Government spending related to the May 12 midterm elections—frontloaded expenditures prior to the polls as well as the resumption of delayed projects due to the election ban—would likely spill over into the second quarter and support first-half economic growth, economists said. "While the...
The Marcos administration’s total debt payments declined by 65.3 percent in the first quarter of 2025, as it settled significantly smaller amounts of principal payments to domestic lenders, offsetting the relatively negligible increase in interest payments. Data from the Bureau of the Treasury...
Borrowing rates for short-dated T-bills rose across the board on Monday, May 5, but it didn 't stop the Bureau of the Treasury (BTr) from raising the ₱25 billion it sought to borrow. In a statement, the BTr said it awarded ₱8 billion in the benchmark 91-day treasury bills at 5.573...
Senator Imee Marcos has called on the Office of the Ombudsman to investigate several top government officials over their alleged roles in the arrest and detention of former President Rodrigo Roa Duterte. Senator Imee Marcos In a press conference on Tuesday, April 29, Marcos said there are possible...
Department of Trade and Industry (DTI) Secretary Cristina Roque is set to fly to the United States (US) next week, as Philippine trade and economic officials would meet with the Trump administration to address the imposition of the currently paused tariffs. Roque told reporters on Friday, April 25,...
Flag carrier Philippine Airlines (PAL) is seeking approval from the United States (US) government to extend its flight operations between Manila and Seattle, as Asia’s oldest airline moves to strengthen its presence in the North American market. In its application letter before the US Department...
The Bureau of the Treasury (BTr) borrowed ₱25 billion through short-dated T-bills on Monday, April 21, with a mixed auction in which shorter tenors commanded higher rates from local creditors. The BTr awarded to government securities eligible dealers (GSEDs) ₱8 billion each in the benchmark 91-...
The Muntinlupa City government will launch its Lakbay Alalay 2025 to help travelers and devotees during the Holy Week while the local governments of Malabon and Quezon City rolled out their safety measures to ensure the safe observance of the Holy Week. Muntinlupa’s Lakbay Alalay aims to provide...
Malacañang has declared a half-day work arrangement for government offices on Holy Wednesday, April 16, to give government employees more time to observe the Holy Week. Memorandum Circular No. 81, signed by Executive Secretary Lucas Bersamin on Monday, April 14, states that government employees...
Senator Sherwin Gatchalian is batting for the full and effective implementation of the Parent Effective Service Program (PES) Act, also known as Republic Act (RA) No. 11908, to help curb bullying in schools. Senator Sherwin Gatchalian Gatchalian made this call during a public hearing on recent...
How does Senator Francis Tolentino craft legislation that ensures the effective delivery of services to the people? Senate Majority Leader Francis Tolentino The answer is simple: experience. Tolentino says he draws from his learnings during his stints as Tagaytay City mayor and Metro Manila...
In July 2024, President Marcos signed into law the New Government Procurement Act (NGPA) to enhance the efficiency and responsiveness of the Philippine bureaucracy. As part of its mandate to facilitate the ease of doing business in the country, the Anti-Red Tape Authority (ARTA) has identified the...
