Benchmark yields for short-term loans moved sideways, prompting the Bureau of the Treasury to reject bids for one-year notes. At Monday's auction of Treasury bills on Dec. 5, the bellwether 91-day Treasury bill rate dropped to 4.089 percent from 4.205 percent last week. This is also lower than the...
Pensioners of the Government Service Insurance System (GSIS) and Social Security System (SSS) will receive this week their Christmas cash gifts. These amounts are composed of the 13th month pay and their regular monthly pensions for pensioners of the SSS. Meanwhile, the state pension fund for...
Borrowings of the national government rose last October due to President Marcos’ maiden issuance of offshore commercial bonds, data from the Bureau of the Treasury revealed. Gross financing of the Marcos administration stood at P182.42 billion in October this year, higher by 25 percent compared...
Ranking members of the House of Representatives are batting for higher allowances for barangay officials as well as the grant of honoraria and benefits to barangay workers and "tanods" (watchmen) in the current 19th Congress. Tingog Party-list Rep. Yedda Marie Romualdez Tingog Party-list Reps....
HOTSPOT Tonyo Cruz Poet, artist and activist Ericson Acosta died on Bonifacio Day, Nov. 30, at around 2 a.m., in Kabankalan, Negros Occidental. He was 50. The tributes continue to pour in from contemporaries, fellow poets and artists, classmates and friends. According to the 62nd Infantry Battalion...
The Government Service Insurance System (GSIS) and Social Security System (SSS) have set aside P33 billion in Christmas cash gifts for pensioners. The two state-owned pension funds announced on Thursday, Dec. 1, that their respective yearend bonuses to about 3.7 million old-age and disability...
The Marcos administration plans to borrow more in US dollars as the Department of Finance (DOF) said the government is looking at tapping the hard-earned savings of overseas Filipino workers (OFWs). During a Kapihan sa Manila Bay Forum on Wednesday, Nov. 30, DOF Secretary Benjamin E. Diokno said...
The Anti-Red Tape Authority (ARTA) said it would support the Department of the Interior and Local Government (DILG) in its efforts to help local government units (LGUs) streamline their processes. Anti-Red Tape Authority (ARTA) Director-General Ernesto Perez (ARTA Photo) ARTA Secretary Ernesto...
Benchmark yields for short-term loans moved sideways, prompting the Bureau of the Treasury to partially borrow. At Monday's auction of Treasury bills on Nov. 28, the bellwether 91-day Treasury bill rate dropped to 4.205 percent from 4.375 percent last week. This, however, is higher than the...
Civil Service Commission (CSC) Chairperson Karlo Nograles urged on Monday, Nov. 28, local chief executives to ensure undisrupted service delivery as the government undergoes devolution. (CSC / MANILA BULLETIN) In a statement, Nograles said that any feedback on government frontline services can be...
Answering the call of President Ferdinand “Bongbong” Marcos Jr. to rightsize the national government, a House panel on Monday, Nov. 28, approved the substitute bill for all 15 proposals that aim to improve public service delivery. (House of Representatives/MANILA BULLETIN) During its regular...
The Armed Forces of the Philippines (AFP) organized an educational tour where 373 youth leaders from all over the country visited young cadets at the Philippine Military Academy (PMA) in Fort del Pilar, Baguio City. Photo by Philippine Military Academy The four-day tour which ended Sunday, Nov. 27,...
