Inflation hits 3 5% in December visayandailystar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from visayandailystar.com Daily Mail and Mail on Sunday newspapers.
Sen. Joel Villanueva
(Senate of the Philippines / MANILA BULLETIN FILE PHOTO)
Villanueva, sponsor and co-author of the law, said on Tuesday that Congress has appropriated over P1 billion to implement the Doktor Para sa Bayan Act.
He said that under the 2021 General Appropriations Act, some P802 million has been allocated to the Commission on Higher Education (CHED) and the Department of Health (DOH) to allow them to accommodate more scholars under the medical scholarship program.
Lawmakers also allocated P279 million for Cebu Normal University, University of Southeastern Philippines, and Western Mindanao State University to fund the opening of their respective colleges of medicine this year.
PSA to rollout Step 2 sign up for PhilSys early January radyonatin.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from radyonatin.com Daily Mail and Mail on Sunday newspapers.
January 4, 2021 | 12:04 am Font Size
MARA RIVERA/UNSPLASH
GOVERNMENT SECURITIES on offer this week may see their yields move sideways at the first auctions of the Bureau of the Treasury (BTr) this year.
The BTr will offer P20 billion in Treasury bills (T-bills) on Monday: P5 billion each in 91- and 182-day debt papers and P10 billion in 364-day securities.
On Tuesday, it is looking to borrow P30 billion via an offer of reissued 10-year Treasury bonds (T-bonds). The notes have a remaining life of four years and eight months and carry a coupon of 3.625%.
A bond trader said via Viber over the weekend that the yields of the T-bills on offer on Monday could move sideways or slightly lower, while the five-year bonds could fetch rates between 2.5% and 2.575% “as the tenor remains attractive for yield pickup.”
January 4, 2021 | 12:03 am Font Size
PHILSTAR
THE average farmgate price of palay, or unmilled rice, rose 1.1% week-on-week to P16.14 per kilogram in the second week of December, with the price increasing 2.2% year on year, according to the Philippine Statistics Authority (PSA).
In its weekly report on palay, rice, and corn prices, the PSA said the average wholesale price of well-milled rice fell 0.2% to P37.42 while the retail price fell 0.3% to P41.01.
The average wholesale price of regular-milled rice fell 0.1% to P33.42 while the retail price fell 0.2% to P36.21.
The farmgate price of yellow corn grain rose 0.3% week-on-week to P12.12 per kilogram.