In a move towards embracing digitalization, the Bureau of the Treasury is set to launch its maiden tokenized bond issuance, aiming to raise at least P10 billion. In a statement, the Treasury said these digital peso-denominated IOUs will be offered with a minimum denomination of P10 million, which...
Senator Sherwin Gatchalian on Thursday, November 16 said he expects power consumers to greatly benefit from the Energy Regulatory Commission’s (ERC) decision to reduce the National Grid Corporation of the Philippines’ (NGCP) annual revenue to P36.7-billion. The amount is...
To enhance investment returns, the Social Security System (SSS) has tapped two government-owned banks to serve as its local fund managers for the next three-year period. Rolando Ledesma Macasaet, SSS president and chief executive officer said, the pension fund has allocated P2 billion in...
The Philippine Amusement and Gaming Corp. (Pagcor) said it remitted additional dividends to the Bureau of the Treasury to bolster the government’s budget for various programs. In a statement, Pagcor announced that the government's gaming regulator and operator transferred P5 billion in cash...
Examinees from the University of the Philippines Diliman (UPD) have secured every single spot in the top 10 of the November 2023 results of the computer-based Geologists Licensure Examination (GLE). Photo credit to PRC/Manila Bulletin The Professional Regulation Commission (PRC) released the...
HYBE x Geffen Records announced the details for “The Debut: Dream Academy” Live Finale, which will take place on Nov. 17th from 7 p.m. to 8 p.m PST in Los Angeles, California. “The Debut: Dream Academy” top 10 (Photo by Rahul Bhatt) “The Debut: Dream Academy” project...
Philippine Marine Corps (PMC) personnel fire the Soltam M-71 artilleries during a combined arms live fire exercise in Burgos, Ilocos Norte on Nov. 15, 2023 as part of the Armed Forces of the Philippines Joint Exercise (AJEX) Dagat-Langit-Lupa (DAGITPA). (Photo by AFP Public Affairs Office) The...
REFLECTIONS TODAY Luke continues to show Jesus’ care for the “little ones” — the outcast and the marginalized of society. Lepers are set aside outside the community for fear of contaminating the healthy ones, physically or ritually. The Samaritans, on the other hand, are disdained as...
THE VIEW FROM RIZAL Last week, the Laguna Lake Development Authority (LLDA) celebrated its 54th anniversary. It was a privilege to become part of the agency, having served as its general manager twice, although just for short periods. I was glad because the celebration focused on a body of water...
Philippine Coast Guard (PCG) spokesperson for West Philippine Sea (WPS) Commodore Jay Tarriela (File photo) The Philippine Coast Guard (PCG) managed to make its closest approach to Ayungin (Second Thomas) Shoal during the latest rotation and resupply (RoRe) mission there last Nov. 10 since Chinese...
The Bureau of the Treasury made a full award at Tuesday’s auction, Nov. 14, of the reissued 10-year debt paper at a lower interest rate. The government’s Treasury bonds (T-bonds) maturing Aug. 17, 2033 averaged at 6.781 percent, significantly lower compared with 6.954 percent fetched in the...
H.E. Jaroslaw Szczepankiewicz, CDA The Embassy of the Republic of Poland in Manila held a reception on the occasion of the 105th anniversary of the independence of Poland. It also celebrated 50 years of diplomatic relations between Poland and the Philippines. Led by the Embassy’s Chargé...
