State-run pension fund Government Service Insurance System (GSIS) has launched a new loan facility to help members reduce daily transportation costs by financing bicycles and electric mobility devices. In a statement on Monday, May 4, GSIS said it rolled out the Ginhawa Bike and E-Mobility Loan...
The Quezon City government has announced an adjusted traffic management scheme along Katipunan Kaliwa Street (Lokaria Street), from Mindanao Avenue to King Alexander Street, in connection with the ongoing construction of the NLEX–C5 Northlink Segment 8.2 Section 1A. A stop-and-go scheme for...
President Marcos has assured local officials that their budget will increase if they run the programs funded by the national government well. In his remarks during the turnover of financial assistance to barangays in Eastern Visayas on Thursday, April 30, Marcos told local officials the national...
The controlling faction of the Lopez family is calling for a formal government inquiry into “poison pill” provisions at First Gen Corp., alleging the measures protect the tenure of President and Chief Executive Officer Federico R. Lopez, at the expense of state pension funds and international...
Malacañang said some barangays in Batangas that did not receive assistance under the “Bawat Bayan Makikinabang” program failed to comply with documentary requirements, stressing that no area is being excluded from government aid. Presidential Communications Office (PCO) Undersecretary Claire...
The Quezon City government clinched four honors at the 20th Gandingan Awards held at the University of the Philippines Los Baños on Saturday, April 25. Mayor Joy Belmonte was hailed as "Gandingan ng Kalikasan" for her environmental programs and policy initiatives in Quezon City. The city’s...
The Office of the Vice President (OVP) on Thursday, April 23, confirmed changes to Vice President Sara Duterte’s travel plans after she raised concerns over the late issuance of a travel authority, prompting adjustments to her official schedule. In an announcement addressed to the “Office of...
The Philippines is poised to capture a multibillion-peso windfall following the historic decision by JPMorgan Chase & Co. to include the country’s sovereign debt in its flagship emerging-market bond index. The Philippine government estimated that the inclusion would spark approximately ₱240...
Amid the protracted energy crisis, public demand for solar financing applications surged to ₱5.7 billion, accounting for more than two-fifths of the total budget that the Government Service Insurance System (GSIS) has set aside for this financing segment. As of April 21, the state pension fund...
The national government fully awarded its offer of seven-year Treasury bonds on Tuesday, April 21, though appetite for the debt cooled as investors braced for the potential interest rate hike by the central bank. The Bureau of the Treasury raised the programmed ₱20 billion from the auction of the...
Vice President Sara Duterte is once again facing intensified scrutiny after the Commission on Audit (COA) upheld the disallowance of P73.28 million in confidential funds, with Malacañang reiterating its firm stance on accountability and transparency. The Presidential Communications Office (PCO),...
The Navotas City government has extended relief assistance to around 3,000 families in Obando, Bulacan affected by smoke from the Navotas Sanitary Landfill Facility (NSFL) fire. Navotas Mayor John Rey Tiangco said the city government provided 3,000 sacks of rice for families in four barangays in...
