Investors pressed for an increase in Philippine benchmark interest rate for a long-term loan. This was manifested at the Treasury's bond auction on Tuesday, Dec. 7 where government rejected bids for the 10-year notes as investors sought higher returns for buying those securities. Total tenders...
The Pasay City government and SM Supermalls entered into an agreement for the establishment of Business One Stop Shop (BOSS) in the city on Monday, Dec. 6. Mayor Emi Calixto-Rubiano and SM Supermalls president Steven Tan signed a Memorandum of Agreement (MOA) for the use of the General Services...
The Department of Health (DOH) on Monday, Dec. 6 encouraged the public to remain positive despite the restrictions and limitations brought about by the coronavirus disease (COVID-19) pandemic. Ligtas Christmas sa Healthy Pilipinas. (DOH / MANILA BULLETIN) The statement was made as the agency led...
The Government Service Insurance System (GSIS) has launched a loan program to aid members and their families purchase computer units for their remote work or online classes. Under the GSIS Computer Loan, members may borrow P30,000 to purchase a desktop or laptop computer. In a Laging Handa...
The Pasay City government, in coordination with the Department of Foreign Affairs (DFA), rolled out its Passport on Wheels beginning Saturday (Dec. 4) until Dec. 8. Mayor Emi Calixto-Rubiano said the project is open to all Pasay City residents who wish to apply for or renew their passport. Rubiano...
Various local governance experts cited different problems that are prevalent and some that may arise from two policies that will come into effect in 2022 which will likely prevent a complete devolution or transfer of powers to the local governments. (FILE PHOTO) Starting in 2022, the Supreme...
The Department of Finance (DOF) has directed the Government Service Insurance System (GSIS) and the Land Bank of the Philippines to assist the Philippine Crop Insurance Corp. (PCIC) in managing the risks and enhancement of its investment portfolio. Finance Secretary Carlos G. Dominguez III said the...
Senatorial aspirant and human rights lawyer Chel Diokno on Monday, Dec. 6, reckoned that the continued rise in the Philippines’ outstanding debt stock is a cause for concern. Human rights lawyer Chel Diokno Diokno noted that the government debt of almost P12 trillion is 10 times higher than the...
The Government Insurance System (GSIS) will release the 2021 Christmas Cash Gift amounting to a total of P3.2 billion to its old-age and disability pensioners starting Dec. 6. (NOEL PABALAE / MANILA BULLETIN) "Amid the challenges we're facing due to the pandemic, we still wish to provide a happy...
State-run Government Service Insurance System (GSIS) said that its pensioners will start receiving their Christmas cash gifts by early next week. In a statement, Rolando Ledesma Macasaet, GSIS president and general manager, said the pension fund has allotted P3.2 billion for the 2021 Christmas...
Muntinlupa emerged as one of the 10 top performing cities in local revenue generation in the country in 2020. The Bureau of Local Government Finance under the Department of Finance issued the list of the national top performing provinces, cities and municipalities in local revenue generation for...
The Government Service Insurance System (GSIS) unveiled on Tuesday, Nov. 30, its new branding campaign dubbed "Ginhawa for All." GSIS In a statement released Wednesday, Dec. 1, GSIS President and Manager Rolando Ledesma Macasaet said the rebranding program aims to make its products and services...