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House Bill addresses long-standing problems of military, uniformed personnel pension fund

The House of Representatives is set to start Tuesday floor debates on a bill that will rationalize and strengthen the problematic pension fund system for thousands of military and other uniformed personnel, including policemen, firemen, correctional officers, and coast guard personnel.

T-bill rates mixed at auction of P15B debt paper

Treasury bill (T-bill) yields were mixed at Monday’s auction, with average rate on the 91-day debt paper up slightly from previous auction after data last week showed inflation accelerating in August. 

FDI continues to weaken in June – BSP

Foreign direct investments (FDI) that fell at an annual clip of 34 percent in May continued to fall in June but at a significantly moderate rate of only 3.9 percent in June, the Bangko Sentral ng Pilipinas (BSP) said on Monday.
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Germany beats Serbia, wins FIBA World Cup 2023

Germany outlasted Serbia on Sunday to win its first-ever FIBA World Cup championship, a fitting finish for Deutschland that emerged as the only unbeaten team in the tournament.

Marcos price cap brings down cost of Vietnam rice exports

President Ferdinand Marcos Jr.’s imposition of a cap in the retail price of rice rolled back cost of the grain in Vietnam, posting their biggest price declines last week since the increases following the decision of India to ban export of certain rice varieties in July.

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