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‘Probe past NFA admins’ billion-peso palay sales’

Farmers’ group Federation of Free Farmers national manager Raul Montemayor asked Agriculture Secretary Francisco Tiu Laurel Jr. to include in the ongoing probe on the National Food Authority (NFA)’s questionable rice sale to some traders the alleged billions of pesos worth of fresh palay sold during previous administrations......»»

Category: newsSource:  philstarRelated NewsMar 3rd, 2024

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:.....»»

Category: newsSource:  inquirerRelated NewsMar 2nd, 2024

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......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2024

End-January Philippine debt balloons to P14.79 trillion — Treasury

The Philippines' outstanding debt climbed to a record of P14.79 trillion as of the end of January 2024 due to the net issuance of domestic securities and the effect of peso depreciation, the Bureau of Treasury (BTr) said on Friday......»»

Category: newsSource:  philstarRelated NewsMar 1st, 2024

Korea-led joint venture bags Comelec deal

A joint venture led by South Korean firm Miru Systems Co. Ltd. bagged the multibillion-peso contract for the lease of voting machines to be used in the May 2025 midterm polls, the Commission on Elections announced yesterday......»»

Category: newsSource:  philstarRelated NewsFeb 22nd, 2024

Cebu Daily Newscast: Remittances soar to P33.5 billion in 2023 – BSP

Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. Here’s what you need to know on Friday, February 16. Remittances soar to P33.5 billion in 2023 – BSP Filipinos abroad sent a record amount of money back home in 2023 as remittances hit $33.5 billion, boosted by a stronger peso......»»

Category: newsSource:  inquirerRelated NewsFeb 16th, 2024

Remittances soar to P33.5 billion in 2023 – BSP

MANILA, Philippines — Filipinos abroad sent a record amount of money back home in 2023 as remittances hit $33.5 billion, boosted by a stronger peso. This increase in the value of remittances helped households cope with high inflation. According to the Bangko Sentral ng Pilipinas (BSP), cash remittances through banks totaled $33.5 billion, marking a.....»»

Category: newsSource:  inquirerRelated NewsFeb 16th, 2024

Tax credit scam: 5 ex-DOF execs get 8 years

The Sandiganbayan has affirmed the conviction of five former officials of the Department of Finance for graft over the multibillion-peso tax credit scam in the 1990s......»»

Category: newsSource:  philstarRelated NewsFeb 9th, 2024

Rice tariff collections hit P30 billion in 2023

Tariff collections from 3.6 million metric tons of rice imports likely reached a record P30 billion in 2023 on the back of a weaker peso and higher global grain prices......»»

Category: financeSource:  philstarRelated NewsFeb 4th, 2024

SC affirms conviction of man caught with fake bills

The Supreme Court has upheld the conviction of a man arrested for possession and use of counterfeit Philippine peso bills......»»

Category: newsSource:  philstarRelated NewsJan 31st, 2024

Rewind breaks P900M mark, including over P50M abroad

"Rewind" starring real-life couple Marian Rivera and Dingdong Dantes surpassed the P900-million peso mark at the global box office, a first for any Filipino film......»»

Category: entertainmentSource:  philstarRelated NewsJan 31st, 2024

Isinusulong na Cha-cha, Peso initiative not peoples initiative — Senador

NANINIWALA si Senador Sherwin Gatchalian na hindi maaring tawagin pang Peoples Initiative kundi Pera initiative na ito ay dahil kapalit ng paglagda ng taong bayan ay may kapalit na halaga. Ayon kay Gatchalian batay sa impormasyong kanyang nakalap sa bawat pirma ng isang tao ay mayroong kapalit na isang daan o dalawang daang piso. Kung ….....»»

Category: filipinoSource:  hatawtabloidRelated NewsJan 26th, 2024

Samsung’s base Galaxy S24 starts at P53,990, Ultra at P84,990

The cheapest base model gets twice the memory as the 2023 version, while the Ultra line gets a 3,000-peso price bump across the range.....»»

Category: newsSource:  rapplerRelated NewsJan 18th, 2024

BDO to raise P5 billion via sustainability bonds

BDO Unibank Inc. is raising at least P5 billion as it returned to the domestic debt market via the issuance of peso-denominated fixed-rate sustainability bonds......»»

Category: financeSource:  philstarRelated NewsJan 10th, 2024

12 people drown in Philippines during past week break

MANILA, April 1 (Xinhua) -- At least 12 people, including a three-year-old boy, have drowned in the Calabarzon region during the past holy week break starting March 28, local police said on Monday. The victims died in separate incidents in the region, which is located in southeast of Manila and comprises five provinces. Filipinos observe the holy week that falls during summer by heading to the beach or ri.....»»

Category: sportsSource:  abscbnRelated NewsApr 1st, 2024

Suspect in shooting falls

olice have apprehended one of the three suspects in the killing of a 47-year-old man during a shooting in Quezon City yesterday......»»

Category: newsSource:  philstarRelated NewsMar 21st, 2024

‘Si Lord muna’: Couples dedicate Heart s Day to church amid 2024’s ‘Barbenheimer’

This year's Valentine's Day, dubbed by some as 2024's "Barbenheimer," falls on Ash Wednesday, a significant day for Catholics that marks the start of the Lenten season, prompting many to abstain from everyday indulgences......»»

Category: newsSource:  philstarRelated NewsFeb 14th, 2024

Heartbreaker: 30-year pro Somaa crushes Strong Group title push off buzzer-beater 3

Strong Group-Philippines painfully falls short of its championship bid in Dubai as Al Riyadi-Lebanon sinks a game-winning three right at the buzzer.....»»

Category: newsSource:  rapplerRelated NewsJan 28th, 2024

February 9 declared special non-working holiday

Malacañang has declared Feb. 9, a Friday, a special non-working day throughout the country for the celebration of the Lunar New Year, which falls on the next day......»»

Category: newsSource:  philstarRelated NewsJan 20th, 2024

Leader of gunrunning reservists, ex-soldiers falls

A 51-year-old man suspected of leading a gunrunning syndicate composed of reservists and former soldiers was arrested in Muntinlupa on Tuesday......»»

Category: newsSource:  philstarRelated NewsJan 11th, 2024