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Non-bank gov't bodies ordered to formulate investment frameworks

MANILA - President Rodrigo R. Duterte has signed an administrative order (AO) that directs all non-bank government entities to formulate investment governance frameworks for foreign exchange (FX) derivatives transactions. AO 28, signed by Duterte on May 24, was released on Thursday. "There is a need to institute sufficient monitoring safeguards and risk management mechanisms in FX derivatives transactions to protect the National Government's fiscal and economic interests in non-bank gov...
Government Service Insurance System Bangko Sentral Rodrigor Duterte Head Of Agency Home Development Mutual Fund Department Of Finance

With Covid-19 Safety cert, GSIS assures client safety

THE GSIS Head Office in Pasay City has secured the Safety Seal Certification from the Department of the Interior and Local Government to assure the public that standard public health and safety protocols are being observed to protect clients from Covid-19. GSIS’s application was based on the Joint Memorandum Circular…
Pasay City Rolando Ledesma Macasaet Department Of The Department Of Health Head Office In Pasay City Department Of Tourism

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Fuel subsidy for agri sector to start March 17

ROLL-OUT. Agriculture Secretary William Dar says during a press briefer on Wednesday (March 16, 2022) the rollout of the fuel subsidy to farmers and fishers will kick off in Tacloban, Leyte on Thursday (March 17. 2022) during the visit of President Rodrigo Duterte. Dar said there is a possibility for a second tranche of the program with bigger financing. (Screengrab) MANILA - Farmers and fishers in Leyte will be the pioneer recipients of the Department of Agriculture's (DA) Fuel Subsidy Prog...
Rodrigo Duterte William Dar Department Of Agriculture Da Fuel Subsidy Program Subsidy Program Da Bureau Of Fisheries Price Fund

DA-registered farmers, fisherfolk priorities in fuel subsidy

(File photo) MANILA - The Department of Agriculture (DA) will prioritize farmers and fisherfolk under the Registered System for Basic Sectors in Agriculture (RSBSA) in distributing the PHP500-million fuel subsidy. DA Assistant Secretary-designate for Operations, Arnel de Mesa, told the Philippine News Agency on Friday that it is not possible to assist everyone, given the limited budget. "We have only PHP500 million so the DA will select the beneficiaries with priority to those in the RSBSA,...
Department Of Agriculture Municipal Agriculture Office Philippine News Agency On Registered System Basic Sectors Arnel De Mesa

Pangasinan shortens curfew hours under Alert Level 1

LINGAYEN, Pangasinan -- The provincial government of Pangasinan has shortened the curfew hours being imposed to 12 midnight - 4 a.m as the province transitioned to Alert Level 1 from March 1 to 15. 69097 Governor Amado Espino III on Monday, Feb. 28, signed and issued Executive Order (EO) 0015-20
Alert Level Executive Order Implementing Guidelines Nationwide Implementation Alert Level System For Alert Level System Guidelines
Source: mb.com.ph

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