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Czeriza Valencia
Czeriza Valencia
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BTr upsizes T-bill award to P30.2 billion
by Czeriza Valencia - May 11, 2021 - 12:00am
The Bureau of the Treasury upsized the volume of Treasury bills awarded yesterday as strong demand continued to pull down rates across-the-board for the short-dated securities.
Subsidies to GOCCs reach P11.5 billion in Q1
by Czeriza Valencia - May 10, 2021 - 12:00am
Subsidies extended by the national government to state-owned corporations reached P11.5 billion in the first quarter, lower than the funding support provided in the same period last year, according to the Bureau...
Inflationary pressures persist
by Czeriza Valencia - May 10, 2021 - 12:00am
Even as the rise in the prices of consumer goods was tempered last month, inflationary pressures remain due to the normalization of oil prices and still elevated meat prices, according to the Department of Fina...
DOF backs planned overhaul of military pension system
by Czeriza Valencia - May 9, 2021 - 12:00am
The Department of Finance will rally support this year for the passage of proposed reforms in the pension system of the military and uniformed personnel.
Nat Re posts lower earnings last year
by Czeriza Valencia - May 8, 2021 - 12:00am
The National Reinsurance Corporation of the Philippines, the country’s national reinsurer, earned a lower net income of P120 million in 2020, as stronger underwriting results were weighed down by lower investment...
Microinsurance now covers 50 million Pinoys
by Czeriza Valencia - May 7, 2021 - 12:00am
More Filipinos were covered by microinsurance as of last year, even with less collection of premiums by providers after extensions were made in the payment of contributions due to the pandemic, said the Insurance...
Guaranteed MSME loans reach P1.47 billion
by Czeriza Valencia - May 6, 2021 - 12:00am
Loans of pandemic-hit smaller businesses that have been guaranteed by the government have grown sixfold in March since the guarantee program was launched in December 2020, the Department of Finance said yesterd...
Customs surpasses April collection target
by Czeriza Valencia - May 5, 2021 - 12:00am
The Bureau of Customs announced that its collections in April exceeded the target by P2 billion on increased revenue from collection districts.
NG debt rises to new record high of P10.77 trillion
by Czeriza Valencia - May 4, 2021 - 12:00am
The national government’s total outstanding debt rose to a new record high of P10.774 trillion in end-March, still mostly domestic borrowings, to fund its pandemic response, the Bureau of the Treasury said...
NG borrowings hit P1.38 trillion in Q1
by Czeriza Valencia - May 3, 2021 - 12:00am
Gross borrowings of the national government from domestic and external sources reached P1.38 trillion from January to March, already more than a third of the 2021 borrowing program of around P3 trillion, according...
SSS opens learning portal for members
by Czeriza Valencia - May 2, 2021 - 12:00am
The Social Security System is offering an online platform that will enable its members to learn about the benefits and services of the pension fund.
Vaccine czar sees herd immunity vs COVID-19 by yearend
by Czeriza Valencia - May 1, 2021 - 12:00am
Secretary Carlito Galvez Jr. yesterday expressed confidence that the Philippines will achieve herd immunity against COVID-19 within the year.
Pagcor sees contribution to healthcare shrinking anew
by Czeriza Valencia - April 29, 2021 - 12:00am
The Philippine Amusement and Gaming Corp. warned yesterday that its contribution to the Universal Healthcare Care system may be reduced again this year as its gaming revenues shrink due to the reimposition of strict...
Government debt share to GDP rises to 42%
by Czeriza Valencia - April 28, 2021 - 12:00am
The share of the consolidated general government debt to gross domestic product rose to 42.1 percent in the first half of 2020 from only 35.9 percent in the same period in 2019, according to the Department of F...
Budget gap widens to P321.5 billion in Q1
by Czeriza Valencia - April 28, 2021 - 12:00am
The country’s budget deficit widened to P321.5 billion in the first quarter as the government continued to spend more for pandemic response even as revenues continued to fall, the Bureau of the Treasury reported...
DOF sees signs of economic recovery
by Czeriza Valencia - April 26, 2021 - 12:00am
Recent improvements in merchandise trade and manufacturing conditions indicate the first signs of economic recovery although it remains in a precarious position, according to the Department of Finance.
Sun Life offers new maturity options for MyFuture Fund
by Czeriza Valencia - April 25, 2021 - 12:00am
Sun Life of Canada (Philippines) Inc. announced that it is launching three new maturity date options for its MyFuture Fund investment solution.
Government raises $2.53 billion from euro bond sale
by Czeriza Valencia - April 23, 2021 - 12:00am
The government has raised $2.53 billion (2.1 billion euro) from the successful issuance of euro-denominated bonds in three tranches, the Bureau of the Treasury (BTr) announced yesterday.
Marked fuel taxes reach P218 billion as of April
by Czeriza Valencia - April 21, 2021 - 12:00am
The government has collected P218.05 billion in duties and taxes from the implementation of the fuel marking system as of mid-April, the Department of Finance said Monday.
Planned euro bonds get favorable ratings
by Czeriza Valencia - April 21, 2021 - 12:00am
Global credit rating agencies assigned stable ratings to the government’s proposed benchmark-size euro bond issuance.
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