Senate Minority Leader Franklin Drilon on Thursday criticized the government over the P1.44-trillion worth of infrastructure projects that the Commission on Audit (COA) had earlier flagged. COA has called out 17 government agencies over delayed, abandoned and idle infrastructure projects amounting...
The Pasay City government has recorded only one active case of the coronavirus disease (COVID-19) on Dec. 20. Mayor Emi Calixto-Rubiano said the single active case reported by the City Health Office (CHO) was the lowest recorded number for the year. Rubiano said the city has two active cases of...
Asian Development Bank (ADB) has extended P100-million grant, approximately $2 million, to bankroll the Philippine Competitive and Inclusive Agriculture Development Program (CIADP2) to be implemented by the Department of Agriculture (DA). The CIADP2 aims to reduce income inequality by expanding...
All 82 provinces should expect a minimum additional national government allocation of P1 billion each for their development and livelihood projects, Partido Reporma chairman and standard bearer Sen. Panfilo “Ping” Lacson and running mate Senate Vicente “Tito” Sotto vowed if they win in the...
Pasay City Mayor Emi Calixto-Rubiano told businesses and real property owners in the city to avail of the tax amnesty that the city government is offering up to Dec. 29. Rubiano said the City Council passed and approved an ordinance granting amnesty in surcharges, penalties and interest incurred...
The government rejected all bids for its long-term debt papers on Tuesday, Dec. 14, after investors sought higher yields. National Treasurer Rosalia V. De Leon said there is more room for yields to decline following deceleration in inflation last month and assurance from the central bank governor...
The short-term benchmark interest rates went sideways. At Monday's auction of Treasury bills on Dec. 13, the bellwether 91-day T-bill rate, which banks use in pricing their loans, dropped to 1.125 percent from 1.155 percent previously. The Bureau of the Treasury sold the P2 billion worth of...
As the country implements measures to prevent the entry of the Omicron variant, Communications Secretary Martin Andanar assured local government units (LGUs) of the administration's support in fighting the coronavirus disease (COVID-19). Presidential Communications Secretary Martin Andanar (PCOO)...
The World Bank has approved a fresh $600 million loan that aims to support the Philippines’ economic recovery from the coronavirus pandemic. In a statement, the Washington-based multilateral institution said it approved the financing for the government’s reform program to position the country...
The Quezon City Task Force on Solid Waste Management (QCTFWSM) on Wednesday, Dec. 8, warned its residents against fake solicitation letters asking for donations for a feeding program. The letter is said to be distributed by an anonymous member of the Garbage Collectors and Dispatchers Association....
Two poultry farms from the Philippines have been approved by the South Korean government to export chicken to the East Asian country. In formal communication, Maria Alilia Maghirang, the country’s Agriculture Attache in Seoul, informed Agriculture Secretary William Dar of the final approval of...
Presidential aspirant Vice President Leni Robredo on Tuesday, Dec. 7, appealed to economic leaders as she highlighted the importance of a “trustworthy, empowering, and agile” government and took pride in her work over the past five years. Vice President Leni Robredo delivers a message during...
