ALMEDA. MEG J. ADONIS PHOTO

Gov’t has new tool to find areas without electricity

THE National Electrification Administration (NEA) will soon be able to accurately map out areas without access to electricity after partnering with Cisco Philippines to...
The Bureau of Treasury acts as principal custodian of the financial assets of the national government, its agencies and instrumentalities. ABS-CBN NEWS PHOTO

Nat’l gov’t debt reaches P14.35 trillion as of end-August

THE Bureau of Treasury said the national government's outstanding debt went up to P14.35 trillion as of end-August 2023. It said the P105.28 billion or...
Philippine Charity Sweepstakes Office (PCSO) officials witness the launch of the Philippine Lottery System at the PCSO Conservatory Building in Mandaluyong City on Oct. 1. PCSO PHOTO

PCSO MIGRATES TO AUTOMATED LOTTERY SYSTEM FOR ENHANCED EFFICIENCY, TRANSPARENCY 

The Philippine Charity Sweepstakes Office (PCSO) on Sunday (October 1), launched the brand-new Philippine Lottery System (PLS), which would bring a host of benefits,...
Gasoline prices will go down by P2 per liter while diesel will increase by P0.50 per liter today. PN PHOTO

Gasoline, kerosene prices down; diesel up

PUMP prices of gasoline and kerosene will again decline for the second consecutive week today by up to P2 per liter, while the price...
Bureau of Treasury officer-in-charge Sharon Almanza (left) and Finance secretary Benjamin Diokno (right) share at a briefing on Friday, Sept. 29, that demand for the latest retail onshore dollar bonds exceeded the USD200 million initial offering. As of Sept. 27, the government has so far raised USD611 million from the RDB 2 offering. DOF PHOTO

Gov’t expects $1B from Retail Dollar Bonds 2 offering

THE government is confident that it will raise more than USD1 billion from its second offering of Retail Onshore Dollar Bonds (RDB 2), a...
The proposed measure seeking to impose tax on junk food has yet to gain support from either the House of Representatives or the Senate. PHOTO BY TIM SAMUEL FROM PEXELS

No sponsor yet for proposed tax on junk food – DOF

NO LAWMAKER in either chamber of Congress has sponsored the passage of a measure that would slap a tax on junk food, according to...
DIOKNO. DOF FILE PHOTO

Maharlika Corp. seen to start investment activities in Q1 2024

MAHARLIKA Investment Corporation (MIC), the state-owned company that will manage the country’s first sovereign wealth fund, is expected to begin its investment activities in...
Adoption of digital technology can improve the efficiency and transparency of government services. PHOTO COURTESY OF ABS-CBN NEWS

WB OKs $600-M loan to PH for digital tech, e-commerce

THE World Bank announced it has approved a $600-million loan supporting the Philippines’ increased adoption of digital technology. The country’s first “Digital Transformation Development Policy...
Beneficiary farmers in barangays Sibato and Sibolo, Caluya, Antique received seaweed propagules from Semirara Mining and Power Corporation as additional source of livelihood.

SMPC distributes seaweed propagules to Caluya farmers

INTEGRATED energy company Semirara Mining and Power Corporation (SMPC), in its continued effort to expand its livelihood programs outside of its host island, has...
A woman arranges the eggs at her store in Kamuning Market in Quezon City. JONATHAN CELLONA/ABS-CBN NEWS PHOTO

Egg price also rises

PRICE of eggs is up by P1 per piece as of Friday, Sept. 29,which according to the Philippine Egg Board Association was due to...