Yields on shorter-dated government IOUs mostly edged higher for the ninth consecutive week, driven by expectations of rising inflation and a strong US dollar. The Bureau of the Treasury successfully raised P15 billion from its latest Tresury-bill auction that attracted P57.0 billion in...
More than half of the country’s local government unit (LGU) population has already been digitally connected, with the Department of Information and Communications Technology (DICT) owing the digital advancement to the continued collaboration among government agencies. In a statement over the...
The Asian Development Bank (ADB) is pushing to equip local government units (LGUs) in the Philippines with the know-how to roll out more public-private partnership (PPP) projects. "The success of PPP projects largely depends on the capability of implementers. The PPP Center alone will not be able...
The Marcos administration borrowed more from local and foreign sources in the first 10 months of the year to bridge the government's budget deficit. Data from the Bureau of the Treasury showed that the national government's gross financing rose by 23 percent from January to October 2024 to P2.429...
Jose Arnulfo Veloso, president and general manager of the Government Service Insurance System (GSIS), was elected chairperson of the ASEAN Social Security Association (ASSA), tasked with leading efforts to bolster social security systems across Southeast Asia. "We gather at a pivotal moment when...
The United States has offered members of the Association of Southeast Asian Nations (ASEAN) its help to bolster their domain awareness to address cases of illegal intrusions and coercion. According to the US Defense Department, securing domain awareness is a foundational aspect of supporting its...
DILG Secretary Jonvic Remulla (left), Camarines Sur 2nd district Rep. LRay Villafuerte (Facebook) Camarines Sur 2nd district Rep. LRay Villafuerte has hailed newly-confirmed Department of the Interior and Local Government (DILG) Secretary Jonvic...
Like in his previous foreign trip, President Marcos has once again designated three Cabinet officials as the government's caretaker while he is in the United Arab Emirates (UAE). President Ferdinand R. Marcos Jr. and First Lady LIza Araneta-Marcos (File Photo) Marcos has assigned anew an executive...
ACT-CIS Party-list Rep. Erwin Tulfo is seeking the enactment of a measure that would provide rank and file government employees a 10 percent discount on medicines--a big boon given current high cost of basic goods. The measure is titled, “An act granting rank and file government employees...
Vice President Sara Duterte (Facebook) The House Committee on Good Government and Public Accountability remains “hopeful” that Vice President Sara Duterte will attend the hearing on Wednesday, Nov. 20, despite an earlier statement from the...
President Marcos has appointed new ambassadors and government officials in various agencies. President Ferdinand 'Bongbong' Marcos Jr. (Photo courtesy of Malacañang) In a document released by the Presidential Communications Office (PCO) on Saturday, Nov. 16, Marcos named new envoys to three...
Former president Rodrigo Duterte (left), Vice President Sara Duterte (Facebook) Former president Rodrigo Duterte has seemingly advised his own daughter, Vice President Sara Duterte to face House investigation on her alleged misuse of millions...