President Marcos has reminded government officials to always keep in mind that there are people still struggling in flooded areas due to typhoon Kristine, telling them to respond to them as quickly as possible. President Ferdinand Marcos Jr. presides over a situation briefing on the effects of...
State-owned Government Service Insurance System (GSIS) said it is closely monitoring typhoon-hit regions and will immediately offer loans to eligible members and pensioners once an area is declared under state of calamity. “GSIS is monitoring other areas in the Bicol Region, CALABARZON, MIMAROPA,...
Additional revenues generated by the national government from privatization of its idle assets jumped 472.5 percent to P3.12 billion as of end-September. The latest Bureau of the Treasury (BTr) data on Thursday, Oct. 24, showed privatization proceeds almost quintupled from P544.88 million in the...
The Department of Foreign Affairs (DFA) has yet to receive a formal extradition request from the United States for Apollo Quiboloy, the agency’s top diplomat said. Kingdom of Jesus Christ (KOJC) Pastor Apollo Quiboloy faces senators for the first time during the public hearing of the Senate...
The Philippines is the World Bank's fifth-biggest borrower for the second-straight year, coinciding with the first two years in office of President Ferdinand R. Marcos Jr. The World Bank's latest Annual Report disclosed on Oct. 18 showed that in fiscal year 2024 covering the period July 1, 2023 to...
By DERCO ROSAL Interest rates on short-term government debt continued to increase for three consecutive weeks due to falling oil prices, relatively strong investor demand, and anticipation of the reserve requirement ratio (RRR) cut taking effect on Oct. 25. At Monday’s auction, Oct 21, the Bureau...
A new transportation hub, set to rival the scale of the Parañaque Integrated Terminal Exchange (PITX), is in the works in Quezon City, the Government Service Insurance System (GSIS) announced. In a statement, the pension fund said on Monday, Oct. 21, that four government agencies have joined...
Former Department of Interior and Local Government (DILG) Secretary Benjamin “Benhur” Abalos Jr. (Abalos Team) Former Department of Interior and Local Government (DILG) Secretary Benjamin “Benhur” Abalos Jr. has stressed the...
State-owned Government Service Insurance System (GSIS) has allocated a near P3 billion in emergency loans to aid its members and pensioners in regions affected by recent calamities. In a statement, the pension fund for government workers said over P2.8 billion has been earmarked for...
Camarines Sur 2nd district Rep. LRay Villafuerte (Facebook) Camarines Sur 2nd district Rep. LRay Villafuerte said he fully supports the proposal to localize disaster risk management in a bid to achieve a more effective and flexible response to...
Former Department of Interior and Local Government (DILG) Secretary Benjamin “Benhur” Abalos Jr. (Dexter Barro II/MANILA BULLETIN) Former Department of Interior and Local Government (DILG) secretary Benjamin “Benhur” Abalos Jr. said...
By Derco Rosal Investor demand for the national government’s long-term debt dropped due to reduced chances of the US Federal interest rate cuts, strong job growth, weaker peso, rising inflation, and heightened geopolitical tensions. On Tuesday, Oct. 15, the Bureau of the Treasury (BTr)...