The national government has borrowed less in the first three months of the year as sources of state revenue start to normalize on the back of easing quarantine restrictions, data from the Bureau of the Treasury showed. The Treasury reported over the weekend that the Duterte administration’s total...
Craving for authentic Thai cuisine? Look no further than Nara Thai Bringing the flavors of Thailand to the Philippines is the goal of Roku Group Inc. when it brought Nara Thai restaurant into the country four years ago. With its dishes remaining faithful to how they are made in Bangkok and its...
Senator Christopher “Bong” Go on Thursday lauded President Rodrigo Duterte for signing into law 11 bills seeking to establish and improve Department of Health (DOH)-run hospitals. Go, who chairs the Senate Committee on Health and Demography, said these new laws would inevitably help improve the...
The Ukrainian government has expressed its appreciation for the Philippine government for its stand on the Ukraine-Russia conflict as it also called on the Filipino community to fight disinformation justifying the ongoing war. Non-resident Ukrainian ambassador to the Philippines Olexander...
Government debt load in March soared by more than half a trillion pesos in the month of March alone on the back of borrowing spree from domestic and foreign lenders, data from the Bureau of the Treasury revealed. The gargantuan borrowing in March brought the national government debt stock to...
Aspiring president Senator Manny Pacquiao has vowed to shame corrupt government officials if he gets elected. Pacquiao said he will do it publicly, particularly to those who will be found guilty of graft and corruption. "Abangan niyo nalang kung anong paraan ko para ipapahiya sila. Sisiguraduhin ko...
The benchmark interest rate on debt falling due in three years rose at an auction of government IOUs at the Bureau of the Treasury. Investors were willing to buy as much as P41.492 billion of the three-year Treasury bonds, more than the government's offer of P35 billion. The rate of the IOUs rose...
Lingering uncertainties over aggressive tightening in the US and domestically pushed up most of the interest rates for short-term Philippine debt papers. At the Bureau of the Treasury’s auction on Monday, May 2, the yield for the 91-year Treasury bill, which banks use to price their loans, went...
Efficient, accurate, and reliable. In the league of air superiority, drones have once again exemplified its prowess not in the battlefield, but in the field of transportation through delivering life-saving interventions like vaccines and medicines, cutting travel time by more than half. Other than...
Presidential candidate Senator Panfilo "Ping" Lacson said he is upbeat that prosperous municipalities can now easily apply for cityhood with the new law that eases requirements converting municipalities to component cities. Lacson said Republic Act 11683, which lapsed into law on April 10, 2022, is...
The national government's budget deficit declined in the first three-months of the year after revenues grew by double-digits, outpacing the increase in public spending, the Bureau of the Treasury reported. On Wednesday, April 27, the Treasury bureau showed that the government incurred a P316.8...
IMUS CITY, Cavite – The local government unit inaugurated the new Imus City Government Center in Barangay Malagasang 1-G on Monday, April 25. The ceremony was led by Mayor Emmanuel Maliksi, Vice Mayor Arnel Cantimbuhan, Commissioner Ryan Alvin Acosta of the Civil Service Commission, and...
