Appointments made by government agencies after May 9 up to June 30, 2022 shall be disapproved or invalidated, the Civil Service Commission (CSC) said on Tuesday, May 17. Voters cast vote at Legarda Elementary School in Sampaloc, Manila on May 9, 2022(Ali Vicoy) In a statement, CSC said that this...
President Duterte has signed into law the bill granting government employees a night-shift differential at a rate not exceeding 20 percent of the hourly basic rate of the employee. President Duterte (Malacañang photo) Duterte signed Republic Act (RA) No. 11701 on April 13, but the copy was...
The looming increase in the Bangko Sentral ng Pilipinas’ (BSP) policy rates caused the Philippines' benchmark borrowings yields to rise, prompting the Bureau of the Treasury to reject all tenders. At the Treasury bureau’s auction on Monday, May 16, the national government failed to raise P15...
To promote the efficient delivery of services, especially amid the ongoing Covid-19 pandemic, Malacañang has ordered all government offices to adopt digital payments for their respective disbursements and collection. Photo from PIXABAY Executive Secretary Salvador Medialdea signed President...
Debt payments by the national government declined significantly in the first-quarter due to lower amortization, data from the Bureau of the Treasury showed. The national government's debt servicing reached P313.65 billion in January to March, or 40 percent lower than the P521.51 billion paid out in...
(PIXABAY) The Department of Social Welfare and Development (DSWD) will resume the implementation of the Government Internship Program (GIP) this month after its deferment in 2020 and 2021 in consideration of the safety and protection of the youth from Covid-19. GIP is one of the components of the...
Benchmark interest rates rose across the board at Monday's auction of short-term government debt papers on the back of higher consumer prices. The yield on the 91-day Treasury bill, which banks use in pricing their loans, moved up to 1.531 percent from 1.272 percent a week ago. The government...
The national government has borrowed less in the first three months of the year as sources of state revenue start to normalize on the back of easing quarantine restrictions, data from the Bureau of the Treasury showed. The Treasury reported over the weekend that the Duterte administration’s total...
Craving for authentic Thai cuisine? Look no further than Nara Thai Bringing the flavors of Thailand to the Philippines is the goal of Roku Group Inc. when it brought Nara Thai restaurant into the country four years ago. With its dishes remaining faithful to how they are made in Bangkok and its...
Senator Christopher “Bong” Go on Thursday lauded President Rodrigo Duterte for signing into law 11 bills seeking to establish and improve Department of Health (DOH)-run hospitals. Go, who chairs the Senate Committee on Health and Demography, said these new laws would inevitably help improve the...
The Ukrainian government has expressed its appreciation for the Philippine government for its stand on the Ukraine-Russia conflict as it also called on the Filipino community to fight disinformation justifying the ongoing war. Non-resident Ukrainian ambassador to the Philippines Olexander...
Government debt load in March soared by more than half a trillion pesos in the month of March alone on the back of borrowing spree from domestic and foreign lenders, data from the Bureau of the Treasury revealed. The gargantuan borrowing in March brought the national government debt stock to...
