Hoping to address the traffic woes as well as stir scientific and technological activity, the Department of Science and Technology (DOST) together with the local government unit (LGU) of Taguig City, begins construction of the Taguig City Science Terminal and Exhibit Center. Taguig City Mayor-elect...
Senator Christopher “Bong” Go on Thursday, June 9 called for greater vigilance against dengue as areas in the Visayas and Mindanao record a sharp rise in the number of cases. Go, who chairs the Senate Committee on Health and Demography, at the same time, urged those who are in need of medical...
The World Bank said the Philippine government’s debt load remains manageable despite recent acceleration amid the prolonged pandemic. Even it has ballooned, Kevin Chua, World Bank senior economist noted that the government’s debts are mostly held by Filipino creditors, long-dated IOUs and...
Senator Sherwin Gatchalian on Wednesday called on the Bureau of Internal Revenue (BIR) to launch a massive crackdown on mulcting officials and personnel, victimizing not just large corporations, but even small businesses. “Marami sa ating mga maliliit na negosyante ay kinikikilan ng ilang hindi...
The Presidential Communications Operations Office (PCOO) received on Tuesday various broadcasting equipment from the Chinese government aimed to expand the government's communication programs. PCOO Secretary Martin Andanar said the various equipment, which include 10-kilowatt FM band digital audio...
Starting June 15, the public sector may now choose to adopt flexible work arrangements anytime according to the Civil Service Commission (CSC). Commuters wait for their ride along Riverside, Commonwealth Avenue, on June 7 2022. This is the same situation in many parts of Metro Manila as the lack of...
Investors swarmed short-term government debt papers offer on Monday, June 6, as the Bureau of the Treasury partially awarded the one-year IOU at a higher interest rate. The yield on the 91-day Treasury bill, which banks use in pricing their loans, declined to 1.440 percent from 1.460 percent a week...
The Muntinlupa City government and the Department of Science and Technology-National Capital Region (DOST-NCR) signed a deed of usufruct that will allow the latter to establish a regional office in the city. Under the deed, the Muntinlupa City government has allocated 700.45 sq. m. of its land for...
As the pandemic begins to slowdown and the economy further reopens, the national government’s borrowing requirement was significantly reduced in April mainly due to less financing coming from overseas lenders. Data from the Bureau of the Treasury on Sunday, June 5, showed that the government...
As the country’s debt stock continued to rise in April, Malacañang said Thursday that reducing the Philippine debt remains the government's priority. In fact, Communications Secretary Martin Andanar said, the Duterte administration’s economic team already “proposed a fiscal consolidation and...
The national government’s debt stock continued to rise in April this year, driven mainly by additional borrowings from both local and foreign creditors as well as the weakening peso against the US dollar, the Bureau of the Treasury reported. As of April 2022, the government’s total outstanding...
One notable law signed by President Rodrigo R. Duterte early this month is Republic Act No. 11765, otherwise known as the Financial Products and Services Consumer Protection Act (FCPA), which gave three financial regulators the power to speed up addressing consumers’ complaints against financial...
