The Pasay City Epidemiology and Surveillance Unit (CESU) reported that the city recorded 96.61 percent recoveries from COVID-19 with 86 barangays already COVID-free. The CESU reported to Mayor Emi Calixto-Rubiano that 82 new cases of COVID-19 on Sunday, Jan. 23, brought the city’s total confirmed...
Debt servicing by the Philippine government jumped 203 percent in November due to higher interest and principal payments, data from the Bureau of the Treasury revealed. The national government's debt payments hit P81.34 billion in November last year, that is 203 percent more than the P26.79 billion...
The Department of Education (DepEd) recognized various partners for helping the agency strengthen the function of its Bureau of Human Resource and Organizational Development (BHROD) in the continuous development of the workforce and related outcomes. DepEd / MANILA BULLETIN “For organizational...
The Pasay City Council passed and approved on Wednesday, Jan. 19, an ordinance extending the deadline for the payment of business taxes, fees, or charges imposed and collected by the city government until Feb. 11 without incurring any interest, surcharge, or any form of penalty. Mayor Emi...
If elected president, Ferdinand “Bongbong” Marcos Jr. said Wednesday, Jan. 19, he will not appoint anyone in a government position based on "utang na loob" or debt of gratitude), especially if he or she is not an expert in the field. Marcos Jr. said he might rather designate a political rival...
Lingering anticipation over unwinding monetary policies in the United States pushed up the interest rate for long-term Philippine debt papers. At a Bureau of the Treasury auction on Tuesday, Jan. 18, the coupon rate for new 10-year Treasury bond fetched 4.875 percent, up from an interest rate of...
Paranaque City Mayor Edwin Olivarez ordered the distribution of home care kits to COVID-19 patients and to those who are undergoing home quarantine in the city. According to Mar Jimenez, Public Information Office (PIO) chief, the home care kits contain a face mask, alcohol, disinfectant,...
An employee of the Taguig City government was arrested by the police in a buy-bust operation on Monday, Jan. 17. Southern Police District (SPD) director Brig. Gen. Jimili Macaraeg announced the seizure of P112,200 worth of suspected shabu (methamphetamine hydrochloride) in Taguig and Muntinlupa...
Senate Finance Committee chief Senator Sonny Angara on Tuesday gave assurance that the General Appropriations Act (GAA) 2022 contains the much-needed funding support for state-run hospitals and the strengthening of the country’s public healthcare system. Angara pointed out that the country’s...
Benchmark interest rates declined across the board at Monday's auction as inflation began showing signs of cooling down and investors await the policy tightening by the US Federal Reserve. The rate for the 91-day Treasury bill, which banks use in pricing their loans, dropped to 0.875 percent on...
The Philippines managed to cut new borrowings in November last year due to significantly lower financing from domestic creditors. Data from the Bureau of the Treasury showed that the national government’s gross borrowings reached P26.69 billion in November, down by 78 percent compared with...
The Government Service Insurance System (GSIS) is now granting an emergency loan to members and pensioners in six regions in the country affected by Typhoon "Odette." (JUAN CARLO DE VELA / MANILA BULLETIN) "I know our members and retirers need financial assistance, so we immediately opened an...
