Day: March 24, 2025

Manila: Some 5,000 Filipinos based abroad have enrolled in the online voting and counting system (OVCS) to be used in the May 12 midterm polls. This development comes as the enrolment period for internet voting for overseas voters commenced on March 20. According to Philippines News Agency, Comelec Chairperson George Erwin Garcia expressed optimism about the enrolment process in an interview before the escrow deposit of May 2025 Election Source Codes at the Bangko Sentral ng Pilipinas (BSP) in Manila. Garcia stated, “There will be more enrolling in the coming weeks. It’s good that the enrollment has been quick and

Manila: Drainage rehabilitation activities along Laong Laan Street in Sampaloc, Manila started on Monday, the Department of Public Works and Highways (DPWH) reported. The project, aimed at improving infrastructure in the area, has commenced amid expectations of completion by April 7. According to Philippines News Agency, the DPWH-North Manila District Engineering Office is overseeing the repair works, which include the first phase of rehabilitation spanning 20 linear meters in length and three meters in width. This section of Laong Laan Street, located between Vicente Cruz and Miguelin Streets, will see significant improvements as part of the ongoing efforts. The project

Manila: The Bureau of the Treasury (BTr) raised PHP28 billion from the Treasury bills (T-bills) auction on Monday, surpassing the original PHP22-billion offering. According to Philippines News Agency, the auction was 3.1 times oversubscribed, with total bids reaching PHP67.2 billion. This oversubscription led the Auction Committee to double the accepted non-competitive bids for the 182-day securities to PHP5.6 billion for the 364-day T-bills. Total tenders for the 91-day T-bills amounted to PHP18.82 billion, and the Auction Committee accepted PHP7 billion, with the yield settling at 5.157 percent. The BTr successfully raised PHP9.8 billion from the 182-day Treasury bills, which was

Pasay City: Services sector will keep the country’s export revenues afloat despite the challenging performance of outbound shipment of goods, a senior trade official said Monday. Department of Trade and Industry (DTI) Director Bianca Sykimte told reporters on the sidelines of an event in Pasay City that services exports in 2024 grew 7.5 percent to USD52 billion, the first time it breached the USD50-billion mark, from USD48 billion in 2023. According to Philippines News Agency, export revenues of goods, based on the Bangko Sentral ng Pilipinas’ (BSP) external accounts data, slipped by 0.4 percent to USD55 billion last year from

Manila: The Australian government continues to assist the Philippines in enhancing its aviation security, with a focus on capacity building, an official from the Office for Transportation Security (OTS) announced on Monday. “Since there are direct flights between the Philippines and Australia, there is a need for stronger cooperation and collaboration, sharing of information and best practices to prevent any acts of unlawful interference or terrorism,” OTS spokesperson Kim Marquez explained to the Philippine News Agency during an interview. According to Philippines News Agency, the Australian Department of Home Affairs has been actively involved in providing training and workshops to