The national government has successfully borrowed funds through short-term loans amid relatively stable interest rates. On Monday, Sept. 11, the Bureau of the Treasury executed its auction by fully awarding P15 billion worth of Treasury bills, with demand for three-, six-, and 12-month IOUs totaled...
The government sold all its short-term debt papers after interest rates dropped. On Monday, Sept. 4, the Bureau of the Treasury held a successful auction for Treasury bills (T-bills), raising P15 billion as planned. The total bids reached P47.56 billion, an oversubscription of nearly two times the...
Senator Sherwin Gatchalian on Friday, August 11, commended the Energy Regulatory Commission’s (ERC) decision to suspend the National Grid Corporation of the Philippines (NGCP) inclusion of a three percent (3%) franchise tax in its transmission costs billed to distribution utilities. Sen....
The Marcos Administration will roll out next month the Lifeline Rate program, which aims to benefit qualified low-income households to help them pay their electricity bills, the Presidential Communications Office (PCO) said. Meralco The Lifeline Rate is a subsidized rate given to...
President Ferdinand “Bongbong” Marcos Jr. on Monday, July 24, urged Congress to act on his administration’s legislative agenda, which include reforms in military and uniformed personnel pension, the Blue Economy law, and new taxes for single-use plastics and digital services, among others....
Socioeconomic Planning Secretary Arsenio Balisacan has assured Filipinos of the Marcos administration's strengthened socioeconomic platform that aims to get the Philippine economy back to a high-growth trajectory. *PRIORITY BILLS — President Marcos convenes the Legislative-Executive Development...
Twenty legislative measures were approved to be passed before the year ends. This was decided during the second Legislative-Executive Development Advisory Council (LEDAC) meeting presided by President Ferdinand "Bongbong" Marcos Jr. on Wednesday, July 5. President Ferdinand 'Bongbong' Marcos Jr....
Senator Manuel “Lito” Lapid has called for the passage of a bill seeking to further provide discounts to senior citizens, by giving them the five percent discount on water and electricity bills. Lapid, in filing Senate Bill No. 2169, also proposed that senior citizens be exempted from the 12...
ACT-CIS Party-list nominee Erwin Tulfo (Ellson Quismorio/ MANILA BULLETIN) ACT-CIS Party-list nominee Erwin Tulfo is raring to go to work, with some 120 draft bills ready to be filed. Tulfo himself shared this to reporters during a chance interview Wednesday, May 31 when he occupied his office in...
As the country seeks to strengthen its connectivity with global partners in a post-pandemic world, President Ferdinand "Bongbong" Marcos Jr. cited the urgency of enacting a National Land Use Policy for the country, a priority legislative agenda of his administration. *President Ferdinand...
The House plenary. (Ellson Quismorio/ MANILA BULLETIN) The House of Representatives will be looking to pass on third and final reading not eight, but 14 more priority measures of President Ferdinand "Bongbong" Marcos Jr. once it resumes sessions on Monday, May 8. This, after House Speaker Martin...
Benchmark yields for short-term loans rose anew forcing the Bureau of the Treasury to partially borrow. At Monday's auction of Treasury bills on April 17, the national government raised a total of P9.175 billion, below the P15 billion program. Demand across then board reached P19.825 billion...
