President Marcos has ordered the Department of Social Welfare and Development (DSWD) to ensure that the peso value of government assistance will not diminish. President Ferdinand 'Bongbong' Marcos Jr. (Photo courtesy of PPA/ KJ Rosales) Marcos made the directive during a sectoral meeting in...
The Government Service Insurance System (GSIS) plans to secure new investment opportunities as part of its efforts to diversify and enhance long-term profitability. Wick Veloso, GSIS president and general manager said the fund has intensified its focus on alternative investments, including private...
The government sold some short-term loans to Filipino investors, even though interest rates were up and there were fewer takers. During the auction on Monday, Feb. 19, the Bureau of the Treasury raised P14.5 billion through the sale of Treasury bills (T-bills), below the P15 billion program. ...
The Marcos administration's efforts toward fiscal consolidation may proceed at a slower pace, as economic managers are considering revising down their growth forecasts for the medium term, the Department of Budget and Management (DBM) said. Budget Secretary Amenah F. Pangandaman said the...
Two of President Marcos’ economic managers are pushing for the integration of healthcare coverage as a part of the compensation package for all government employees. Budget Secretary Amenah F. Pangandaman and Finance Secretary Ralph G. Recto both said that the government is now considering...
Senator Francis Tolentino commended various local government units (LGUs) for their exemplary implementation of nutrition policies and programs in their respective constituencies, which earned them recognition from the National Nutrition Council (NNC) as "nutrition champions". During where...
Filipino investors seeking to invest their savings with the government can expect a guaranteed return that surpasses the 2023 average inflation rate, data from the Bureau of the Treasury showed. During an auction on Tuesday, Feb. 13, the five-year retail treasury bond (RTB) secured a coupon rate of...
The Cybercrime Investigation and Coordinating Center (CICC) confirmed on Tuesday, Feb. 13, that it is collaborating with the Japanese government to thoroughly investigate the recent bomb threats sent to several Philippine government agencies and local government units (LGUs). Photo from CICC After...
The Taguig City government provided new ambulances to two EMBO (enlisted men’s barrio) barangays. On Feb. 11, Taguig, led by Mayor Lani Cayetano, announced that it turned over brand new ambulances to Barangays Comembo and Rizal after it said the Makati City government took back the vehicles...
With an expanding portfolio of insured properties from government agencies, the Government Service Insurance System (GSIS) has emerged as the largest non-life insurer in the country. Wick Veloso, GSIS president and general manager, said the pension fund's gross premiums written (GPW) for its...
Sen. Francis Tolentino sent to the Hague Academy of Local Governance in the Netherlands for a five-day study mission on local governance and innovation for local economic development Local Government Unit (LGU) officials to help them stay abreast with the innovations and strategies implemented by...
President Marcos has released P265 million to the areas affected by the recent floods in Mindanao caused by the flooding and landslides triggered by the shear line and trough or extension of a low-pressure area (LPA) in the Davao Region. DAVAO FLOODING — President Ferdinand 'Bongbong' Marcos...
