Manila: The Bureau of the Treasury (BTr) fully awarded the reissued 10-year Treasury bonds (T-bonds) on Tuesday. With a remaining term of nine years and four months, the T-bond fetched an average rate of 5.967 percent, lower than both its previous reissuance and the prevailing secondary market rate. “The 10-year Treasury bond average auction yield…
Manila: The Philippine National Police (PNP) is fine-tuning the charges for inciting to sedition against supporters of jailed Kingdom of Jesus Christ (KOJC) leader Apollo Quiboloy. In a radio interview Tuesday, Police Regional Office-Davao Region (PRO-11) Director Brig. Gen. Nicolas Torre III said the sedition charges will be filed against those who staged a rally…
The local government here issued a warning to illegal settlers in watershed areas to voluntarily dismantle their structures or face enforcement actions. ‘I strongly advise you to self-demolish to avoid further complications. The government must act to protect our vital natural resources,’ Mayor Sebastian Duterte said in a statement posted Monday. Duterte stressed the importance…
Manila: The Bureau of Corrections has formed a technical working group (TWG) to implement the Supreme Court (SC) ruling to include persons convicted of heinous crimes in the coverage of Republic Act (RA) 10592, or the Good Conduct Time Allowance (GCTA) law. In a statement, BuCor Director General Gregorio Pio Catapang Jr. said the TWG…
Manila: The Philippine Economic Zone Authority (PEZA) reported Tuesday that its Board of Directors has approved PHP6.978 billion of investments from 21 new and expansion projects. In a statement, PEZA said these project registrations were approved during a board meeting at the West Cebu Estate in Balamban, Cebu last Aug. 27. According to PEZA, six…
The Department of Labor and Employment (DOLE) has paid PHP632.6 million to workers in Eastern Visayas under the Tulong Panghanapbuhay sa Ating Disadvantaged/Displaced Workers (TUPAD) program this year. DOLE regional mediator-arbiter, lawyer Cecilio Baleña, said the emergency employment program has benefited 269,788 displaced workers in the region from January to August 2024. ‘We expect more…
