BACOLOD CITY – Mayor Albee Benitez said the rehabilitation of the public plaza and the government center grounds here will start this month. BENITEZ (Glazyl Masculino) Benitez said the Tourism Infrastructure and Enterprise Zone Authority finished the bidding process last December. “They’ve...
The Hooked on Books (HOB) Library and its affiliated reading program were officially launched and opened at Pinagbuhatan Elementary School in Pasig City on Monday, Feb. 3, aiming to nurture the imagination and abilities of the youth toward a brighter future through reading. Pasig City Mayor Vico...
The Department of Trade and Industry (DTI) is taking a proactive measure in response to United States (US) President Donald Trump’s proposed universal tariffs that could potentially threaten the country’s export sector. In a statement, DTI Secretary Cristina Roque noted that the US is a major...
State-run Government Service Insurance System (GSIS) launched a loan buyout program today, allowing government workers to consolidate their debts at interest rates as low as six percent. In a statement on Monday, Feb. 3, Wick Veloso, GSIS president and general manager, said the new program aims to...
Amid criticisms against the enacted budget of 2025, President Marcos urged public officials, who graduated from the Development Academy of the Philippines (DAP), to help his administration ensure that the budget given to the offices they belong to is spent wisely. President Ferdinand 'Bongbong'...
DAVAO CITY – The National Commission on Indigenous Peoples has urged the public to be vigilant against a bogus group claiming to be the legitimate representative of indigenous peoples groups in the Caraga region. The NCIP issued the statement after a group called the Federal...
Senator Raffy Tulfo asked the Philippine National Police (PNP) to expand their visibility and place an outpost in the Marikina-Rizal-Laguna-Quezon (Marilaque) Highway which is reportedly being used as a "race track". Sen. Raffy Tulfo examines the root causes of accidents involving land transport,...
State-run Government Service Insurance System (GSIS) reported that it had generated P15.8 billion ($272 million) from the sale of its stake in AirTrunk, a leading data center operator in the Asia-Pacific region. Wick Veloso, GSIS president and general manager, said this divestment, facilitated...
The Government Service Insurance System (GSIS) and the Philippine Government Employees Association (PGEA) will soon roll out a joint Speakers’ Bureau to enhance member education of their GSIS benefits and serve as a platform to address GSIS members’ concerns, while actively fighting ‘fake...
The Monetary Board (MB) allowed the Marcos administration to borrow as much as $3.21 (about P186.98 billion) from foreign lenders for the last three months of 2024. For the last quarter of 2024, the $3.21 approved amount accounted for six public sector medium- to long-term foreign borrowings. ...
The Government Service Insurance System (GSIS) has overhauled its loan penalty computation method, shifting to a simpler, more borrower-friendly system to provide financial relief to its members. In a statement, Wick Veloso, GSIS president and general manager, said the state pension fund aims to...
The Philippines has successfully raised $2.25 billion and €1 billion in a triple-tranche bond sale, demonstrating continued investor confidence in the country's economic prospects. The sale, totaling $2.29 billion, included 10-year and 25-year bonds denominated in US dollars, and a...