With additional funding, PAL will continue to operate flights and “meet all its current financial obligations throughout the Chapter 11 process to employees, customers, the government, and its lessors, lenders, suppliers and other creditors.”

PAL granted $505-M financing by US bankruptcy court

Bank customers can now access their different accounts with just one financial institution, through the Bangko Sentral ng Pilipinas Open Finance Framework through their collaboration and data sharing. But such data sharing will depend completely upon the customers’ desire.

More choices to make: Customer-centric products to rise in open finance framework

The House of Representatives has sent to the Senate its approved P5.025 trillion 2022 national spending budget to give senators ample time to scrutinize and debate on the proposed allocations by departments. The House passed on second and final reading the 2022 budget last September 30 after getting a certification from the President as to its urgency.

Ahead of time! House sends P 5.025-T proposed 2022 national budget to Senate  

The government is again borrowing for the third quarter this year of $4.56 billion, up by 52 percent over the same period last year to be used for a) general financing requirements; b) reform programs on youth employment and financial sector, c) disaster resilience; d) assistance to the agriculture sector and e) emergency response.

MB okays $4.66 billion Q3 govt foreign borrowings

Bangko Sentral ng Pilipinas Governor Benjamin Diokno emphasized the crucial role media plays in making people realize the importance of savings and availing of banking services and in bringing the Bangko Sentral closer to the people.

BSP: Media is crucial in bringing banks closer to the people

In its 2020 audit report on the Department of Education (DepEd), the Commission on Audit flagged the DBM-PS’s failure to deliver P5.53 billion worth of computer hardware and software, textbooks and other learning materials during the past years. 

More headaches! COA flags DBM-PS on undelivered P5.5-B computers, instructional materials to DepEd

The national government’s running debt stock skyrocketed to a fresh P11.642 trillion as of end-August 2021, on the back of increased fund- raising efforts to boost state coffers amid the continuing Covid-19 pandemic, data released Thursday by the Bureau of the Treasury (BTr) shows.

PH debts hit ‘worrisome’ record of P11.6-T

Bangko Sentral ng Pilipinas Governor Benjamin Diokno said in a virtual dialogue with the International Monetary Fund and Asian finance ministers that the Philippines has completed the roadmap on ‘sustainable central banking’ founded on the principles of sustainable finance, environmental, social and corporate governance.

Phl completes roadmap for ‘sustainable central banking’

The global dirty money watchdog noted the Philippines has developed and implemented guidance on delisting and the unfreezing of assets for targeted financial sanctions related to proliferation financing.

AMLC says PHL to get out of ‘gray list’ by 2023

Legislators are looking for ways to pour money into the Philippine Sports Commission so it can work harder at developing the local athletes and prepare them for competitions here and abroad.

Giving PH sports a lift; expanding fund sources for PSC mulled

More headaches! COA flags DBM-PS on undelivered P5.5-B computers, instructional materials to DepEd photo from GMA Network

Giving PH sports a lift; expanding fund sources for PSC mulled photo Daily Tribune

Ahead of time! House sends P 56.025-T proposed 2022 national budget to Senate photo BusinessWolrd Online

PAL granted $505-M financing by US bankruptcy court photo from Abogado

More choices to make Customer-centric products to rise in open finance framework photo CNN Philippines

AMLC says PHL to get out of ‘gray list’ by 2023 photo BusinessMirror

BSP Media is crucial in bringing banks closer to the people photo Euromoney

Phl. completes roadmap for ‘sustainable central banking’ photo from BusinessMirror

MB okays $4.66 billion Q3 govt. foreign borrowings photo Advocates Philippines

PH debts hit ‘worrisome’ record of P11.6-T photo Manila Bulletin

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