Day: June 23, 2025

Manila: Results were mixed during the Treasury bills (T-bills) auction on Monday as the Auction Committee decided to fully award bids for the 181- and 364-day T-bills while partially awarding the 91-day security. According to Philippines News Agency, the 181- and 364-day T-bills fetched average rates of 5.557 percent and 5.655 percent, respectively. The 91-day T-bill was capped at an average of 5.530 percent. The auction was 2.6 times oversubscribed, attracting PHP65.5 billion in total tenders. The Bureau of the Treasury (BTr) said this prompted the Auction Committee to double the accepted non-competitive bids for the 181-day T-bills to PHP6.4

Manila: The Department of Trade and Industry (DTI) announced the full enforcement of the Internet Transactions Act of 2023 (ITA), which came into effect after its transitory period ended on June 20. This move introduces strict regulations and potential liabilities for all online merchants and digital platforms in the Philippines. According to Philippines News Agency, the DTI now has the authority to issue takedown orders against online listings that offer illegal goods or services. Digital platforms may also be held jointly liable with sellers if they fail to address illicit activities on their sites. This step is part of a

Manila: The Philippine Health Insurance Corporation (PhilHealth) has paid nearly PHP27 billion for over two million hemodialysis claims in the first half of 2025, almost matching the PHP28 billion paid for the entire year of 2024. According to Philippines News Agency, PhilHealth Health Policy Sector Senior Vice President Israel Francis Pargas stated that the sharp increase in claims is indicative of a growing demand for dialysis and continued access to essential life-saving treatment. In contrast, payments for peritoneal dialysis claims were PHP121 million for 14,000 claims during the same period, a significant decrease compared to over PHP400 million for all

Tel Aviv: At least 127 Filipinos in Israel have been displaced after their homes were damaged by missiles launched by Iran. In a Facebook post on Monday, the Philippine Embassy in Tel Aviv reported that the number of Filipinos seeking repatriation rose to 253 on Sunday. According to Philippines News Agency, one Filipino remains in the hospital after suffering a serious injury but is now in stable condition. ‘One is in critical condition with severe and life-threatening injuries. She underwent a major pulmonary surgery and another procedure to create a breathing tube access. She is being treated at the ICU

Hermosa: A new Subic-Clark-Tarlac Expressway (SCTEX) interchange is set to connect Hermosa, Bataan, to the logistics and manufacturing corridor of Central Luzon, significantly boosting long-term development and connectivity in the region. The interchange is part of the SCTEX Expansion and Enhancement Plan, aligning with President Ferdinand R. Marcos Jr.’s ‘Build, Better, More’ infrastructure initiative. According to Philippines News Agency, this project is a collaboration between the Bases Conversion and Development Authority (BCDA), the Department of Public Works and Highways (DPWH), the North Luzon Expressway (NLEX) Corp., and the local government of Hermosa. The BCDA emphasized that the interchange will establish