The Department of Finance (DOF) said the national government remains in good cash position despite recent failed domestic borrowings owing to high interest rates. Finance Secretary Carlos G. Dominguez III said Tuesday, March 8, that cash flow is not yet a problem for the government owing to P457.8...
The Bureau of the Treasury failed anew to secure borrowings from the domestic market for a second consecutive week as banks continued to demand higher interest rates amid Russia’s escalating war in Ukraine. On Monday's auction, March 7, the national government rejected all bids for the...
Despite uncertainties amid the pandemic, the Government Service Insurance System (GSIS) said its investment fund expanded last year on the back of “well-positioned” foreign currency denominated portfolio. Rolando Ledesma Macasaet, GSIS president and general manager, said on Friday, March 4,...
The Pasay City government will conduct a mobile blood donation activity for two consecutive week on March 6 and March 12. Mayor Emi Calixto-Rubiano called on the city residents to be part of the “Give Blood, Save Life.” Rubiano said mobile blood donation will be held at the Pasay City North...
The national government incurred more loans in January, bringing its debt above the P12-trillion mark for the first time, as the Philippines bogged down by prolonged Covid-19 pandemic. The Bureau of Treasury reported on Friday, March 4, that the government’s outstanding debt stood at P12.03...
The Pasay City government distributed boxes of disinfectants to 201 barangays in the city for use in cleaning their surroundings against any form of virus, particularly the coronavirus. Mayor Emi Calixto Rubiano, together with Rep. Antonino Calixto, led the distribution of Zonrox disinfectants...
Aspiring president Ferdinand “Bongbong” Marcos Jr. has stressed the importance of coordination between the national government and the local government units (LGUs) in terms of promoting progress in the countryside as well as ensuring that appropriate laws are implemented. In an event in Pasay...
Aspiring president Ferdinand "Bongbong" Marcos Jr. believes that the Philippine government shouldn't make any a stand on the Russia-Ukraine war since the country is "not involved". Marcos Jr. told reporters in an ambush interview Tuesday night, March 1 in Pasay City that he is "worried more of our...
Should she win as president in the May 2022 polls, Vice President Leni Robredo on Monday, Feb. 28, told the information technology and business process management (IT-BPM) sector that she will prioritize improving the e-government services for easier access. Vice President Leni Robredo (VPLR Media...
Local short-term interest rates accelerated following Russia’s full-scale invasion of neighboring Ukraine. The Bureau of the Treasury rejected all tenors for Treasury Bills, or IOUs, after banks asked for much higher interest rates during the auction on Monday, Feb. 28. The treasury bureau was...
The Civil Service Commission (CSC) recently clarified in a resolution its policy in connection to the employment in the government service of Filipinos who have dual citizenship. (FILE PHOTO/JANSEN ROMERO/MANILA BULLETIN) Under Republic Act No. 9225 or the “Citizenship Retention and...
A total of 1,072 dogs and cats received anti-rabies shots from the Las Pinas City Veterinary Office to give the community and these pets protection against animal rabies. According to Paul San Miguel, Public Information Office (PIO) head, around 763 dogs and 336 cats were vaccinated on the first...
