The House Committee on Dangerous Drugs is pursuing several amendments to Republic Act (RA) 9165 or the Comprehensive Dangerous Drugs Act of 2002 for the purpose of strengthening the provisions of the law. Illegal drugs (Stock photo) During a panel hearing on Wednesday, Nov. 9, the committee chaired...
Benchmark yields for short-term loans went up after the Bangko Sentral ng Pilipinas (BSP) delivered another large interest rate hike last week. At Monday's auction of Treasury bills on Aug. 22, the bellwether 91-day Treasury bill rate, which banks use in pricing their loans, rose to 2.070 percent...
House Committee on Appropriations senior vice chairperson and Marikina City 2nd district Rep. Stella Quimbo has given reporters an idea of what went down during the lawmakers' first Legislative-Executive Development Advisory Council (LEDAC)- Technical Working Group (TWG) meeting last week. Marikina...
There will be fewer vetoed bills by Malacañang in the 19th Congress, Majority Leader and Zamboanga City 2nd district Rep. Mannix Dalipe confidently declared. Clockwise: Senate President Migz Zubiri, Speaker Martin Romualdez, President Ferdinand "Bongbong" Marcos Jr. (Speaker's office) The...
Yields on short-term government borrowings increased as investors expect the Bangko Sentral ng Pilipinas (BSP) to raise key policy rates this week. At an auction of Treasury bills on Monday, Aug. 15, the bellwether 91-day rate, which banks use in pricing their loans, inched up to 1.874 percent from...
Interest rates for long-term Philippine debt papers declined despite weaker economic growth performance in the second quarter. At a Bureau of the Treasury auction on Tuesday, Aug. 9, yield on the reissued 10-year bonds with a remaining life of six years and five months fetched at 5.791 percent,...
Yields on short-term government borrowings were mixed as investors watch for clues concerning future Bangko Sentral ng Pilipinas and US Federal Reserve’s decisions. At an auction of Treasury bills on Monday, Aug. 8, the bellwether 91-day rate, which banks use in pricing their loans, dropped to...
The House of Representatives is set to deliberate on 2,877 measures filed by various lawmakers during the plenary sessions held from July 25 to 27 and Aug. 1 to 3, the office of House Speaker Martin Romualdez reported on Sunday, Aug. 7. House of Representatives (FILE PHOTO/MANILA BULLETIN)...
Philippine benchmark interest rates for six-month and one-year loans rose, while the yield for three-month papers dropped. On Monday, Aug. 1, auction of bellwether 91-day Treasury bill rate, which banks use in pricing their loans, dropped to 2.090 percent from 2.273 percent previously. The Bureau...
A big part of a congressman's work is to respond to the specific concerns of the people in his or her particular district or sector. Ilocos Norte 1st district Rep. Sandro Marcos (Facebook) Presidential son and Ilocos Norte 1st district Rep. Sandro Marcos is very much aware of this dynamic; in fact,...
Deputy Speaker and Davao City 3rd district Rep. Isidro Ungab appears undaunted even as President Ferdinand "Bongbong" Marcos Jr. laid out a legislative agenda composed of nearly 20 bills. (PPAB) Ungab, in a chance interview with House of Representatives reporters Tuesday afternoon, July 26, said...
The Department of National Defense (DND) and the Armed Forces of the Philippines (AFP) expressed support to the proposed legislations of President Ferdinand “Bongbong” Marcos Jr. which would affect the security sector. President Ferdinand 'Bongbong' Marcos Jr. (Photo courtesy of Bongbong Marcos...
