BACOLOD CITY – Some government offices and classes have been suspended here and in Negros Occidental on Monday, April 11, due to ill-effects of tropical depression ‘Agaton’ which battered central Philippines. Personnel of the City Disaster Risk Reduction and Management Office (CDRRMO) in...
Short-term benchmark interest rates dipped as global oil prices eased. At the Bureau of the Treasury’s auction on Monday, April 11, the yield on three-month papers, which banks use in pricing their loans, dropped to 1.250 percent from the 1.380 percent fetched during the previous week. The...
Updating the country’s property valuation system is the correct way to impose a so-called “wealth tax” that local government units (LGUs) can impose on affluent individuals, the Department of Finance (DOF) said. Finance Secretary Carlos G. Dominguez III said on Monday, April 11, that LGUs can...
The Department of Foreign Affairs (DFA), in coordination with the Pasay City local government, conducted "Passport on Wheels" on Monday (April 11) at the Cuneta Astrodome. Mayor Emi Calixto-Rubiano said the mobile passport renewal/application program is open to all residents who wish to apply or...
TACLOBAN CITY -- Local Government Units in Eastern Visayas have suspended government works and classes at all levels for Monday due to heavy rains and massive flooding brought by Tropical Storm 'Agaton'. Southern Leyte Governor Damian Mercado issued an executive order suspending classes at all...
The Government Service Insurance System (GSIS) headquarters in Pasay City has secured the safety seal certification for compliance with the Covid-19 minimum health protocols. In a statement, Rolando Ledesma Macasaet, GSIS president and general manager, said the pension fund was awarded the safety...
After more than a month of partial award, the Bureau of the Treasury has finally made a full award of its short-term borrowing program as interest rates eased across the board. At Monday's auction, April 4, yields on short-term government debt papers declined, with the returns on the 91-day...
Senatorial candidate and Sorsogon Governor Francis “Chiz” Escudero said he would pursue the establishment of a shelter for the elderly and abandoned members of the lesbian, gay, bisexual and transgender (LGBT) community in every local government unit (LGU) across the country should he win a...
Malacañang has assailed the International Coalition for Human Rights in the Philippines (ICHRP) after it called for global Magnitsky sanctions on the so-called "Dirty Dozen" of rights violators in the country including President Duterte. The International Coalition for Human Rights in the...
Government debt continued to snowball in February, driven mainly by both domestic and offshore borrowings as well as foreign exchange fluctuations. The Bureau of the Treasury reported Thursday, March 31, that the outstanding debt of the national government stood at P12.093 trillion as of February,...
The national government’s budget deficit narrowed in February this year owing to lower public spending. Data from the Bureau of the Treasury showed that the government incurred a P105.8 billion fiscal gap during the month, down by nine percent from P116 billion in February 2021. The slimmer...
Like insurgency, terrorism, and maritime disputes, the national government should address environmental challenges with the same intensity as solving security issues to ease its worsening impact on the lives of the Filipinos, a think tank has disclosed. (File photo) Stratbase ADR Institute...
