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Mary Grace Padin
Mary Grace Padin
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GSIS offers loan program for LGU employees in Tarlac
by Mary Grace Padin - September 24, 2019 - 12:00am
State-run Government Service Insurance System (GSIS) has opened a P170 million loan facility for employees of four local government units (LGUs) in the province of Tarlac, the state pension fund said over the w...
Bangsamoro officials get briefing on fiscal matters
by Mary Grace Padin - September 24, 2019 - 12:00am
Finance officials have conducted a series of meetings with representatives of the Bangsamoro government to guide them on various aspects of fiscal and budget management, the Department of Finance (DOF) said over...
Budget gap narrows in 8 months
by Mary Grace Padin - September 24, 2019 - 12:00am
The national government’s fiscal deficit narrowed in the first eight months as the increase in revenues outpaced the growth in public expenditures, according to government data.
SSS loan condonation yields P1.81 billion
by Mary Grace Padin - September 24, 2019 - 12:00am
State-run Social Security System (SSS) said yesterday it has initially recovered P1.81 billion worth of contributions under a recently concluded Contribution Penalty Condonation Program (CPCP).
NG debt payments double to P92 billion in July
by Mary Grace Padin - September 23, 2019 - 12:00am
The national government spent P92.46 billion last July to settle its maturing obligations, including their interest, according to the Bureau of the Treasury.
Manulife inaugurates new office
by Mary Grace Padin - September 22, 2019 - 12:00am
Manufacturers Life Insurance Philippines Co. (Manulife) recently moved to a new modern office in Makati City to support its transformation into a digital insurer.
SSS, cops nab 2 delinquent employers
by Mary Grace Padin - September 22, 2019 - 12:00am
Two employers were arrested last week for failing to remit Social Security Systems (SSS) contributions of their employees.
GSIS plans to tap private sector for redevelopment of idle assets
by Mary Grace Padin - September 21, 2019 - 12:00am
State-run Government Service Insurance System (GSIS) is planning to engage the private sector for the possible redevelopment of its idle assets, which would help strengthen the state fund’s financial posi...
Mastercard eyes LGU tieups for deeper financial inclusion
by Mary Grace Padin - September 21, 2019 - 12:00am
Global financial services firm Mastercard Inc. plans to forge partnerships with local city governments for the introduction of payment solutions that seek to promote better urban mobility and improve financial inclusion...
DOF: Rice sector protected by tariffs
by Mary Grace Padin - September 21, 2019 - 12:00am
Local rice is still getting protection from the surge in imports through high effective tariff rate despite the removal of quantitative restrictions, the Department of Finance (DOF) said yesterday.
‘Alcohol tax hike to weigh down government reserves’
by Mary Grace Padin - September 20, 2019 - 12:00am
The country’s top distilleries has warned lawmakers that imposing too much tax increases may dampen demand for alcoholic products, which may result in lower revenues and tax yield for the government.
Oil, gas firms urged to join Philippine transparency initiative
by Mary Grace Padin - September 20, 2019 - 12:00am
More oil and gas firms are urged to join the Philippine Extractive Industries Transparency Initiative (PH-EITI) to promote accountability and transparency in the sector.
US investors urged to participate in Build Build Build
by Mary Grace Padin - September 20, 2019 - 12:00am
The Department of Finance (DOF) has urged US investors to participate in the Philippines’ massive infrastructure initiative, particularly in the development of the New Clark City in Pampanga.
Former economic officials back passage of tax reform measures
by Mary Grace Padin - September 20, 2019 - 12:00am
Former officials of the Department of Finance (DOF) and the National Economic and Development Authority (NEDA), as well as economists, have called for the passage of the remaining tax reform bills in Congress to...
GSIS financial loan assistance open to DOLE employees
by Mary Grace Padin - September 20, 2019 - 12:00am
Employees of the Department of Labor and Employment (DOLE) with outstanding obligations from lending institutions may now access a loan facility from the Government Service Insurance System (GSIS), which will allow...
Wider current account gap seen as economy recovers
by Mary Grace Padin - September 19, 2019 - 12:00am
The Philippines’ current account (CA) deficit may widen again by as much as one percentage point of gross domestic product (GDP) by the end of the year as the economy is seen to recover in the second half,...
POGOs dislodges BPOs as top driver for office demand – LPC
by Mary Grace Padin - September 18, 2019 - 12:00am
The Philippine offshore gaming industry overtook the business process outsourcing (BPO) sector in terms of demand for office space in the first nine months, according to real estate services firm Leechiu Property...
Government picks up spending in August
by Mary Grace Padin - September 18, 2019 - 12:00am
The national government picked up the pace of its spending in the first eight months as line agencies started to shift its gears and implement catch up measures to offset the impact of the 2019 budget delay, the...
T-bills fetch mixed results
by Mary Grace Padin - September 17, 2019 - 12:00am
Treasury bills fetched mixed results yesterday as rates for the 91-day and 182-day securities declined, while rates for 364-day debt papers went up, the Bureau of the Treasury (BTr) reported yesterday.
Government borrows 66% more in 7 months
by Mary Grace Padin - September 16, 2019 - 12:00am
The government’s gross borrowings in the first seven months of the year jumped by 66.21 percent year-on-year as both domestic and foreign debt increased during the period, the Bureau of the Treasury (BTr)...
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