Benchmark interest rates resumed their slide as the local debt market remains very liquid despite concerns on inflation, the Bureau of the Treasury said. At Monday's auction, Sept. 27, the 91-day Treasury bill rate, which banks use in pricing their loans, went down to 1.060 percent from 1.070...
The Senate on Monday, Sept. 27 approved on third and final reading five local bills that seek to declare five “ecologically vital areas” as protected sites under the National Integrated Protected Areas Systems (NIPAS). Approved were House Bill No. (HBN) 9329 or the Banao Protected Landscape Act...
The Senate on Monday approved on third and final reading the measure seeking to set the term of the chief of staff and other senior military officers holding key positions in the Armed Forces of the Philippines (AFP) to three years. Senate Bill No. 2376 or the “Act Strengthening Professionalism...
Partial operability of a segment of the Philippine National Railway's (PNR) Bicol project is being eyed to begin by April next year, Department of Transportation (DOTr) Secretary Arthur P. Tugade announced on Monday, Sept. 27. Transportation Secretary Arthur Tugade inspects the Lucena Station in...
Fifty-four local officials from different provinces and 17 lawyers took their oath as new members of Aksyon Demokratiko party on Monday, Sept. 27. Manila Mayor Francisco “Isko Moreno” Domagoso leads the oath taking ceremony of new members of Aksyon Demokratiko at the Hidden Garden located in...
Iloilo Representative Janette Garin on Monday, Sept. 27 questioned the P1-billion worth of funds proposed by the Department of Agriculture (DA) supposedly for the government’s solar panel irrigation system (SPIS) project, saying she finds the program “untimely” and “impractical” at this...
The Philippine Statistics Authority (PSA) and the Department of Social Welfare and Development (DSWD) have signed an agreement that will facilitate the identification and verification of beneficiaries for the different social welfare programs. Last Sept. 17, the PSA and DSWD sealed a memorandum of...
The value of all ongoing foreign-assisted projects of the government increased by almost half last year after President Duterte augmented the country’s coronavirus response, the National Economic and Development Authority (NEDA) reported. In a statement, Socioeconomic Planning Secretary Karl...
The Catholic Church marks the 26th National Seafarers Sunday on Sept. 26 in honor of the sacrifices and hard work of Filipino seafarers. Bishop Ruperto Santos (Manila Bulletin photo) The national celebrations will be held in Cebu to coincide with the 30th year of the Apostleship of the Seas -Stella...
The Senate will be adopting the House of Representatives' version of the bill that would extend the period of voters registration for the 2022 elections for 30 more days. Senate Majority Leader Juan Miguel 'Migz' Zubiri (Albert Calvelo/Senate PRIB) Senate Majority Leader Juan Miguel Zubiri...
Comelec/MB The Commission on Elections (Comelec) has called on the public to avoid violence and keep the conduct of the 2022 general elections peaceful. The poll body made the statement after President Duterte warned that he will not hesitate to tap the military to ensure violence-free elections....
The long-term economic cost of the coronavirus and the pandemic-induced lockdowns would be over three-times greater than the multi-trillion peso debt obligations of the government, the National Economic and Development Authority (NEDA) estimated. Socioeconomic Planning Secretary Karl Kendrick T....
