The rate of Treasury bills (T-bills) mostly slipped on Monday due to strong demand during the debt paper’s last auction for the year. The average rate of the 91-day securities slipped to 1.125 percent and the 182-day to 1.428 percent while the rate of the 364-day rose to 1.649 percent. These were at 1.155 percent for the 92-day T-bill during the auction last December 6 while the rate of 183-day stood at 1.443 percent and the 365-day was at 1.643 percent. “Saw strong participation with today’s auction being (the) last for T-bills and redemption of PHP28.56 billion this week, including

The Department of Social Welfare and Development (DSWD) on Monday clarified that it has no programs or financial assistance being implemented online or through social media platforms. This as the DSWD received a report on Facebook page “DSWD registeration” posing as an accredited financial aid conduit. “A bogus Facebook page, which is circulating online, posted a status, asking the public to register through a link in order to receive PHP10,000 financial assistance,” the DSWD said in a news release. The official DSWD Facebook account is @dswdserves that can be accessed via facebook.com/dswdserves and which has over 1.1 million followers. The

The provincial government vowed on Monday to strengthen its tax campaign to sustain the high collection amid the continuous growth of the local economy. It will also continue offering discounts for taxpayers settling the right amount of taxes on or before the deadline. Based on a list issued by the Department of Finance-Bureau of Local Government Finance (DOF-BLGF), Bulacan ranked first among the 81 provinces nationwide with nominal locally sourced revenues (LSR) amounting to PHP1.72 billion for the fiscal year 2020. Governor Daniel Fernando attributed this accomplishment to the unwavering support of the residents and those from the business sector.

The Philippines will be promoting investment opportunities in construction and related export products and services, and information technology-business process management (IT-BPM) to the Middle East during its business forum and business-to-business (B2B) matching series happening this December 15-16. The forum and B2B sessions seek to open opportunities for the Philippine companies in the construction, architectural landscape, interior design, engineering services outsourcing, and IT-BPM sectors to the United Arab Emirates (UAE) and Middle East as part of the business events of the Philippines’ participation in Expo Dubai. “We are excited to promote the Philippines’ construction services and its allied industries, which

The Department of Agriculture’s Bureau of Fisheries and Aquatic Resources (DA-BFAR) commits to complete 32 more multi-species hatcheries next year. This, as DA-BFAR aims to boost aquaculture production by providing local sources of fry. “Our goal is to build end-to-end support system for aquaculture and promote commercial fish farming to provide diversified sources of food fish and income,” DA Undersecretary for Fisheries Cheryl Marie Caballero told the Philippine News Agency. Before 2021 ends, DA-BFAR will complete one multi-species hatchery and three mangrove crab nurseries in the provinces of Lanao del Norte and Catanduanes. Under the Legislated Hatcheries Program, 37 hatcheries