The research arm of German lender Deutsche Bank expects the Bangko Sentral ng Pilipinas (BSP) to deliver bigger interest rate hikes than previously anticipated as inflation risks intensify, while also lowering its economic growth forecasts for the Philippines amid mounting external pressures and...
President Marcos urged local government units (LGUs) to help strengthen public awareness of government healthcare programs, saying many Filipinos remain unaware of the assistance and benefits available to them. Speaking during the oath-taking of the newly elected national and regional officers of...
In the furthest reaches of the galaxy, anything goes. There are countless possibilities and infinite ways to mess things up. In the case of “Star Wars: The Mandalorian and Grogu,” it leans dangerously close to the latter but still has enough draw to charm general audiences. It’s wild to think...
The Philippines’ balance of payments (BOP) deficit widened to a record $7.41 billion in the first four months of the year, driven by the persistent trade imbalance and volatile capital flows that have rapidly depleted the nation’s dollar reserves. The cumulative four-month deficit has already...
The local government of Pasig plans to propose a formal agreement with The Medical City to further support its existing zero-balance billing system by covering additional costs for patients in its 51-bed PhilHealth ward. Recently, Pasig City Mayor Vico Sotto and Health Secretary Ted Herbosa...
Successive and increasingly large monthly balance of payments (BOP) deficits pushed the end-March deficit to a total of $5.29 billion—its widest year-to-date gap on record. This three-month total is already approaching the $5.66-billion full-year deficit recorded last year, according to the...
The Balance Project PHI successfully held its inaugural camp from March 20 to 22 at LTSA Makati, marking the beginning of a youth-driven initiative aimed at supporting grassroots sports development in the Philippines. The project was conceptualized by 15-year-old Sabina Estelle Tayag, a Grade 10...
Malacañang bared that the Department of Health (DOH) is studying the provision of free pay wards or shared rooms in DOH-run hospitals for direct contributors of Philippine Health Insurance Corporation (PhilHealth). "Libreng pay wards or shared room sa mga ospital ng Depart of Health (DOH),...
Malacañang has defended the increase in the budget of the Medical Assistance For Indigents and Financially Incapacitated Patients (MAIFIP), saying that it intends to expand the coverage of zero-balance billing policy to non-Department of Health (DOH) hospitals. Palace Press Officer and...
Senate Minority Leader Alan Peter Cayetano has called out the Department of Health (DOH) and the Philippine Health Insurance Corporation (PhilHealth) for misleading the public on the true scope of the No Balance Billing (NBB) policy. According to Cayetano, the term “no balance billing” (NBB)...
Senator Sherwin Gatchalian said it is imperative to move some of the proposed P49-billion for the Medical Assistance to Indigent and Financially Incapacitated Patients (MAIFIP) to expand the government’s zero-balance billing program. Gatchalian, chairman of the Senate Committee on Finance and...
Revising its narrower forecast earlier, the Bangko Sentral ng Pilipinas (BSP) now sees the Philippines’ balance of payments (BOP) deficit to widen this year and next year due to widening trade-in-goods gap. As of September, the BSP is projecting the BOP hole to widen to 1.4 percent of the...
