TDF yields rise ahead of BSP meet

YIELDS on the term deposit facility (TDF) of the Bangko Sentral ng Pilipinas (BSP) continued to rise on Wednesday, as the 14-day papers were undersubscribed, ahead of the Monetary Board’s policy setting on Thursday (Sept. 22). Total bids for the central bank’s term deposits reached P293.004 billion, going above the P220-billion offer for this week. […]

Editorial: Dictator he was

The amended 1935 Constitution was the highest law in the Philippines when Ferdinand Marcos Sr. won the presidency in 1965. The Commonwealth-era basic law mandates a presidential term of four years but not more than eight consecutive years.Marcos sought a second term in 1969, and he got reelected. He was the first and last president […]

EXPLAINER: Cebu’s Rep. Raymond Mendoza of TUCP party-list is serving his 5th consecutive term, may start his 6th in 2022. How his party ‘beat’ term limit.

AMONG the 12 members of the House of Representatives from Cebu, seven represent the seven districts of the province, two from Cebu City, one each from lone districts Mandaue City and Lapu-Lapu City, and one from the TUCP Party-List, which is organized by Trade Union Congress of the Philippines and Associated Labor Unions (ALU). Representative […]