The Department of Information and Communications Technology (DICT) on Wednesday, October 25 claimed that hackers were able to infiltrate the “test site” and not the website of the agency itself. DICT Undersecretary Jeffrey Ian Dy disclosed this during the Senate Committee on...
The Marcos administration increased its domestic borrowing program for November, data from the Bureau of the Treasury showed on Wednesday, Oct. 25. In a memorandum posted on the Treasury website, the bureau stated that the national government aims to borrow P225 billion from the domestic market...
The local coconut and biodiesel industries declared that they are ready to increase production in support of President Ferdinand R. Marcos’ plan to increase the mandated biodiesel blend at the pumps to three percent (B3) from the current rate (B2) as part of measures needed to address rising fuel...
President Marcos' economic team will reevaluate its growth targets after the "Undas" holiday break due to underspending in some government agencies and risks associated with the Hamas-Israel conflict. National Economic and Development Authority (NEDA) Undersecretary Rosemarie Edillon said a special...
In celebration of the 40th anniversary, the University of the Philippines Diliman College of Science (UPD-CS) will offer a free university and public screening of the 2023 Philippine Science Film Festival from Oct. 26 to 27. University of the Philippines Diliman College of Science (UPD-CS) In...
The Bureau of the Treasury reported that the Marcos administration's budget deficit fell well below the ceiling in the first nine months of the year due to higher-than-expected revenues. From January to September, the national government incurred a fiscal gap of P983.5 billion, 11 percent lower...
Calls for social awareness have pushed companies and enterprises worldwide to realign their practices with the principles of the Environment, Social, Governance (ESG) framework. While tagged as a non-financial performance indicator, ESG represents the sustainable and ethical impact of a company’s...
REFLECTIONS TODAY In former days in the Philippines, landed people like the hacienderos had numerous servants. Usually, these servants were put under the charge of the head servant or mayordomo (“head of the house”). The head servant was entrusted by the master of the house with management of...
THE VIEW FROM RIZAL In the olden days, the barangay chairman was called barrio captain. Kapitan del Barrio, our elders used to call them. Much earlier, he was “tentyente del barrio” – the successor of the “cabeza de barangay.” His position must be so important that from Barrio Lieutenant,...
The government has made a full award of the reissued 10-year Treasury bonds (T-bonds) that fetched an average interest rate of 6.954 percent. On Tuesday, Oct. 24, the Bureau of the Treasury raised P30 billion through an auction of reissued T-bonds with a remaining life of nine-years and 10-months....
Ayala-owned Bank of the Philippines Islands (BPI) will be issuing 314 million common shares to the shareholders of the Gokongwei-led Robinsons Bank Corporation (RBC) to complete their merger, which was approved by the Board of Directors on Sept. 30. According to a disclosure to the Philippine...
The Bank of the Philippine Islands (BPI) announced that it will shorten the offer period for its 1.5 year peso fixed-rate bonds worth P5 billion issued last Oct. 17 due to strong demand. In a disclosure to the Philippine Stock Exchange (PSE), the bond sale due 2025 will now end on Oct. 25,...
