Czeriza Valencia
Czeriza Valencia
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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.
Full award at T-bill auction
by Czeriza Valencia - April 20, 2021 - 12:00am
The government awarded in full P25 billion worth of Treasury bills, even as rates rose slightly for debt papers with shorter tenors.
CREATE IRR completed by next month
by Czeriza Valencia - April 19, 2021 - 12:00am
The newly reconstituted Fiscal Incentives Review Board is targeting to complete the implementing rules and regulations of the Corporate Recovery and Tax Incentives for Enterprises Act by the third week of May, according...
Debt payments decline in February
by Czeriza Valencia - April 19, 2021 - 12:00am
The government settled less of its local and foreign obligations in February, with payments reaching P33.3 billion during the month, according to the Bureau of the Treasury.
Budget utilization moderate in Q1
by Czeriza Valencia - April 19, 2021 - 12:00am
Budget utilization by government agencies eased in the first quarter, according to the Department of Budget and Management.
Hospital chain secures P1.3 billion loan from DBP
by Czeriza Valencia - April 18, 2021 - 12:00am
State-run Development Bank of the Philippines has extended new loans totaling P1.275 billion to Allied Care Experts Medical Group for the improvement of its health facilities in Tuguegarao and Bulacan provinces...
BTr launches Online Fidelity Bond System
by Czeriza Valencia - April 17, 2021 - 12:00am
Applications for fidelity bonding for public officials acting as custodians of funds or properties will soon be easier with the launch of the Online Fidelity Bond System, the Bureau of the Treasury said yester...
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