned the banning of subversive books and literature in libraries. In September, Kalinga State University, Isabela State University, and Aklan State University pulled out books authored by or related to the National Democratic Front of...
THE VIEW FROM RIZAL Dr. Jun Ynares “Nothing but promises – that’s all we hear from candidates in a campaign season.” That is the gist of one of the most common remarks we have been hearing from people from all walks of life since the Commission on Elections accepted Certificates of...
Word Alive FR. BEL SAN LUIS, SVD One night, a stormy rain stranded a couple on a remote country road. Unable to go any farther, they got out of their car and walked toward a dimly lit farmhouse. When they reached the house, an elderly couple, carrying a kerosene lamp, met them at the door....