Treasury studying timing of Marawi bond float: Dominguez
December 5, 2018
Finance Secretary Carlos Dominguez III said Wednesday the Bureau of the Treasury (BTr) is studying the “exact timing” of the issuance of the Marawi bonds in relation to the schedule of the delivery of the pledges raised by the government
Palace OKs rehabilitation of Panglao, El Nido; no need for EO similar to Boracay
December 5, 2018
President Rodrigo Duterte does not need to issue an executive order for the rehabilitation of Panglao Island in Bohol and El Nido in Palawan, Malacanang said on Wednesday. “On the rehabilitation of Panglao Island in Bohol and El Nido in
November inflation decreases to 6% from 6.7% in October
December 5, 2018
Inflation for November eased to a four-month low of six percent from 6.7 percent in October, according to the Philippine Statistics Authority ( PSA) on Wednesday. The October inflation figure, which was the highest in nearly a decade, was unchanged
November inflation falls to six percent from 6.7% in October
December 5, 2018
Inflation in November fell to six percent from 6.7 percent in the previous month, the Philippine Statistics Agency (PSA) said Wednesday. Food and non-alcoholic beverages decelerated to eight percent from 9.4 percent in October. This was, however, significantly higher than
Duterte OKs implementation of 2nd tranche of oil excise tax by January
December 4, 2018
President Rodrigo Duterte has approved the recommendation of the Development Budget Coordination Committee (DBCC) to implement the second tranche of excise tax on petroleum products next year, officials said on Tuesday. With this, the government would no longer lose an
4 die after drinking coconut wine in Quezon City
December 4, 2018
Four persons died and 13 were hospitalized last weekend after drinking “lambanong” or cococnut wine weekend binge in Quezon City, police said Tuesday. Superintendent Rossel Cejas, Novaliches Police Station 4 chief, said the victims namely Dennis Cuadra, 37, Alvin Reyes, 42, Delfin Bayaongos,
PSE index soars, peso loses ground
December 4, 2018
The Philippine Stock Exchange index climbed by more than two percent but the peso went down by 20 centavos against the US dollar on Tuesday. The peso settled at P52.52 from Monday’s P53.32. Volume at the foreign exchange portal of
BuCor official shot in Muntinlupa City
December 4, 2018
A chief inspector of the Bureau of Corrections (BuCor) was shot by unidentified suspects in Muntinlupa City Monday afternoon. A report from the Southern Police District said the incident transpired around 3:10 pm along Katihan St., Poblacion in Muntinlupa
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