Investors continued to press for an increase in Philippine benchmark interest rates for short-term loans. At Monday’s auction, March 28, the yield on the 91-day Treasury bill, which banks use in pricing their loans, rose to 1.587 percent from 1.536 percent a week ago. The government accepted P5...
The Duterte administration will sell fresh debt papers to overseas investors, including the government’s maiden green bond issue, a document from the Bureau of the Treasurer revealed. Based on a Treasury document obtained by reporters on Monday, March 21, the government is planing to raise funds...
(Photo from Pixabay) The Department of Education (DepEd) expressed concerns on the health of at least two million students in basic education if the Vaporized Nicotine Products Regulation Act or “vape bill” will be passed into law. DepEd, in a statement issued on Thursday, March 17, said that...
The Department of Education (DepEd) on Thursday, March 17, appealed to President Duterte to veto the vape bill which is considered “anti-health” by medical experts. DepEd / MANILA BULLETIN DepEd, in a statement, said that it is one with the Department of Health (DOH) and medical organizations...
The Bureau of the Treasury failed anew to secure borrowings from the domestic market for a second consecutive week as banks continued to demand higher interest rates amid Russia’s escalating war in Ukraine. On Monday's auction, March 7, the national government rejected all bids for the...
Senator Pia Cayetano on Saturday, March 5 called out the proponents of the vape bill for supposedly claiming that the measure is beneficial to the youth, calling the claim “a blatant lie.” Cayetano argued that if the proponents said that the bill solidifies the provisions of Republic Act (RA)...
Presidential candidate and former senator Ferdinand "Bongbong" Marcos Jr. on Thursday said there is a need for the government to revisit the pandemic preparedness bill previously filed by his former running mate and late Senator Miriam Defensor-Santiago. Marcos Jr. cited the importance of...
A measure that seeks to give additional benefits to social workers amid the coronavirus disease (COVID-19) pandemic has been filed in the House of Representatives. (Photo from Alfred Vargas's Facebook) House Bill (HB) No. 10810, filed by Quezon City 5th district Rep. Alfred Vargas, recognizes...
Vice President Leni Robredo on Wednesday, Feb. 16, reaffirmed her support for Boracay residents who opposed the creation of the Boracay Island Development Authority (BIDA), which will make the island a government-owned and controlled corporation (GOCC) with powers to lease and sell the real...
House Deputy Minority Leader and Bayan Muna party-list Rep. Carlos Isagani Zarate slammed the oil industry’s continuous price hikes. Rep. Zarate (Photo from congress.gov.ph/ MANILA BULLETIN0 As of Tuesday, Feb. 15, another oil price hike took effect, increasing the price per liter by P1.20 for...
On its 40th anniversary, Operation Smile announces 10-year commitment to transforming one million lives globally Global nonprofit Operation Smile has announced a 10-year commitment to increasing access to care for one million patients who need cleft care and other essential surgeries....
Short-term rates move sideways Short-term benchmark interest rates moved sideways amid excess liquidity in the financial market. At a Bureau of the Treasury auction on Monday, Feb. 7, the bellwether 91-day Treasury bill rate, which banks use in pricing their loans, inched up to 0.710 percent from...
