The Bangko Sentral ng Pilipinas (BSP) has decided to keep its benchmark overnight rate at two percent during Thursday’s fourth Monetary Board policy meeting for the year because economic recovery remains “tentative” in terms of momentum, said BSP Governor Benjamin E. Diokno. 14826 “(The)...
Despite the coronavirus disease- 2019 (COVID-19) improved trust rate, the government may need to further harness its convincing prowess to entice more individuals to be inoculated for the country to achieve herd immunity. This was evident on Thursday, June 24, after several individuals remained...
The Monetary Board of the Bangko Sentral ng Pilipinas (BSP) is expected to leave its policy rate steady at two percent during Thursday’s policy meeting, according to Moody’s Analytics. “The near-term prospects remain worrisome for the Philippines as the country copes with an intense domestic...
The rate of joblessness in the country has slightly decreased amid the ongoing threat of the coronavirus pandemic, according to the latest survey of Social Weather Stations (SWS). The SWS said 25.8 percent of the country’s adult labor force remains unemployed, which is 1.5 percent lower than the...
Senator Risa Hontiveros on Tuesday, June 15 urged the Energy Regulatory Commission (ERC) to investigate Manila Electric Co.'s (Meralco) recent announcement of a power rate hike for June saying it “defies logic” even under the regime of deregulation. Hontiveros said the ERC must provide a...
The National Capital Region (NCR) Plus might shift to an "ordinary" general community quarantine (GCQ) by mid-June amid the improving health situation, Malacañang declared Thursday. A health worker gives a coronavirus shot to an essential worker while Las Piñas Vice Mayor April Aguilar...
Senator Sonny Angara on Thursday filed a bill proposing free coronavirus (COVID-19) test for jobseekers to address the growing unemployment rate in the country due to the pandemic. Angara noted jobseekers are now having a hard time complying with the requirements issued by potential employers who...
Department of Labor and Employment (DOLE) Assistant Secretary Dominique Rubia-Tutay gave some advice to jobless Filipinos on Wednesday, June 9 amid the increase in unemployment rate in the country. (Screengrab from Zoom meeting) "Ang nakakalungkot po, may mga nakikita po ako at nakakasalamuha na...
The unemployment rate went up by a significant margin from March to April, but the Department of Labor and Employment (DOLE) said this was expected due to recent circumstances connected to the coronavirus disease (COVID-19) pandemic. (Mark Balmores / MANILA BULLETIN) "The labor department had...
Senators on Tuesday, May 25, called on government to ramp up its efforts in inoculating Filipinos against the novel coronavirus disease (COVID-19). A senior citizen is inoculated with AstraZeneca's COVID -19 vaccine in Paranaque City on April 5, 2021. (Ali Vicoy/ MANILA BULLETIN) Senator Risa...
The Department of the Interior and Local Government (DILG) was elated over the increase in the vaccine confidence level of the Filipinos for the coronavirus disease (COVID-19) based on the Social Weather Station (SWS) survey. From only 32 percent last year, DILG Undersecretary Jonathan Malaya said...
Malacañang welcomed the easing of the country's unemployment rate in March this year to 7.1 percent the lowest since the country went into lockdown in March last year due to the coronavirus (COVID-19) pandemic. Manila Bulletin File Photo Presidential Spokesman Harry Roque made the statement...
