The government rejected all bids for long-term debt papers as investors sought a higher yield. At the Bureau of the Treasury’s auction on Tuesday, Jan. 4, investors had sought a return of 4.814 percent for the reissued seven-year Treasury bonds, higher than the previous yield of 4.468 percent...
Short-term benchmark interest rates dipped as investors anticipated slower inflation following the implementation of fuel price rollbacks in December, the Bureau of the Treasury said on Monday, Jan. 3. The yield on three-month papers, which banks use in pricing their loans, eased to 1.075 percent...
Presidential aspirant Senator Panfilo “Ping” Lacson said he hopes that development projects being pushed by lawmakers would undergo at least proper planning and consultation with local authorities as well as implementing agencies starting next year and beyond. Lacson said the country cannot...
The national government’s debt declined last month due to repayments and favorable foreign exchange, the Bureau of the Treasury reported on Wednesday, Dec. 29. The total outstanding debt of the government slightly went down by P39.7 billion or 0.3 percent to P11.931 trillion in November from...
The Department of Budget and Management (DBM) has released additional funds to local government units (LGUs) and frontline agencies to aid their operations in addressing the damages caused by Typhoon Odette. In a statement, the DBM said it has disbursed P1.83 billion in funding, bringing the...
Collections of locally sourced revenues (LSRs) slightly dipped in the third-quarter, as provinces, cities, and municipalities continue to rely heavily on their respective internal revenue allotment (IRA) shares to fund operations and programs. In a report to Finance Secretary Carlos G. Dominguez...
Senator Sherwin Gatchalian on Tuesday called on the Department of Trade and Industry (DTI) to boost its information campaign on the availability of soft loans and financial grant programs to micro, small and medium enterprises (MSMEs) that were affected by Typhoon Odette. Gatchalian said doing so...
Will the government workers left out from Malacañang's yearend service recognition incentive (SRI) get their own gratuity pay? Cabinet Secretary Karlo Nograles (Malacañang photo) Cabinet Secretary and Acting Presidential Spokesperson Karlo Nograles did not close the door on this and instead...
President Duterte has instructed the Department of Environment and Natural Resources (DENR) and the Department of Agrarian Reform (DAR) to tap idle government lands in the effort to relocate Filipinos who were displaced by typhoon "Odette". RELOCATION PLAN--President Rodrigo Duterte (left) relays...
Pasay City Mayor Emi Calixto-Rubiano urged city residents to strictly observe basic health protocols after five active cases of COVID-19 were recorded in the city after Christmas. Rubiano said the city was down to one active case on Dec. 20 but four new cases were added after the Christmas...
The Duterte administration’s budget deficit registered only a marginal increase last November owing to improved revenue collections, data from the Bureau of the Treasury showed. The national government incurred a P128.7 billion fiscal gap last month, up by only 0.33 percent compared with P128.3...
The Civil Service Commission (CSC) said on Thursday, Dec. 23 that it has opened its 2022 2022 Search for Outstanding Government Workers. Civil Service Commission (CSC/MANILA BULLETIN FILE PHOTO) In a statement, CSC said that it aims to recognize deserving public servants who excel in their...
