Aspiring president Senator Manny Pacquiao has vowed to shame corrupt government officials if he gets elected. Pacquiao said he will do it publicly, particularly to those who will be found guilty of graft and corruption. "Abangan niyo nalang kung anong paraan ko para ipapahiya sila. Sisiguraduhin ko...
The benchmark interest rate on debt falling due in three years rose at an auction of government IOUs at the Bureau of the Treasury. Investors were willing to buy as much as P41.492 billion of the three-year Treasury bonds, more than the government's offer of P35 billion. The rate of the IOUs rose...
Lingering uncertainties over aggressive tightening in the US and domestically pushed up most of the interest rates for short-term Philippine debt papers. At the Bureau of the Treasury’s auction on Monday, May 2, the yield for the 91-year Treasury bill, which banks use to price their loans, went...
Efficient, accurate, and reliable. In the league of air superiority, drones have once again exemplified its prowess not in the battlefield, but in the field of transportation through delivering life-saving interventions like vaccines and medicines, cutting travel time by more than half. Other than...
Presidential candidate Senator Panfilo "Ping" Lacson said he is upbeat that prosperous municipalities can now easily apply for cityhood with the new law that eases requirements converting municipalities to component cities. Lacson said Republic Act 11683, which lapsed into law on April 10, 2022, is...
The national government's budget deficit declined in the first three-months of the year after revenues grew by double-digits, outpacing the increase in public spending, the Bureau of the Treasury reported. On Wednesday, April 27, the Treasury bureau showed that the government incurred a P316.8...
IMUS CITY, Cavite – The local government unit inaugurated the new Imus City Government Center in Barangay Malagasang 1-G on Monday, April 25. The ceremony was led by Mayor Emmanuel Maliksi, Vice Mayor Arnel Cantimbuhan, Commissioner Ryan Alvin Acosta of the Civil Service Commission, and...
The national government borrowed less than expected after interest rate for long-term Philippine debt papers rose. At a Bureau of the Treasury auction on Tuesday, April 26, the yield for the 10-year Treasury bond went up to 6.313 percent from 6.092 percent last March 29 when the IOU was last sold....
The Duterte administration has sealed 22 loan agreements with the World Bank Group (WBG) in the past five-years, bulk of which were used to help finance to country’s war chest against the Covid-19 pandemic, the Department of Finance (DOF) reported. In a statement on Monday, April 25, Finance...
The national government raised P15 billion through the sale of short-dated debt papers. At the Bureau of the Treasury auction on Monday, April 25, yields on three- and six-month debt papers went down, while bids for the one-year IOU rose. The yield on the bellwether 91-day Treasury bill, which...
Filipino voters don’t have to endure another six years of bad governance if they elect the right leader this time around in the person of presidential candidate Panfilo "Ping" Lacson, senatorial aspirant Emmanuel "Manny" Piñol said. Piñol, a former Agriculture secretary, made a pitch for a...
DOH/MB Voters who are found exhibiting symptoms of Covid-19 should be referred to their respective local government units (LGUs) after they cast their votes in the upcoming May 9 elections, the Department of Health (DOH) asked the Commission on Elections (Comelec). DOH Undersecretary Maria Rosario...
