Day: June 30, 2025

Manila: The Department of Social Welfare and Development (DSWD) reiterated on Monday the criteria to qualify for the agency’s Social Pension for Indigent Senior Citizens Program (SocPen). The DSWD advised the public to disregard social media contents that announce all Filipino elderly, rich or poor, are entitled to receive social pension as provided under the Universal Social Pension bill, which is pending in Congress. According to Philippines News Agency, Assistant Secretary Ada Colico of the DSWD’s Protective Programs emphasized that only senior citizens who are poor, sick, feeble, or with disability and who do not receive any pension, assistance from

Manila: The Department of Social Welfare and Development (DSWD) has affirmed its commitment to delivering sustainable interventions against involuntary hunger through the Walang Gutom Program (WGP). According to Philippines News Agency, the WGP is the flagship program of the administration of President Ferdinand R. Marcos Jr. against involuntary hunger wherein food-poor families receive PHP3,000 monthly in food credits provided by the DSWD. “The WGP is the commitment of the Department to really address the issues of poverty and hunger by providing the immediate response but at the same time, a long-term solution,” Assistant Secretary Irene Dumlao said in a radio

Manila: Results were mixed during the Treasury bills (T-bills) auction on Monday as the Auction Committee decided to fully award bids for the 180- and 364-day T-bills while partially awarding the 91-day security. Average rates for the 180- and 364-day T-bills fell below prevailing secondary market rates, settling at 5.607 percent and 5.651 percent, respectively. The 91-day security, meanwhile, was capped at an average of 5.526 percent. According to Philippines News Agency, last week, the average rate of the 91-, 182-, and 364-day T-bills settled at 5.530 percent, 5.557 percent, and 5.655 percent, respectively. “The Treasury bill average auction yields

Manila: Philippine shares slipped as investors book gains, while the peso strengthened on the first trading day of the week. The Philippine Stock Exchange index (PSEi) fell 0.68 percent to 6,364.94 while All Shares also fell 0.27 percent to 3,781.67. According to Philippines News Agency, Regina Capital Development Corp. head of sales Luis Limlingan stated, “The local bourse opened higher on quarter-end window dressing but closed in the red as investors booked gains ahead of key data releases.” He emphasized that the focus is on the upcoming data releases, including Friday’s June inflation print and Tuesday’s PMI (purchasing managers index)

Malaca±ang: President Ferdinand R. Marcos Jr. on Monday swore in Ariel Nepomuceno as the new Commissioner of the Bureau of Customs (BOC). Nepomuceno, who formerly served as the Administrator of the Office of Civil Defense (OCD), will be taking over from Bienvenido Rubio as the BOC chief. According to Philippines News Agency, the oath-taking ceremony took place in Malaca±ang, signifying another key appointment in President Marcos’ ongoing Cabinet reorganization following the 2025 midterm elections. Before being appointed to the OCD, Nepomuceno held the position of Deputy Commissioner for the Enforcement Group at the BOC from 2013 to 2017. Rubio had