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Entitled politicians
I just returned from Tokyo for meetings with the Japanese Ministry of Foreign Affairs and the Japan Trade Organization, the government-related organization that promotes trade and investments between Japan and the world......»»
Another Niger Media Organization Suspended
The interior minister of Niger's decision this week to suspend the activities of Maison de la Presse (Press House), an independent media organization, is the latest in a series of government actions to crack down on the press and free expression in the West African country.The minister's January 29 decree also announced the creation of a new management comm.....»»
Miss Supranational Organization explains pageant slogan
In a social media post, the Miss Supranational Organization (MSO) expounded on what their "Aspirational/Inspirational" slogan meant; it being one of the most frequently asked questions they encounter......»»
WHO thanks Philippines for pandemic prevention, preparedness and response
World Health Organization Director General Tedros Adhanom Ghebreyesus has expressed his appreciation of the Philippines’ role in the ongoing negotiations on a “WHO convention, agreement or other international instrument on pandemic prevention, preparedness and response” known as the Pandemic Treaty......»»
WHO thanks Philippines for pandemic prevention, preparedness and response
World Health Organization Director General Tedros Adhanom Ghebreyesus has expressed his appreciation of the Philippines’ role in the ongoing negotiations on a “WHO convention, agreement or other international instrument on pandemic prevention, preparedness and response” known as the Pandemic Treaty......»»
WHO thanks Philippines for pandemic prevention, preparedness and response
World Health Organization Director General Tedros Adhanom Ghebreyesus has expressed his appreciation of the Philippines’ role in the ongoing negotiations on a “WHO convention, agreement or other international instrument on pandemic prevention, preparedness and response” known as the Pandemic Treaty......»»
Philippines becomes first Asian country to ratify ILO convention
MANILA, Feb. 23 (Xinhua) -- The Philippines has been the first Asian country to ratify a convention to end workplace violence and harassment, the International Labor Organization (ILO) said Friday. The ILO said that the Philippines deposited the instrument of ratification of the Violence and Harassment Convention 2019 (No. 190) with ILO Deputy Director-General Celeste Drake on Tuesday. By depositing the i.....»»
Philippines becomes first Asian country to ratify ILO convention
MANILA, Feb. 23 (Xinhua) -- The Philippines has been the first Asian country to ratify a convention to end workplace violence and harassment, the International Labor Organization (ILO) said Friday. The ILO said that the Philippines deposited the instrument of ratification of the Violence and Harassment Convention 2019 (No. 190) with ILO Deputy Director-General Celeste Drake on Tuesday. By depositing the i.....»»
PFDA commits to increased dividend payments to Treasury
Department of Agriculture’s Philippine Fisheries Development Authority announced in a statement that it would remit 75% of its dividend payouts coming from the prior 50% after Finance Secretary Ralph Recto requested the government firm to increase its remittances to the government. .....»»
Xinhua world economic news summary at 0900 GMT, April 1
MANILA -- The Philippine government's budget deficit increased to 164.7 billion pesos (2.93 billion U.S. dollars) in February, the country's Bureau of the Treasury said Monday. "The wider budget gap stemmed from the 22.14 percent year-over-year increase in expenditures, matched with moderate revenue growth of 5.73 percent," the bureau said. With the February turnout, the bureau said the year-to-date fiscal balan.....»»
Hot money returns to net inflow in February
More foreign portfolio investments flowed into the Philippines in February, snapping two straight months of net outflows, amid the government’s retail Treasury bond offering......»»
Gov’t debt stock rose to P14.79 trillion as of Jan
MANILA, Philippines — The government’s outstanding debt rose in January due to a weak peso and after the Marcos administration borrowed more from local creditors than what it paid for its maturing liabilities, the Bureau of the Treasury (BTr) reported Friday. Data showed state obligations increased 1.9 percent month-on-month to P14.79 trillion as of January. ALSO READ:.....»»
Debt balloons to P14.8 trillion
The issuance of domestic securities and the weakening of the peso pushed the country’s outstanding debt to a fresh high of P14.79 trillion in January, latest data from the Bureau of the Treasury showed......»»
Larry Summers warns that the war vs inflation might not be over
Larry Summers, the former US Treasury Secretary (under President Bill Clinton) and former Chief Economist of the World Bank, said that the US Federal Reserve may still need to raise rates before it can declare victory in the war against inflation......»»
Government eyes P30 billion from 30th RTB issue
The government is borrowing at least P30 billion from small creditors as the Marcos administration sets its third offering of retail Treasury bonds (RTBs) to expand state coffers and finance various projects......»»
Philippines debt hits record P14.6 trillion
The Marcos administration has so far incurred P1.82 trillion in debt since it assumed office, largely due to a high interest rate environment, pushing the country’s outstanding obligation to an all-time high of P14.62 trillion in 2023, according to the Bureau of the Treasury......»»
US Senate panel urges Treasury Dept to make tech firms comply with sanctions
US Senator Mark Warner says tech companies like Alphabet and Meta have continued to provide adtech services to sanctioned entities with ties to 'foreign adversaries'.....»»
Treasury raises P81 billion from T-bill sale in January
The government borrowed a total of P81 billion through the issuance of short-term securities this month, exceeding its target after it upsized offers at the onset of the new year......»»
Treasury raises P120 billion from T-bonds
The government raised the entire program of P120 billion in long-term securities this month amid the downtrend in investor asking rates......»»
FACT CHECK | VP Sara Duterte did not return her 2022 confidential fund
Vice President Sara Duterte has not returned her confidential fund to government treasury, contrary to a video posted on YouTube. Reports that Duterte spent in just 11 days in December 2022 a confidential fund amounting to P125 million from the contingency fund of the Office of the President drew widespread criticisms and demands for an […].....»»