Yields on short-term government borrowings increased as investors expect the Bangko Sentral ng Pilipinas (BSP) to raise key policy rates this week. At an auction of Treasury bills on Monday, Aug. 15, the bellwether 91-day rate, which banks use in pricing their loans, inched up to 1.874 percent from...
Press Secretary Trixie Cruz-Angeles announced that she is currently under isolation after testing positive for Covid-19. Press Secretary Trixie Cruz-Angeles (Facebook screenshot / Press Secretary Trixie Cruz-Angeles) In a Facebook video , Angeles said her RT-PCR test results came out on Monday...
Marian devotees celebrate Monday, Aug.15, the Solemnity of the Assumption of the Blessed Virgin Mary, the principal and the oldest feast of the Holy Mother. Assumption of Mary (Facebook) Commemorative masses will be celebrated in parishes placed under her patronage in different parts of the...
SPEAKING OUT Ignacio R. Bunye With the advent of Zoom and similar apps, staying connected with business associates, friends and relatives is no problem at all and I am beginning to enjoy it. Business also appreciates the advantages of virtual meetings. Had the last two annual stockholders meetings...
FROM THE MARGINS Microfinance – previously known as microcredit — had a simple premise: giving small loans to the poor would help their microenterprises, which would lift them out of poverty. When they pay back the loan, the money can be lent to other borrowers, improving the lives of more...
Debt payments down 41% in H1 Debt payments by the national government went down by 41 percent in the first semester of the year due to lower amortization, data from the Bureau of the Treasury showed. The national government's debt servicing reached P458.35 billion in January to June this year,...
Press Secretary Trixie Cruz-Angeles has assured the public that her office will "maintain objectivity" in making pronouncements to ensure the orderly dissemination of information on policies, programs, official activities, and achievements of the Marcos administration. Press Secretary Trixie...
HEARD IT THROUGH THE GRIPE-VINE: OUR NEW ABNORMAL Any cursory glance at the feeds of your favorite social media platforms will show that ‘revenge travel’ to foreign destinations is an expanding reality. And when you factor in how tourism bureaus of several countries have been lavishly spending...
BETTER DAYS Senator Sonny Angara Recently, we received some good news that among several bills that recently lapsed into law was the increase in the social pension for indigent senior citizens from the present ₱500 to ₱1,000 per month or from ₱6,000 to ₱12,000 annually. We filed this bill...
PEACE-MAKER Jose de Venecia Jr. Former Speaker of the House Amid the recent tensions in the Taiwan Strait, which is one of the protracted flashpoints in Asia and in the world, we wish to reiterate our continuing modest calls and fervent wish against a possible Cold War in the Asia Pacific region....
Philippine cinema in books The University of Santo Tomas Publishing House published the two book volumes of Lee— Ang Daigdig ng mga Api: Remembering a Lost Film and Riding the Waves: 15 Years of Cinemalaya. Six books by icons and experts on Philippine cinema have been launched at the 18th...
For the Women (FTW) Foundation, on Saturday, Aug. 13 once again proved that “women can” compete as it conducted its 6th commencement activity for its data science scholars. (For the Women Foundation) FTW is a nonprofit organization established in 2018. It is committed to providing free Data...
