State-run Government Service Insurance System (GSIS) has expressed interest to participate in the infrastructure program that the Marcos administration wants to pursue over the next six years. In a briefing, Jose Arnulfo “Wick” Veloso, GSIS president and general manager, said the pension fund...
State-run Government Service Insurance System (GSIS) announced it will grant emergency loan to assist members and pensioners in quake-stricken Northern Luzon. Hours after a powerful earthquake struck on Wednesday, July 27, Wick Veloso, GSIS president and general manager said the pension fund has...
The Department of Budget and Management (DBM) said that the implementation of big-ticket infrastructure projects should remain under the national government despite the Mandanas ruling. Budget Secretary Amenah F. Pangadaman said in an interview with reporters that the national government is...
LINGAYEN, Pangasinan – Gov. Ramon V. Guico III suspended work in the provincial government at noon Wednesday, July 27, following the magnitude-7 earthquake hours earlier. Guico, in the order signed on his behalf by provincial administrator Melicio F. Patague, said this will enable employees to...
Negros Oriental 3rd district Rep. Arnolfo Teves Jr. introduced a bill that will mandate social media companies to require users to present valid government-issued identification cards or barangay certificate. (AFP/ MANILA BULLETIN) House Bill (HB) 129, or “An Act Mandating the Authentication of...
Benchmark interest rates for short-term debt papers posted mixed results as investors await President Marcos’ first state of the nation address (SONA). At Monday's auction of Treasury bills on July 25, the bellwether 91-day Treasury bill rate, which banks use in pricing their loans, dropped to...
THE Aedes Aegypti mosquito that transmits dengue. Frogs and fishes are not “scientific solutions” to combat dengue-carrying mosquitoes, three government agencies said on Sunday, July 24. The departments of Health (DOH), Interior and Local Government (DILG), and Environment and Natural Resources...
President Ferdinand "Bongbong" Marcos Jr. has vetoed the proposed bill seeking to strengthen the Office of the Government Corporate Counsel (OGCC), citing various reasons, including the excessive remunerations for OGCC lawyers. President Ferdinand 'Bongbong' Marcos Jr. vetoes the proposed bill...
Despite the multi-trillion peso borrowings amid the prolonged-pandemic, the Philippine government’s risk of falling into a debt crisis remains low, the ASEAN+3 Macroeconomic Research Office (AMRO) said. According to the regional think tank, the likelihood of the government falling into debt...
A zero interest rate on salary loans for government employees makes sense for Misamis Occidental 2nd district Rep. Ando Oaminal. (Mari Gimenez/ Unsplash) For this purpose, the Mindanao lawmaker filed House Bill (HB) 2199, which, if enacted, would institutionalize such provision for workers of the...
Senator Robinhood "Robin" C. Padilla has filed a bill providing for the equal use of Filipino and English languages in such documents to make sure ordinary Filipinos understand the contents of all government issuances. In Senate Bill 228, Padilla lamented that while Section 6, Article. XIV of the...
Senator Francis “Chiz” Escudero has filed a bill that seeks to double the amount being received by some 1.8 million government employees as Personnel Economic Relief Allowance (PERA) to help them cope with the higher prices brought about by the Covid-19 pandemic and oil price hikes. In filing...
