A 55‑year‑old homeowners association (HOA) president was shot dead while the treasurer was wounded when a helmeted gunman entered their office and opened fire in Barangay 171, Bagumbong, Caloocan City, Thursday afternoon, Aug. 20. The victims were collecting monthly payments from residents at...
The Sandiganbayan has affirmed the conviction of a barangay (village) official in Baguio City in four counts of malversation of public funds involving P52,000 cash prizes during the 2011 Sangguniang Kabataan (SK) sportsfest in 2011. Affirmed was the conviction of councilman Romel H. Beltran who, in...
President Marcos' first retail dollar bond (RDB) sale successfully raised $1.26 billion, demonstrating a positive response from the public despite the current market conditions, the Department of Finance (DOF) said. During the Chat with SBED briefing on Friday, Oct. 6, Finance Secretary Benjamin E....
TACLOBAN CITY – Gunmen killed a barangay treasurer and wounded a 54-year-old widow in Villaba, Leyte on Thursday, October 5. Police identified the fatality as Mateo Rasonable, 41, of Barangay Mataloto, Leyte, Leyte. BARANGAY treasurer Mateo Rasonable lies on the ground after he was shot dead...
The Bureau of the Treasury said that Land Bank of the Philippines and the Development Bank of the Philippines (DBP) can still invest up to a quarter of their net worth in Maharlika Investment Corp. (MIC). In a recent interview with reporters, National Treasurer Rosalia V. de Leon said the initial...
The Bureau of the Treasury said it has received a high number of inquiries about job requirements for Maharlika Investment Corp. (MIC). National Treasurer Rosalia V. de Leon said serious applicants have shown significant interest, and more nominees are expected as the Sept. 27 deadline...
The Philippine government plans to borrow $1 billion from the Islamic debt market, marking the country's first venture into this type of financing, the Bureau of the Treasury said. In a briefing in Dubai, National Treasurer Rosalia V. de Leon said that Manila aims to raise approximately P56.6...
The appointment of Rosalia V. De Leon, a long-time national treasurer of the Philippines, to the top policy-making body of the central bank, is a recognition of her expertise and dedication to the financial sector. On Saturday, Sept. 2, the Presidential Communications Office announced De...
LAUREL, Batangas – A barangay treasurer was shot dead on Sunday afternoon, July 9, in this town. The Police Regional Office 4-A identified the victim as Sheila Avelino, treasurer of Barangay Paliparan, here. A witness said he saw the suspect Marlon Balani carrying a firearm at the crime scene. The...
The Bureau of the Treasury borrowed partially despite the drop in benchmark yields for short-term loans. At Monday's auction of Treasury bills on April 3, the national government raised P12.8 billion, below the P15 billion plan for the week. The 91-day Treasury bill rate decreased to 5.045...
Benchmark yields for short-term loans rose, forcing the Bureau of the Treasury to borrow less than programmed. At Monday's auction of Treasury bills on Mach. 20, the national government raised P10.636 billion, below the P15 billion plan for the week. The 91-day Treasury bill rate...
The benchmark interest rate on debt falling due in almost five years drop at an auction of the government IOUs at the Bureau of the Treasury on Tuesday, Nov. 29. The interest rate of the 20-year IOUs, with a remaining life of four-years and nine-months, fetched 6.568 percent, lower than the...