Domestic investors snapped up the government’s short-term debt papers this week, allowing the Marcos administration to raise an additional ₱25 billion at lower borrowing costs, as investors locked in yields ahead of further rate cuts. During the latest Treasury bills (T-bills) auction on Sept....
Nearly half a trillion pesos in total payments were slashed during the first seven months of 2025, with domestic lenders receiving nearly ₱600 billion less in principal payments compared to what they had received from the Marcos administration in 2024. Data from the Bureau of the Treasury (BTr)...
Local Government Units (LGUs) continue to allocate significant portions of their local health budgets for devolved health programs and services, but they need clearer guidance, technical support, and stronger intergovernmental coordination from relevant national government agencies to ensure the...
Just past midyear, the national government’s outstanding debt hit a fresh high of ₱17.56 trillion, surpassing the economic managers’ projected year-end level of ₱17.36 trillion. The latest data from the Bureau of the Treasury (BTr) released on Wednesday night, Sept. 3, showed that the...
Department of Public Works and Highways (DPWH) Secretary Vince Dizon on Wednesday, Sept. 3, requested the Department of Justice (DOJ) to place more than 20 DPWH officials and contractors on the immigration lookout list for their alleged involvement in anomalous “ghost” flood control projects....
The Marcos administration’s gross borrowings declined slightly to ₱1.757 trillion in the first seven months of the year, driven by a drop in domestic loans despite a more than 50 percent increase in foreign debt. Data from the Bureau of the Treasury (BTr) showed that the government’s debt as...
The Navotas City government has teamed up with the Department of Environment and Natural Resources–Environmental Management Bureau (DENR-EMB) and Therma Mobile, Inc. (TMO), a subsidiary of Aboitiz Power, to rehabilitate a portion of the Navotas River. Mayor John Rey Tiangco, DENR-EMB NCR...
San Mateo, Rizal Mayor Bartolome "Omie" Rivera Jr. slammed the directive of the Metropolitan Manila Development Authority (MMDA) diverting the collected solid wastes of the city of Manila to its New San Mateo Sanitary Landfill (NSMSLF) following the permanent closure of the Navotas Sanitary...
Japan-based debt watcher R&I’s fresh affirmation of the Philippines’ high investment-grade ‘A-’ credit rating has allowed the Marcos administration to raise a cumulative ₱35 billion through bond sales at lower borrowing costs. During the auction of three-year and 25-year Treasury bonds...
A successful compromise agreement—a process initiated during the previous administration—added ₱714 million to national coffers last May, coming from the current owner of a Monet painting that had been sold overseas and formed part of the ill-gotten wealth of the late strongman Ferdinand E....
Taking a major step toward transparent governance in Philippine education, the Department of Education (DepEd) on Saturday, August 23, introduced a tool designed to make school data more accessible and actionable for parents, teachers, local governments, and other stakeholders. In a statement,...
The Department of Education (DepEd) has amended its guidelines for the P7,000 medical allowance, giving teachers the flexibility to choose how they receive the benefit — a move welcomed by a teachers’ group. The Teachers’ Dignity Coalition (TDC), in a statement issued Saturday, August 23,...
