The Philippine Embassy in Washington clarified that there is no current crackdown on Filipinos holding dual citizenships in the United States amid circulating reports claiming the contrary. In a statement on Monday, Oct. 20, the embassy denied social media reports saying that the US government is...
The Marcos administration has successfully borrowed ₱22 billion through the sale of short-dated Treasury bills (T-bills) at slightly lower costs, backed by relatively stable demand driven by the continued effect of the latest key policy rate easing. During the latest T-bills auction on Monday,...
Beyond its power to transform, technology can also be used as a weapon against corruption and a tool for good governance, Vice President Sara Duterte said on Monday, Oct. 20. The Vice President was the keynote speaker of the opening ceremony of the 51st Philippine Business Conference & Expo (PBC&E)...
A group of education workers on Saturday, October 18, joined calls for the resignation of Government Service Insurance System (GSIS) President and General Manager Jose Arnulfo “Wick” A. Veloso over reported losses amounting to P8.8 billion and alleged questionable investments in...
Government Service Insurance System (GSIS) President and General Manager Arnulfo “Wick” Veloso defended the state-run insurer’s financial performance following an internal call rallying the recently returned chief to submit an immediate and irrevocable resignation. This comes as Veloso...
Department of the Interior and Local Government (DILG) Secretary Jonvic Remulla said on Thursday, Oct. 16, that informal settler families (ISFs) would likely suffer the most casualties should a major earthquake — the so-called “Big One” — hit Metro Manila or nearby areas. During the Senate...
The Government Service Insurance System (GSIS) received an overwhelming response from government employees on the first day of the Digital Ginhawa Loan launch on Oct. 10, with 21,418 applications totaling ₱1.258 billion filed through the GSIS Touch mobile app. As of press time, 9,461 applications...
Government workers who need a new computer, tablet, or cellphone for work or study can now apply for a GSIS Digital Ginhawa Loan, a new gadget loan from the Government Service Insurance System (GSIS) starting October 10. The program allows qualified members to borrow up to ₱60,000, payable in...
The Iglesia ni Cristo (INC) has urged the Senate to continue its investigation into alleged anomalies in thousands of flood control projects and called on the Independent Commission for Infrastructure (ICI) to make its hearings public to ensure transparency and accountability. INC Executive...
While there was subdued demand for longer-term debt securities owing to inflation worries, the Marcos government still managed to raise ₱35 billion as planned through the sale of two government bonds. During the sale of the 10-year Treasury bonds (T-bonds) on Tuesday, Oct. 7, the Bureau of the...
"You cannot paint everyone in government with the same brush as all of these corrupt operators that you see in government." This was what President Marcos said in an interview with The Manila Bulletin’s “The Sit Down" as he pointed out that corrupt officials are not the face of the government....
The national government’s debt settlements reached ₱1.54 trillion in the first eight months of the year, a slight decline from ₱1.55 trillion a year ago, even though August saw an almost 400 percent jump in required payments. Data from the Bureau of the Treasury (BTr) showed that the 0.7...
