EMBARGOED UNTIL MONDAY, OCT. 2, 12:00AM The government's target for the retail dollar bonds (RDB) is expected to be exceeded, as the Bureau of the Treasury reported a strong demand for investment instruments. During the Chat with SBED briefing last Friday, Sept. 29, Officer-in-Charge Treasurer...
EMBARGOED UNTIL MONDAY, OCT. 2 12:00AM The Department of Finance (DOF) said the Marcos administration will review the enforcement of rice price ceilings this week, taking into account the start of the harvest season to determine if the price controls should be lifted. Finance Secretary Benjamin E....
President Marcos is set to receive a list of names on Monday, from which he will handpick six individuals to join the board of the Maharlika Investment Corp. (MIC). A total of 29 candidates have successfully met the qualifications for various positions at the MIC, including the roles of president...
President Marcos has reappointed Teodoro Herbosa as interim Secretary of the Department of Health (DOH). Malacañang made the announcement on Friday, Secpt. 29, three days after Herbosa's appointment was bypassed by the Commission on Appointments (CA). Herbosa failed to get the powerful...
The Department of Budget and Management will remain supportive of the State Universities and Colleges (SUCs) for their contribution in the competitive education sector of the country. In a statement on Friday, Sept. 29, Budget Secretary Amenah F. Pangandaman said that SUCs promote quality and...
While many have been eyeing his position and sparking countless rumors since he assumed office, Executive Secretary Lucas Bersamin said he will stay with President Marcos for as long as his services are needed. Executive Secertary Lucas Bersamin takes his oath before President Ferdinand 'Bongbong'...
President Marcos may be "on the way" to choose a new Agriculture secretary, Executive Secretary Lucas Bersamin bared. Executive Secretary Lucas Bersamin is seated beside President Ferdinand Marcos Jr. during the 9th Cabinet meeting in Malacañan Palace. (Office of the President) Bersamin revealed...
President Marcos' top economic manager stated that the ongoing sale of dollar-denominated retail Treasury bonds is a major step towards achieving financial inclusion for Filipinos. Finance Secretary Benjamin E. Diokno said the second sale of retail dollar bonds (RDB) contributes to fostering...
The Department of Budget and Management (DBM) has ruled out the possibility of a reenacted budget for next year following the House of Representatives' swift approval of the 2024 general appropriations bill (GAB). In a statement on Thursday, Sept. 28, Budget Secretary Amenah F. Pangandaman lauded...
The Advisory Body for the Maharlika Investment Corp. (MIC) has received a considerable number of applications for the six vacant positions on the board of directors of the sovereign wealth fund. The Advisory Body, which consists of the Department of Budget and Management (DBM), National Economic...
The Department of Budget and Management (DBM) signed a Special Allotment Release Order (SARO) of P705 million to cover safety measures in bike transportation. The budget, given to the Department of Transportation (DOTr), would help implement the Active Transport Bike Share System and Safe Pathways...
The Department of Social Welfare and Development (DSWD) has confirmed that the Marcos administration plans to provide a cash subsidy of P15,000 to farmers that may be severely affected by El Niño. DSWD Secretary Rex Gatchalian said the agency is in talks with the Department of Agriculture (DA) for...
