Bond sales tepid as investors spooked by geopolitical risks
THE national government made a partial award of the reissued 20-year Treasury bonds (T-bonds) on Tuesday’s auction, raising only P16.633 billion due to high investors’ asking yields.
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THE national government made a partial award of the reissued 20-year Treasury bonds (T-bonds) on Tuesday’s auction, raising only P16.633 billion due to high investors’ asking yields.
Is love sweeter the second time around?
AS the state aims to collect more than P120 billion in value-added tax (VAT) this April, the main tax collecting agency’s top official remained firm in the deadline for the filing and payment of the VAT.
THE Philippines, which ranks the third most disaster-prone country in the world, can now immediately liquidate funds to address emergency needs when a crisis occurs.
THE Asian Development Bank (ADB) has committed to supporting the Philippines in enhancing digitalization, human capital and infrastructure, and disaster preparedness through a new Country Partnership Strategy (CPS) for the Philippines.
DEVELOPING countries, such as the Philippines, tend to rely on financial assistance from international and multilateral financial institutions to fund their programs and projects through loans.
THE state’s payments for its debt obligations in the first two months of the year rose by 6.84 percent to P452.513 billion from P423.545 billion in the same period of 2023, according to the Bureau of the Treasury (BTr).
The biggest music festival in the Philippines is back this time at Clark Global City in Angeles City, Pampanga for an impressive two-day event that gathered the greatest Original Pilipino Music (OPM) artists of their time.
THE national government has collected over P60 billion in duties and taxes from more than four billion liters of fuel for the first quarter of the year in its campaign to prevent the illicit trade of petroleum products in the country.
APART from recovering from economic scarring of the Covid-19 pandemic, geopolitical tensions and climate change add up to the struggles faced by developing nations that lack assistance from international financial institutions.
THE World Bank (WB) expressed its support for the Philippine government’s digitalization program to enhance tax administration, assist in the energy and agriculture sectors and facilitate investments in human capital.
THE state’s gross borrowings expanded to P419.973 billion in February this year as the national government sourced its finances through higher domestic borrowings.
A delegation from two Washington-based international strategic advisory firms is set to pay a visit to the Philippines to discuss potential partnerships to boost the Maharlika Investment Fund (MIF) and enhance the country’s digitalization efforts in generating revenues.
FINANCE Secretary Ralph G. Recto expressed confidence that the Philippines is close to reaching a single-digit poverty goal as the country’s jobless rate eased.
REVENUES generated by the national government through privatization recorded a triple-digit growth for the first two months of the year, exceeding its income for the same period a year ago.
THE national government borrowed a total of P35.6 billion from the combined auction of Treasury bills (T-bills) and bonds (T-bonds), which saw mixed results due to higher average auction yields for both debt papers.
SUBSIDIES extended by the national government to government-owned and -controlled corporations (GOCCs) in February 2024 increased by one-third compared to the same month a year ago, mitigating the effects of El Niño on agricultural products.
Just this Easter Sunday, concert promoter Live Nation Philippines hinted an Easter egg for Filo Livies—what Olivia’s Filipino fans are called—a possible solo concert of the young popstar.
AHEAD of the April 15 deadline for filing and paying for the 2023 annual income tax, Finance Secretary Ralph G. Recto urged taxpayers to settle their taxes on time to avoid any penalties.
THE Department of Budget and Management (DBM) released over P49 billion to the Department of Social Welfare and Development (DSWD) to cover the monthly allowance for more than 4 million indigent senior citizens.
AS higher food prices drove the inflation rate to increase in March, Finance Secretary Ralph G. Recto said the government is monitoring the effects of El Niño in vulnerable sectors to mitigate inflation.
OVERSEAS Filipinos affected by the magnitude 7.2 earthquake that hit Taiwan on Wednesday will soon be eligible to avail of the calamity loan offered by the Social Security System (SSS).
THE Bureau of Customs (BOC) said on Wednesday it has intercepted an estimated P102 million worth of suspected dried marijuana or kush and vape products with cannabis content concealed in balikbayan boxes from Thailand on April 2.
THE removal of the restrictions against foreign investments and businesses in the 1987 Constitution was backed by most Filipinos in a recent survey.
A HEAD of the Department of Finance’s (DOF) 127th anniversary on April 24, its top official reminded its employees of the agency’s legacy and compelled them to use their hearts in the service of others.
THE national government started its first auction for the second quarter of the year by successfully raising P17 billion from the tender of Treasury bills (T-bills), P2-billion higher than what it calculated in its domestic gross borrowing program.
THE national government reported that it spent more in terms of amortization than interest payments, the sum having totaled P158.898 billion in debt payments for January this year, according to the Bureau of the Treasury (BTr).
For years, liver diseases have been overlooked since it is always the cardiovascular, infectious, and other diseases that were always talked about and cautioned to the public.
THE Philippine economy is seen to grow at 5.9 percent for 2024 despite growing the fastest in the Asean region by 5.6 percent in 2023, according to international credit watcher S&P Global Ratings which kept its real GDP forecast unchanged.
The sacred Holy Week is a time for Christians to commemorate the Passion of Jesus Christ.
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