Senate Majority Leader Francis Tolentino said on Thursday, Sept. 5, that the proposed Archipelagic Sea Lanes Law would strengthen the Philippines' territorial integrity and national security. (Photo from the Office of Senate Majority Leader Francis Tolentino) He mentioned this after it was approved...
The Senate is seeking the simultaneous signing of the Philippine Maritime Zones Bill and the Archipelagic Sea Lanes Bill. Senate President Francis “Chiz” Escudero said senators have agreed to work for the concurrent passage of these measures so that President Ferdinand Marcos Jr. can...
The establishment of a “decarbonization fund” will be mandated for large-scale enterprises that will exceed their carbon emissions target, as proposed in a “Low Carbon Economy” bill that recently secured approval from the House Committee on Climate Change. The propounded “low carbon...
Senate Deputy Minority Leader Risa Hontiveros on Tuesday, August 20 appealed to critics of the bill on dissolution of marriage to give the measure a chance and “not just for the individuals trapped in harmful marriages, but for the future of our nation.” Hontiveros made the call as she...
Short-term benchmark rates moved sideways at the Bureau of the Treasury’s auction on Monday, Aug. 19, following the central bank’s reduction of policy rates by 25 basis points. The national government raised P22.6 billion through the sale of Treasury bills (T-bills), exceeding the initial offer...
FA-50 light fighter jets of the Philippine Air Force fly with a B-52H bomber aircraft of the United States Pacific Air Force for its first ever combined air patrol over the West Philippine Sea on February 19, 2024. (Photo by PAF) As China takes its aggression in the contested features in the West...
The measure seeking to fully digitalize government transactions has advanced further in the Senate following the formal filing of the committee report consolidating all bills on e-governance. Sen. Alan Peter Cayetano, chairman of the Senate Committee on Science and Technology, introduced...
Voting 22-0, the Senate passed on third and final reading on Tuesday, Aug. 13, the Archipelagic Sea Lanes Bill (Senate Bill No. 2665), a landmark measure that aims to strengthen the country's territorial integrity and national security. Senate Majority Leader Francis Tolentino (Photo from the...
The Commission on Human Rights (CHR) expressed full support to Senate Bill (SB) No. 2658, the proposed Free Menstrual Products Act, that would provide menstrual products for indigent women and those in the primary and secondary public schools. SB 2658, which was filed by Sen. Juan Edgardo "Sonny"...
The government successfully raised funds through the sale of short-term debt papers on higher interest rates following a faster inflation rate in July and higher-than-expected gross domestic product (GDP) in the second quarter. At an auction on Aug. 12, the national government raised P20 billion as...
Yields on short-term debts rose again following the damages caused by Typhoon Carina, which could lead to an inflation uptick. During an auction on Monday, July 29, the Bureau of the Treasury raised the full-programmed P20 billion. The total bids received during the auction amounted to P36 billion...
The government successfully sold its targeted amount of Treasury bills on Monday due to strong demand from market players anticipating possible central bank policy cuts by August. According to the Bureau of the Treasury, the programmed P20 billion was fully awarded as demands totaled P47.372...
