The headline above is not complete as any effort to “cleanse” the police membership of scalawags must be supported by all Filipinos, as there is no place at any time or in any administration for rogue cops. Any personnel in uniform must not, in any way or form, be involved in the illegal drugs...
Benchmark yields for short-term loans rose anew amid expectations that US Federal Reserve will continue its interest rate tightening regime. At Monday's auction of Treasury bills on Jan. 9, the 91-day Treasury bill rate increased to 4.232 percent from 4.155 percent last week. This, however, is...
The Marcos administration will again tap the overseas debt markets with its three-tranche US dollar dominated bond sale that aims to bridge the government’s budget deficit for the year. Based on a document obtained by reporters, the Philippine government launched on Monday, Jan. 9, the...
The Pasig City local government is ready to accept applications for this year's Government Internship Program (GIP) starting Tuesday, Jan. 10. The GIP is one of the local government's youth employment programs that allow students and out of school youth (OSY) to work at the City Hall and other...
Government borrowings accelerated in November last year mainly due to increased domestic financing, data from the Bureau of the Treasury revealed. Gross borrowings of the Marcos administration amounted to P97.87 billion in November alone, up 266 percent from only P26.69 billion in the same month in...
The Department of Human Settlements and Urban Development (DHSUD) has signed an agreement with the Baguio City government for the construction of a township housing project that would benefit around 10,000 informal settler families (ISFs) and low-income earners. DHSUD Secretary Jose Rizalino Acuzar...
Senate Minority Leader Aquilino Pimentel III finds the request of Department of Interior and Local Government (DILG) Secretary Benhur Abalos for courtesy resignation of all Philippine National Police (PNP) generals and colonels amid possible illegal drugs links as ‘’very strange and too...
The Governance Commission for Government Owned or Controlled Corporations (GCG) has asked the Civil Aviation Authority of the Philippines (CAAP) to submit its report over the severe system failure at the Ninoy Aquino International Airport (NAIA). In a statement released on Wednesday, Jan. 4, GCG...
The strengthening of the peso against the US dollar in November helped soften the rise in government debt, the Bureau of the Treasury reported. Based on the Treasury report on Tuesday, Jan. 3, the outstanding debt of the national government stood at P13.644 trillion at end-November, up by a...
Today, the start of a new year, we are unified by hope and willing to work toward the same goal – a better economy and a better life for all. Despite the significant increases in the prices of fuel, food, and services, 92 percent of Filipinos said they will face the new year with hope, according...
State-run Government Service Insurance System (GSIS) announced on Thursday, Dec. 29, that the pension fund will grant educational assistance to kin of its members. Wick Veloso, GSIS president and general manager said they will release P100 million in financial aid to 10,000 qualified children of...
The Marcos administration is planning to borrow P200 billion from domestic creditors in the first month of next year to finance the government’s budget deficit, data from the Bureau of the Treasury showed. Based on a Treasury memorandum posted on its website, the national government has raised...
