The benchmark interest rate on debt falling due in almost 10-years declined at an auction of the government IOUs at the Bureau of the Treasury on Tuesday, Aug. 16. The interest rate of the 10-year IOUs, with a remaining life of nine-years and 10 months, fetched 5.813 percent, lower than the...
Yields on short-term government borrowings increased as investors expect the Bangko Sentral ng Pilipinas (BSP) to raise key policy rates this week. At an auction of Treasury bills on Monday, Aug. 15, the bellwether 91-day rate, which banks use in pricing their loans, inched up to 1.874 percent from...
Senator Lito Lapid wants government advisories, public announcements, and other forms of information to be disseminated in what he described as “plain language". Senator Lito Lapid (Senate PRIB) Thus, the Senator filed Senate Bill (SB) 273 or the “Plain Language in Government Documents Act"....
Debt payments down 41% in H1 Debt payments by the national government went down by 41 percent in the first semester of the year due to lower amortization, data from the Bureau of the Treasury showed. The national government's debt servicing reached P458.35 billion in January to June this year,...
BACOLOD CITY – A casual employee of the city government of Cadiz in Negros Occidental was arrested in a buy-bust operation in Barangay Tinampa-an Saturday, August 13. SUSPECTED shabu valued at P12,240 was seized by the police from a casual government employee of Cadiz City, Negros Occidental...
The Government Service Insurance System (GSIS) has opened its first full-time service desk in Romblon for the benefit of over 9,000 members and pensioners in the province. Government Service Insurance System (GSIS) logo / Facebook This was made possible through a memorandum of agreement signed by...
The Government Service Insurance System (GSIS), in partnership with the Department of Education (DepEd), will "adopt" 25 schools nationwide for its Adopt-A-School Program (ASP) 2022. Government Service Insurance System (GSIS) logo / Facebook This program, said GSIS, is a part of the agency's...
After a two-year interval due to Covid-19 pandemic, the first batch of Japan Overseas Cooperation Volunteers (JOCV) to be dispatched in the new normal is now ready to work in their respective organizations and communities in the Philippines. Japan International Cooperation Agency (JICA), the...
Coronavirus vaccines have been prepared for distribution at a vaccination site in Manila on May 18, 2021. (Ali Vicoy/Manila Bulletin) The Department of Health (DOH) said that the expired Covid-19 vaccines, including those purchased by the private sector and local government units (LGUs), will be...
Interest rates for long-term Philippine debt papers declined despite weaker economic growth performance in the second quarter. At a Bureau of the Treasury auction on Tuesday, Aug. 9, yield on the reissued 10-year bonds with a remaining life of six years and five months fetched at 5.791 percent,...
CEBU CITY – The Cebu provincial government is pushing through with its plan to build a government center in Balamban. And for Cebu Gov. Gwendolyn Garcia, the project must start as soon as possible. The national government has allocated P200 million for the construction of the government center...
Senator Grace Poe has pushed anew for the congressional passage of her bill that seeks to improve the way government attends to ordinary citizens by implementing an efficient, digital-based delivery of services that would do away with long lines or prolonged waiting time. "Even at home or at work,...
