General

Manila: The Bureau of the Treasury (BTr) raised PHP28.6 billion from the Treasury bills auction on Monday, exceeding the initial offer of PHP25 billion. “The auction was 3.4 times oversubscribed, attracting PHP84.3 billion in total tenders, prompting the Committee to double the accepted non-competitive bids for the 364-day T-bills to PHP7.2 billion,” the BTr stated. According to Philippines News Agency, total tenders for the 91-day T-bills reached PHP25.6 billion. The Auction Committee accepted PHP8 billion, with the yield settling at 5.468 percent. The BTr also raised PHP8 billion from the 182-day Treasury bills, with total tenders reaching PHP30.3 billion and

Manila: The Office of the Presidential Adviser on Peace, Reconciliation, and Unity (OPAPRU) has praised the Department of Budget and Management (DBM) for approving the release of PHP1.4 billion in funding dedicated to community development initiatives under the “PAyapa at MAsaganang PamayaNAn” (PAMANA) Program. According to Philippines News Agency, OPAPRU Secretary Carlito Galvez Jr. highlighted that the funding demonstrates President Ferdinand R. Marcos Jr.’s commitment to ensuring that no Filipino is left behind in the pursuit of peace and inclusive progress. He also expressed gratitude to Budget Secretary Amenah Pangandaman and her team for their support in facilitating the release

Quezon City: The Unified 911 Emergency System will officially go live in July in the National Capital Region (NCR), Bangsamoro Autonomous Region in Muslim Mindanao (BARMM), and Regions 1 (Ilocos) and 7 (Central Visayas), Interior Secretary Jonvic Remulla said on Monday. In a press conference at the Quezon City Police District headquarters, Remulla announced that the Unified 911 will be powered by cutting-edge technology and will be expanded to other regions in the succeeding months, in line with President Ferdinand R. Marcos Jr.’s directive. According to Philippines News Agency, Remulla emphasized the deployment of the latest technology, which includes features

Manila: The Department of Agriculture (DA) on Monday expressed its intention to recommend maintaining a 15-percent tariff on imported rice to ensure the stability of retail prices. In June 2024, President Ferdinand R. Marcos Jr. enacted Executive Order 62, which reduced the tariff on imported rice from 35 percent to 15 percent, aiming to decrease retail prices by at least PHP7 per kilogram. According to Philippines News Agency, DA Secretary Francisco Tiu Laurel Jr. emphasized the importance of timing the reversion of tariffs accurately. He mentioned that there would be no immediate increase, considering that the harvest season has concluded

Pangasinan: Five major stores in Pangasinan are offering discounts on school supplies as part of the Department of Trade and Industry’s (DTI) Balik Eskwela Diskwento Caravan, aimed at easing back-to-school expenses for students and parents. “For us to preempt the possibility of increases in prices of school supplies, we have the Diskwento Caravan (in) five malls provincewide to help parents or the students buy school supplies at discounted price,” DTI Ilocos Region assistant director Natalia Dalaten said in an interview on Monday. According to Philippines News Agency, discounts range from 5 to 15 percent and are available at the following