The government rejected all bids for its long-term debt papers on Tuesday, Dec. 14, after investors sought higher yields. National Treasurer Rosalia V. De Leon said there is more room for yields to decline following deceleration in inflation last month and assurance from the central bank governor...
The short-term benchmark interest rates went sideways. At Monday's auction of Treasury bills on Dec. 13, the bellwether 91-day T-bill rate, which banks use in pricing their loans, dropped to 1.125 percent from 1.155 percent previously. The Bureau of the Treasury sold the P2 billion worth of...
As the country implements measures to prevent the entry of the Omicron variant, Communications Secretary Martin Andanar assured local government units (LGUs) of the administration's support in fighting the coronavirus disease (COVID-19). Presidential Communications Secretary Martin Andanar (PCOO)...
The World Bank has approved a fresh $600 million loan that aims to support the Philippines’ economic recovery from the coronavirus pandemic. In a statement, the Washington-based multilateral institution said it approved the financing for the government’s reform program to position the country...
The Quezon City Task Force on Solid Waste Management (QCTFWSM) on Wednesday, Dec. 8, warned its residents against fake solicitation letters asking for donations for a feeding program. The letter is said to be distributed by an anonymous member of the Garbage Collectors and Dispatchers Association....
Two poultry farms from the Philippines have been approved by the South Korean government to export chicken to the East Asian country. In formal communication, Maria Alilia Maghirang, the country’s Agriculture Attache in Seoul, informed Agriculture Secretary William Dar of the final approval of...
Presidential aspirant Vice President Leni Robredo on Tuesday, Dec. 7, appealed to economic leaders as she highlighted the importance of a “trustworthy, empowering, and agile” government and took pride in her work over the past five years. Vice President Leni Robredo delivers a message during...
Investors pressed for an increase in Philippine benchmark interest rate for a long-term loan. This was manifested at the Treasury's bond auction on Tuesday, Dec. 7 where government rejected bids for the 10-year notes as investors sought higher returns for buying those securities. Total tenders...
The Pasay City government and SM Supermalls entered into an agreement for the establishment of Business One Stop Shop (BOSS) in the city on Monday, Dec. 6. Mayor Emi Calixto-Rubiano and SM Supermalls president Steven Tan signed a Memorandum of Agreement (MOA) for the use of the General Services...
The Department of Health (DOH) on Monday, Dec. 6 encouraged the public to remain positive despite the restrictions and limitations brought about by the coronavirus disease (COVID-19) pandemic. Ligtas Christmas sa Healthy Pilipinas. (DOH / MANILA BULLETIN) The statement was made as the agency led...
The Government Service Insurance System (GSIS) has launched a loan program to aid members and their families purchase computer units for their remote work or online classes. Under the GSIS Computer Loan, members may borrow P30,000 to purchase a desktop or laptop computer. In a Laging Handa...
The Pasay City government, in coordination with the Department of Foreign Affairs (DFA), rolled out its Passport on Wheels beginning Saturday (Dec. 4) until Dec. 8. Mayor Emi Calixto-Rubiano said the project is open to all Pasay City residents who wish to apply for or renew their passport. Rubiano...
